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July 28, 2017


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This week, we provide top-five ranked VE data for our Computers and Technology stocks. We take a look at our latest data on Office Depot $ODP.

VALUATION: Overvalued stocks now make up 56.3% of our stocks assigned a valuation and 22.74% of those equities are calculated to be overvalued by 20% or more. Thirteen sectors are calculated to be overvalued. We no longer operate under a valuation watch since our measure of overvaluation has once again declined below 60%.



ValuEngine Index Overview

Index
Week Open
Thursday PM
Change
% Change
YTD
DJIA
21577.78
21707.41
129.63
0.60%
9.84%
NASDAQ
6387.82
6337.93
-49.89
-0.78%
17.74%
RUSSELL 2000
1435.82
1433.58
-2.24
-0.16%
5.63%
S&P 500
2472.04
2463.23
-8.81
-0.36%
10.02%

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
43.7%
Stocks Overvalued
56.3%
Stocks Undervalued by 20%
19.77%
Stocks Overvalued by 20%
22.74%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
Computer and Technology
-0.32%
3.70%
22.07%
15.67% overvalued
21.07%
31.77
Aerospace
-0.25%
1.67%
5.28%
10.72% overvalued
30.61%
21.60
Utilities
-0.12%
1.80%
13.75%
8.95% overvalued
11.69%
25.94
Industrial Products
-0.17%
1.12%
8.65%
8.35% overvalued
20.44%
24.61
Consumer Discretionary
0.07%
0.87%
11.64%
6.66% overvalued
16.91%
26.68
Finance
-0.22%
1.50%
7.47%
6.44% overvalued
15.52%
18.56
Construction
-0.04%
0.44%
11.48%
5.46% overvalued
14.73%
21.65
Business Services
0.17%
1.11%
6.79%
4.17% overvalued
7.23%
25.48
Auto-Tires-Trucks
-0.64%
-0.30%
14.55%
3.66% overvalued
27.41%
14.38
Transportation
-0.47%
1.27%
10.52%
2.99% overvalued
15.81%
21.19
Consumer Staples
-0.23%
0.58%
5.40%
2.08% overvalued
7.93%
25.00
Medical
-0.57%
-0.20%
17.31%
1.75% overvalued
10.74%
29.27
Multi-Sector Conglomerates
-0.78%
0.97%
10.94%
1.60% overvalued
12.45%
20.64
Basic Materials
-0.00%
2.53%
9.09%
3.52% undervalued
10.83%
25.02
Retail-Wholesale
0.20%
-0.53%
0.38%
6.69% undervalued
1.37%
23.32
Oils-Energy
0.54%
1.83%
-1.99%
9.05% undervalued
-1.32%
29.07


Sector Talk--Computers and Technology

  Below, we present the latest data on Computers and Technology stocks from our Professional Stock Analysis Service. Top- five lists are provided for each category.  We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares. 

Top-Five Computers and Technology Stocks--Short-Term Forecast Returns

Ticker
Name
Mkt Price
Valuation (%)
Last 12-M Return (%)
MU
MICRON TECH
29.81
-18.11%
103.20%
FNJN
FINJAN HOLDINGS
3.2
N/A
67.54%
WDC
WESTERN DIGITAL
92.96
-8.39%
72.98%
IDCC
INTERDIGITL INC
78.2
-3.02%
32.90%
SMI
SEMICON MFG-ADR
5.85
-32.20%
42.34%

Top-Five Computers and Technology Stocks--Momentum

Ticker
Name
Mkt Price
Valuation (%)
Last 12-M Return (%)
STRP
STRAIGHT PATH
179.58
N/A
935.64%
AAOI
APPLIED OPTOELE
98.76
33.80%
679.48%
ANY
SPHERE 3D CORP
4.66
N/A
471.71%
KEM
KEMET CORP
17.1
173.29%
401.47%
BZUN
BAOZUN INC
32.85
N/A
351.24%

Top-Five Computers and Technology Stocks--Composite Score

Ticker
Name
Mkt Price
Valuation (%)
Last 12-M Return (%)
MU
MICRON TECH
29.81
-18.11%
103.20%
WDC
WESTERN DIGITAL
92.96
-8.39%
72.98%
SMI
SEMICON MFG-ADR
5.85
-32.20%
42.34%
ON
ON SEMICON CORP
15.64
-12.67%
53.79%
HPQ
HP INC
19.26
-3.98%
35.83%

Top-Five Computers and Technology Stocks--Most Overvalued

Ticker
Name
Mkt Price
Valuation (%)
Last 12-M Return (%)
SGMS
SCIENTIFIC GAME
39
253.38%
249.78%
AMD
ADV MICRO DEV
14.76
190.08%
111.46%
KEM
KEMET CORP
17.1
173.29%
401.47%
ITI
ITERIS INC
6.36
145.54%
88.17%
ADSK
AUTODESK INC
114.08
140.90%
94.18%
 

Free Download for Readers

As a bonus to our Free Weekly Newsletter subscribers,
we are offering a FREE DOWNLOAD of one of our Stock Reports

Office Depot, Inc. (ODP) is a leading global provider of products, services, and solutions for every workplace - whether your workplace is an office, home, school or car. The companyoperates under several banner brands including Office Depot, OfficeMax and Grand & Toy. The company's portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on Office Depot for 2017-07-26. Based on the information we have gathered and our resulting research, we feel that Office Depot has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Price Sales Ratio.

You can download a free copy of detailed report on Office Depot, Inc. (ODP) from the link below.

Read our Complete Rating and Forecast Report HERE.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
5.97 1.45%
3-Month
5.72 -2.70%
6-Month
5.79 -1.58%
1-Year
6.91 17.47%
2-Year
5.29 -9.99%
3-Year
4.71 -19.95%

Valuation & Rankings
Valuation
41.40% undervalued Valuation Rank(?)
90
1-M Forecast Return
1.45% 1-M Forecast Return Rank
100
12-M Return
67.05% Momentum Rank(?)
91
Sharpe Ratio
0.33 Sharpe Ratio Rank(?)
67
5-Y Avg Annual Return
19.20% 5-Y Avg Annual Rtn Rank
86
Volatility
58.19% Volatility Rank(?)
28
Expected EPS Growth
1.92% EPS Growth Rank(?)
23
Market Cap (billions)
3.17 Size Rank
76
Trailing P/E Ratio
11.31 Trailing P/E Rank(?)
90
Forward P/E Ratio
11.09 Forward P/E Ratio Rank
81
PEG Ratio
5.88 PEG Ratio Rank
7
Price/Sales
0.31 Price/Sales Rank(?)
91
Market/Book
2.03 Market/Book Rank(?)
54
Beta
2.72 Beta Rank
7
Alpha
0.14 Alpha Rank
75


ValuEngine.com is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
Contact ValuEngine at (800) 381-5576 or support@valuengine.com  
Visit www.ValuEngine.com for more information

 

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Contact ValuEngine Capital at info@valuenginecapital.com
Visit www.ValuEngineCapital.com for more information

 

 

 

 

 

 

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