This week, we provide top-five ranked VE data for our Computer and Technology Sector stocks. We take a look at our latest data on Goodyear Tire and Rubber $GT and provide a free download link for our stock report on the company. We have re-implemented a Valuation Watch.
VALUATION WATCH: Overvalued stocks now make up 60.85% of our stocks assigned a valuation and 25.63% of those equities are calculated to be overvalued by 20% or more. Because overvaluation has once again increased above 60%, we have re-implemented a Valuation Watch. Fourteen sectors are calculated to be overvalued.
EDITOR’S NOTE: We will be publishing on an adjusted schedule for the 2017 holidays–T,TH,F, and then resume our regular M,W,F publication schedule beginning January 8, 2018
ValuEngine Index Overview
| Index | Week Open | Friday PM | Change | % Change | YTD |
| DJIA | 24739.56 | 24755.39 | 15.83 | 0.06% | 25.26% |
| NASDAQ | 6980.4 | 6954.11 | -26.29 | -0.38% | 29.18% |
| RUSSELL 2000 | 1530.81 | 1544.11 | 13.30 | 0.87% | 13.78% |
| S&P 500 | 2685.92 | 2681.66 | -4.26 | -0.16% | 19.78% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 39.15% |
| Stocks Overvalued | 60.85% |
| Stocks Undervalued by 20% | 18.43% |
| Stocks Overvalued by 20% | 25.63% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Aerospace | 0.47% | 0.62% | 15.32% | 31.55% overvalued | 24.61% | 22.84 |
| Industrial Products | 0.32% | 0.76% | 21.06% | 14.24% overvalued | 23.18% | 25.02 |
| Computer and Technology | -0.06% | 0.29% | 29.73% | 13.52% overvalued | 23.35% | 33.06 |
| Construction | 0.91% | 0.96% | 24.63% | 13.23% overvalued | 18.83% | 23.67 |
| Multi-Sector Conglomerates | 0.18% | 1.60% | 15.86% | 12.20% overvalued | 14.77% | 21.12 |
| Transportation | 0.29% | 1.10% | 23.56% | 11.20% overvalued | 19.02% | 23.66 |
| Consumer Discretionary | 0.66% | 1.75% | 20.58% | 9.62% overvalued | 16.84% | 25.42 |
| Utilities | 0.08% | -1.50% | 17.86% | 8.58% overvalued | 14.33% | 22.44 |
| Consumer Staples | 0.20% | 1.99% | 13.55% | 8.19% overvalued | 17.03% | 26.04 |
| Business Services | 0.19% | 0.58% | 16.83% | 8.01% overvalued | 11.10% | 27.02 |
| Finance | 0.32% | 0.46% | 14.45% | 7.80% overvalued | 12.55% | 19.48 |
| Retail-Wholesale | 0.05% | 5.49% | 9.34% | 7.46% overvalued | 7.23% | 25.92 |
| Auto-Tires-Trucks | -0.04% | -1.98% | 25.61% | 5.53% overvalued | 26.19% | 15.47 |
| Basic Materials | 0.22% | 3.03% | 20.79% | 0.46% overvalued | 14.77% | 25.82 |
| Medical | 0.19% | 0.33% | 20.31% | 2.65% undervalued | 18.55% | 28.65 |
| Oils-Energy | 1.28% | 1.65% | 4.55% | 14.81% undervalued | -8.51% | 28.16 |
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 (%) |
| AUO | AU OPTRONCS-ADR | 4.17 | 78.72% | 9.74% |
| UIS | UNISYS | 8.2 | 27.57% | -48.10% |
| ASYS | AMTEC SYSTEMS | 10.43 | 53.09% | 138.13% |
| CYOU | CHANGYOU.COM | 36.41 | 25.60% | 63.57% |
| AAOI | APPLIED OPTOELE | 40.52 | 17.75% | 63.78% |
Top-Five Computers and Technology Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| DPW | DIGITAL POWER | 4.85 | N/A | 646.15% |
| SSC | SEVEN STARS CLD | 5.3 | N/A | 310.85% |
| ESIO | ELECTRO SCI IND | 22.15 | 14.32% | 265.51% |
| IOTS | ADESTO TECH CP | 6.7 | N/A | 252.63% |
| SGMS | SCIENTIFIC GAME | 51.1 | 125.34% | 238.41% |
Top-Five Computers and Technology Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| MU | MICRON TECH | 44.42 | -4.37% | 115.84% |
| WDC | WESTERN DIGITAL | 80.83 | -25.16% | 16.77% |
| LRCX | LAM RESEARCH | 185.64 | -2.27% | 74.34% |
| AMX | AMER MOVIL-ADR | 17.02 | -10.67% | 36.93% |
| AMAT | APPLD MATLS INC | 51.89 | -1.03% | 59.27% |
Top-Five Computers and Technology Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| DDD | 3D SYSTEMS CORP | 9.93 | 300.00% | -32.40% |
| WIX | WIX.COM LTD | 61.1 | 209.45% | 40.46% |
| WIFI | BOINGO WIRELESS | 23.21 | 148.67% | 85.68% |
| ITI | ITERIS INC | 7.49 | 142.09% | 103.53% |
| CREE | CREE INC | 37.75 | 132.65% | 37.77% |
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
The Goodyear Tire & Rubber Company (GT) is a manufacturer of tires. The Company operates through three segments. The Americas segment develops, manufactures, distributes and sells tires and related products and services in North, Central and South America, and sells tires to various export markets. The Americas segment manufactures and sells tires for automobiles, trucks, buses, earthmoving, mining and industrial equipment, aircraft and for various other applications. The Europe, the Middle East and Africa (EMEA) segment develops, manufactures, distributes and sells tires for automobiles, trucks, buses, aircraft, motorcycles, and earthmoving, mining and industrial equipment throughout EMEA under the Goodyear, Dunlop, Debica, Sava and Fulda brands. The Asia Pacific segment develops, manufactures, distributes and sells tires for automobiles, trucks, aircraft, farm, and earthmoving, mining and industrial equipment throughout the Asia Pacific region, and sells tires to various export markets.
VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on Goodyear Tire & Rubber Company for 2017-12-21. Based on the information we have gathered and our resulting research, we feel that Goodyear Tire & Rubber Company has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.
You can download a free copy of detailed report on The Goodyear Tire & Rubber Company (GT) from the link below.
Read our Complete Rating and Forecast Report HERE.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 32.94 | 1.14% |
| 3-Month | 33.68 | 3.40% |
| 6-Month | 34.02 | 4.46% |
| 1-Year | 37.05 | 13.75% |
| 2-Year | 42.19 | 29.52% |
| 3-Year | 47.56 | 46.01% |
| Valuation & Rankings | |||
| Valuation | 20.66% overvalued | Valuation Rank(?) | 25 |
| 1-M Forecast Return | 1.14% | 1-M Forecast Return Rank | 99 |
| 12-M Return | 1.59% | Momentum Rank(?) | 39 |
| Sharpe Ratio | 0.65 | Sharpe Ratio Rank(?) | 79 |
| 5-Y Avg Annual Return | 18.87% | 5-Y Avg Annual Rtn Rank | 85 |
| Volatility | 28.82% | Volatility Rank(?) | 53 |
| Expected EPS Growth | 17.27% | EPS Growth Rank(?) | 52 |
| Market Cap (billions) | 8.94 | Size Rank | 87 |
| Trailing P/E Ratio | 11.03 | Trailing P/E Rank(?) | 91 |
| Forward P/E Ratio | 9.40 | Forward P/E Ratio Rank | 88 |
| PEG Ratio | 0.64 | PEG Ratio Rank | 57 |
| Price/Sales | 0.59 | Price/Sales Rank(?) | 82 |
| Market/Book | 2.03 | Market/Book Rank(?) | 55 |
| Beta | 1.50 | Beta Rank | 20 |
| Alpha | -0.23 | Alpha Rank | 24 |
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
ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine’s award-winning stock research.
Contact ValuEngine Capital at info@valuenginecapital.com
Visit www.ValuEngineCapital.com for more information