This week, we provide top-five ranked VE data for our tech stocks. We take a look at our latest data on General Motors $GM. We have ended our Valuation Watch.
VALUATION: Overvalued stocks now make up 58.32% of our stocks assigned a valuation and 23.87% of those equities are calculated to be overvalued by 20% or more. Twelve sectors are calculated to be overvalued. Overvaluation has now dropped into “normal” range and we no longer operate under a Valuation Watch.
ValuEngine Index Overview
| Index | Week Open | Thursday PM | Change | % Change | YTD |
| DJIA | 21045.49 | 21144.18 | 98.69 | 0.47% | 6.41% |
| NASDAQ | 6204.18 | 6246.83 | 42.65 | 0.69% | 15.23% |
| RUSSELL 2000 | 1381.17 | 1396.06 | 14.89 | 1.08% | N/A |
| S&P 500 | 21045.49 | 21144.18 | 98.69 | 0.47% | 7.78% |
ValuEngine Market Overview
| Summary of VE Stock Universe | |
| Stocks Undervalued | 41.68% |
| Stocks Overvalued | 58.32% |
| Stocks Undervalued by 20% | 18.53% |
| Stocks Overvalued by 20% | 23.87% |
ValuEngine Sector Overview
| Sector | Change | MTD | YTD | Valuation | Last 12-MReturn | P/E Ratio |
| Aerospace | 0.03% | 0.86% | 4.73% | 17.80% overvalued | 24.24% | 23.49 |
| Computer and Technology | -0.21% | 2.76% | 16.63% | 17.57% overvalued | 24.57% | 31.35 |
| Multi-Sector Conglomerates | -0.08% | -0.50% | 7.56% | 15.58% overvalued | 13.72% | 20.28 |
| Industrial Products | -0.23% | -0.09% | 5.84% | 13.51% overvalued | 25.51% | 24.85 |
| Utilities | -0.33% | -2.50% | 7.13% | 10.00% overvalued | 21.52% | 23.24 |
| Finance | -0.61% | -1.35% | 2.96% | 7.01% overvalued | 14.61% | 17.61 |
| Auto-Tires-Trucks | 0.03% | 1.30% | 8.91% | 6.83% overvalued | 24.74% | 14.51 |
| Consumer Staples | -0.33% | -1.41% | 4.65% | 6.41% overvalued | 13.82% | 25.87 |
| Business Services | -0.23% | -1.31% | 5.75% | 6.36% overvalued | 6.63% | 24.40 |
| Consumer Discretionary | -0.19% | -0.66% | 7.33% | 5.40% overvalued | 19.10% | 25.49 |
| Construction | -0.31% | -3.14% | 8.43% | 5.16% overvalued | 13.28% | 22.15 |
| Transportation | -0.68% | -1.86% | 4.02% | 1.11% overvalued | 8.79% | 20.22 |
| Medical | -0.89% | -0.91% | 10.41% | 0.78% undervalued | 4.34% | 29.32 |
| Basic Materials | -0.76% | -1.33% | 4.24% | 1.50% undervalued | 24.46% | 24.93 |
| Retail-Wholesale | -0.35% | -4.18% | 1.04% | 3.60% undervalued | 9.14% | 23.58 |
| Oils-Energy | -1.38% | -2.03% | -4.57% | 10.91% undervalued | 2.66% | 30.24 |
Sector Talk–Technology
Below, we present the latest data on 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 Technology Stocks–Short-Term Forecast Returns
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| UIS | UNISYS | 11.8 | 2.31% | 39.81% |
| YRD | YIRENDAI LTD | 23.18 | N/A | 59.86% |
| TTMI | TTM TECHNOLOGIE | 16.24 | 1.71% | 107.41% |
| STX | SEAGATE TECH | 43.57 | 2.35% | 93.13% |
| IDCC | INTERDIGITL INC | 81 | 2.45% | 38.94% |
Top-Five Technology Stocks–Momentum
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| RBCN | RUBICON TECHNOL | 9.91 | N/A | 1357.35% |
| AAOI | APPLIED OPTOELE | 69.82 | -3.48% | 561.80% |
| STRP | STRAIGHT PATH | 178.9 | N/A | 458.89% |
| KEM | KEMET CORP | 13.8 | N/A | 413.01% |
| AEHR | AEHR TEST SYS | 4.58 | N/A | 353.24% |
Top-Five Technology Stocks–Composite Score
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| WDC | WESTERN DIGITAL | 90.06 | -4.84% | 93.51% |
| STX | SEAGATE TECH | 43.57 | 2.35% | 93.13% |
| MU | MICRON TECH | 30.77 | -4.27% | 141.90% |
| FNSR | FINISAR CORP | 24.66 | -20.10% | 46.61% |
| YY | YY INC-ADR | 58.34 | -11.50% | 34.27% |
Top-Five Technology Stocks–Most Overvalued
| Ticker | Name | Mkt Price | Valuation (%) | Last 12-M Return (%) |
| IMMR | IMMERSION CORP | 8.5 | 300.00% | 32.81% |
| FIT | FITBIT INC | 5.23 | 300.00% | -63.12% |
| PEGA | PEGASYSTEMS INC | 58.45 | 173.71% | 121.65% |
| AMD | ADV MICRO DEV | 11.19 | 148.53% | 144.86% |
| ADSK | AUTODESK INC | 111.77 | 147.75% | 91.81% |
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General Motors Company (GM) is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. Its business is organized into three geographically-based segments- General Motors North America (GMNA), General Motors International Operations (GMIO) and General Motors Europe (GME). General Motors Company is headquartered in Detroit, Michigan, the United States of America.
VALUENGINE RECOMMENDATION:ValuEngine continues its BUY recommendation on General Motors for 2017-05-31. Based on the information we have gathered and our resulting research, we feel that General Motors 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 General Motors Company (GM) from the link below.
Read our Complete Rating and Forecast Report HERE.
| ValuEngine Forecast | ||
| Target Price* |
Expected Return |
|
|---|---|---|
| 1-Month | 34.18 | 0.75% |
| 3-Month | 35.16 | 3.63% |
| 6-Month | 35.50 | 4.62% |
| 1-Year | 36.97 | 8.97% |
| 2-Year | 43.06 | 26.90% |
| 3-Year | 46.14 | 35.97% |
| Valuation & Rankings | |||
| Valuation | 12.28% overvalued | Valuation Rank(?) | 35 |
| 1-M Forecast Return | 0.75% | 1-M Forecast Return Rank | 92 |
| 12-M Return | 8.47% | Momentum Rank(?) | 47 |
| Sharpe Ratio | 0.36 | Sharpe Ratio Rank(?) | 70 |
| 5-Y Avg Annual Return | 8.19% | 5-Y Avg Annual Rtn Rank | 68 |
| Volatility | 22.76% | Volatility Rank(?) | 65 |
| Expected EPS Growth | -6.83% | EPS Growth Rank(?) | 16 |
| Market Cap (billions) | 54.52 | Size Rank | 98 |
| Trailing P/E Ratio | 5.19 | Trailing P/E Rank(?) | 99 |
| Forward P/E Ratio | 5.57 | Forward P/E Ratio Rank | 97 |
| PEG Ratio | n/a | PEG Ratio Rank | n/a |
| Price/Sales | 0.32 | Price/Sales Rank(?) | 90 |
| Market/Book | 1.36 | Market/Book Rank(?) | 69 |
| Beta | 1.29 | Beta Rank | 26 |
| Alpha | -0.10 | Alpha Rank | 31 |
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