ValuEngine Weekly: Tech Stocks, Goodyear, Valuation Watch, and More

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


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Visit www.ValuEngine.com for more information

 

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Contact ValuEngine Capital at info@valuenginecapital.com
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