{"id":1195,"date":"2018-03-30T10:30:09","date_gmt":"2018-03-30T10:30:09","guid":{"rendered":"http:\/\/blog.valuengine.com\/?p=1195"},"modified":"2018-03-30T06:04:16","modified_gmt":"2018-03-30T06:04:16","slug":"valuengine-weekly-tech-stocks-valuations-and-more","status":"publish","type":"post","link":"http:\/\/blog.valuengine.com\/index.php\/valuengine-weekly-tech-stocks-valuations-and-more\/","title":{"rendered":"ValuEngine Weekly: Tech Stocks, Valuations, and More"},"content":{"rendered":"

This week, we provide top-five ranked VE data for our Technology Sector stocks. We also check our valuations in light of the recent market turmoil.<\/strong><\/span><\/p>\n

VALUATION WATCH: Overvalued stocks now make up 47.24% of our stocks assigned a valuation and 17.56% of those equities are calculated to be overvalued by 20% or more. Ten sectors are calculated to be overvalued.<\/strong><\/span><\/p>\n

<\/p>\n

ValuEngine Index Overview <\/strong><\/h1>\n\n\n\n\n\n\n\n
Index<\/td>\nWeek Open<\/td>\nFriday AM<\/td>\nChange<\/td>\n% Change<\/td>\nYTD<\/td>\n<\/tr>\n
DJIA<\/strong><\/td>\n23825.74<\/td>\n24103.11<\/td>\n277.37<\/td>\n1.16%<\/td>\n-2.49%<\/td>\n<\/tr>\n
NASDAQ<\/strong><\/td>\n7125.2<\/td>\n7063.44<\/td>\n-61.76<\/td>\n-0.87%<\/td>\n2.32%<\/td>\n<\/tr>\n
RUSSELL 2000<\/strong><\/td>\n1513.54<\/td>\n1529.43<\/td>\n15.89<\/td>\n1.05%<\/td>\n-0.40%<\/td>\n<\/tr>\n
S&P 500<\/strong><\/td>\n2619.35<\/td>\n2640.87<\/td>\n21.52<\/td>\n0.82%<\/td>\n-1.22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

ValuEngine Market Overview <\/strong><\/h1>\n\n\n\n\n\n\n\n
Summary of VE Stock Universe<\/td>\n<\/tr>\n
Stocks Undervalued <\/strong><\/td>\n52.76%<\/td>\n<\/tr>\n
Stocks Overvalued <\/strong><\/td>\n47.24%<\/td>\n<\/tr>\n
Stocks Undervalued by 20% <\/strong><\/td>\n21.48%<\/td>\n<\/tr>\n
Stocks Overvalued by 20% <\/strong><\/td>\n17.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

ValuEngine Sector Overview<\/strong><\/h1>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sector<\/td>\nChange<\/td>\nMTD<\/td>\nYTD<\/td>\nValuation<\/td>\nLast 12-MReturn<\/td>\nP\/E Ratio<\/td>\n<\/tr>\n
Aerospace<\/a><\/td>\n-0.59%<\/td>\n-1.77%<\/td>\n0.25%<\/td>\n16.77% overvalued<\/td>\n21.79%<\/td>\n22.61<\/td>\n<\/tr>\n
Computer and Technology<\/a><\/td>\n-1.16%<\/td>\n-1.69%<\/td>\n1.19%<\/td>\n13.42% overvalued<\/td>\n23.02%<\/td>\n31.18<\/td>\n<\/tr>\n
Multi-Sector Conglomerates<\/a><\/td>\n-0.34%<\/td>\n-3.27%<\/td>\n-3.90%<\/td>\n4.92% overvalued<\/td>\n8.54%<\/td>\n24.48<\/td>\n<\/tr>\n
Consumer Staples<\/a><\/td>\n0.47%<\/td>\n-0.78%<\/td>\n-3.03%<\/td>\n3.81% overvalued<\/td>\n11.79%<\/td>\n24.65<\/td>\n<\/tr>\n
Medical<\/a><\/td>\n-0.23%<\/td>\n-0.67%<\/td>\n1.44%<\/td>\n2.56% overvalued<\/td>\n33.13%<\/td>\n28.67<\/td>\n<\/tr>\n
Consumer Discretionary<\/a><\/td>\n-0.34%<\/td>\n-2.00%<\/td>\n-2.73%<\/td>\n2.29% overvalued<\/td>\n14.61%<\/td>\n26.33<\/td>\n<\/tr>\n
Industrial Products<\/a><\/td>\n-0.40%<\/td>\n-1.73%<\/td>\n-2.21%<\/td>\n1.85% overvalued<\/td>\n18.46%<\/td>\n23.95<\/td>\n<\/tr>\n
Utilities<\/a><\/td>\n0.29%<\/td>\n1.34%<\/td>\n-5.28%<\/td>\n1.43% overvalued<\/td>\n2.19%<\/td>\n22.04<\/td>\n<\/tr>\n
Business Services<\/a><\/td>\n-0.21%<\/td>\n-0.67%<\/td>\n3.18%<\/td>\n1.31% overvalued<\/td>\n16.02%<\/td>\n23.86<\/td>\n<\/tr>\n
Finance<\/a><\/td>\n0.22%<\/td>\n0.06%<\/td>\n-1.58%<\/td>\n0.51% overvalued<\/td>\n8.32%<\/td>\n17.91<\/td>\n<\/tr>\n
Construction<\/a><\/td>\n-0.14%<\/td>\n-1.06%<\/td>\n-2.35%<\/td>\n2.64% undervalued<\/td>\n15.42%<\/td>\n22.36<\/td>\n<\/tr>\n
Auto-Tires-Trucks<\/a><\/td>\n-0.11%<\/td>\n-4.81%<\/td>\n-7.48%<\/td>\n3.18% undervalued<\/td>\n13.31%<\/td>\n13.43<\/td>\n<\/tr>\n
Transportation<\/a><\/td>\n-0.38%<\/td>\n-2.23%<\/td>\n-4.62%<\/td>\n3.32% undervalued<\/td>\n16.12%<\/td>\n23.01<\/td>\n<\/tr>\n
Retail-Wholesale<\/a><\/td>\n0.82%<\/td>\n-0.70%<\/td>\n-3.91%<\/td>\n3.81% undervalued<\/td>\n13.72%<\/td>\n23.25<\/td>\n<\/tr>\n
Basic Materials<\/a><\/td>\n-0.72%<\/td>\n-2.20%<\/td>\n-1.76%<\/td>\n8.65% undervalued<\/td>\n-1.02%<\/td>\n22.88<\/td>\n<\/tr>\n
Oils-Energy<\/a><\/td>\n-1.16%<\/td>\n-3.04%<\/td>\n-6.42%<\/td>\n16.61% undervalued<\/td>\n-3.06%<\/td>\n25.41<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Want to learn more about ValuEngine? Our methods? Our history? <\/strong><\/span>
\n Check out our video presentation HERE<\/a><\/strong><\/span><\/p>\n

 <\/p>\n

Valuations<\/strong><\/h1>\n

We have a battle right now within our valuation calculations. The wild market action has us teetering between an undervalued and overvalued condition. So far, we have no clear trend. The recent volatility changes things almost daily. This week, we saw some real gyrations in tech thanks to the ongoing Facebook scandal and other issues–such as the attacks on Amazon.com emanating from within the White House.<\/p>\n

It remains to be seen how this will all pan out. We would like to see some sort of return to “normalcy” within Washington so that we can avoid any sort of self-inflicted wounds vis-a-vis trade, the tech sector, etc. We should be basking in the strong economic numbers, the good jobs picture, the possibility of rising wages–finally!–the signed budget deal, and other good news.<\/p>\n

Sector Talk–Technology <\/strong><\/h1>\n

Below, we present the latest data on Technology stocks from our Professional Stock Analysis Service<\/a>. <\/strong>Top- five lists are provided for each category.\u00a0 We applied some basic liquidity criteria–share price greater than $3 and average daily volume in excess of 100k shares.
\nTop-Five Technology Stocks–Short-Term Forecast Returns<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Ticker<\/strong><\/td>\nName<\/strong><\/td>\nMkt Price<\/strong><\/td>\nValuation (%)<\/strong><\/td>\nLast 12-M Return<\/strong> (%)<\/strong><\/td>\n<\/tr>\n
AUO<\/td>\nAU OPTRONCS-ADR<\/td>\n4.61<\/td>\n28.28%<\/td>\nN\/A<\/td>\n<\/tr>\n
TSEM<\/td>\nTOWER SEMICOND<\/td>\n27.23<\/td>\n68.21%<\/td>\n18.08%<\/td>\n<\/tr>\n
CTL<\/td>\nCENTURYLINK INC<\/td>\n16.13<\/td>\n108.35%<\/td>\n-28.66%<\/td>\n<\/tr>\n
TSG<\/td>\nSTARS GROUP INC<\/td>\n26.05<\/td>\n10.12%<\/td>\n54.60%<\/td>\n<\/tr>\n
MU<\/td>\nMICRON TECH<\/td>\n52.4<\/td>\n-0.86%<\/td>\n82.20%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Top-Five Technology Stocks–Momentum<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Ticker<\/strong><\/td>\nName<\/strong><\/td>\nMkt Price<\/strong><\/td>\nValuation (%)<\/strong><\/td>\nLast 12-M Return<\/strong> (%)<\/strong><\/td>\n<\/tr>\n
EGAN<\/td>\nEGAIN CORP<\/td>\n7.95<\/td>\n3.61%<\/td>\n412.87%<\/td>\n<\/tr>\n
QNST<\/td>\nQUINSTREET INC<\/td>\n13.87<\/td>\nN\/A<\/td>\n267.90%<\/td>\n<\/tr>\n
GRUB<\/td>\nGRUBHUB INC<\/td>\n103.34<\/td>\n88.85%<\/td>\n206.92%<\/td>\n<\/tr>\n
BZUN<\/td>\nBAOZUN INC<\/td>\n44.79<\/td>\nN\/A<\/td>\n200.00%<\/td>\n<\/tr>\n
SQ<\/td>\nSQUARE INC<\/td>\n51.06<\/td>\nN\/A<\/td>\n196.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Top-Five Technology Stocks–Composite Score<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Ticker<\/strong><\/td>\nName<\/strong><\/td>\nMkt Price<\/strong><\/td>\nValuation (%)<\/strong><\/td>\nLast 12-M Return<\/strong> (%)<\/strong><\/td>\n<\/tr>\n
MU<\/td>\nMICRON TECH<\/td>\n52.4<\/td>\n-0.86%<\/td>\n82.20%<\/td>\n<\/tr>\n
WDC<\/td>\nWESTERN DIGITAL<\/td>\n92.18<\/td>\n-10.64%<\/td>\n17.32%<\/td>\n<\/tr>\n
LRCX<\/td>\nLAM RESEARCH<\/td>\n202.62<\/td>\n-1.54%<\/td>\n58.54%<\/td>\n<\/tr>\n
AMAT<\/td>\nAPPLD MATLS INC<\/td>\n55.44<\/td>\n-1.97%<\/td>\n42.67%<\/td>\n<\/tr>\n
HPQ<\/td>\nHP INC<\/td>\n21.77<\/td>\n0.81%<\/td>\n26.57%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Top-Five Technology Stocks–Most Overvalued<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Ticker<\/strong><\/td>\nName<\/strong><\/td>\nMkt Price<\/strong><\/td>\nValuation (%)<\/strong><\/td>\nLast 12-M Return<\/strong> (%)<\/strong><\/td>\n<\/tr>\n
DDD<\/td>\n3D SYSTEMS CORP<\/td>\n11.51<\/td>\n300.00%<\/td>\n-19.11%<\/td>\n<\/tr>\n
TWOU<\/td>\n2U INC<\/td>\n84.85<\/td>\n181.30%<\/td>\n126.93%<\/td>\n<\/tr>\n
WIFI<\/td>\nBOINGO WIRELESS<\/td>\n25.16<\/td>\n148.79%<\/td>\n93.99%<\/td>\n<\/tr>\n
GTT<\/td>\nGTT COMMUNICATN<\/td>\n54.35<\/td>\n144.26%<\/td>\n131.28%<\/td>\n<\/tr>\n
CREE<\/td>\nCREE INC<\/td>\n40.08<\/td>\n116.30%<\/td>\n47.95%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

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.<\/strong><\/span>
\n Contact ValuEngine at (800) 381-5576 or support@valuengine.com \u00a0<\/strong><\/span>
\n Visit www.ValuEngine.com for more information<\/a><\/strong><\/span><\/p>\n

\u00a0<\/strong><\/span><\/h1>\n

ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine’s award-winning stock research. <\/strong><\/span>
\n Contact ValuEngine Capital at info@valuenginecapital.com<\/strong><\/span>
\n Visit www.ValuEngineCapital.com for more information<\/a><\/strong><\/span><\/p>\n

 <\/p>\n

 <\/p>\n

<\/p>\n

<\/h1>\n

<\/h1>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

This week, we provide top-five ranked VE data for our Technology Sector stocks. We also check our valuations in light of the recent market turmoil. VALUATION WATCH: Overvalued stocks now make up 47.24% of our stocks assigned a valuation and 17.56% of those equities are calculated to be overvalued by 20% or more. Ten sectors … Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[39],"tags":[29,890,628,1083,1075,896,65,66,1077,11,1079,1082,79,30,62,374,1078,1080,9,1073,64,1074,1076,1081,68,67,63,193,897],"_links":{"self":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1195"}],"collection":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/comments?post=1195"}],"version-history":[{"count":1,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1195\/revisions"}],"predecessor-version":[{"id":1196,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/1195\/revisions\/1196"}],"wp:attachment":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/media?parent=1195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/categories?post=1195"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/tags?post=1195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}