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April 28, 2016


VALUATION WATCH: Overvalued stocks now make up 38.15% of our stocks assigned a valuation and 11.85% of those equities are calculated to be overvalued by 20% or more. Ten sectors are calculated to be overvalued.

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Indexing

--ValuEngine Rates and Ranks the NASDAQ

ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities.  When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.

We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

We can use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the NASDAQ 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

We have two new companies on our list since the last time we presented the top NASDAQ picks at the beginning of April. Applied Materials and NVIDIA are new--they replaced MSFT and AMGN. LAM Research, NetEase, GIlead, CISCO, and Intel have declined. Citrix has moved into the top-five and Broadcom is our new #1 S&P 500 stock.

Ticker
Company Name
Market Price
Valuation
Last 12-M Retrn
1-M Forecast Retn
1-Yr Forecast Retn
P/E Ratio
Sector
4-7-2016 Leaders
AVGO
BROADCOM LTD
151.53
-0.87%
26.12%
0.93%
11.18%
17.63
Computer and Technology
LRCX
LRCX
LAM RESEARCH
80.97
-10.11%
6.08%
0.91%
10.93%
13.34
Computer and Technology
NTES
NTES
NETEASE INC
133.14
-12.91%
8.02%
0.84%
10.08%
15.11
Computer and Technology
GILD
GILD
GILEAD SCIENCES
100.72
-6.73%
-2.16%
0.83%
9.96%
8.00
Medical
AVGO
CTXS
CITRIX SYS INC
83.9
5.80%
25.32%
0.76%
9.13%
20.07
Computer and Technology
CSCO
AMAT
APPLD MATLS INC
21.42
-1.01%
7.26%
0.59%
7.13%
18.00
Computer and Technology
INTC
NVDA
NVIDIA CORP
37.31
46.80%
68.06%
0.58%
6.95%
28.77
Computer and Technology
CTXS
CSCO
CISCO SYSTEMS
28.64
0.80%
-0.87%
0.57%
6.85%
13.75
Computer and Technology
MSFT
ATVI
ACTIVISION BLZD
34.37
8.05%
44.90%
0.54%
6.50%
28.64
Consumer Discretionary
AMGN
INTC
INTEL CORP
31.75
6.47%
-2.31%
0.54%
6.47%
12.85
Computer and Technology
ATVI

NOTE: New stocks are in BOLD, old stocks that have moved up the list are in GREEN, old stocks that have declined in position are in RED, and stocks which have retained their position are in CAPS.

Below is today's data on Applied Materials (AMAT):

Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on APPLD MATLS INC for 2016-04-27. Based on the information we have gathered and our resulting research, we feel that APPLD MATLS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.

You can download a free copy of detailed report on AMAT from the link below.


ValuEngine Forecast
 
Target
Price*
Expected
Return
1-Month
21.55 0.59%
3-Month
21.63 0.98%
6-Month
21.82 1.88%
1-Year
22.95 7.13%
2-Year
22.58 5.40%
3-Year
21.09 -1.56%

Valuation & Rankings
Valuation
1.01% undervalued
Valuation Rank(?)
52
1-M Forecast Return
0.59%
1-M Forecast Return Rank
88
12-M Return
7.26%
Momentum Rank(?)
78
Sharpe Ratio
0.21
Sharpe Ratio Rank(?)
73
5-Y Avg Annual Return
6.09%
5-Y Avg Annual Rtn Rank
74
Volatility
29.04%
Volatility Rank(?)
60
Expected EPS Growth
28.57%
EPS Growth Rank(?)
67
Market Cap (billions)
26.32
Size Rank
96
Trailing P/E Ratio
18.00
Trailing P/E Rank(?)
66
Forward P/E Ratio
14.00
Forward P/E Ratio Rank
61
PEG Ratio
0.63
PEG Ratio Rank
56
Price/Sales
2.75
Price/Sales Rank(?)
34
Market/Book
8.35
Market/Book Rank(?)
14
Beta
1.76
Beta Rank
15
Alpha
-0.06
Alpha Rank
51

DOWNLOAD A FREE SAMPLE OF OUR APPLIED MATERIALS (AMAT) REPORT BY CLICKING HERE


 

 

ValuEngine Market Overview

Summary of VE Stock Universe
Stocks Undervalued
50.58%
Stocks Overvalued
49.42%
Stocks Undervalued by 20%
21.17%
Stocks Overvalued by 20%
17.01%

ValuEngine Sector Overview

Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
0.81%
11.31%
32.75%
21.32% overvalued
7.02%
26.69
0.08%
1.04%
5.33%
11.04% overvalued
-2.29%
23.94
0.38%
2.56%
7.31%
10.63% overvalued
-8.14%
17.83
1.90%
13.73%
13.11%
10.05% overvalued
-34.06%
24.18
-0.20%
5.12%
9.26%
9.74% overvalued
-10.67%
20.02
0.50%
0.30%
7.31%
8.08% overvalued
-3.92%
23.16
0.20%
1.66%
7.77%
2.95% overvalued
-10.94%
22.34
0.72%
4.37%
0.93%
2.02% overvalued
-5.42%
20.95
0.47%
4.67%
19.96%
0.55% overvalued
-4.67%
21.61
0.37%
2.06%
7.46%
0.36% overvalued
-8.58%
27.35
0.09%
3.57%
1.76%
0.43% undervalued
-5.89%
15.99
-0.28%
2.02%
4.20%
3.11% undervalued
-9.38%
25.24
-0.10%
1.47%
1.79%
4.19% undervalued
-15.10%
22.73
0.01%
2.05%
3.83%
4.80% undervalued
-14.59%
12.58
0.59%
5.22%
6.14%
6.44% undervalued
-27.02%
13.85
-0.20%
6.69%
-1.74%
7.32% undervalued
-18.89%
27.04

 

ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day. 
Visit www.ValuEngine.com for more information

 

 
 
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