VALUATION WATCH: Overvalued stocks now make up 34.49% of our stocks assigned a valuation and 10.18% of those equities are calculated to be overvalued by 20% or more. Three sectors are calculated to be overvalued.
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.
The components of this list have changed a bit since the last time we presented the top NASDAQ picks at the beginning of February. Microsoft, CITRIX, and Baidu are new--they replaced AMGN, AAPL, and MYL. Longtime leader Gilead Sciences got bumped from the top spot while Broadcom, LAM Research, and Cisco also fell down the chart. Our new leader is American Airlines. In addition, none of these picks are considered to be a STRONG BUY according to our models.
|
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Retrn |
1-M Forecast Retn |
1-Yr Forecast Retn |
P/E Ratio |
Sector |
2-10-16 Leaders |
|
AAL |
AMER AIRLINES |
41.59 |
-1.71% |
-13.91% |
0.90% |
10.84% |
4.74 |
Transportation |
GILD |
|
GILD |
GILEAD SCIENCES |
88.8 |
-21.02% |
-14.48% |
0.79% |
9.45% |
7.14 |
Medical |
AVGO |
|
AVGO |
BROADCOM LTD |
136.97 |
-9.79% |
6.16% |
0.70% |
8.42% |
16.34 |
Computer and Technology |
AAL |
|
MSFT |
MICROSOFT CORP |
52.95 |
35.98% |
20.67% |
0.65% |
7.74% |
19.59 |
Computer and Technology |
MYL |
|
CTXS |
CITRIX SYS INC |
74.03 |
-11.55% |
16.27% |
0.61% |
7.31% |
19.18 |
Computer and Technology |
LRCX |
|
INTC |
INTEL CORP |
30.54 |
-1.59% |
-10.33% |
0.55% |
6.63% |
12.72 |
Computer and Technology |
AMGN |
|
LRCX |
LAM RESEARCH |
74.55 |
-11.17% |
-11.75% |
0.53% |
6.36% |
12.23 |
Computer and Technology |
CSCO |
|
CA |
CA INC |
29.61 |
8.93% |
-9.84% |
0.53% |
6.33% |
13.10 |
Computer and Technology |
CA |
|
BIDU |
BAIDU INC |
176.94 |
19.84% |
-13.70% |
0.51% |
6.15% |
11.98 |
Computer and Technology |
INTC |
|
CSCO |
CISCO SYSTEMS |
26.9 |
-5.78% |
-10.90% |
0.50% |
6.03% |
12.93 |
Computer and Technology |
AAPL |
Below is today's data on CITRIX (CTXS):
Citrix Systems, Inc. is one of the leading suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. The company's products permit organizations to deploy and manage applications without regard to location, network connection, or type of client hardware platform.
VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on CITRIX SYS INC for 2016-03-02. Based on the information we have gathered and our resulting research, we feel that CITRIX SYS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.
|
ValuEngine Forecast |
||
|
Target |
Expected |
|
|---|---|---|
|
1-Month |
120.85 | 0.95% |
|
3-Month |
121.11 | 1.17% |
|
6-Month |
122.86 | 2.63% |
|
1-Year |
133.34 | 11.39% |
|
2-Year |
124.02 | 3.60% |
|
3-Year |
114.32 | -4.50% |
|
Valuation & Rankings |
|||
|
Valuation |
20.92% undervalued |
Valuation Rank(?) |
 56 |
|
1-M Forecast Return |
0.95% |
1-M Forecast Return Rank |
97 |
|
12-M Return |
17.09% |
Momentum Rank(?) |
90 |
|
Sharpe Ratio |
1.01 |
Sharpe Ratio Rank(?) |
98 |
|
5-Y Avg Annual Return |
30.77% |
5-Y Avg Annual Rtn Rank |
98 |
|
Volatility |
30.54% |
Volatility Rank(?) |
56 |
|
Expected EPS Growth |
14.45% |
EPS Growth Rank(?) |
51 |
|
Market Cap (billions) |
30.69 |
Size Rank |
97 |
|
Trailing P/E Ratio |
14.18 |
Trailing P/E Rank(?) |
70 |
|
Forward P/E Ratio |
12.39 |
Forward P/E Ratio Rank |
56 |
|
PEG Ratio |
0.98 |
PEG Ratio Rank |
39 |
|
Price/Sales |
4.50 |
Price/Sales Rank(?) |
17 |
|
Market/Book |
6.51 |
Market/Book Rank(?) |
15 |
|
Beta |
0.93 |
Beta Rank |
48 |
|
Alpha |
0.29 |
Alpha Rank |
93 |
ValuEngine Market Overview
|
Summary of VE Stock Universe |
|
|
Stocks Undervalued |
65.51% |
|
Stocks Overvalued |
34.49% |
|
Stocks Undervalued by 20% |
29.71% |
|
Stocks Overvalued by 20% |
10.18% |
ValuEngine Sector Overview
|
Sector |
Change |
MTD |
YTD |
Valuation |
Last 12-MReturn |
P/E Ratio |
|
1.76% |
2.91% |
3.48% |
3.76% overvalued |
-5.83% |
23.31 |
|
|
0.57% |
1.65% |
0.17% |
3.51% overvalued |
-2.87% |
23.96 |
|
|
1.44% |
4.35% |
-1.28% |
0.33% overvalued |
-18.75% |
18.99 |
|
|
2.78% |
3.71% |
6.28% |
1.63% undervalued |
-17.38% |
25.02 |
|
|
1.13% |
2.74% |
-2.15% |
2.85% undervalued |
-17.60% |
17.33 |
|
|
0.62% |
2.41% |
1.65% |
3.73% undervalued |
-11.92% |
26.32 |
|
|
0.68% |
2.36% |
-4.67% |
4.63% undervalued |
-15.64% |
19.62 |
|
|
0.37% |
1.71% |
-2.43% |
7.00% undervalued |
-10.21% |
24.46 |
|
|
0.72% |
2.30% |
-5.10% |
7.56% undervalued |
-9.55% |
15.02 |
|
|
0.48% |
2.13% |
-3.47% |
7.97% undervalued |
-13.73% |
21.78 |
|
|
0.54% |
1.66% |
-1.81% |
8.91% undervalued |
-15.01% |
22.27 |
|
|
0.74% |
3.00% |
-1.95% |
12.78% undervalued |
-12.40% |
18.31 |
|
|
1.81% |
4.79% |
-3.47% |
13.96% undervalued |
-23.64% |
11.79 |
|
|
2.96% |
5.07% |
-1.77% |
15.24% undervalued |
-42.51% |
22.32 |
|
|
1.18% |
2.72% |
-11.51% |
15.55% undervalued |
-24.56% |
26.26 |
|
|
0.66% |
2.00% |
-4.23% |
16.59% undervalued |
-27.56% |
12.32 |
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.
Comments
Log in or sign up to join the conversation.