According to our valuation model, stocks have not been this undervalued since November, 2011. At that time, the SP500 was around 1200.
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.
Gilead Sciences remains the overall leader and the only STRONG BUY stock in this list. We seen a bit a re-shuffling in the order as well as three new members of our top-ten since the last time we presented the top NASDAQ picks at the end of December
|
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Retrn |
1-M Forecast Retn |
1-Yr Forecast Retn |
P/E Ratio |
Sector |
|
GILEAD SCIENCES |
87.25 |
-17.69% |
-9.96% |
1.08% |
13.00% |
7.02 |
Medical |
|
|
BROADCOM LTD |
119.71 |
-20.92% |
17.09% |
0.95% |
11.39% |
14.18 |
Computer and Technology |
|
|
AMER AIRLINES |
36.19 |
-23.32% |
-22.22% |
0.89% |
10.62% |
4.04 |
Transportation |
|
|
MYLAN NV |
50.74 |
-17.00% |
-4.26% |
0.86% |
10.36% |
11.53 |
Medical |
|
|
LAM RESEARCH |
65.58 |
-20.50% |
-15.58% |
0.63% |
7.61% |
10.59 |
Computer and Technology |
|
|
AMGEN INC |
143.16 |
-20.64% |
-4.57% |
0.61% |
7.27% |
13.77 |
Medical |
|
|
CISCO SYSTEMS |
22.65 |
-18.37% |
-16.48% |
0.53% |
6.40% |
11.10 |
Computer and Technology |
|
|
CA INC |
27.57 |
1.78% |
-13.70% |
0.53% |
6.32% |
12.20 |
Computer and Technology |
|
|
INTEL CORP |
28.81 |
-2.26% |
-12.51% |
0.52% |
6.24% |
12.29 |
Computer and Technology |
|
|
APPLE INC |
94.99 |
-20.63% |
-20.66% |
0.51% |
6.07% |
10.20 |
Computer and Technology |
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 Broadcom LTD (AVGO):
Broadcom Limited is a diversified global semiconductor leader built on 50 years of innovation, collaboration and engineering excellence. Broadcom’s extensive product portfolio serves multiple applications within four primary end markets: wired infrastructure, wireless communications, enterprise storage and industrial & others.
Recommendation: We continue with a BUY recommendation on BROADCOM LTD for 2016-02-09. Based on the information we have gathered and our resulting research, we feel that BROADCOM LTD has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Sharpe Ratio and Company Size.
|
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% |
ValuEngine Market Overview
|
Summary of VE Stock Universe |
|
|
Stocks Undervalued |
80.53% |
|
Stocks Overvalued |
19.47% |
|
Stocks Undervalued by 20% |
46.54% |
|
Stocks Overvalued by 20% |
5.97% |
ValuEngine Sector Overview
|
Sector |
Change |
MTD |
YTD |
Valuation |
Last 12-MReturn |
P/E Ratio |
|
Utilities |
-1.03% |
-3.55% |
-5.46% |
2.26% undervalued |
-7.72% |
21.55 |
|
Consumer Staples |
-0.40% |
-3.11% |
-5.53% |
2.67% undervalued |
-6.01% |
22.22 |
|
Multi-Sector Conglomerates |
-0.49% |
-3.16% |
-10.39% |
11.61% undervalued |
-18.07% |
15.02 |
|
Aerospace |
-0.53% |
-4.24% |
-12.16% |
12.96% undervalued |
-18.68% |
19.05 |
|
Industrial Products |
-0.72% |
-3.20% |
-9.86% |
13.63% undervalued |
-19.11% |
16.34 |
|
Business Services |
-0.82% |
-6.39% |
-11.27% |
14.21% undervalued |
-16.17% |
21.02 |
|
Finance |
-0.72% |
-4.21% |
-10.45% |
15.48% undervalued |
-11.66% |
14.66 |
|
Basic Materials |
-1.68% |
0.51% |
-7.28% |
16.13% undervalued |
-25.84% |
22.22 |
|
Computer and Technology |
-1.21% |
-5.69% |
-9.56% |
16.58% undervalued |
-14.41% |
24.88 |
|
Transportation |
-0.98% |
-2.59% |
-10.59% |
19.71% undervalued |
-33.17% |
11.39 |
|
Consumer Discretionary |
-1.36% |
-4.50% |
-10.24% |
20.26% undervalued |
-15.49% |
22.25 |
|
Construction |
-0.63% |
-5.13% |
-12.37% |
22.45% undervalued |
-18.43% |
17.54 |
|
Retail-Wholesale |
-0.79% |
-4.55% |
-10.75% |
22.67% undervalued |
-19.27% |
21.35 |
|
Medical |
-0.63% |
-6.66% |
-17.30% |
24.50% undervalued |
-22.50% |
25.13 |
|
Oils-Energy |
-4.01% |
-10.15% |
-17.00% |
26.03% undervalued |
-45.87% |
19.59 |
|
Auto-Tires-Trucks |
-0.91% |
-5.44% |
-13.16% |
27.22% undervalued |
-26.94% |
10.38 |
Valuation Watch: Overvalued stocks now make up 19.47% of our stocks assigned a valuation and 5.97% of those equities are calculated to be overvalued by 20% or more. Zero sectors are calculated to be overvalued.
Comments
Log in or sign up to join the conversation.