This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Bobbing for Apple, Amazon and Google Shares

Stocks in this article: AAPL AMZN GOOG

NEW YORK ( TheStreet) -- It's a tale of three different profiles for everyone's favorite Mojo stocks Apple (AAPL - Get Report), Amazon.com (AMZN - Get Report) and Google (GOOG).

On Jan. 15, I wrote Mojo Shifting for Apple, Amazon and Google where I profiled these names pre-earnings. Since then, Apple traded to a new 52-week low at $435.00 on Jan. 25, after beating earnings expectations by 37 cents a share reporting $13.81 EPS.

Also on Jan. 25, Amazon.com set a new all-time at $284.72. On Jan. 29 the company missed earnings expectations by 9 cents a share on 21 cents EPS. Amazon traded as high as $288.00 in after-hours trading on Jan. 29, but the high on Jan. 30 was just $284.20.





Google beat earnings expectations by 41 cents a share reporting $9.02 EPS after the close on Jan. 22. The stock closed that day at $702.87 and opened at $735.99 on Jan. 23 and continued to the upside with a new all-time high at $776.60 set on Feb. 1.

Dow Industrials closed above 14,000 Friday with the yield on the U.S. Treasury 30-year bond approaching 3.25%. As a result, 65% of all stocks were overvalued. Because of this fundamental downgrade, www.ValuEngine.com issued a ValuEngine Valuation Warning.

Bobbing for Apple Shares: Apple ($442.32) is bucking the market trend with a buy rating with the stock 23.8% undervalued with fair value at $580.79. Apple has a 12 months forward price-to-earnings ratio of just 9.00. Apple set an all time high at $705.07 on Sept. 21 when ValuEngine had $700.00 as its one-year price target. At the 52-week low of $435.00 set on Jan. 25, the stock was down 38.3% from top to bottom.





Apple is extremely oversold with its 12x3x3 weekly slow stochastic reading is 11.09 on a scale of 00.00 to 100.00 where a reading under 20.00 is oversold. My annual value level is $421.05 with a weekly pivot at $451.89, a semiannual pivot at $470.21 and annual risky level at $510.64.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs