Cash In on Consumer Devices Stocks

AT&T(T Quote) is rated a hold by ValuEngine and is 28.1% undervalued with fair value at $34.67. The weekly chart profile shows flat momentum, and the stock price is now between its five-week MMA at $24.57 and its 200-week simple moving average at $25.29. A close this week above $25.29 would be a sign of increasing momentum. Long-term investors should consider adding to this position on weakness to my monthly value level at $22.19, or on a weekly close above $25.29. The upside over the near term is to my weekly risky level at $26.59.

Cisco Systems(CSCO Quote) is rated a hold by ValuEngine and is 10.7% undervalued with fair value at $21.01. The weekly chart profile shows rising momentum, with the five-week MMA at $17.70. Long-term investors should consider adding to this position between my monthly pivot at $18.82 and my monthly value level at $18.23. Given recent brokerage upgrades by Citigroup last week and Prudential this morning, shares should have the momentum to trade up to my quarterly risky level at $20.61.

Crown Castle(CCI Quote) is rated a sell by ValuEngine and is 57.7% overvalued, with fair value at $17.83. The weekly chart profile shows rising momentum, with the five-week MMA at $27.04. Long-term investors should consider reducing this position on strength to my quarterly risky level at $29.32, which would be a position size 50% of what it was on Dec. 12. Another way to protect gains would be to place a sell stop below my quarterly pivot at $27.58, a point that would indicate risk to my quarterly value level at $25.67. A higher monthly risky level is at $31.65.

EMC(EMC Quote) is rated a hold by ValuEngine and is 42.6% undervalued, with fair value at $23.92. The weekly chart profile is negative with the five-week MMA at $13.78. Long-term investors should consider adding to this position on weakness to my quarterly value level at $13.22. I expect to see a rebound to my monthly pivot at $14.08 with renewed momentum to my monthly risky level at $14.76.