Last 12-Month Return (%): Stocks with a red number declined by that percentage over the last 12 months. Stocks with a black number increased by that percentage.
Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number are projected to move higher by that percentage over the next 12 months.
Analysis of the Philadelphia Semiconductor Index
Looking at the overvalued/undervalued data, 17 members of SOX are undervalued and eight are overvalued. Only three stocks in the SOX are Buy rated, and these are the semiconductor stocks I will focus on today.
A huge warning for the index this morning is the fact that 11 components have been downgraded this morning to Hold from Buy according to ValuEngine. When you look at the ratings in the table the stocks that were downgraded have their 3-Engine rating highlighted in Red.Seventeen SOX members traded higher over the past 12 months, while eight have declined. Four stocks are projected to decline over the next 12 months, but the best upside potential is for Intel, projected to gain 6.8% over the next 12 months. SOX stocks are not cheap on a P/E basis as thirteen have ratios above 15.0. Here are profiles for the three semiconductor stocks in the SOX that are Buy rated according to ValuEngine. Intel Corp (INTC) ($26.31): Closed above its 200-day simple moving average at $26.10 on Friday. My semiannual value level is $21.14 with a weekly pivot at $26.11 and monthly risky level at $27.97. This stock was added to my ValuTrader Model Portfolio on ValuEngine.com at $24.75 on July 12. Marvel Technology (MRVL) ($11.12): Is a laggard in the SOX trading below its 50-day and 200-day simple moving averages at $11.44 and $13.93. My semi annual value level is $10.02 with monthly and quarterly risky levels at $12.87 and $13.80. This stock was added to my ValuTrader Model Portfolio ValuEngine.comat $11.30 on June 25. Taiwan Semiconductor (TSM) ($14.24): Closes have been above its 200-day simple moving average at $13.86 since July 31. My semiannual and annual value levels are $12.58 and $11.32 with a semiannual pivot at $13.91, and monthly and quarterly risky levels at $15.52 and $15.80.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV