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Bobbing for Apple, Amazon and Google Shares

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

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, 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, 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.
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AMZN $659.09 0.00%
AAPL $93.24 0.00%
GOOG $701.43 0.00%
FB $117.81 0.00%
TSLA $211.53 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

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