NEW YORK (TheStreet) -- Semiconductors have been a leadership industry within the computer and technology sector. The PHLX Semiconductor Sector Index
Today's table shows the 26 of the 30 components of the semiconductor index that trade above $10 a share. The reason I separated them from the four trading below $10 a share it that many equity money managers cannot buy stocks that are trading below $10 a share.
Five stocks are rated buy according to ValuEngine with one rated sell and thus 20 are rated hold. The sell rated stock in the SOX is Micron Tech (MU) who report quarterly results on Thursday.Performance over the last 12 months shows that only one declined (Broadcom) and that 16 gained more than 20% over the last 12 months. The projected performances over the next 12 months range from a loss of 7.4% to a gain of 6.1%. The 12 month trailing price-to-earnings ratios are elevated with 19 stocks having a P/E above 15.0.
Reading the TableOV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine. VE Rating: A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy. 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 in the table are projected to move higher by that percentage over the next 12 months.
Select the service that is right for you!COMPARE ALL SERVICES
- $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
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV