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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SOX Stocks Trading Above $10

Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: Price at which to enter a GTC limit order to sell on strength.

Here are my buy-and-trade strategies for the five stocks with buy ratings: Analog Devices (ADI) ($47.74) set a multi-year high at $50.00 on Aug. 1 then declined to $45.75 on Aug. 28 and is below its 50-day SMA at $48.13. My quarterly value level is $41.51 with a weekly pivot at $47.39 and monthly risky level at $49.56.

Marvell Technology (MRVL) ($12.00) set a 2013 high at $13.51 on Aug.14 and is now below its 50-day SMA at $12.48. My quarterly value level is $8.74 with an annual pivot at $12.38 and weekly risky level at $13.16.

SanDisk (SNDK) ($60.10) set a multi-year high at $63.97 on July 22 then traded as low as $53.09 on July 30, and is now above its 50-day SMA at $58.21. My quarterly value level is $56.22 with a weekly pivot at $59.10 and monthly risky level at $66.14.

Teradyne (TER) ($16.55) set a multi-year high at $18.73 on July 11 and then traded as low as $15.22 on Aug. 30, and is now between its 50-day and 200-day SMAs at $16.36 and $16.66. My quarterly value level is $15.88 with a monthly pivot at $16.60 and semiannual risky level at $21.82.

Xilinx (XLNX) ($46.72) set a multi-year high at $48.12 on Sept. 17 and is above its 50-day SMA at $45.64. My monthly value level is $44.95 with a weekly pivot at $45.30 and no risky level. The ValuEngine one-year price target is $48.77.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.
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