Broadcom LTD Moves Into First Place On Our Nasdaq Top-Ten List

Rating and Ranking the Nasdaq

 

We use our data to track individual stocks, industries, sectors, and indices. For today's bulletin, we present key metrics for the top picks in the Nasdaq 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices.

We have two new companies on our list since the last time we presented the top Nasdaq picks at the beginning of April. Applied Materials (AMAT) and NVidia (NVDA) are new--they replaced MSFT and AMGN. LAM Research (LRCX), NetEase (NTES), Gilead (GILD), Cisco (CSCO), and Intel (INTC) have declined. Citrix (CTXS) has moved into the top-five and Broadcom (BRCM) is our new #1 S&P 500 stock.

Ticker

Company Name

Market Price

Valuation

Last 12-M Retrn

1-M Forecast Retn

1-Yr Forecast Retn

P/E Ratio

Sector

4-7-2016 Leaders

AVGO

BROADCOM LTD

151.53

-0.87%

26.12%

0.93%

11.18%

17.63

Computer and Technology

LRCX

LRCX

LAM RESEARCH

80.97

-10.11%

6.08%

0.91%

10.93%

13.34

Computer and Technology

NTES

NTES

NETEASE INC

133.14

-12.91%

8.02%

0.84%

10.08%

15.11

Computer and Technology

GILD

GILD

GILEAD SCIENCES

100.72

-6.73%

-2.16%

0.83%

9.96%

8.00

Medical

AVGO

CTXS

CITRIX SYS INC

83.9

5.80%

25.32%

0.76%

9.13%

20.07

Computer and Technology

CSCO

AMAT

APPLD MATLS INC

21.42

-1.01%

7.26%

0.59%

7.13%

18.00

Computer and Technology

INTC

NVDA

NVIDIA CORP

37.31

46.80%

68.06%

0.58%

6.95%

28.77

Computer and Technology

CTXS

CSCO

CISCO SYSTEMS

28.64

0.80%

-0.87%

0.57%

6.85%

13.75

Computer and Technology

MSFT

ATVI

ACTIVISION BLZD

34.37

8.05%

44.90%

0.54%

6.50%

28.64

Consumer Discretionary

AMGN

INTC

INTEL CORP

31.75

6.47%

-2.31%

0.54%

6.47%

12.85

Computer and Technology

ATVI

NOTE: New stocks are in BOLD.

Below is today's data on Applied Materials (AMAT):

Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on APPLD MATLS INC for 2016-04-27. Based on the information we have gathered and our resulting research, we feel that APPLD MATLS INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.

You can download a free copy of detailed report on AMAT from the link below.

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

21.55 0.59%

3-Month

21.63 0.98%

6-Month

21.82 1.88%

1-Year

22.95 7.13%

2-Year

22.58 5.40%

3-Year

21.09 -1.56%

 

Valuation & Rankings

Valuation

1.01% undervalued

Valuation Rank(?)

52

1-M Forecast Return

0.59%

1-M Forecast Return Rank

88

12-M Return

7.26%

Momentum Rank(?)

78

Sharpe Ratio

0.21

Sharpe Ratio Rank(?)

73

5-Y Avg Annual Return

6.09%

5-Y Avg Annual Rtn Rank

74

Volatility

29.04%

Volatility Rank(?)

60

Expected EPS Growth

28.57%

EPS Growth Rank(?)

67

Market Cap (billions)

26.32

Size Rank

96

Trailing P/E Ratio

18.00

Trailing P/E Rank(?)

66

Forward P/E Ratio

14.00

Forward P/E Ratio Rank

61

PEG Ratio

0.63

PEG Ratio Rank

56

Price/Sales

2.75

Price/Sales Rank(?)

34

Market/Book

8.35

Market/Book Rank(?)

14

Beta

1.76

Beta Rank

15

Alpha

-0.06

Alpha Rank

51

 

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

50.58%

Stocks Overvalued

49.42%

Stocks Undervalued by 20%

21.17%

Stocks Overvalued by 20%

17.01%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Basic Materials

0.81%

11.31%

32.75%

21.32% overvalued

7.02%

26.69

Consumer Staples

0.08%

1.04%

5.33%

11.04% overvalued

-2.29%

23.94

Multi-Sector Conglomerates

0.38%

2.56%

7.31%

10.63% overvalued

-8.14%

17.83

Oils-Energy

1.90%

13.73%

13.11%

10.05% overvalued

-34.06%

24.18

Industrial Products

-0.20%

5.12%

9.26%

9.74% overvalued

-10.67%

20.02

Utilities

0.50%

0.30%

7.31%

8.08% overvalued

-3.92%

23.16

Business Services

0.20%

1.66%

7.77%

2.95% overvalued

-10.94%

22.34

Aerospace

0.72%

4.37%

0.93%

2.02% overvalued

-5.42%

20.95

Construction

0.47%

4.67%

19.96%

0.55% overvalued

-4.67%

21.61

Computer and Technology

0.37%

2.06%

7.46%

0.36% overvalued

-8.58%

27.35

Finance

0.09%

3.57%

1.76%

0.43% undervalued

-5.89%

15.99

Consumer Discretionary

-0.28%

2.02%

4.20%

3.11% undervalued

-9.38%

25.24

Retail-Wholesale

-0.10%

1.47%

1.79%

4.19% undervalued

-15.10%

22.73

Auto-Tires-Trucks

0.01%

2.05%

3.83%

4.80% undervalued

-14.59%

12.58

Transportation

0.59%

5.22%

6.14%

6.44% undervalued

-27.02%

13.85

Medical

-0.20%

6.69%

-1.74%

7.32% undervalued

-18.89%

27.04

 

 

Disclosure: None.

Disclaimer: ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, ...

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