The companies that made the list aren’t recommendations. As always, you should do your own investigation before purchasing any stock.
I have sorted the list by one-year return, from lowest to highest. Two have declined over the past year, two have tracked the overall market, and three have advanced sharply. I have also included some additional information. First, note that 3 of the 7 have little or no net debt (shaded in green). I also highlighted one stock, Computer Sciences (CSC
), that is perhaps a bit extended. Finally, note that 3 of the 7 trade below their 10-year median PE (shaded in green).
Don't be fooled by the cross-currents in Technology, as many large companies are performing poorly and disguising some underlying strength in the sector. In stark contrast to twelve years ago, Technology stocks are among the least expensive in the market. It is the largest sector in the market and offers some great attributes, including global exposure, growth, strong balance sheets, market dividends higher for many companies and reasonable valuations. The screen today is designed to identify some potential opportunities within the sector that offer a combination of favorable fundamental, valuation and technical characteristics.
Founder, Invest By Model
and AB Analytical ServicesTradeKing All-Star Commentator
Disclosure: Long INTC in models at Invest By Model
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