Wednesday, December 4, 2013

AAPL IBM Among 44 Technology Stocks to Sell Right Away

Best Value Companies To Own In Right Now

Facebook Logo Twitter Logo RSS Logo Louis Navellier Popular Posts: MSFT – Microsoft’s Boom More Than Just Ballmer StorylineT – Now is the Time to Hang Up on AT&T StockKO – The Fizz Is Out of Coca-Cola Stock: Time to Sell Recent Posts: Expect a Market Rally From Thanksgiving to January AAPL IBM Among 44 Technology Stocks to Sell Right Away ORCL – Oracle’s Problems Signal a Sell View All Posts

This may be a short trading week on Wall Street (the markets are closed on Thanksgiving Thursday and close at 1 p.m. EST on Friday), but that didn’t stop the NASDAQ from breaking through 4,000 for the first time in 13 years. The fact is that this was a big day for tech stocks.

Shares of tech behemoths Apple (AAPL) and Google (GOOG) trended higher. Google Chairman Eric Schmidt announced today that the company has tightened security measures at its data centers. Meanwhile, Apple shares climbed in the wake of the company’s buyout of PrimeSense, a motion sensor company that helped develop Microsoft’s (MSFT) Kinect. It appears that while Google is empowering users to hide their movements on the internet, Apple Inc. is buying technology that watches users move. When you plug both stocks in my Portfolio Grader screening tool, GOOG is a C-rated hold while AAPL is a D-rated sell.

China’s Qihoo 360 Technology (QIHU) also made headlines today after its third-quarter earnings announcement. Net income more than tripled to $44.5 million, and revenues more than doubled to $187.9 million. Adjusted EPS beat the consensus estimate by $0.10, or 27%. Even so, shares fell after Stifel Research (SF) downgraded the stock to hold (despite the fact that Morgan Stanley raised its target price for QIHU to $95.30). As for me, I’m with Morgan Stanley (MS)  on this and consider .

When it comes to the tech sector, there are new developments by the minute. Processing power effectively doubles every few years and every year brings a slew of new startups, apps, software and hardware to replace last year’s innovations. With stakes these high, it’s no wonder that tech stocks are among the fastest to get upgraded (and downgraded) in my screening tool.

So today I’ve compiled up a fresh list of technology stocks that you’ll want to avoid in the coming weeks. These 44 companies may be innovators in their respective fields, but when it comes to keeping shareholders happy, they’re lacking. Take a moment to review the list and note whether you currently hold any of these stocks. If you do, you may want to find a good time to exit your position.

 

Symbol Company Name Market Cap (Billions) Quantitative Grade Fundamental Grade Total Grade
AAPL Apple Inc. $467.4 D B D
ACN Accenture Plc $49.5 D C D
AKAM Akamai Technologies, Inc. $7.9 D B D
ALTR Altera Corporation $10.4 F C D
AMX America Movil SAB de CV Class L $83.7 F B D
ARMH ARM Holdings plc $22.5 D C D
BCE BCE Inc. $34.4 D C D
BRCM Broadcom Corporation $15.0 F C F
CAJ Canon Inc. $37.0 F C D
CCI Crown Castle International Corp. $21.7 D C D
CHA China Telecom Corp. Ltd. Class H $43.2 F B D
CHL China Mobile Limited $210.1 F B D
CHT Chunghwa Telecom Co., Ltd $23.9 F B D
CSCO Cisco Systems, Inc. $114.8 D C D
CTL CenturyLink, Inc. $18.2 F D F
CTXS Citrix Systems, Inc. $11.0 F C D
EBAY eBay Inc. $65.1 F B D
EMC EMC Corporation $49.6 F C F
EQIX Equinix, Inc. $8.0 F C D
FFIV F5 Networks, Inc. $6.5 F C D
IBM International Business Machines Corporation $196.9 F C D
JNPR Juniper Networks, Inc. $10.4 D B D
KT KT Corporation $7.6 F D F
LLTC Linear Technology Corporation $9.9 D C D
LPL LG Display Co., Ltd $8.0 F C F
MXIM Maxim Integrated Products, Inc. $8.0 F C F
NUAN Nuance Communications, Inc. $5.1 F D D
NVDA NVIDIA Corporation $8.6 D C D
ORCL Oracle Corporation $159.1 F B D
PHI Philippine Long Distance Telephone Co. $13.3 F C D
QCOM QUALCOMM Incorporated $122.9 D B D
RAX Rackspace Hosting, Inc. $5.4 F D F
RHT Red Hat, Inc. $8.9 F B D
SAP SAP AG $98.1 F B D
SNPS Synopsys, Inc. $5.6 D C D
STM STMicroelectronics NV $7.0 D C D
T AT&T Inc. $187.0 F C D
TDC Teradata Corporation $7.4 F C F
TI Telecom Italia S.p.A. $17.8 D D D
TKC Turkcell Iletisim Hizmetleri A.S. $13.4 D C D
TLK PT Telekomunikasi Indonesia (Persero) Tbk $18.0 F C D
TSM Taiwan Semiconductor Manufacturing Co., Ltd. $88.8 D C D
VIV Telefonica Brasil S.A. Pfd $14.5 F C D
VMW Vmware, Inc. $35.0 F B D

 

 

 

 

 

 

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