Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

5 Value Stocks In The Technology Sector

Author: Benzinga Insights | January 30, 2024 10:41am

What are Value Stocks?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

Below is a list of notable value stocks in the technology sector:

  1. United Microelectronics (NYSE:UMC) - P/E: 8.88
  2. ClearOne (NASDAQ:CLRO) - P/E: 1.19
  3. Yalla Group (NYSE:YALA) - P/E: 9.2
  4. Avnet (NASDAQ:AVT) - P/E: 5.55
  5. Tower Semiconductor (NASDAQ:TSEM) - P/E: 5.96

United Microelectronics has reported Q3 earnings per share at $0.2, which has decreased by 1.96% compared to Q2, which was 0.2. Its most recent dividend yield is at 2.28%, which has decreased by 3.06% from 5.34% in the previous quarter.

Most recently, ClearOne reported earnings per share at $-0.05, whereas in Q2 earnings per share sat at $-0.04. Yalla Group saw an increase in earnings per share from 0.16 in Q2 to $0.21 now. Most recently, Avnet reported earnings per share at $1.61, whereas in Q4 earnings per share sat at $2.06. Most recently, the company reported a dividend yield of 2.55%, which has increased by 0.04% from last quarter's yield of 2.51%.

Tower Semiconductor's earnings per share for Q3 sits at $0.54, whereas in Q2, they were at 0.46.

The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

Posted In: AVT CLRO TSEM UMC YALA

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist