5 Value Stocks In The Technology Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the technology sector based on quantified analysis. These include Daqo New Energy (NYSE:DQ), Surgepays (NASDAQ:SURG), TSR (NASDAQ:TSRI), Richardson Electronics (NASDAQ:RELL), and Immersion (NASDAQ:IMMR). The companies have been selected due to their low P/E multiples, indicating they may be undervalued. Recent earnings per share and dividend yield data for each company is also provided.
August 22, 2023 | 2:41 pm
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Daqo New Energy has been identified as a value stock with a P/E of 2.66. Its earnings per share recently reported at $1.75.
The low P/E ratio indicates that the company may be undervalued, which could lead to an increase in its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Immersion has been identified as a value stock with a P/E of 5.5. Its earnings per share for Q2 sits at $0.28.
The low P/E ratio indicates that the company may be undervalued, which could lead to an increase in its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Richardson Electronics has been identified as a value stock with a P/E of 7.57. Its earnings per share decreased from 0.44 in Q3 to $0.11 now.
Despite the decrease in earnings per share, the low P/E ratio indicates that the company may be undervalued, which could lead to an increase in its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Surgepays has been identified as a value stock with a P/E of 6.1. Its earnings per share recently reported at $0.4.
The low P/E ratio indicates that the company may be undervalued, which could lead to an increase in its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
TSR has been identified as a value stock with a P/E of 9.36. Its earnings per share for Q4 sits at $0.22.
The low P/E ratio indicates that the company may be undervalued, which could lead to an increase in its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100