5 Value Stocks In The Technology Sector
Portfolio Pulse from Benzinga Insights
Benzinga Insights has identified five value stocks in the technology sector that may be worth watching: Avnet (NASDAQ:AVT), ClearOne (NASDAQ:CLRO), Sonim Technologies (NASDAQ:SONM), Immersion (NASDAQ:IMMR), and United Microelectronics (NYSE:UMC). These companies have low P/E multiples, indicating potential undervaluation. However, the risk with value stocks is that they may not rebound from their undervalued position.
October 17, 2023 | 2:41 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Immersion's earnings per share decreased this quarter, and its dividend yield also decreased by 0.12% from last quarter.
The decrease in both earnings per share and dividend yield suggests a potential decrease in Immersion's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
United Microelectronics's earnings per share decreased this quarter, and its dividend yield also decreased by 3.06% from last quarter.
The decrease in both earnings per share and dividend yield suggests a potential decrease in United Microelectronics's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Avnet's Q4 earnings per share increased by 3.0% compared to Q3, and its dividend yield decreased by 0.22% from the previous quarter.
While Avnet's earnings have increased, the decrease in dividend yield may offset potential gains, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Sonim Technologies's Q2 earnings per share remained unchanged from the previous quarter.
With no change in earnings per share, Sonim Technologies's stock price is likely to remain stable in the short term.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
ClearOne's Q2 earnings per share increased by 55.56% compared to Q1.
The significant increase in ClearOne's earnings per share suggests potential for stock price growth in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100