5 Value Stocks In The Technology Sector
Portfolio Pulse from Benzinga Insights
The article identifies five value stocks in the technology sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Arrow Electronics (ARW) has a P/E of 6.52 but experienced a decrease in EPS from $4.37 to $4.14. STMicroelectronics (STM) has a P/E of 9.8, with EPS increasing from $1.06 to $1.16 and a stable dividend yield of 0.49%. FiscalNote Holdings (NOTE) has a P/E of 3.03, with EPS improving from -$0.23 to -$0.11. Vishay Intertechnology (VSH) has a P/E of 9.3, with a decrease in EPS from $0.68 to $0.6 but an increased dividend yield from 1.49% to 1.78%. Immersion (IMMR) has a P/E of 6.05, with a decrease in EPS from $0.28 to $0.12 and an increased dividend yield from 1.67% to 2.68%. These stocks were selected by Benzinga Insights using quantified analysis.
January 09, 2024 | 2:41 pm
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POSITIVE IMPACT
FiscalNote Holdings has a P/E of 3.03, with an improvement in EPS from -$0.23 to -$0.11.
The improvement in EPS could be a positive signal to investors, and the low P/E ratio may indicate the stock is undervalued.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
STMicroelectronics has a P/E of 9.8, with EPS increasing from $1.06 to $1.16 and a stable dividend yield of 0.49%.
The increase in EPS and stable dividend yield are positive signs that could attract investors, potentially driving the stock price up.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Arrow Electronics has a low P/E of 6.52 but saw a decrease in EPS from $4.37 to $4.14.
The low P/E ratio indicates value, but the decrease in EPS could temper investor enthusiasm in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Immersion has a P/E of 6.05, with EPS decreasing from $0.28 to $0.12 but an increased dividend yield from 1.67% to 2.68%.
The significant increase in dividend yield may attract income-focused investors despite the drop in EPS.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Vishay Intertechnology has a P/E of 9.3, with EPS decreasing from $0.68 to $0.6 but an increased dividend yield from 1.49% to 1.78%.
The decrease in EPS is a negative factor, but the increase in dividend yield could offset this and maintain investor interest.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80