Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

They're b-a-a-a-a-k! High P/E multiples (SEBL, BEAS, CIEN, JNPR, CHKP, MERQ, EXFO, MUSE, RFMD, CCMP). Not all have come back there are still a number of good semis and other techs that have not regained ridiculous multiples but these 'usual suspects' have returned and could provide some more short opportunities. INTC, AMAT, AMCC, SUNW, MSFT, PMCS, ATMI, ATML TQNT still comfortable but the the others are again blimping up.


They have have come back because of the V-shaped rally we had and stocks were moving up a bit too quickly without 'fixing' their problems.

SEBL Trades at a Premium PE Multiple of 86.3 X, vs. the 34.5 X average multiple at which the Software & Services SubIndustry is priced.

BEAS Trades at a Premium PE Multiple of 151.2 X, vs. the 34.5 X average multiple at which the Software & Services SubIndustry is priced.


CIEN Trades at a Premium PE Multiple of 180.6 X, vs. the 24.2 X average multiple at which the Communications Equipment SubIndustry is priced.

CHKP Trades at a 88% Premium PE Multiple of 64.8 X, vs. the 34.5 X average multiple at which the Software & Services S

JNPR Trades at a Premium PE Multiple of 139.9 X, vs. the 31.2 X average multiple at which the Networking SubIndustry is priced.
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INTC Trades at a 44% Discount PE Multiple of 17.0 X, vs. the 30.6 X average multiple at which the Semiconductors SubIndustry is priced.

MERQ Trades at a Premium PE Multiple of 79.0 X, vs. the 34.5 X average multiple at which the Software & Services SubIndustry is priced.

EXFO Trades at a Premium PE Multiple of 94.0 X, vs. the 24.2 X average multiple at which the Communications Equipment SubIndustry is priced.

MUSE Trades at a Premium PE Multiple of 115.0 X, vs. the 34.5 X average multiple at which the Software & Services SubIndustry is priced.

RFMD Trades at a 75% Premium PE Multiple of 42.5 X, vs. the 24.2 X average multiple at which the Communications Equipment SubIndustry is priced.


CCMP Trades at a Premium PE Multiple of 51.2 X, vs. the 15.1 X average multiple at which the Specialty Chemicals SubIndustry is priced.