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11 Tech Stocks To Unplug

Apple may lead but not all can follow

   

IT information technology 185 Flickr 11 Tech Stocks To UnplugThe technology and IT sector has been on a tear so far in 2012. The tech-heavy Nasdaq is up 15% year-to-date, triple the 5% for the more conventional Dow Jones Industrial Average. High fliers like Apple (NASDSAQ:AAPL), with a 50% gain since January 1, have added even more than that.

But don’t think all tech stocks are a buy. Some of these companies are seeing big headwinds right now and investors should unplug ASAP.

I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, 11 IT look ripe to sell.

Each one of these 11 tech stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”

Ericsson (NASDAQ:ERIC) is a Swedish communications technology company that leads off the list. In the last year, ERIC stock has dipped 24%, compared to a gain of 6% for the Dow Jones in the same time. Ericsson stock gets an “F” grade for sales growth, a “D” grade for earnings growth, an “F” grade for earnings momentum, an “F” grade for its ability to exceed the consensus earnings estimates on Wall Street, and an “A” grade for the magnitude in which earnings projections have increased over the past months. For more information, view my complete analysis of ERIC stock.

Juniper Networks (NYSE:JNPR) designs, develops, and sells products and services related to network infrastructure. Since last April, JNPR stock is down 42%. Juniper stock gets an “F” grade for sales growth, a “D” grade for operating margin growth, a “D” grade for earnings momentum, a “D” grade for earnings growth, a “D” grade for its ability to exceed the consensus earnings estimates on Wall Street, an “F” grade for the magnitude in which earnings projections have increased over the past months, and a “D” grade for return on equity. For more information, view my complete analysis of JNPR stock.

Nokia (NYSE:NOK) is a technology company that was previously best known for its line of mobile phones. In the last 12 months, NOK stock has fallen 52%. Nokia stock gets an “F” grade for sales growth, an “F” grade for operating margin growth, an “F” grade for earnings momentum, an “F” grade for earnings growth, an “F” grade for the magnitude in which earnings projections have increased over the past months, an “F” grade for cash flow, and a “D” grade for return on equity. For more information, view my complete analysis of NOK stock.

Hewlett-Packard (NYSE:HPQ) provides products, technologies, software, solutions and services to a variety of customers. HPQ has dropped 39% since last April. Hewlett Packard stock gets an “F” grade for sales growth, a “D” grade for operating margin growth, a “D” grade for earnings momentum and a “D” grade for earnings growth. For more information, view my complete analysis of HPQ stock.

Corning  (NYSE:GLW) is known best for developing Corning Lotus Glass, an environmentally friendly, display glass. GLW is down 28% in the last 12 months. Corning stock gets a “D” grade for operating margin growth, a “D” grade for earnings growth, a “D” grade for earnings momentum, and an “F” grade for the magnitude in which earnings projections have increased over the past months. For more information, view my complete analysis of GLW stock.

Kyocera (NYSE:KYO) works with companies in the information and communications market and environment and energy market worldwide. In the last year, Kyocera stock has dropped 9%, compared to gains by the broader markets. KYO stock gets a “D” grade for earnings momentum and a “D” grade for the magnitude in which earnings projections have increased over the past months. For more information, view my complete analysis of KYO stock.

Wipro (NYSE:WIT) is a global information technology (IT) services company that has posted a significant 27% in the last year. Wipro stock gets an “F” grade for sales growth, a “D” grade for operating margin growth, and a “D” grade for earnings growth. For more information, view my complete analysis of WIT stock.

Xerox (NYSE:XRX) is known for providing information technology outsourcing support, document technology and solutions. Since last April, XRX stock has dipped 26%. Xerox stock gets a “D” grade for sales growth, a “D” grade for earnings momentum and a “D” grade for the magnitude in which earnings projections have increased over the past months. For more information, view my complete analysis of XRX stock.

Altera (NASDAQ:ALTR) is a global semiconductor company that has experienced a stock loss of 8% in the last year. Altera stock gets an “F” grade for sales growth, a “D” grade for earnings growth, a “D” grade for earnings momentum and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of ALTR stock.

Applied Materials (NASDAQ:AMAT) provides products for companies in the global semiconductor, flat panel display, solar photovoltaic and related industries. AMAT is down 20% since this time last year. AMAT stock gets an “F” grade for sales growth, an “F” grade for earnings growth and an “F” grade for earnings momentum. For more information, view my complete analysis of AMAT stock.

Texas Instruments (NASDAQ:TXN) is a semiconductor company that is perhaps best known for its lines of calculators. In the last year, Texas Instruments is down a modest 5%. TXN stock gets a “D” grade for sales growth, a “D” grade for operating margin growth, a “D” grade for earnings momentum, a “D” grade for earnings growth and an “F” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of TXN stock.

Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.

 


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/11-tech-stocks-to-unplug-eric-jnpr-nok-hpq-glw-kyo/.

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