Technology companies are usually associated with high valuations. Therefore it is a real surprise when tech companies start trading on valuations that could allow them to be considered as a prospective value investment.
Currently, there are three companies in the tech sector that look appealing to me as value investments, but could it actually be worth investing?
Royce & Associates, a fund managed by Chuck Royce which tends to prefer investing in small-cap and mid-cap companies, has reported that it owns 8.3 million shares of Molex (NASDAQ: MOLX), a $5 billion market cap manufacturer of electronics components. The 13G filed with the SEC has this figure as 10.3% of the total shares outstanding. See more of Royce's stock picks. Our database of 13F filings shows more »
Despite the recent 27% run-up in price since the first trading week of this year, Vishay (NYSE: VSH) shares are still down almost 38% from their late-April 2011 high. As a leading manufacturer and supplier of discrete semiconductors and passive electronic components, VSH and close competitors have experienced most of the negative economic downturn effects to which the industry is prone. Average quarterly revenues during trough periods (Q4 2008 - Q3 more »
While the markets may have been cruel and unforgiving for many investors since 2008, the upshot is a golden opportunity for bargain hunters and value investors alike. The “Great Recession” is technically over, but by no means does that indicate that stocks have returned to their appropriate price levels, and anyone willing to put in the time and effort can sort through the securities haystack to find an underpriced needle more »