Nasdaq 100 Watch List

Below are the Nasdaq 100 companies that are within 20% of the 52-week low. This list is strictly for the purpose of researching whether or not the companies have viable business models or are about to go out of business. These companies are deemed highly speculative unless otherwise noted (view all here.)
Symbol Name Trade P/E EPS (ttm) Yield P/B Pct from Yr Low
First Solar
105.56
14.02
7.53
N/A
3.26
6.94%
Electronic Arts
16.58
N/A
-2.31
N/A
2.08
12.41%
QUALCOMM
36.7293
29.48
1.246
1.80%
2.91
12.53%
Apollo Grp
59.98
14.43
4.16
N/A
6.37
13.62%
Activision
10.645
123.78
0.086
1.40%
1.26
14.96%
Pharm. Prod.
21.02
15.67
1.34
2.80%
1.87
16.97%
Gilead
47.60
16.87
2.82
N/A
6.56
17.18%
Stericycle
55.28
27.30
2.03
N/A
5.60
20.28%
Watch List Summary

Over the last week, First Solar (FSLR) and Qualcomm (QCOM) had the worst performance. First Solar (FSLR) fell nearly 14% intra-week by Thursday but managed to recover losing only 7% for the week. Qualcomm (QCOM), on the other hand, fell consistently throughout the week and closed at the low for the week. As I ran my stock screeners, looking for quality dividend achieving stocks, Qualcomm (QCOM) kept coming up with the highest return on equity (ROE), return on assets (ROA) and lowest debt. The odd thing is that QCOM isn't even a Dividend Achiever. From a qualitative standpoint, QCOM seems to come up as a solid company with a "wide moat" according to Morningstar. If I were to invest in any stocks at this time Qualcomm (QCOM) and Monsanto (MON) are at the top of my list.

As if to awaken from the dead, Apollo Group (APOL) was the leading gainer for the week by rising slightly above 4%. Apollo Group (APOL) was the leader among stocks that were on the Nasdaq 100 Watch List from the previous week. Provided the stock market can hold up, Apollo Group (APOL) might have a chance at a temporary rebound in the price after having been at the low for so long. Also able to scratch out a gain this week was Stericycle (SRCL) which was up over 1.5%.
Again, Qualcomm (QCOM) and (MON) are my two favorite stocks to start some research on and possibly acquire despite the coming stock market and global economic collapse that is forecasted because of the Spain/Greece/England/Euro implosion. Also, don't forget the U.S. debt and dollar crisis to come. With all of these calamities on the horizon, I would highly recommend factoring in, at least, a 50% lose on any new investments from the current level (a strategy explained in our article "A Simple Way to Avoid Losing Money in Stocks".)
-Touc

2 responses to “Nasdaq 100 Watch List

  1. QCOM brings back some memories. It was a huge winner for me during the late 90's. I sold some of my holdings way too early and hung on way too long with the rest but still made several hundred percent overall. I think it is still a great company, but I am not sure how much growth it has ahead of it.

    I like MON a lot, and am debating on whether or not to pull the trigger on a pilot position. They are getting hit hard on their Roundup business short term but have a bunch of new products in the pipeline.

  2. Dividend Inc. Team

    Greetings Jeff P,

    Thanks for posting your comments to our site.

    Personally, I have always had a level of reticence towards technology stocks. In the boom from '95 to the present, I never went along for the ride. However, most of the Nasdaq companies actually have earnings that are sustainable and a are leaning towards paying dividends. My only reason for having an interest in QCOM is that it kept coming up on the Morningstar screeners.

    Also, I took the bait on MON and bought on Friday near the close. After watching our speculative observation of MON (http://www.newlowobserver.com/2009/10/speculative-observation-monsanto-mon.html)
    go from $68 to our sell recommendation at $83 (http://www.newlowobserver.com/2009/12/sell-monsanto-mon-at-market.html)
    in a month made it necessary to look a MON in greater detail. That is where we started digging deeper into the merits of the company.

    We're expecting at least a 20% decline in MON. If this takes place then we'll implement the second phase of our purchasing strategy.

    Thanks again for following our site Jeff. Best of luck on your investments.

    -Touc