5 Undervalued Tech Stocks

Morningstar analyst Grady Burkett considers Apple and Oracle to be amongst the most undervalued tech names in the world

Alanna Petroff 3 January, 2013 | 3:48PM
Facebook Twitter LinkedIn

Technology is one of the most undervalued equity sectors in the world right now, according to Morningstar's latest valuation estimates.

Specifically, the technology and energy sectors are presenting the best value for investors, according to Heather Brilliant, the vice president of Morningstar's global equity and credit research.

"[The] technology sector [is] particularly undervalued, at 86% of fair value. Several large-cap technology companies have seen their stocks fall materially in recent quarters, from Apple (AAPL) to Hewlett-Packard (HPQ)," stated Brilliant in the latest Morningstar "Market Outlook" report for Q1 2013. 

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Apple Inc145.86 USD0.15Rating
Applied Materials Inc139.93 USD1.77Rating
Check Point Software Technologies Ltd127.10 USD1.13Rating
HP Inc28.87 USD0.31Rating
Intel Corp53.72 USD0.04Rating
Microsoft Corp284.91 USD-0.55Rating
Oracle Corp87.14 USD-0.56Rating

About Author

Alanna Petroff

Alanna Petroff  is a financial journalist with Morningstar UK.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement