3 Stocks for a Market Crash
They are: The Ultimate Software Group (ULTI), LinkedIn Corporation (LNKD), and Loral Space & Communications (LORL).
Why these 3 stocks? They are all in Tech, which typically drops hard during a risk-off situation like today's -50 point bloodbath in the Nasdaq.
Secondly, they are all severely over-valued. All three have a P/E >50 and a Forward P/E >50. Shares could literally be cut in half and valuations would still be suspect.
And lastly, LNKD and ULTI are trading +100% above their 52 week low. LORL is trading at 70% above its 52 week low.
Mastery Bottom Line
We don't know if a market crash is coming. However, recent market conditions have been less than stellar.
Keep these stocks on your radar as potential trades on the short side if we roll-over here.
Ultimate Software Group Inc (ULTI)
Over the past 12 months Ultimate Software Group Inc (ULTI) shares have traded between $49.08 and its 52-week high of $106.40. Ultimate Software Group Inc shares are now trading with a P/E Ratio of 419.8 and EPS of 0.24.
Over the past 12 months LinkedIn (LNKD) shares have traded between $55.98 and its 52-week high of $125.50. LinkedIn Corp shares are now trading with a P/E Ratio of 1008.7 and EPS of 0.12.
Loral Space and Communications (LORL)
Over the past 12 months Loral Space and Communications Inc (LORL) shares have traded between $51.90 and its 52-week high of $82.48. Loral Space and Communications Inc shares are now trading with a P/E Ratio of 175.9 and EPS of 0.85.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Facebook To Join S&P 500, S&P 100 | ZeroHedge
- Banks Outperform the Market With Regional Banks Pulling Ahead | Financial Sense
- New Long | iBankCoin.com
- US Stocks Slammed; Retrace Payroll Gains | ZeroHedge
- ECB Admits Sovereign Bonds Are Not Riskless | ZeroHedge
- Some Stunning Perspective: China Money Creation Blows US And Japan Out Of The Water | ZeroHedge
- CFTC Cancels Volcker Rule Meeting Due To "Inclement Weather" | ZeroHedge
The most relevant financial news and articles from the Internets
- How Fox News Reporter Jana Winter's Life Was Turned Upside Down —... | Business Insider
- Currency Geeks Rejoice, Russia Has A New Symbol For The Rouble | Business Insider
- Notable 52-Week... | StreetInsider.com
- The 22 Best Tech Companies To Work For, According To Employees | Business Insider
- RANKED: The Ivy League Schools From Hot To Not | Business Insider
- Three Tweets Show Why The GOP... | Business Insider
- Amy Poehler Thinks We're All Too Obsessed With Selfies And 'Capturing The... | Business Insider