Equinix (EQIX:NAS) and Lam Research (LRCX:NAS) Are Undervalued

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Undervalued Stocks on NASDAQ

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
GOOG Alphabet Inc 2018 1198.800000 1265.4550 USD 11
GOOGL Alphabet Inc 2018 1213.080000 1265.4550 USD 11
BKNG Booking Holdings Inc 2018 2030.520000 2338.3330 USD 6
AVGO Broadcom Inc 2019 208.310000 316.6667 USD 12
CHTR Charter Communications Inc 2018 302.030000 374.4000 USD 5
EQIX Equinix Inc 2018 438.450000 513.0000 USD 5
LRCX Lam Research Corp 2019 177.240000 258.2857 USD 7
WB Weibo Corp 2018 90.740000 149.0000 USD 2
MELI MercadoLibre Inc 2018 359.800000 425.0000 USD 1
BGNE BeiGene Ltd 2018 164.120000 227.6000 USD 2
SRPT Sarepta Therapeutics Inc 2018 137.300000 182.6667 USD 3
ZBRA Zebra Technologies Corp 2018 148.220000 190.5000 USD 2
SAGE Sage Therapeutics Inc 2018 169.040000 240.5000 USD 2
RGLD Royal Gold Inc 2019 91.180000 136.6552 CAD 2
SINA SINA Corp 2018 84.870000 142.0000 USD 2
COHR Coherent Inc 2019 165.100000 227.6667 USD 3
TREE LendingTree Inc 2018 239.000000 298.1667 USD 6
TSRO Tesaro Inc 2018 40.340000 87.8000 USD 5
GBT Global Blood Therapeutics Inc 2018 41.100000 98.3333 USD 3
AMWD American Woodmark Corp 2019 86.300000 156.0000 USD 1
OSTK Overstock.com Inc 2018 43.050000 103.0000 USD 1
VRTS Virtus Investment Partners Inc 2018 128.550000 174.0000 USD 1
USCR US Concrete Inc 2018 51.300000 95.0000 USD 1
COOL PolarityTE Inc 2019 22.030000 65.0000 USD 1
ALBO Albireo Pharma Inc 2018 33.500000 86.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

EQIX:NAS Equinix

Equinix has 7273 employees and is headquartered in United States.
Equinix Inc is a network-neutral provider of retail data center, co-location, and interconnection services. Its client base includes network services firms, cloud and IT service providers, financial service firms, digital, and media content providers.

LRCX:NAS Lam Research

Lam Research has 9400 employees and is headquartered in United States.
Lam Research Corp functions in the semiconductor industry. It develops and sells semiconductor processing systems that are used in the fabrication of integrated circuits.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.