LYV - Technology And Communication Dashboard - Update
This article series provides a monthly dashboard of industries classified by sectors. It compares valuation and quality factors relative to their historical averages in each industry.
Executive summary
Wireless telecom is the most attractive industry in these 2 sectors regarding our metrics. It is better than historical averages in valuation and in profitability. Communication equipment and computer/peripherals are close to fair price and above the profitability baseline. Electronic equipment is moderately overpriced. Other industries are significantly overvalued. Diversified telecom looks very overpriced, but it is above the profitability baseline. Software and entertainment look bad