{"id":89648,"date":"2016-05-13T07:18:07","date_gmt":"2016-05-13T11:18:07","guid":{"rendered":"http:\/\/countingpips.com\/?p=89648"},"modified":"2016-05-13T07:18:07","modified_gmt":"2016-05-13T11:18:07","slug":"this-stock-offers-great-value-and-big-upside","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/this-stock-offers-great-value-and-big-upside\/","title":{"rendered":"This Stock Offers Great Value and Big Upside"},"content":{"rendered":"
May 13, 2016<\/div>
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By WallStreetDaily.com<\/u><\/a> \"CA<\/p>\n

If you\u2019re looking for one of the driving forces of the current bull market, look no further than the tech sector.<\/p>\n

Case in point: The Technology Select Sector SPDR<\/strong> (XLK<\/a>) \u2013 the exchange-traded fund that tracks the S&P 500 Technology Index \u2013 is up a whopping 229% since the start of the bull market.<\/p>\n

But the wheels are wobbling.<\/p>\n

Thanks to big first-quarter earnings misses from Apple Inc.<\/strong> (AAPL<\/a>), Alphabet Inc.<\/strong> (GOOGL<\/a>), and Microsoft Corp.<\/strong> (MSFT<\/a>), the sector has fallen by almost 1% since the start of the year.<\/p>\n

The broader tech-based Nasdaq Composite has declined even further \u2013 down 5% year to date.<\/p>

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This should come as no surprise, as stock valuations have climbed sky-high and investors are taking their growth stock profits on any sign of weakness.<\/p>\n

But as I wrote last week, the \u201csmart money\u201d is betting on value<\/a>.<\/p>\n

And amid the richly valued tech sector, I\u2019ve uncovered an incredible value stock making big moves this year\u2026<\/p>\n

A Cheap Diamond in an Expensive Rough<\/h2>\n

CA Inc.<\/strong> (CA<\/a>) is one of America\u2019s largest software solutions providers. Founded in 1976, the company holds more than 1,050 patents worldwide, with another 950 patents pending.<\/p>\n

Over the last 10 years, the stock has notably lagged the broader tech sector, gaining 35.7% compared to 108% for the S&P 500 Technology Index.<\/p>\n

But this year, shares have risen 6%, versus a meager 0.2% gain for tech stocks.<\/p>\n

As I mentioned earlier, investors are on the hunt for value as stocks climb to historically high prices \u2013 especially in the tech sector.<\/p>\n

And CA is chock full of value.<\/em><\/p>\n