S&P 500 Industry Briefing: Information Technology Blue Angels January 26, 2017 Dr. Ed Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-5306 jabbott@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box
Table Of Contents Table Of Contents 3-8 January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
1 Figure 1. S&P 500 INFORMATION TECHNOLOGY INDEX, FORWARD EARNINGS, & VALUATION 1 Information Technology Index Daily: 900 Weekly: 900 x15 500 500 300 300 130 110 Figure 2. S&P 500 APPLICATION SOFTWARE INDEX, FORWARD EARNINGS, & VALUATION Application Software Index Blue Angels implied price index* x40 130 110 90 90 70 x25 70 50 50 30 30 10 10 Page 3 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
240 200 Figure 3. S&P 500 COMMUNICATIONS EQUIPMENT INDEX, FORWARD EARNINGS, & VALUATION Communications Equipment Index Blue Angels implied price index* 240 200 160 x15 160 120 120 80 80 40 40 Figure 4. S&P 500 DATA PROCESSING & OUTSOURCED SERVICES INDEX, FORWARD EARNINGS, & VALUATION 600 Data Processing & Outsourced Services Index x22 600 500 500 x16 400 400 300 300 200 200 Page 4 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
290 Figure 5. S&P 500 ELECTRONIC EQUIPMENT & INSTRUMENTS INDEX, FORWARD EARNINGS, & VALUATION 290 240 Electronic Equipment & Instruments Index 240 190 190 140 x15 140 90 90 40 40 260 Figure 6. S&P 500 ELECTRONIC MANUFACTURING SERVICES INDEX, FORWARD EARNINGS, & VALUATION 260 210 Electronic Manufacturing Services Index x16 210 160 160 x12 110 110 x8 60 60 10 10 Page 5 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
465 415 Figure 7. S&P 500 HOME ENTERTAINMENT SOFTWARE INDEX, FORWARD EARNINGS, & VALUATION x30 465 415 365 315 265 Home Entertainment Software Index 365 315 265 215 215 165 165 115 115 65 65 15 15 750 Figure 8. S&P 500 INTERNET SOFTWARE & SERVICES INDEX, FORWARD EARNINGS, & VALUATION x30 Internet Software & Services Index 750 350 350 150 150 50 50 Page 6 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
325 Figure 9. S&P 500 IT CONSULTING & SERVICES INDEX, FORWARD EARNINGS, & VALUATION 325 275 225 IT Consulting & Services Index 275 225 175 175 125 x30 125 75 75 25 25 0 Figure 10. S&P 500 SEMICONDUCTOR EQUIPMENT INDEX, FORWARD EARNINGS, & VALUATION Semiconductor Equipment Index x18 0 x14 400 400 Page 7 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
950 750 Figure 11. S&P 500 SEMICONDUCTORS INDEX, FORWARD EARNINGS, & VALUATION Semiconductors Index 950 750 x15 350 350 150 150 1 Figure 12. S&P 500 SYSTEMS SOFTWARE INDEX, FORWARD EARNINGS, & VALUATION 1 1 Systems Software Index x18 1 1050 1050 x13 x8 Page 8 / January 26, 2017 / S&P 500 Industry Briefing: Information Technology Blue Angels www.
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