These six stocks report earnings on Thursday or Friday premarket. The computer and technology company provides the equipment that manufactures semiconductors. The consumer staples retailer makes skin care, fragrances and hair products. The retail-wholesale companies include a fashion specialty retailer, another is a family-oriented apparel, shoes and accessories retailer, one provides off-price apparel targeting consumers between the age of 25 and 54 in middle-to-upper income households, and the fifth is a sit-down chain of family-friendly restaurants featuring gourmet burgers.
The ValuEngine valuation warning continues with 76.3% of all stocks overvalued with 43.2% overvalued by 20% or more. The computer and technology sector is 21.3% overvalued. The consumer staples sector is 18.3% overvalued. And, the retail-wholesale sector is 23% overvalued.
Among the six stocks profiled today, five have buy ratings and one has a hold rating. All six are overvalued, two by more than 20%. Two stocks have traded fractionally higher over the last 12 months. Three have traded higher by 21% to 78.6% higher over the last 12 months. All five stocks are above their 200-day simple moving averages reflecting the risk of a reversion to the mean.
Reading the Table
OV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
VE Rating: A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.
Last 12-Month Return (%): Stocks with a red number declined by that percentage over the last 12 months. Stocks with a black number increased by that percentage.
Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number in the table are projected to move higher by that percentage over the next 12 months.
Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.
Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.
Risky Level: Price at which to enter a GTC limit order to sell on strength.
Red Robin Gourmet Burgers
At the time of publication the author held no positions in any of the stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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