This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dollar Tree, Gap, Big Lots Earnings Lead Buy Rated Retailers

NEW YORK ( TheStreet) -- Today I preview ten companies in the retail wholesale sector who report quarterly results Thursday and premarket Friday. All 10 have buy ratings according to ValuEngine. The retail wholesale sector is 24.9% overvalued, but with more than 70% of all stocks in the sector rated buy, it's a sector that continues to have an overweight rating.

Most of the retailers previewed today are in the malls around the country, and cater to folks of all ages for their casual apparel needs; from infants to preteens, teenagers and young adults. A few of these stores compete against each other. Once consumers buy the clothing and footwear of their choice, they can turn to a closeout retailer of merchandise and toys, and check out video and entertainment software. With any money left in their pockets they can also visit a discount variety store before ending their shopping spree.

This morning the ValuEngine valuation warning continues with 75.8% of all stocks overvalued 43.2% by 20% or more. 15 of 16 sectors are overvalued, 12 by double-digit percentages, seven by more than 20%.
[Read: <a target="blank" data-add-tracking="true" href=""><em>Apple TV and the NFL: The 50-Yard Scamper for Cash</em></a>]

Technically, the major equity averages straddle their five-week modified moving averages are 15,306 Dow Industrials, 1666.8 S&P 500, 3573 Nasdaq, 6426 Dow transports and 1026.03 Russell 2000 with the 12x3x3 weekly slow stochastic readings mixed versus the overall overbought threshold of an 80.00 reading. It appears that it will take a week or two to either confirm or deny the early-August highs as cycle highs.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ANN $44.89 0.00%
ANF $26.53 -2.50%
ARO $0.03 -18.06%
BKE $28.80 -0.38%
BIG $46.02 -0.90%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs