This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

9 Previews: Jungle of Earnings Includes Amazon

Stocks in this article: AMZN XOM PFE BA QCOM UA CVX UPS MRK

NEW YORK ( TheStreet) -- Profiles of nine stocks that report their Q4 quarterly earnings this week, including five Dow components are examined below. These stocks represent a jungle of activity in seven overvalued sectors.

The most important earnings report is Amazon (AMZN - Get Report), an obvious momentum stock with a growth story. Amazon traded to a new all-time high at $284.72 last Friday, Jan 25.

Stocks are approaching dangerous overvalued readings according to www.ValuEngine.com. This morning we show that 62.4% of all stocks are overvalued, and as I explained on Jan. 25 in Market Hasn't Peaked a reading of 65% and higher is a warning for the stock market. Only 37.6% are undervalued and only 14.7% of these are undervalued by 20% or more. This reflects limited additional upside for the stock market.

ValuEngine also shows that all 16 sectors are overvalued, nine by double-digit percentages. The seven sectors represented by the stocks profiled here are overvalued: aerospace by 6.8%, computer & technology by 15.7%, consumer discretionary by 9.2%, medical by 16.0%, oils-energy by 6.5%, retail-wholesale by 15.8% and transportation by 24.9%.

Reporting before the open on Tuesday Pfizer (PFE - Get Report) ($26.84) is expected to earn 44 cents per share. PFE has a buy rating and set a new multi-year high at $27.30 on Jan. 24. The daily chart shows a negative divergence in momentum and the weekly chart is positive with the five-week modified moving average at $25.91. The stock has a buy rating and is 30.4% overvalued with a monthly value level at $25.47 and a quarterly pivot at $27.13.

Reporting after the close on Tuesday Amazon (AMZN - Get Report) ($276.04) is expected to earn 29 cents per share. AMZN has a hold rating, is 33.9% overvalued with a ludicrous 12-month trailing price-to-earnings at 776.5, and set a new all-time high at $284.72 on Friday. The daily chart is overbought, as is the weekly chart with the five-week MMA at $262.09. My quarterly value level is $255.75 with a weekly pivot at $275.00 and semiannual risky level at $305.64.

Reporting before the open on Wednesday Boeing (BA - Get Report) ($74.00) is expected to earn $1.19 per share. BA has a buy rating and is below its 52-week high at $78.02 set on Jan 4. The daily chart is negative and the weekly chart shifts to negative with a close this week below the five-week MMA at $74.87. My monthly value level is $68.59 with a weekly pivot at $76.27 and a quarterly risky level at $79.34.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,664.51 -8.09 -0.05%
S&P 500 2,054.29 +2.47 0.12%
NASDAQ 4,762.5570 +4.6780 0.10%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs