NEW YORK ( TheStreet) -- The tidal wave of earnings reports continues, and today I profile 13 companies that report quarterly results Thursday. Among them, four have buy ratings and nine have hold ratings, and only one is a Dow component.
To review my buy-and-trade strategies for the stocks reporting today, read Boeing, Caterpillar, Facebook Earnings Ahead.
Before I provide my buy-and-trade data for tomorrow's key earnings, let's take a look at how the 10 companies that reported Tuesday performed after releasing their earnings reports. These are the stocks I profiled on in Undervalued Apple Reports Earnings Tuesday.
Apple (AAPL) ($418.99) beat EPS estimates by 16 cents earning $7.47 per share. Apple traded as high as $439.32, which is not a surprise as the stock has a buy rating. My weekly value level is $404.95 with my annual pivot at $421.05 and annual risky level at $510.64.Broadcom (BRCM) ($31.83) missed EPS estimates by 2 cents earning 47 cents a share. This buy rated stock traded down to a new 2013 low at $30.05 in the afterhours. My annual pivots are $30.97 and $32.91. Discover Financial (DFS) ($50.71) beat EPS estimates by 4 cents earning $1.20 a share. My semiannual value level is $48.93 with a weekly pivot at $50.00. Freeport McMoRan (FCX) ($29.99) beat EPS estimates by 8 cents earning 49 cents a share. The stock ended the session above its 50-day SMA at $29.56 with the 200-day SMA at $33.47. Nabors Industries (NBR) ($15.29) missed EPS estimates by a penny earning 8 cents a share. My weekly value level is $14.89 with my annual risky level at $18.49. Panera Bread (PNRA) ($182.01) missed EPS estimates by 3 cents earning $1.74 a share. The buy rated stock traded down to its 200-day SMA at $171.36 in afterhours trading. My annual value level is $145.66 with my semiannual pivot at $179.90 and quarterly risky level at $188.25. (T) ($35.81) missed EPS estimates by a penny earning 67 cents a share. My weekly value level for this buy rated stock is $34.25 with a quarterly pivot at $36.27 and semiannual risky level at $38.14.
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