Back on June 6, three of the nine stocks had buy ratings, and six had hold ratings. Today there are two buy-rated stocks, four hold-rated names, and three sell-rated stocks. The sell-rated names are indications that these stocks have moved too high, too fast. Having a sell rating is not a recommendation to go short, but is a signal to take profits.
All nine stocks are above their 200-day simple moving averages, reflecting the risk of reversion to the mean.
My proprietary analytics requires nine years of price data, which explains why many of these stocks do not have risky levels.
Reading the TableOV/UN Valued: The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage. 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 over the last 12 months. Forecast One-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: the price at which to enter a good-'til-canceled limit order to buy on weakness. 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: the price at which to enter a GTC Limit Order to sell on strength. OpenTable (OPEN) ($66.50) is up just 3.2% since June 6, maintaining a hold rating. The company provides Web site software for making restaurant reservations online. OpenTable reported second-quarter earnings on Aug. 1 and beat estimates. My weekly value level is $63.82 with a semiannual risky level at $69.33.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV