NEW YORK ( TheStreet) -- Today's buy-and-trade earnings preview covers five companies from the finance sector, two from the medical sector, and one each in the computer and technology, construction, retail-wholesale, transportation and utilities sectors.
The ValuEngine valuation warning continues with 77.5% of all stocks being overvalued, 43.1 by 20% or more. 15 of 16 sectors are overvalued 13 by double-digit percentages, nine by more than 21%.
The finance sector is 19.5% overvalued with an equal-weight rating. 80.9% of the 3061 stocks in this sector have hold ratings.
The medical sector is 21.3% overvalued with an equal-weight rating. 58.5% of the 791 stocks in this sector have hold ratings.
The computer and technology sector is 24.8% overvalued with an overweight rating. Of the 1160 stocks in this sector 47.5% have buy or strong buy ratings.
The construction sector is 14.7% overvalued with an underweight rating. Of the 160 stocks in this sector 56.3% have sell or strong sell ratings.
The retail-wholesale sector is 25.9% overvalued with an overweight rating. Of the 351 stocks in this sector 80.3% have buy or strong buy ratings.
The transportation sector is 24.4% overvalued with an 'avoid-source of funds' rating. Of the 178 stocks in this sector 74.7% have sell or strong sell ratings.
The utilities sector is 9.8% overvalued with an overweight rating. Of the 212 stocks in this sector 90.1% have buy or strong buy ratings.
Three of the 12 stocks in today's table have buy ratings; eight have hold ratings, and one has a sell rating. Two stocks are undervalued by 4.1% and 12.9%, 10 stocks are overvalued by 9.5% to 39.7%. One stock is down 23.9% over the last 12 months, two are up by just 3.5% and 4.1%, eight are up by 18.0% to 46.9% and one is up a mammoth 144.9%. Two stocks are below their 200-day simple moving average with 10 above which reflects the risk of reversion to the mean.
Reading the Table
Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.