NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews cover three companies from the multi-sector conglomerates sector, two from the finance sector and one each in the industrial products and oils-energy sectors.
The ValuEngine valuation warning continues with 77.8% of all stocks being overvalued, 44.2% by 20% or more. 15 of 16 sectors are overvalued 13 by double-digit percentages, nine by 21.3% to 25.8%.
The multi-sector conglomerate sector is 19.2% overvalued with an equal-weight rating. 74.5% of the 51 stocks in this sector have hold ratings.
The finance sector is 19.4% overvalued with an equal-weight rating. 80.9% of the 3061 stocks in this sector have hold ratings.
The industrial products sector is 22.8% overvalued with an underweight rating with 40.5% of the 351 stocks in this sector have sell or strong sell ratings.
The oils-energy sector is 9.3% overvalued with an underweight rating. 31.2% of the 555 stocks in this sector have sell or strong sell ratings.
Two of the seven stocks in today's table have buy ratings and five have hold ratings. All seven are overvalued by 12% to 36.3%. All seven have gains over the last 12 months, five with gains of 18.5% to 60.2%. Only one stock is below its 200-day simple moving average with six 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.
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.
Forecast 1-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.