NEW YORK (TheStreet) -- Today's buy-and-trade earnings previews cover nine companies; three from the aerospace sector, two from the medical sector and one each from the industrial product, retail-wholesale, transportation and utilities sectors.
The ValuEngine valuation warning continues with 78.4% of all stocks being overvalued, 46.9% by 20% or more. Also, 15 of 16 sectors are overvalued, all by double-digit percentages, 11 by 21% to 27.4%.
The aerospace sector is 23.3% overvalued with an underweight rating. 67.6% of the 74 stocks in this sector have sell or strong sell ratings.
The industrial products sector is 22.9% overvalued with an underweight rating. 42.1% of the 347 stocks in this sector have sell or strong cell ratings.The medical sector is 22.0% overvalued with an equal-weight rating. 59.2% of the 784 stocks in this sector have hold ratings. The retail-wholesale sector is 27.4% overvalued with an overweight rating. 81.7% of the 349 stocks in this sector have buy or strong buy ratings.
Reading the TableOV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine. 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.
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