This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cisco, Wal-Mart and Macy's Lead This Week's Earnings Parade

NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on 10 companies in five sectors including Dow components Cisco Systems (CSCO - Get Report) who reports in afterhours trading on Wednesday and Wal-Mart (WMT - Get Report) who reports premarket on Thursday. Leading the parade is Macy's (M) who reports pre-market on Wednesday.

The 10 stocks include four stocks from the computer and technology sector, three from the retail-wholesale sector, and one each in these sectors; basic materials, construction and consumer staples.

The stock market has been experiencing snap back rallies, and crackles to the downside, but the Fed-induced bubble is not ready to pop. The yield on the 30-year Treasury bond ended last week at 3.853%, which caused the ValuEngine valuation warning to intensify to a new 2013 high with 83.8% of all stocks overvalued. The percent of stocks overvalued by 20% or more now stands at 53%. We now show that all 16 sectors are overvalued, 15 double-digit percentages, with nine overvalued by 21.3% to 28.3%.

The computer and technology sector is 25.2% overvalued with an overweight rating. Of the 1148 stocks 53.4% in this sector have buy or strong buy ratings.

The basic materials sector is 5% overvalued with an underweight rating. Of the 395 stocks 65.6% in this sector have sell or strong sell ratings.

The construction sector is 16.3% overvalued with an underweight rating. Of the 158 stocks 61.4% in this sector have sell or strong sell ratings.

The consumer staples sector is 19.3% overvalued with an overweight rating. Of the 260 stocks 41.9% in this sector have buy or strong buy ratings.

The retail-wholesale sector is 22.8% overvalued with an overweight rating. Of the 345 stocks 80.9% in this sector have buy or strong buy ratings.

Six of the 10 stocks in today's table have buy ratings and four have hold ratings. Three stocks are undervalued by 9.6% to 61.2%. Seven are overvalued by 9.0% to 45.3%. Three are down between 13.5% and 51.4% over the last 12 months, while seven have gains between 7.6% and 69.1%%. Three stocks are below their 200-day simple moving averages, and seven are above which reflects the risk of reversion to the mean.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CSCO $27.25 0.00%
WMT $80.71 0.00%
AAPL $124.25 0.00%
FB $81.66 0.00%
GOOG $542.56 0.00%


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs