NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on six companies in three sectors that report quarterly results on Wednesday including agricultural and construction equipment maker Deere (DE) and the competitor of Dow component Home Depot (HD), home improvement company Lowes (LOW).
The six stocks include four in the retail-wholesale sector, and one each in the consumer staples sector and the industrial products sector.
The consumer staples sector is 23.9% overvalued with an overweight rating. Of the 260 stocks 41.9% in this sector have buy or strong buy ratings.
The industrial products sector is 28.6% overvalued with an underweight rating. Of the 346 stocks 47.1% in this sector have sell or strong sell ratings.The retail-wholesale sector is 28.6% overvalued with an overweight rating. Of the 345 stocks 80.0% in this sector have buy or strong buy ratings. Four of the stocks in today's table have buy ratings and two have hold ratings. Two stocks are undervalued by 3.7% and 8.8%. Four are overvalued by 6.1% to 33.7%. One stock is down 3% over the last 12 months while five have gains of 26.9% to $132% over the 12 months. Two are below their 200-day simple moving averages with four above which reflects the risk of reversion to the mean.
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. 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.
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