NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on 10 companies that report quarterly results in afterhours trading on Thursday or premarket on Friday including buy rated pet products retailer PetsMart (PETM - Get Report) and off-priced retailer chain Ross Stores (ROST - Get Report) which reports in the afterhours on Thursday.
The 10 stocks include seven from the retail-wholesale sector and three from the computer and technology sector.
The computer and technology sector is 31% overvalued with an overweight rating. Of the 1146 stocks, 53.8% in this sector have buy or strong buy ratings.
The retail-wholesale sector is 28.0% overvalued with an overweight rating. Of the 345 stocks, 80.0% 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. 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. Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual. Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.
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