This Day On The Street
Continue to site
ADVERTISEMENT
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

Tiffany Earnings Sparkle as Cracker Barrel Cracks

NEW YORK ( TheStreet) -- Last week I profiled nine companies pre-earnings in Tiffany, Hewlett-Packard Headline Tuesday's Earnings Reports. Buy rated Tiffany (TIF - Get Report) offered sparkling earnings and was the biggest post-earnings winner ending last week up 9.9% from its Nov. 22 close to its Black Friday close. Country store and eatery Cracker Barrel (CBRL - Get Report) beat EPS estimates, but cracked lower by 7.2% on decelerating same store sales.

Among the nine stocks were seven consumer-oriented stocks five of which have buy ratings according to www.ValuEngine.com. These five gained between 4.4% and 9.9% from their Nov. 22 closes to their Friday close. The buy rated names are in the retail-wholesale sector which is 31.6% overvalued but boasts an overweight rating as 78.7% of the 343 stocks in the sector are buy rated.

We enter the last month of 2013 with an intense ValuEngine valuation warning as 86.3% of all stocks overvalued including 59.3% overvalued by 20% or more. All 16 sectors are overvalued 15 by double-digit percentages. There are 13 sectors overvalued by more than 24% or which nine are overvalued by 30.7% to 36.9%.

In this environment all five of the major averages set new all-time or multi-year intra-day highs on Friday; 16,174.51 Dow Industrials, 1813.55 S&P 500, 4069.70 Nasdaq, 7273.81 Dow transports and 1147.00 Russell 2000. All five have positive but extremely overbought weekly chart profiles with 12x3x3 weekly slow stochastic readings well above the 80.00 threshold with readings between 90.61 and 95.43.

Reading the Table

OV/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.

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
Submit an article to us!
SYM TRADE IT LAST %CHG
CBRL $134.21 0.28%
TIF $88.82 -0.39%
AAPL $128.73 -0.17%
FB $78.81 -0.23%
GOOG $540.66 0.51%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs