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Google, IBM Are Among the Key Earnings Reports to Trade Thursday and Friday

Stocks in this article: AMD COF ERIC GE GOOGL IBM SLB

NEW YORK (TheStreet) -- Today's pre-earnings profiles for seven diversified companies point to the importance of evaluating both fundamental and technical information when making investment and trading decisions before and after companies report earnings.

Most of the seven stocks profiled today have seen significant year-to-date volatility. The stocks with the biggest year-to-date gains in today's "Crunching the Numbers" tables are oil-service company Schlumberger (SLB) , which is up 29%; chipmaker Advanced Micro Devices (AMD), which has gained 20%; and financial-services company Capital One (COF), which is up 10%.

Let's take a look at the stock profiles now. The "Crunching the Numbers" tables follow.

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Advanced Micro Devices ($4.66) set a 2014 high at $4.80 on July 15 and has been above its 200-day simple moving average at $3.85 since April 21. Analysts expect the company to report earnings per share of 3 cents after the closing bell Thursday. The stock has an elevated 12-month trailing price-to-earnings ratio of 30. This is not a dividend stock.

The weekly chart is positive with its five-week modified moving average at $4.25. A weekly value level is $4.31 with a monthly pivot at $4.47 and its 200-week simple moving average at $5.18.

Capital One ($84.38) traded to a multiyear intraday high at $85.39 on July 15 and the stock is above all five moving averages in my first table. Analysts expect the company to report EPS of $1.79 after the closing bell Thursday. The stock's 12-month trailing P/E ratio is 12 with a dividend yield of 1.4%.

The weekly chart is positive but overbought with its five-week MMA at $82.00. Quarterly and semiannual value levels are $82.66 and $81.85, respectively, with a monthly pivot at $83.96 and a weekly risky level at $88.21.

Ericsson (ERIC) ($11.61) is down 5.1% year to date and has been below its 200-day SMA at $12.42 since April 23. It traded as low as $11.50 on July 15. Analysts expect the wireless equipment company to report EPS of 14 cents before the opening bell on Friday. The stock's 12-month trailing P/E ratio is 13.9, and it has a dividend yield of 2.6%.

The weekly chart is negative but oversold with its five-week MMA at $12.02. The 200-week SMA at $11.32 is a key level to hold on weakness. Annual value levels are $8.83 and $7.05 with a weekly pivot at $11.85 and semiannual and monthly risky levels at $11.99 and $12.98, respectively.

General Electric (GE) ($27.02) is down 3.6% year to date and has been trading around its 200-day SMA since Feb. 3. This key moving average is now at $26.21. Analysts expect this Dow Jones Industrial Average component to report EPS of 39 cents before the opening bell on Friday. The stock's 12-month trailing P/E ratio is 16.5 with a favorable dividend yield of 3.3%.

The weekly chart is neutral with its five-week MMA at $26.74 and with declining 12x3x3 weekly slow stochastic. Annual value levels are $16.89 and $16.11 with a semiannual pivot at $26.94 and monthly and quarterly risky levels at $27.35 and $28.94, respectively.

Google (GOOGL) ($590.62) is up 5.3% year to date and set a 2014 low at $511.00 on April 28, which was a test of its 200-day SMA. That average is now at $549.57. Analysts expect the Internet services giant to report EPS of $5.16 after the closing bell today. The company's 12-month trailing P/E ratio is nearly 30. Google is not yet a dividend stock.

The weekly chart is positive but overbought with its five-week MMA at $576.40. Annual value levels are $522.17 and $489.53 with a semiannual pivot at $589.86 and monthly and weekly risky levels at $615.68 and $624.67, respectively.

International Business Machines (IBM) ($192.36) traded as low as $179.66 on June 27 then traded as high as $193.36 on Wednesday and is above all five moving averages in the first table. Analysts expect the tech stock and Dow component to report EPS of $4.31 after the closing bell on Thursday. The stock's 12-month trailing P/E ratio is 11 and it has a dividend yield of 2.3%.

The weekly chart is positive with its five-week MMA at $187.24 and its 200-week SMA at $183.77. A weekly value level is $183.77 with a monthly pivot at $192.99 and an annual value level at $206.19.

Schlumberger ($115.88) set an all-time intraday high at $118.76 on July 1 and is above all moving averages in the first table. Analysts expect the energy company to report EPS of $1.35 after the closing bell today. The company's 12-month trailing P/E ratio is 22, and it has a dividend yield of 1.4%.

The weekly chart is positive but overbought with its five-week MMA at $111.16. Annual value levels are $101.95 and $98.26 with a semiannual pivot at $110.25 and weekly risky level at $120.94.

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