NEW YORK (TheStreet) -- Today's buy-and-trade earnings previews focus on nine companies that report quarterly results on Tuesday including buy rated luxury jewelry retailer Tiffany (TIF) - Get Report, and computer giant and former Dow component Hewlett-Packard (HPQ) - Get Report.
The nine stocks include five from the retail-wholesale sector, two from the computer and technology sector, and one each from the consumer discretionary and consumer staples sectors.
The computer and technology sector is 33.6% overvalued with an overweight rating. Of the 1143 stocks 52.9% in this sector have buy or strong buy ratings.
The consumer discretionary sector is 33.5% overvalued with an equal-weight rating. Of the 396 stocks 82.8% in this sector have hold ratings.
The consumer staples sector is 25.1% overvalued with an overweight rating. Of the 260 stocks 40.4% in this sector have buy or strong buy ratings.
The retail-wholesale sector is 30.8% overvalued with an overweight rating. Of the 344 stocks 79.9% in this sector have buy or strong buy ratings.
The five retail-wholesale stocks in today's table have buy ratings, both computer and technology stocks have hold ratings, and other two consumer-related stocks have hold ratings. All stocks are overvalued by 6.6% to 45.7%. One stock is down 2.6% over the last 12 months while five have gains of 24.1% to 111.6% over the 12 months. Eight of nine are above their 200-day SMAs which reflects the risk of reversion to the mean.
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Reading the Table
Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
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.
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.
A level between a value level and risky level that should be a magnet during the time frame noted.
Price at which to enter a GTC limit order to sell on strength.
($49.76) set a multi-year high at $50.79 on Nov. 15 after holding its 200-day SMA on Oct. 9. The hold rated designer of integrated circuits has a monthly value level at $48.73 with a weekly pivot at $50.46 and a semiannual risky level at $51.19.
Barnes & Noble
($15.81) set a multi-year low at $12.59 on Sept. 30 and has been above its 50-day SMA at $14.20 since Oct. 21 with the 200-day SMA overhead at $16.61. The buy rated book and nook retailer has an annual value level at $14.33 with a monthly pivot at $16.65 and a quarterly risky level at $17.14.
($25.81) set a multi-year high at $25.93 on Friday. The hold rated maker of footwear for all members of the family has a weekly value level at $24.41 with a monthly pivot at $25.77 and quarterly risky level at $26.19.
($116.87) set a multi-year high at $117.61 on Friday. The buy country store and eatery found at major exits on the Interstate highways has a quarterly value level at $111.58 with a monthly risky level at $117.38.
($17.90) moved above its 200-day SMA at $17.17 on Nov. 4 and traded as high as $18.35 on Thursday. The buy rated retailer of private label casual clothing has an annual value level at $16.25 with a monthly pivot at $17.22 and semiannual risky level at $19.10.
($25.26) traded to a second half 2013 low at $20.25 on Oct. 8 and has been above its 200-day SMA since Oct. 9 and traded as high as $26.59 on Nov. 11. The hold rated provider of computers and printers has a semiannual value level at $24.24 with a monthly pivot at $26.84 and a weekly risky level at $27.53.
($42.90) has attempted to break-out above $44 four times since Aug. 14. The hold rated provider of bacon, sausages, franks and canned meets has a semiannual value level at $40.93 with a weekly pivot at $43.95 and an annual risky level at $46.00.
($52.29) ended last week just above its 200-day SMA at $52.07 after a week's high at $56.13. The buy rated specialty retailer of apparel and accessories for children up the 12 years old has an annual value level at $48.50 with a weekly pivot at $49.16 and an annual risky level at $57.18.
($81.08) set a multi-year high at $83.48 on Nov. 18. The buy rated retailer of luxury jewelry has a quarterly value level at $73.22 with a weekly pivot at $82.04 and a monthly risky level at $85.16.
At the time of publication the author held no positions in any of the stocks mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier is the chief market strategist at AlphaPlus Analytics in addition to ValuEngine.com. He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.
Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.
Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for ValuEngine.com since 2008 and often appears on financial TV.
Click here for details on Suttmeier's "Buy and Trade" investment strategy.
Richard Suttmeier can be reached at RSuttmeier@Gmail.com