One is down 11.8% over the past 12 months, while four had double-digit gains ranging from 15.8% to 85.1% during that period. The upside for these stocks over the next 12 months ranges from 4.3% to 11.3%. One of the seven has an elevated 12-month trailing price-to-earnings ratio of 36.8. Five of seven are trading above their 200-day simple moving averages (SMA), which reflects the downside risk of a reversion to the mean.
Reporting after the close on Thursday is Intel ( INTC) ($22.00) - is expected to earn $0.45 per share. Intel is well below its multi-year high at $29.27 set on May 3, 2012. The daily chart just became overbought and the weekly chart is positive with the stock above the five-week MMA at $21.03 and the 200-week SMA at $21.60. My semiannual value level is $19.80 with a weekly pivot at $21.17 and quarterly risky level at $24.88. Reporting before the open on Friday is General Electric ( GE) ($21.13). It's expected to earn 43 cents per share. GE is well below its multiyear high at $23.19 from Oct. 5, 2012. The daily chart is neutral, and the weekly chart is positive with the stock on the cusp of the five-week MMA at $21.11. My semiannual value level is $19.17 with a quarterly pivot at $21.19 and monthly risky level at $22.26. Reporting before the open on Friday is Schlumberger ( SLB) ($73.75). It's expected to earn $1.09 per share, up a penny from a week ago. SLB is well below its 52-week high at $80.78 Feb. 22, 2012. The daily chart is overbought, and the weekly chart is positive with the stock above the five-week MMA at $71.03 and the 200-week SMA at $69.06. My monthly value level lags at $64.50 with a weekly pivot at $72.39 and semiannual risky level at $94.62. At the time of publication, Suttmeier had no positions in stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.