NEW YORK ( TheStreet) -- The nine stocks I am profiling today were taken to the woodshed recently for a variety of reasons:From earnings misses and lowered guidance to civil charges from the Department of Justice. From an alleged competitive advantages of transporting beers containing lime wedges on wagons pulled by Clydesdales. From weaker demand for cable services to reduced attendance at health clubs. From slower growth in Internet search in China to reduced eating of what should be yummy chicken in China. And, from reduced demand for transportation logistics to the possibility that used video games might not be playable on new Xbox consoles.
The nine stocks that were taken to the woodshed are in six overvalued sectors according to www.ValuEngine.com: computer and technology is overvalued by 13.6%, consumer discretionary by 7.8%, consumer staples by 22.6%, finance by 16.8%, retail-wholesale by 11.2% and transportation by 20.9%. The nine stocks profiled are undervalued by 0.8% to 32.6%, however.