NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on eight companies in six sectors that report quarterly results premarket Tuesday including Dow component Home Depot ( HD) and electronics and appliance retailer Best Buy ( BBY).These stocks include three from the retail-wholesale sector, and one each in construction, consumer staples, medical, oils-energy and transportation. The construction sector is 20.7% overvalued with an underweight rating. Of the 158 stocks 54.4% in this sector have sell or strong sell ratings. The consumer staples sector is 23.9% overvalued with an overweight rating. Of the 260 stocks 41.9% in this sector have buy or strong buy ratings. The medical sector is 25% overvalued with an equal-weight rating. Of the 774 stocks 60.5% in this sector have hold ratings. The oils-energy sector is 18.9% overvalued with an equal-weight rating. Of the 551 stocks 58.8% in this sector have hold ratings.
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. Value Level: 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. Pivot: A level between a value level and risky level that should be a magnet during the time frame noted. Risky Level: Price at which to enter a GTC limit order to sell on strength. Best Buy ( BBY) ($43.69) set a multi-year high at $44.66 on Wednesday. The buy rated retailer of electronics and appliances is above its 50-day SMA at $40.35 with a weekly pivot at $44.78 and monthly risky level at $48.53. Campbell Soup ( CPB) ($42.42) has been below its 200-day SMA at $43.73 since Sept. 19. The buy rated soup company is trading between its 50-day SMA at $41.75 and its 200-day SMA. My weekly value level is $41.75 with a semiannual pivot at $43.92 and monthly risky level at $46.66. Diana Shipping ( DSX) ($11.99) set a multi-year high at $13.24 on Sept. 9 and traded as low as $11.16 on Oct. 9 and Oct. 31. The sell rated shipper of iron ore, coal and grain has a quarterly value level at $10.98 with a weekly pivot at $11.75 and monthly risky level at $12.79. Home Depot ( HD) ($80.03) set a multi-year high at $81.56 on May 22 then as low as $72.21 on Sept. 6 staying above its 200-day SMA now at $74.69. The buy rated retailer of home improvement products has a weekly value level at $76.67 with a monthly risky level at $83.59. MDT) ($58.55) set a multi-year high at $58.85 on Thursday. The hold rated maker of medical devices for the heart has a quarterly value level at $56.81 with a weekly pivot at $59.11 and monthly risky level at $59.74. TJX Companies ( TJX) ($63.52) set an all-time high at $63.53 on Friday. The buy rated parent of T.J. Maxx, Marshall's and HomeGoods stores has a monthly value level at $61.46 with a weekly pivot at $62.27 and quarterly risky level at $63.94.
Trina Solar ( TSL) ($16.15) set a multi-year high at $17.84 on Nov. 5. The hold rated maker of solar energy components has a monthly value level at $14.26 with a weekly risky level at $20.34. VAL) ($71.45) set a multi-year high at $74.25 on May 28 then traded as low as $61.13 on Sept. 3. The stock moved above its 200-day SMA on Oct. 14, now at $65.88. The sell rated maker of paints and coatings has a monthly value level at $70.85 with a weekly risky level at $73.00. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.