NEW YORK (TheStreet) - Today's buy-and-trade earnings previews focus on six diverse companies that report results afterhours today through Wednesday. Homebuilder Lennar (LEN) hammers its earnings results today and Oracle (ORCL) programs its earnings afterhours on Wednesday.
The six stocks profiled here include three from the computer and technology sector, two from the business services sector and one in the construction sector.
Stocks remain entrenched in a ValuEngine valuation warning with 83.2% overvalued with 51.4% overvalued by 20% or more.
The business services sector is 25.5% overvalued with an equal-weight rating. Of the 229 stocks 70.7% in this sector have hold ratings.
The computer and technology sector is 27.8% overvalued with an overweight rating. Of the 1136 stocks 52.3% in this sector have buy or strong buy ratings.
The construction sector is 17.2% overvalued with an underweight rating. Of the 156 stocks 56.4% in this sector have sell or strong sell ratings.
Three of the six stocks in today's post have buy ratings, two have hold ratings and one has a sell rating. All six are overvalued with three overvalued by 16.6%, 19.1% and 28.5%. Two have declines of 9.8% and 13.3% over the last 12 months and two have gained 27.3% and 39.3% over the last 12 months. Two are below their 200-day simple moving averages and four are above their 200-day SMAs.
Jabil Circuit (JBL) ($19.68) has a buy rating, is 16.6% overvalued and has gained 10.6% over the last 12 months. Analysts expect the company to report earnings of 47 cents a share in the after hours this afternoon. The circuit board maker set its 2013 high at $24.32 on Sept. 9 and traded to a second half low at $18.92 on Thursday. The stock has been below its 200-day SMA at $20.68 since Dec. 9. This week's value level is $17.93 with monthly and quarterly risky levels at $23.10 and $23.40.