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.
Reading the Table
OV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
VE Rating: 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.
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.
Barnes & Noble
Hewlett-Packard ($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.
Tiffany ($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.
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