Zacks' 7 Best Stocks for June, 2013
FREE Report for Zacks.com
Visitors Only

They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.

Today, you can see them free.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 06/18/2013

Company Name Symbol %Change
STAAR SURGIC STAA
10.98%
LUMOS NETWOR LMOS
5.70%
INSTEEL IND IIIN
5.28%
ERICKSON AIR EAC
5.10%
ASSURED GUAR AGO
4.98%

Top Performer for Friday

March 27, 2009 | Comments : 0 Recommended this article: (0)

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

3Com Corporation (COMS) reported better-than-expected fiscal third-quarter profit late last week, which brought about higher earnings estimates for this fiscal year and a spot on the Zacks #1 Rank Top Performers List.

On Mar 19, the computer network equipment company announced non-GAAP earnings per share of 13 cents in the quarter, beating the consensus by more than 62%. The result also marked a solid year-over-year advance.

Of course, the company is grappling with the economic environment, and sales declined 3.5% to $324.7 million from $336.4 million.

All things considered though, COMS is performing rather well under difficult conditions. The company was able to offset weaknesses in some geographies through a strong performance from its China business, record revenue in its TippingPoint segment and "stringent" cost management.

For this fiscal year, ending May 2009, earnings estimates have improved 12.5% over the past 7 days, which is the big reason for its Zacks #1 Rank. However, expectations for next fiscal year have declined a bit in the past week, so it's uncertain how long the positive business momentum will last.

But for now, shares of the company are up approximately 6.2% on Friday, which is enough to make COMS a top-performing Zacks #1 Rank.

COMS is 1 of 2 companies from the Computer-Networks industry on today's Zacks #1 Rank List, which includes 200 stocks. Network Equipment Technologies, Inc. (NWK) is the other company.

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.