Ross Stores Inc.
Companies highlighted in this weekly wrap include Ross Stores Inc. (ROST - Snapshot Report), Lubrizol Corporation (LZ - Snapshot Report), Best Buy Co. Inc. (BBY - Analyst Report), United Online, Inc. (UNTD - Snapshot Report) and Baxter International Inc. (BAX - Snapshot Report).
Ross Stores Inc. (ROST - Snapshot Report) has been beating the market since we last covered it as a Growth and Income pick. The company also continues to see bullish forecasts from analysts, including a full-year earnings growth expectation of 16%.
Analysts are forecasting $2.71 per share for the current year, versus the 2 months-ago level of $2.50. For the following year, the consensus projection of $2.97 per share was increased from $2.72 over the past 2 months.
Read the June 12, 2009 commentary on ROST.
Last Week's Growth and Income Zacks Rank Buy Stocks
Lubrizol Corporation (LZ - Snapshot Report) recently declared a dividend of 31 cents per share, noting that it is payable September 10 to shareholders of record at the close of business on August 10. The company boasts an industry-leading yield of 3%. Read the full analysis on LZ.
Best Buy Co. Inc. (BBY - Analyst Report) recently declared a dividend of 14 cents per share, noting that it is payable on July 28 to shareholders of record as of the close of business on July 7. The retailer offers an industry-leading yield of 2%. Read the full analysis on BBY.
United Online, Inc. (UNTD - Snapshot Report) watched its shares spike on a stellar first quarter. The Growth and Income pick also offers momentum, outperforming the market by more than 20% over the past 3 months. Read the full analysis on UNTD.
Baxter International Inc. (BAX - Snapshot Report) is seeing upbeat estimates ahead of announcing second-quarter results in early July. Analysts are calling for full-year earnings of $3.77 per share, an upward revision of 2 cents over the past 3 months. Read the full analysis on BAX.