Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for July, 2013
FREE Report for Zacks.com
Visitors Only
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.
- Latest News
- Most Popular
- How to Invest in QE's Twilight
- RTI: Fed Keeps QE Pace Unchanged
- ETFs on the Move After Bernanke's Press Conference
- Roundtable Top Picks of the Week
- FED Front & Center Again
- RTI: Sector Strength Charts - Where's the Opportunity Now?
- Surging Financial ETFs Beating the Market
- Utility Industry Stock Outlook - June 2013
- Your Next Stock Should Be Making New Highs
- AWS 6/19: Will Bernanke Clarify Matters Today?
- PFP 6/19: Investors Bold in Wake of the Fed
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 06/19/2013
| Company Name | Symbol | %Change |
|---|---|---|
| SONIC FOUNDR | SOFO | 4.40% |
| SUPPORTCOM I | SPRT | 3.75% |
| UNISYS CORP | UIS | 3.31% |
| SHORETEL INC | SHOR | 3.22% |
| GREEN MOUNTA | GMCR | 3.13% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
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.
It wasn’t a very good day for the market on Monday, but there were still several Zacks #1 Rank stocks that finished with very respectable gains. One of the top performers today was ZAGG Inc. (ZAGG - Snapshot Report), which advanced a little more than 6%. Volume was nearly 2.6 million shares, compared to the daily average of about 926,000.
The company is a mobile accessories maker. One of the biggest positives for ZAGG is the increasing demand for smartphones and tablets, most recently exemplified by the quarterly report from Apple (AAPL - Analyst Report). Specifically, ZAGG makes protective coverings for electronic devices, including ones that complement the iPad.
The company is preparing to announce its first quarter results later this week. The Zacks Consensus Estimate is for 14 cents per share, or a penny better than two months ago. Investors remember ZAGG’s strong fourth quarter report from late February, and are expecting more of the same.
In that quarter, ZAGG reported earnings per share of 27 cents, which was 35% better than the Zacks Consensus Estimate. It was the company’s first beat since the first quarter, while the second and third quarters each matched. Stretching all the way back to mid 2010, it has had a very good record of surpassing or matching quarterly earnings expectations.
Net sales in the quarter soared 131% to $67.5 million from $29.3 million. ZAGG attributed its performance to strong holiday sales, record online sales and an expanded SKU presence .
The company expects revenue in 2012 of more than $250 million, compared to $179.1 million for 2011.
Earnings estimates for 2012 moved higher after this report. The Zacks Consensus Estimate for the year is now 81 cents per share, or 8% better than two months ago. There’s also been a penny improvement in the past 30 days. As for 2013, the Zacks Consensus Estimate of $1.02 suggests year-over-year profit growth of about 26%.
ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG's flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items.
Get the full Snapshot Report on ZAGG - FREE
Get the full Analyst Report on AAPL - FREE