Back to top

View the PFP Archive

ZACKS
Manufacturing Stock Gains

Last week stocks pulled back ever so slightly. But the last 2 sessions have been in positive territory as investors were hard pressed to find a reason to keep selling.

Helping the bullish cause on Monday was two manufacturing reports flexing some muscle.

First, was the regional Empire State Mfg report that focuses on New York state. This came in well above the +15 consensus at +19.28.

Second, was the national Industrial Production report coming in above expectations at +0.6% with a positive +0.3% revision to last month. The best part of this announcement is the continual rise in capacity utilization. At these levels many corporations start to become constrained and need to expand facilities to continue growth. This form of business investment is usually a boon for the economy given the large spending and job growth required.

Looks like the Muddle Through Economy keeps muddling higher...gladly stocks are doing the same.

Featured Commentaries:

•  Gambling Stock Roundup

•  Mergers In The Internet Space

•  Can Carl Icahn Revitalize Retail ETFs?

Best,

Steve Reitmeister (aka Reity...pronounced "Righty")

Executive Vice President

Zacks Investment Research

Follow Us:  

Sponsor

Leaked: Apple's Next Smart Device
The secret is out...experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Tell me the stock!

Bull & Bear of the Day

Zacks Rank #1

RF Micro Devices (RFMD)

This stock is merging with TQNT, but still sees estimates and stock price rise.

 

Zacks Rank #5

Select Income REIT (SIR)

Putting a price tag on paradise is a super hard thing.


Stock Picking Strategies

On Deck This Week: Fed Policy  ››

Foreign Banks Face Tough Road to Recovery  ››

3 Railroad Stocks with Plenty of Steam to Go Higher This Year  ››


Funds Commentary

Zacks #1 Ranked Growth Mutual Funds  ››

Medical Device ETF in Focus as Medtronic Buys Covidien  ››

Can Carl Icahn Revitalize Retail ETFs?  ››


Options Strategies

Buying Puts to Protect Profits & Hedge Risk  ››


Video Reports

Top Momentum Stocks for May 7, 2014 (IQNT) (EXH)

Momentum Stock Strategist David Bartosiak discusses two stock ideas to look at during this market pullback.

Why the Mixed Earnings Picture Isn't Enough?

The market's strong gains last year were in anticipation of an earnings turnaround, which has yet to materialize.

MLP ETNs for Growth and Income

In addition to attractive yields, MLPs have solid growth potential (AMJ, MLPI).

Earnings HQ

Today's Noteworthy Earnings Before the Bell:   ››  FDSJW.AYGEISLE

Today's Noteworthy Earnings After the Bell:   ››  ADBELZBBOBENPTN

Get the First Calendar Made for Traders.

Visit the Zacks Earnings Calendar

Recent Earnings Winners

Company Symbol Reported Surprise %Price Chg
PASSUR AEROSPAC PSSR Jun 13 +0.01% +5.00%
STRAIGHT PATH COMMUNICATIONS CL STRP Jun 16 +0.01% +3.62%
SYNUTRA INTERNATIONAL INC SYUT Jun 16 +0.18% +3.08%
MOTORCAR PARTS AMERICA INC MPAA Jun 16 +0.40% +2.77%
PEERLESS SYSTEMS CP PRLS Jun 16 +0.02% +2.43%

See All »

Best Earnings ESP Stocks  

Company Symbol Consensus
Est.
Most
Accurate Est.
Reports Zacks Rank ESP
MICRON TECH MU 0.69 0.75 Jun 23 1 +8.70
SYNNEX CORP SNX 1.38 1.39 Jul 2 2 +0.72
APOLLO GROUP APOL 0.65 0.67 Jun 25 3 +3.08
LINDSAY CORP LNN 1.39 1.40 Jun 25 3 +0.72
LA-Z-BOY INC LZB 0.33 0.34 Jun 17 3 +3.03
Don't trade these stocks until you have read the Zacks ESP Guide

Sponsor

$1 Buys You All Zacks' Restricted Buys and Sells

Thousands of Zacks' members have already taken advantage of the opportunity to see all the real-time buys at unprecedented terms: One month. One dollar. Not one cent of further obligation.

Yet thousands of other members have not jumped aboard. It sounds unbelievable to them. There must be a "catch." How can Zacks give away full access to all 13 portfolio services from value and income to breakout growth, to home runs, and insider stocks? The answer is simply this: Receiving high-performing stock recommendations is a habit that is hard to break.

See All the Stocks Now>>


Manage Your Newsletter Subscriptions

Update Preferences         Update Your Profile         Unsubscribe All         Feedback         Send to a Friend
 

This free resource is being sent by Zacks.com to our subscribers. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable.

All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, brokerage, market making or asset management activities of any securities. Visit www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Emails

If you would prefer to not receive future profit-producing emails from Zacks.com the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please click here and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com.

Zacks Investment Research, Inc.
10 S. Riverside Plaza, Suite 1600
Chicago, IL 60606

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