Wednesday - February 6, 2008
Yesterday's drop, though unsettling, was just a single day drop. Nothing has changed from last week.
While the ISM services index did point to economic weakness, we have known that the economy would struggle this quarter. The Fed has been proactive in cutting rates and Congress is making progress on a stimulus package. More importantly, there is some movement to provide support to the bond insurers - a step that would help ease the current credit crunch.
It will take time to work through the current problems, but we will get through them.
In today's Analyst Interview, I discuss the current market conditions and how investors should react to them. I hope you find the commentary helpful. http://at.zacks.com/?id=2525
Wishing you prosperity,
Charles Rotblut, CFA
1. ZACKS RANK BUY STOCKS
The Zacks Rank is a powerful short term stock ranking system that has generated a 32% average annual return. Every day on Zacks.com we highlight four new Zacks Rank Buy stocks based on the main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value.
Merit Medical Systems, Inc. (MMSI) announced that the unaudited results for its fourth quarter would exceed the company's previous revenue estimates by more than $54 million. Read the full analysis on MMSI now!
Mariner Energy, Inc. (ME) is riding the commodities boom to big profits. With elevated crude and natural gas prices, ME is cheap with a P/E of only 9.23 and a PEG of 0.62. Read the full analysis on ME now!
2. BEST OF EQUITY RESEARCH
The Zacks Equity Research team of 50 analysts generates a mountain of timely research every day that is geared towards long term stock investing. Here we turn the spotlight on some of their hottest insights.
Stocks featured recently include Hain Celestial (HAIN), China Mobile (CHL), PartnerRe (PRE) and Peabody Energy (BTU). Get their latest posts.
Exxon Mobil (XOM) - Still Biggest & Strongest. For the full Zacks research report, click here.
CSX Corp. (CSX) - Downgraded on Valuation. For the full Zacks research report, click here.
3. STRATEGIES & IDEAS
Here you will find fresh articles loaded with profitable investment strategies and ideas to help you beat the market. Today we highlight...
The uncertainty in the markets has dragged down the stock prices of undamentally strong companies. Stocks featured include OI, CLR, NITE and TRV. More...
This strategy helps investors pinpoint stocks that are creating assets for shareholders. Four stocks meeting this screen's exclusive criteria include AIZ, GEF, ANDE and PRE. More...
Most of the strategies highlighted in the articles above were created using the Zacks Research Wizard screening and backtesting software. Learn more about this powerful tool and get your free copy of our special report "Top 10 Stock Screening Strategies."
4. ZACKS EXTRA
Aggressive Growth Investing
Aggressive Growth Investing Home: Learn more.
Other Investing Education Resources
Tween Brands (TWB)
As identified by the Zacks Custom Screener, this retailer has rising price action but negative sentiment, making it interesting from a contrarian standpoint. Read the entire commentary.
Options homepage: Go there now.
Kevin Matras, Steve Reitmeister and Charles Rotblut discuss the presidential election, potential suitors for Yahoo (YHOO) and the January indicator. Listen to the audio here.
Steve Reitmeister, Editor-At-Large for Zacks.com, shares his investing philosophy and various other thoughts. Listen to the audio here.
If you enjoy this e-mail newsletter, then please pass it along to a friend. Simply forward them the link below to sign up for their own free subscription. THANKS! http://at.zacks.com/?id=2320
Regards and Happy Investing,
Charles Rotblut, CFA
p.s. What is the mission for Zacks Profit from the Pros? Click here to find out how we will help you become a more successful investor.
The performance of the Zacks Rank portfolios for annual and year-to-date periods are the linked monthly total returns (price changes + dividends) of equal weighted hypothetical portfolios, consisting of those stocks with the indicated Zacks Rank, assuming monthly rebalancing and zero transaction costs. These are not the returns of actual portfolios. The hypothetical portfolios were created at the beginning of each month from January 1988 forward based on the values of the Zacks Rank available to Zacks' clients before the beginning of each month. The portfolios created monthly from 1988 through September 2006 exclude ADRs and are comprised of stocks that have the indicated Zacks Rank and were covered by at least two analysts at the time of the stocks inclusion in the portfolio. Starting in October 2006 and going forward, the portfolios are comprised of all stocks with the indicated Zacks Rank and do not exclude ADRs, which is more reflective of the list of stocks that customers will find on the Zacks web sites. These performance numbers have been audited from 1995 through 2003 by Virchow, Krause & Company, LLP.
The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks, selected by Standard & Poor's. The S&P 500 Index assumes reinvestment of dividends but does not reflect advisory fees. An investor cannot invest directly in an index.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
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