You probably heard about how great the market's performance was during the second quarter. The reality is that the vast majority of the gains occurred between April and mid-May.
In fact, the Dow actually lost 0.6% in June.
So what do you do when the market is trendless? Focus on stocks with strong fundamentals.
Kevin Matras has a great strategy for finding such stocks and I encourage you check it out.
Read: Current Ratio
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Wednesday- July 01, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Flanders Corp. (FLDR) generated 7 cents per share, 4 cents higher than the consensus estimate. This was the second surprise in the past 4 quarters. Flanders also expects annualized revenue to grow between 8% and 13% in 2009. Read More...
Growth & Income - Altera Corp. (ALTR) is seeing upbeat earnings forecasts ahead of reporting in mid-July. The company also boasts a solid record of beating estimates, dating back to 2004. Read More...
Momentum - Dr. Reddy's Lab Ltd. (RDY) fiscal fourth-quarter sales were up big, climbing 50% from last year to $407 million. Earnings came in at 48 cents per share, 15 cents ahead of the consensus. Read More...
Value - Kinetic Concepts, Inc. (KCI) full-year estimates jumped 11.23% in the last 30 days to $3.86 from $3.47 per share. KCI is cheap, trading at only 7.26x forward earnings. Its price-to-book is 2.09. The company has a stellar 1-year return on equity of 31.78% Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
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ZACKS MUTUAL FUND RANK
- Best of Funds: Top Balanced Asset Allocation Funds
Maintain the right balance in your portfolio with Columbia LifeGoal Income A (NLFAX), Hartford Income Allocation A (HINAX) and ING Index Plus LargeCap Equity IX A (IXSAX). Read More...
- Best Of Fund Family
Checkout Zacks Mutual Fund #1 Rank (Strong Buy) picks from the ING family of funds, including ING Global Value Choice A (NAWGX), ING Mid Cap Opportunities A (NMCAX) and ING GNMA Income A (LEXNX). Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Aggressive Growth
Stocks “Neglected” By Analysts Read More...
VIP "Eversar" seeks out the profitable with BUY calls in (EWZ), (ICON), (TRLG) and (YGE). Read More...
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Charles Rotblut, CFA
Senior Market Analyst
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