Dear Subscriber,
We are going to get a lot of economic data this week. The most anticipated report will be released on Friday - the September jobs data.
Several Fed officials will also speak.
On the earnings front, 27 companies are confirmed to report, including 5 members of the S&P 500. To find out who could surprise, read Earnings Preview for Sep 28 – Oct 2.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Monday- September 28, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Del Monte Foods (DLM) Zacks Consensus Estimate for full-year fiscal 2010 is not 95 cents, up from 79 cents 3 months ago. Next year's estimates are averaging $1.01, up from 88 cents in the same time frame. These levels would yield year-over-year growth rates of 28% and 6%, respectively. Read More...
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Growth & Income - Corning Inc. (GLW) recently announced its acquisition of Axygen BioScience from American Capital Ltd. (ACAS) for approximately $400 million in cash. Axygen makes plastic consumable labware, liquid handling products and bench-top laboratory equipment. Read More...
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Momentum - Ctrip.com International Ltd. (CTRP) second-quarter sales were up 27% from last year to $70 million. Earnings also came in strong at 35 cents per share, 7 cents ahead of the Zacks Consensus Estimate. Gross margin was an amazing 77% for the quarter while operating margin held steady at 34%. Read More...
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Value - Titan Machinery, Inc. (TITN) surprised on the Zacks Consensus Estimate by 50% for the second quarter. Earnings per share rose to 27 cents from 19 cents a year ago. The Zacks Consensus Estimate called for 18 cents per share. Revenues jumped 43.2% to $193.2 million from $134.9 million in the year ago period. 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 Growth Equity Funds
For long-term growth, consider Reynolds Blue Chip Growth (RBCGX), Monteagle Informed Investor Growth (MIIFX) and Counterpoint Select (CPFSX). Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
SABESP (SBS)
Full Zacks research report: Read More...
- Bear Of The Day:
Cadence Design Systems (CDNS)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Coal Industry
Our near-term (6-18 months) outlook for the coal industry has improved somewhat from our previous neutral sentiment to a more positive undertone. Stocks covered are (BTU), (ACI), (RTP) and (WLT). Read More...
- Jacobs (JEC) Wins New Contract
- Badger Meter (BMI) Poised for Growth
- Duke (DUK) Expanding Renewable Energy
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Aggressive Growth
Sustainable Growth Rates Read More...
PeopleAndPicks.com:
VIP "Fliujniligui" holds profit in his portfolio with BUY calls in (BMA), (IPHS), (MORN) and (WF). Read More...
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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