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Dear Subscriber,
We made new highs on Tuesday and yet I don't know a single investor who feels good about it. That's because there is a lot of trepidation about what is going to happen next. Will the economy continue to expand? Or will the recovery and market rally stall out?
Right now there is a good case for both. But history shows that you are best off not questioning the primary trend which is positive at this time. So stay long in this market for now, but be prepared to take on a more defensive posture if there are increasing signs of economic weakness. We’ll keep you posted.
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Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
Today's Top Stories: Wednesday- December 02, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Conceptus Inc. (CPTS) Zacks Consensus Estimate for this year rose 12 cents, to 25 cents per share. Next year's estimate jumped a dime, to 58 cents. The company boasts a net profit margin of 5.1%, well above the average of 1.3% for other medical product companies. Read More...
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Growth & Income - DeVry Inc. (DV) recently boosted its dividend by 25% to 20 cents per share annually. The company pays dividends on a semi-annual basis, issuing the next 10-cent dividend on January 7 to shareholders of record as of December 11. Read More...
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Momentum - Helen of Troy Limited (HELE) has done well against the market over the past year. The company also reported solid fiscal second-quarter earnings of 51 cents per share, topping the Zacks Consensus Estimate by 31% and surpassing last year's 34 cents. Read More...
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Value - Innophos Holdings Inc. (IPHS) has surprised on estimates 4 consecutive quarters by an average of 30.05%. Its 1-year return on equity of 42.27% easily dwarfs the industry average of 10.49%. The company has a price-to-book ratio of 1.77. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
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NEW ZACKS VIDEOS:
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Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
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