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Dear Subscribers,
On Friday we learned that the US economy added 162,000. This was the first monthly gain in over two years. With the market closed on Friday, then the celebration had to wait til Monday. And celebrate we did as the market rallied to close the session a mere 27 points under 11,000. Certainly we will touch 11,000 at this point. The main question is; How soon will we get above and stay above 11,000? That depends on the strength of first quarter earnings that will start rolling out next week. Stay tuned.
Enjoy these top commentaries from Zacks.com:
• 4 Appetizing Restaurant Stocks
• ISM Services Index Surges
• Top 5 Best Performing Small Cap Funds
Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
Today's Top Stories: Tuesday- April 06, 2010
ZACKS RANK BUY STOCKS
- Aggressive Growth - 3D Systems Corp. (TDSC) started raising full-year estimates. The Zacks Consensus Estimate for 2010 is now 48 cents, up from 20 cents heading into the news. Projections for 2011 are averaging 51 cents, up a penny over that time. Growth rates are expected to be 867% this year and 6% in 2011. Read More...
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Growth & Income - Hasbro (HAS) Q4 net revenues of $1.38 billion, an increase of 12% year-over-year. Hasbro earned $1.09 per share, topping the Zacks Consensus Estimate by 28 cents, 34.6%. In the last three quarters, Hasbro has beaten consensus estimates by an average of 18.4%. Read More...
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Momentum - 99 Cents Only Stores (NDN) analysts like what they are seeing, recently raising estimates on the strong fourth-quarter. The current-year is up 13 cents in the last two months to 77 cents. The next-year estimate is up 13 cents in the same time to 90 cents per share. Read More...
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Value - Avnet Inc. (AVT) revised its third quarter outlook higher. 8 estimates jumped in the last 7 days for the third quarter as the Zacks Consensus Estimate rose to 63 cents from 58 cents, or right in the middle of the company's revised guidance range. Read More...
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Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
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