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Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%
Zacks ZACKS.COM
PROFIT from the PROS

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Dear Subscribers,

As I shared in yesterday's commentary, at the scariest moments rational investors will step in and say "enough is enough already". It seems that moment arrived on Monday with a vengeance. Paving the way for the rebound was the announcement of the $1 trillion European bailout fund. With a 404 point gain in the Dow we are now a stone's throw away from the 50 day moving average at 10,835. Interestingly that is exactly the intra-day high for Monday. So we may struggle with that resistance level for a little while. Soon enough we should be able to move above and retest the recent highs of 11,300.

Enjoy these top commentaries from Zacks.com:
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•  Medical Devices Stock Review - May 2010

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

 

Today's Top Stories: Tuesday- May 11, 2010

ZACKS RANK BUY STOCKS

  • Aggressive Growth - Teradyne Inc. (TER) announced first quarter results that showed a 23% improvement in revenues sequentially and a 177% increase year-over-year. Net income came in over $61 million, up from a loss one year ago. Read More...
     
  • Growth & Income - Gardner Denver (GDI) reported Q1 revenue of $422.2 million, down 8.7% from the year-ago quarter. The company earned $0.62 per share, topping the Zacks Consensus by 10 cents, or 19.2%. Read More...
     
  • Momentum - Baidu, Inc. (BIDU) first-quarter revenue was up 60% from last year to $190 million. Earnings also came in strong at $2.02, 33% ahead of the Zacks Consensus Estimate. The company now boasts an average earnings surprise of 17% over the last four quarters. Read More...
     
  • Value - Cabela's Inc. (CAB) reported record first quarter results and easily beat the Zacks Consensus Estimate by 190%. Earnings per share were 29 cents compared with the consensus of 19 cents. Read More...
     

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

p.s. What is the mission for Zacks Profit from the Pros? To find out how we will help you become a more successful investor, click here.

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