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Zacks #1 Stocks on the Move 05/22/2013

Company Name Symbol %Change
ALLIANCE FIB AFOP
9.31%
SONIC FOUNDR SOFO
7.77%
TRI TECH HOL TRIT
6.62%
A M R CP AAMRQ
4.52%
FLOWERS FOOD FLO
4.31%
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Dear Subscribers,

Wednesday's close of Dow 12,350 is the second best of the year and only 68 points from the recent peak. The catalyst was strong jobs news. The ADP Employment Report showed solid gains of 201,000 jobs and the Challenger Report made it clear that expected future layoffs are on the decline. This certainly raises the level of expectations going into the government's Employment Situation report on Friday.

Couple this strong news with the lack of new scares from Japan, Europe and the Middle East and you understand why it was easy getting back to this level. The trick will be how to get above. That will happen if April earnings season is a winner like the last several that have been served up. Stay tuned!

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Steve Reitmeister
Executive VP, Zacks Investment Research

 

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