Nobody wanted last week's rally to end, much less see the Dow fall 7.7% in a single day.
However, the rally was not sustainable given the current market and environment. Kevin Matras, Tracey Ryniec and I explain why:
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Tuesday- December 02, 2008
ZACKS RANK BUY STOCKS
- Aggressive Growth - Nash Finch (NAFC) shares are surging after its third-quarter earnings announcement last month. Sales rose more than 5% and the stock is pressuring its 52-week high. Learn More...
Growth & Income - Abbott Labs (ABT) has been outpacing the Dow Jones, S&P 500 Index and the NASDAQ lately. It offers a dividend yield of 2.75%, which is well above the industry average. Learn More...
Momentum - Shenandoah Telecommunication's (SHEN) share price has been rallying since early October, helped by the company's solid third-quarter results and rising analyst estimates. Learn More...
Value - SYKES Enterprises (SYKE) finds itself in an enviable position during this credit crisis with no debt and a cash safety net of $220.1 million. Learn More...
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BEST OF ZACKS EQUITY RESEARCH
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How to Use the Price-to-Earnings Ratio. Learn more...
NEW ZACKS VIDEOS:
"Jonock", a VIP with a rating in the top 1% of stock pickers we track, recently made a Buy call on GLD and a Sell call on DE. Take a closer look at this player's portfolio. Learn More...
OTHER ZACKS RESOURCES:
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
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