Dear Subscriber,
The Dow ended its 4-day win streak yesterday, giving up intraday gains late in the afternoon. Nonetheless, many stocks have rebounded nicely over the past several days.
Unfortunately, the recent rebound is nothing more than a bear market rally. Steve Reitmeister, Kevin Matras and I explain why the rebound will not last in our weekly Roundtable Review
Wishing you a happy St. Patrick’s Day,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Tuesday- March 17, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - BWAY Holding Co. (BWAY) full-year earnings estimates have been climbing all year. The consensus for 2009 is now 87 cents, up from 83 cents in January. Estimates for 2010 are averaging $1.06, up from 85 cents in the same time frame. Read More...
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Growth & Income - NTELOS Holdings Corp. (NTLS) is seeing upbeat forecasts from analysts on solid fourth-quarter and full-year results. The current consensus estimate for 2009 earnings of $1.56 per share is 1% above last month’s projection and 11% higher than the level of 2 months ago. Read More...
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Momentum - The Scotts Miracle-Gro Co. (SMG) is seeing share price momentum after delivering record fiscal first-quarter sales. Analysts have been bullish on SMG’s earnings projections, raising fiscal 2009 estimates by 11% over the past 2 months. Read More...
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Value - SYNNEX Corporation (SNX) has surprised on estimates 4 consecutive quarters by an average of 9.44%. SNX is scheduled to report first quarter 2009 earnings on Mar 26. Revenue is expected between $1.74 billion and $1.84 billion. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
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BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
AmSurg Corporation (AMSG)
Full Zacks research report: Read More...
- Bear Of The Day:
Zimmer Holdings (ZMH)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Real Estate Investment Trusts
Overall, REITs are still down 30% so far in 2009, well behind the S&P and Dow. The March mini-rally is nothing to get excited about and the sector could continue to sell off. We do continue to like Avalon Bay (AVB) and Vornado (VNO), however. Read More...
- PMI Group (PMI) Upped After 99% Short Return
- Gannett (GCI): Online Strength Fuels Stock Surge
- Q1 Earnings: Quick Preview
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EDUCATION: Value
Companies “Buyback” Their Own Stock Read More...
PeopleAndPicks.com:
VIP "EyePhone" is pinpointing profit with BUY calls in (AGO), (BAC), (RIGL), and (ZINC). Read More...
NEW ZACKS VIDEOS:
EARNINGS TRENDS: Bad Earnings Expected to Continue
Total net income is expected to post a year over year drop of 35.3% in the first quarter. Read More...
OTHER ZACKS RESOURCES:
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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