The Fed made a bold announcement yesterday, electing to become very active in the bond markets. The Fed will more than double the amount of agency-related and mortgage back securities it purchases, as well as, buying up to $300 billion of treasuries.
Though the move could speed up the timing of the recovery, it will not have an immediate impact on the economy.
What could affect your portfolio over the near-term, however, are first quarter earnings. I tell you what the Q1 winners and losers will be in this week’s Industry Rank Analysis.
Also on Zacks.com, Kevin Matras shows you an easy way to use regression analysis to find winning stocks in this week's Screen of the Week.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Thursday- March 19, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - TransDigm Group, Inc. (TDG) reported first-quarter results that included earnings per share of 78 cents, topping the consensus estimate of 58 cents. This was the company's ninth consecutive surprise. Read More...
Growth & Income - Best Buy Co. Inc. (BBY) is watching analysts boost earnings estimates as its share price outperforms the major averages. The company’s earnings, on average, came in 7% ahead of analysts’ expectations over the past 4 quarters in a row.
Momentum - Cracker Barrel Old Country Store (CBRL) reported its second consecutive earnings surprise. Earnings per share came in at 81 cents, beating Wall Street estimates by 6%. Read More...
Value - The Laclede Group, Inc. (LG) saw first quarter 2009 earnings spike on higher sales volumes from its natural gas commodity service segment. The company has surprised on estimates 3 out of the last 4 quarters by an average of 37.40%. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
WANT TO OWN ALL THE ZACKS #1 RANK STOCKS?
Mitch Zacks manages a Quantitative Strategy for his
private clients based on the Zacks #1 Rank Model.
From 2002 through 9/30/08, this portfolio has outperformed the
S&P 500 by a staggering 43.7%! Learn more in
Your FREE Investment KIT that outlines Mitch's complete track record
along with details on his time tested philosophy.
Get Your FREE ZACKS INVESTMENT KIT
BEST OF ZACKS EQUITY RESEARCH
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Growth & Income
Understanding Dividend Dates Read More...
VIP "smallstk" is building big gains with BUY calls in (MET), (USB), (UYG), and (WFC). Read More...
NEW ZACKS VIDEOS:
OTHER ZACKS RESOURCES:
Manage your Profit from the Pros subscription:
If you enjoy this e-mail newsletter, then please pass it along to a friend. Simply forward them the link below to sign up for their own free subscription. THANKS!
Refer a Friend
Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
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.
Visit /performance for information about the performance numbers displayed in this newsletter.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
To contact us by mail:
Zacks Investment Research
Attn: Profit from the Pros
111 N. Canal St., Suite 1101
Chicago, IL 60606
To unsubscribe from receiving "Zacks.com Profit from the Pros"
e-mail newsletter, Click here....