Dear Subscriber,
As nice as last month’s rally was, volume on many stocks declined during the latter half of March. This is a sign that buyers weren’t really convinced prices would go higher.
There were some stocks however, that experienced higher volume as the month went on expressing a bullish sign. Kevin Matras shows you how to find these great stocks in the Screen of the Week.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Wednesday- April 01, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Noven Pharmaceuticals, Inc. (NOVN) full-year revenue was up 30% over 2007, to $108 million, and net income rose 25%, to $21.4 million. Analysts are projecting 11% growth in 2009 and another 10% in 2010. Read More...
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Growth & Income - Owens & Minor (OMI) recently hiked its dividend and posted record results in its fourth-quarter report. Analysts have gradually increased earnings estimates. Annual earnings per are expected to grow 8% in 2009 and 11% in 2010. Read More...
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Momentum - AsiaInfo Holdings, Inc. (ASIA) revenue was up 31.7% from last year to $53.7 million. Income came in at $7.8 million, a 55% increase from last year. This produced earnings of 20 cents per share, 5 cents ahead of the consensus estimate. Read More...
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Value - Almost Family Inc. (AFAM) reported fourth quarter results that easily beat Wall Street estimates by 12.73%, or 7 cents a share. Net income was $5.2 million, or 62 cents per share, compared to $2.1 million, or 37 cents, in the year ago period. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
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ZACKS MUTUAL FUND RANK
- Best Of Funds: Top Pacific Equity Mutual Funds
Check out a few of the top-performing Pacific equity funds, including Matthews Asian Growth and Income Fund (MACSX), Pacific Capital New Asia A (PNAAX) and Fidelity Advisor Emerging Asia A (FEAAX). Read More...
The new Zacks Mutual Fund Rank is free until June 1. See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
China Life Insurance (LFC)
Full Zacks research report: Read More...
- Bear Of The Day:
Red Robin Gourmet Burgers (RRGB)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Consumer Electronics
All of the major markets are down year-to-year in dollar terms with many suppliers selling products at a loss. Apple Inc. (AAPL) is a Hold, and Sony (SNE) remains a Sell Read More...
- ValueClick (VCLK) Feels the Impact
- General Motors (GM) Price Target Remains $0
- Web.com (WWWW) with Huge Upside
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Aggressive Growth
Earnings Manipulation Read More...
PeopleAndPicks.com:
VIP "InvestmentMAGE" is floating profit with BUY calls in (CFT), (CSJ), (DBA) and (GVI). Read More...
NEW ZACKS VIDEOS:
OPTIONS COMMENTARY: JA Solar Holdings Co., Ltd. (JASO)
News of a Chinese solar subsidy fueled bullish buzz in the options arena. Read More...
EARNINGS TRENDS: Weak First Quarter Expected
Total net income expected to plunge 37.2% from 2008 levels. Read More...
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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