Dear Subscriber,
The S&P 500 hit a 7-month high yesterday.
Why is the market continuing to race to new highs? What should you expect going forward? Steve Reitmeister, Kevin Matras and I tell you in this week's Roundtable Review.
As you know, two changes to the Dow Jones Industrial Average were announced yesterday. Cisco Systems (CSCO) and Travelers (TRV) will replace General Motors (GM) and Citigroup (C).
In doing so, Dow Jones missed a good opportunity to reposition the average for the changing global economy. I explain in our Analyst Blog.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Tuesday- June 02, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Lincoln Educational Services Corp. (LINC) first-quarter results included record revenue of $118.6 million. Revenue rose 41% on a year-over-year basis. Earnings per share came in at an astounding 22 cents per share, 11 times the same period one year ago. Read More...
-
Growth & Income - J & J Snack Foods Corp. (JJSF) performed very well against the market over the past year, receiving an extra boost on strong second-quarter results. The company turned in earnings of 39 cents per share, an increase from last year's 21 cents and 56% ahead of the consensus estimate. Read More...
-
Momentum - Ross Stores Inc. (ROST) is trading near an all-time high on record results. The company recently announced record first-quarter net earnings of $91.4 million, compared to the year-prior $79.5 million. Read More...
-
Value - Par Pharmaceutical Companies, Inc. (PRX) reported first quarter results which easily surprised on Wall Street estimates by 81.48%. Adjusted earnings per share were 49 cents compared to 17 cents in the year ago period. Analysts were expecting just 27 cents. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
Sponsor
Zacks Uncovers Rare Growth Stocks Poised to Beat the Market
Even during recessions, a few companies continue to grow. But these stocks attract extra attention, so it's hard to make money from them. However, Zacks has discovered a strategy to uncover rare growth companies while they're still undervalued and unnoticed. And when the rest of Wall Street realizes these gems, they’re set to soar in price. But only a handful of investors will get in on the action. What if you could be among the select few?
Learn how today.
ZACKS MUTUAL FUND RANK
- Best of Funds: Top Real Estate Equity Funds
Worried about investing in real estate stocks? Take a more conservative approach to the sector and try mutual funds like the Fidelity Real Estate Income (FRIFX), Commonwealth Real Estate Securities (CNREX) and Kensington Select Income A (KIFAX). 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
$1495 WEEKLY TRADING GAME WINNER ANNOUNCED:
Congratulations to sashka for winning this week’s Zacks Trading Game prize worth $1495.
That’s right, Zacks Trading Game has become so popular we have increased the prize to nearly $1500 per week. If you haven't registered to play yet, then go to Playing Zacks Trading Game!
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Value
What is a “Margin of Safety”? Read More...
PeopleAndPicks.com:
VIP "Jonock" is dealing in profit with BUY calls in (ACO), (LNT), (PBR) and (TTM). Read More...
NEW ZACKS VIDEOS:
EARNINGS TRENDS: Analysts Raising Their Sights
After a long steady rise from the depths of the abyss, positive revisions are now outnumbering negative revisions. Featured stocks are (HD), (LOW), (M) and (AIG). Read More...
FACEBOOK
Visit the Zacks.com Facebook page and get the latest insight on stocks and the market:
Zacks On Facebook
TWITTER
Get the Zacks.com newsfeed delivered straight to your Twitter account:
Zacks On Twitter
OTHER ZACKS RESOURCES:
Manage your Profit from the Pros subscription:
REFER-A-FRIEND
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
Zacks.com
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.
|