Dear Subscriber,
Last March, I discussed how there were some signs of light for the semiconductor industry.
Those bits of sunlight have now turned into the start of a long-awaited recovery for chipmakers.
In this week's Industry Rank Analysis, I explain why I'm more optimistic and tell you which stocks analysts are raising their profit forecasts on.
Chip Industry Starting to Recover.
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros Today's Top Stories: Thursday- June 11, 2009 ZACKS RANK BUY STOCKS
- Aggressive Growth - Lumber Liquidators, Inc. (LL) released is first quarter results that included sales of $124 million, an 8% year-over-year increase. Earnings came in at $5.1 million, an 18% increase since the same quarter last year. This was the third consecutive earnings surprise. Read More...
- Growth &Income - Best Buy Co. Inc. (BBY) is seeing bullish estimates ahead of reporting next week. Analysts are calling for fiscal year earnings of $2.77 per share, up from the 3 months-ago forecasts of $2.35. Read More...
- Momentum - American Dairy Inc. (ADY) share price has been on fire since the company reported gang-buster first-quarter results on May 14 that were ahead of expectations. Sales were up 191% from last year to $113.8 million. Income was up 282% to $27.8 million, producing earnings of $1.55 per share. Read More...
- Value - Dr. Pepper Snapple Group Inc. (DPS) reported first-quarter results that surprised on estimates by 23.33%, or 7 cents a share. Adjusted earnings per share were 37 cents beating the analysts expected 30 cents per share. The company has surprised on estimates 3 out of the last 4 quarters by an average of 4.91%. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
SponsorThe Death of Wal-Mart The reign of the "King of Retail" is over. The Wall Street Journal reports an up-and-coming rival is growing sales at double the pace of Wal-Mart. This future blue chip is the only company in history to grown its sales from $0 to $3 billion in its first 6 years. The best part: The company Fortune ranks No. 1 in retail cranks out all this cash – while making life better for its employees. Get the name of The Motley Fool’s Top Bargain Stock in a FREE report called, “The Death of Wal-Mart – the Real Cash King Changing the Face of Retail.” Click here for instant access to this FREE report. ZACKS MUTUAL FUND RANK
- Best of Funds: Top Health Equity Funds
Keep your portfolio healthy with Manning & Napier Life Sciences (EXLSX), AMIDEX Cancer Innovation & Healthcare (CNCRX) and Delaware Healthcare A (DLHAX). Read More...
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BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day: SINA Corp. (SINA)
Full Zacks research report: Read More...
- Bear Of The Day: Philips Electronics (PHG)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Medical Devices
We continue to recommend that investors focus on companies providing life-sustaining products. These should remain insulated from the current economic crisis. We like Boston Scientific (BSX), Becton Dickinson (BDX) and St. Jude Medical (STJ). Read More...
- 99 Cents (NDN) Only's Strong Results
- Boeing (BA) - Good, Bad & Indifferent
- US Construction Spending Ticks Up
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VIP "OnIslandTrader" is watching the erratic gaps. "What is with these big morning gaps?...Seriously, in the past four trading days we've had a big gap up that reversed, followed by a big gap down that reversed big time into the last hour... Read More... NEW ZACKS VIDEOS:FACEBOOK
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Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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