Dear Subscriber,
If you want to take advantage of potential earnings surprises, you may want to look at food stocks.
Both General Mills (GIS) and J.M. Smucker (SJM) recently topped expectations and raised guidance. I think other food companies could follow with more good news.
Which ones are most likely to surprise? I tell you in Industry Rank Analysis.
Read: Q2 Earnings: Food Is Good
Yesterday, the IMF raised its 2010 global economic outlook. Dirk van Dijk explains the change and what it says about the U.S. economy.
Read: IMF Grows More Optimistic
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Thursday- July 09, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Genesco Inc. (GCO) released fiscal first-quarter results for 2009 with earnings of $3.5 million, or 17 cents per share. Analysts were only expecting 3 cents per share, making this the second quarterly surprise in the past 4. Read More...
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Growth & Income - McDonalds Corp. (MCD) is set to report its second-quarter results on July 15, and if the company's first-quarter results, reported on Apr 22 are any indication, investors should be pleased. Read More...
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Momentum - Andersons Inc. (ANDE) a better than expected quarter drives analysts to boost their earnings estimates with current-year adding 21 cents, climbing to $2.07 per share. The next-year estimate is pegged at $2.53, a 22% earnings growth projection. Read More...
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Value - The Gymboree Corporation (GYMB) has a streak of 4 consecutive earnings surprises and has averaged a beat of 6.64%. Will it keep the streak alive when it reports its second quarter results in August? 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 Real Estate Funds
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See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
MIPS Technologies (MIPS)
Full Zacks research report: Read More...
- Bear Of The Day:
Altria Group (MO)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Business Consulting Services
With businesses in nearly every industry looking for ways to lower non-critical expenses, we expect the business consulting industry to face a challenging operating environment in the near term. We retain Sells on (EXBD), (NCI) and (CRAI). Read More...
- Statoil (STO) Buys Terminal in Bahamas
- Coca-Cola (KO) Expands in China
- Echelon (ELON) Wins More Smart-Grid Biz
INVESTMENT IDEAS: Turning Bling into Ka-Ching
Discover the best way to cash in your gold jewelry. Read More...
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Growth and Income
Size Matters: Market Capitalization Read More...
PeopleAndPicks.com:
VIP "MightyMo" is calling retail! "Our call is the retail sector is near a bottom...Why Retail?...some retail has done well in this downturn (the dollar stores, the large discount and warehouse stores)". Read More...
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
Zacks.com
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