Dear Subscriber,

That was a great rally we had yesterday, led by strong earnings from Intel (INTC).

Of course, those of you who regularly follow the Zacks Industry Rank already knew analysts were becoming more optimistic about semiconductor companies. A month ago, earnings estimate revisions were signaling that second-quarter earnings could be surprisingly good.

And just as the Zacks Industry Rank can tell you which groups will help you profit, it can also tell you which groups to avoid.

For instance, during the past few weeks, brokerage analysts have cut their full-year profit forecasts on more than 100 regional banks. I explain why in this week's Industry Rank Analysis.

Read: Regional Banks: Outlook Still Uncertain.

Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros

Today's Top Stories: Thursday- July 16, 2009

ZACKS RANK BUY STOCKS

• Aggressive Growth - Perfect World Co., Ltd. (PWLD) earned $31.5 million first quarter rendering an EPS of 56 cents, beating expectations by 11 cents. It was the seventh surprise in the only 7 quarters the company has reported. Read More...
   
• Growth & Income - Corning Incorporated (GLW) just declared a quarterly dividend of 5 cents per share, noting that it is payable September 30 to holders of record on August 31. The company offers an industry-leading dividend yield of 1.3. Read More...
   
• Momentum - RINO International Corp. (RINO) noted that its balance sheet strengthened considerably, with cash and equivalents up 142% from last year to $47.9 million. Cash flow from operations increased to $27.6 million, up from $3.6 million. Read More...
   
• Value - Middleby Corporation (MIDD) reported first quarter results that easily surprised on Wall Street estimates by 51.67%. Earnings per share were 91 cents compared with analysts' estimates of 60 cents. Read More...
   

Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...

• Best of Funds: Top Aggressive Growth Equity Funds
  Add some Aggressive Growth to your portfolio with Waddell & Reed Adv New Concepts A (UNECX) and Transamerica Premier Focus Inv (TPAGX). Read More...
  

See all the great mutual fund resources.

• Bull Of The Day: CDC Corporation (CHINA)
  Full Zacks research report: Read More...
  
  
• Bear Of The Day: Overstock.com (OSTK)
  Full Zacks research report: Read More...
  
  
• ZACKS INDUSTRY OUTLOOK: Automotive Industry
  AutoZone (AZO) is a Buy due to improving same-store sales and a resurgence in the used car and auto parts market. TRW Automotive (TRW) is a Buy due to restructuring. Read More...
  
  
• YUM! Brands (YUM) Beats, but Lowers Guidance
• Immucor (BLUD) Replies to FDA Notice
• PetroChina (PTR) Sees Refining Upturn

• The Long-Distance Caregiver
• Score Big Savings on Health Coverage

EDUCATION: Growth and Income

Understanding Dividend Dates Read More...

PeopleAndPicks.com:

VIP "MightyMo" is making the call! "You know, bloggers run into streaks just like other concerns. Sometimes you can be in sync and make a number of good calls and other times you're just wrong. I'm currently on a winning streak". Read More...

• Regional Banks: Outlook Still Uncertain
• Aggressive Growth Stock Picks-July 14, 2009
• Why is this Earnings Season So Important?

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Regards and Happy Investing,

Charles Rotblut, CFA
Senior Market Analyst
Zacks.com

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