The Fed will release its statement at about 2:10 this afternoon.
Both Dirk van Dijk and I both expect rates to stay unchanged. However, this does not mean there will not be a reaction to the wording of the statement. Dirk tells you what to keep an eye out for in the Analyst Blog.
Read: Fed Staying on Hold, Housing Up
One of the factors that could separate the winners from the losers during third-quarter earnings season is revenues. Companies that report both better-than-expected revenue and earnings are more likely to be rewarded than those that merely deliver positive earnings surprises.
Kevin Matras tells you what 5 companies could deliver a double surprise, and shows you how to find more like them.
Read: Earnings & Sales Surprises on the Rise
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Wednesday- September 23, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - America's Car Mart, Inc. (CRMT) announced first-quarter results for the fiscal year, they included net income of $7.0 million. This was up from $5.3 million one year ago. Earnings per share were 50 cents, up from 45 cents last year. Read More...
Growth & Income - NewMarket Corporation (NEU) continues to see higher Zacks Consensus Estimates as it trades near a 52-week high. Analysts polled by Zacks are calling for 2009 earnings of $8.14 per share, an increase of 30% over the past 2 months. Read More...
Momentum - Universal Healthcare Services, Inc. (UHS) second-quarter revenue was up 3% from last year to $1.3 billion. Earnings came in strong at $1.44 per share, 31 cents ahead of the Zacks Consensus Estimate. The company has beat in each of the last 3 quarters by an average of 17%. Read More...
Value - RockTenn Company (RKT) is attractively valued, with a forward P/E of 10.71 and is trading with a price-to-book ratio of 2.45. The company also has a solid 5-year average return on equity (ROE) of 11.65%. As an added bonus, the company also pays a dividend with a current yield of 0.80% Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
The 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 grow 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 Kings Changing the Face of Retail.”
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ZACKS MUTUAL FUND RANK
- Best of Funds: Top Small-Cap Equity Funds
For small caps with big potential, consider Buffalo Small Cap (BUFSX), Dean Small Cap Value A (DASCX) and Delaware Pooled Small-Cap Growth Equity (DPSGX). Read More...
- Best Of Fund Family
Learn about some of the Zacks Mutual Fund #1 Rank (Strong Buy) funds from Franklin Templeton, including Franklin Biotechnology Discovery A, Franklin Real Estate Securities A and Templeton Developing Markets A. Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Aggressive Growth
There's More to Aggressive Growth Than Technology Read More...
VIP "MightyMo" is gathering alphabet profit with BUY calls in (ABD), (BKD), (CENX) and (GCI). Read More...
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Charles Rotblut, CFA
Senior Market Analyst
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