Stocks are on pace to end the year in far better shape than where they were in January.
But, where will the market be at the end of 2009? Steve Reitmeister, Sheraz Mian and Kevin Matras give you their predictions.
Plus, find out what sectors and stocks you should be looking at right now.
Watch: Year End Predictions and Picks
Wishing you prosperity,
Charles Rotblut, CFA
Senior Market Analyst & Editor,
Profit From the Pros
Today's Top Stories: Tuesday- October 27, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Companhia Brasileira de Distribuicao (CBD) reported third quarter gross sales which rose 35.8% to R$6,866.2 million compared to the year ago period. Net sales jumped 38.2% year over year. Excluding the recently acquired Ponto Frio operations, gross and net sales climbed 11.8% and 15.1%, respectively. Read More...
Growth & Income - Coach (COH) recently reported fiscal first quarter results. Earnings per share of 44 cents surpassed the Zacks Consensus Estimate by 13%. The company has delivered an average upside earnings surprise of 5% over the past 4 consecutive quarters. Read More...
Momentum - Apple, Inc. (AAPL) sales were up 25% from last year to $9.87 billion. Earnings also came in strong at $1.82 per share, easily outpacing the Zacks Consensus Estimate of $1.43. Estimates jumped higher after the good quarter, with the current year adding 55 cents and moving to $7.60 per share. Read More...
Value - Lexmark International Inc. (LXK) reported third quarter results which surprised on the Zacks Consensus Estimate by 20 cents. Earnings per share were 65 cents compared to the Zacks Consensus of 45 cents. Earnings per share in the third quarter of 2008 were 63 cents. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
ZACKS MUTUAL FUND RANK
- Best of Funds: Top Income Equity Funds
Looking to add more income to your portfolio? Checkout Federated Market Opportunity A (FMAAX), Forester Value Fund (FVALX) and UBS PACE Alternative Strategies A (PASIX). Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
PERSONAL FINANCE: provided by Kiplinger.com
Assessing Value for Cyclical Stocks Read More...
VIP "LeveneOMurray" constructed a portfolio to weather the market storm including BUY calls as (AIG), (AGNC), (NTRI) and (UHS). Read More...
NEW ZACKS VIDEOS:
PROFIT TRACKS: Return on Equity
This strategy helps to find those companies with high and growing ROE. This is a solid indicator that management is creating assets rather than burning through revenues. Stocks covered are (COT), (JWN), (PRX) and (VCI). Read More...
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Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
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