Dear Subscriber, Industry Rank: The Return of the Living Dead
Wednesday marked the 3rd day in a row that the Dow pressed to new highs. Yet every day there are more articles written about this rally getting into bubble territory. How is this a bubble? Earnings estimates for the S&P 500 next year currently look like $79. If that is true then the market is trading at a PE of 13.9. I'm not saying that's cheap, but one would be hard pressed to call that a bubble.
Now let me roll out the red carpet for today's top commentaries:
Video: Growth & Income Stock Picks- Nov. 11, 2009
Executive VP, Zacks Investment Research
Today's Top Stories: Thursday- November 12, 2009
ZACKS RANK BUY STOCKS
- Aggressive Growth - Jo-Ann Stores Inc. (JAS) reported third quarter sales had risen 6% to $509.1 million from $480.1 million in the year ago period. Same store sales climbed 4.3% compared with a 1.5% decrease in the third quarter of 2009. Read More...
Growth & Income - Phillips-Van Heusen Corp. (PVH) is seeing higher forecasts ahead of reporting third-quarter results next week. The full-year Zacks Consensus Estimate of $2.49 per share was increased from last month's $2.46. Read More...
Momentum - Group 1 Automotive Inc. (GPI) earnings came in strong at 71 cents per share, one penny ahead of the Zacks Consensus Estimate. The company has beat in each of the last four quarter by an average of 7 cents, or 202%. Read More...
Value - NBTY Inc. (NTY) reported fiscal fourth quarter results which easily beat on the Zacks Consensus Estimate by 12.05%. Earnings per share were 93 cents compared to the Zacks Consensus of 83 cents. EPS was 28 cents in the year ago period. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
Value Investor Alert
Since mid 2007, while the market plunged -23.5%, this strategy actually gained +36.0%. During 2009, when the market finally rose +19.3%, our value picks DOUBLED it with a whopping+38.5% gain in just 9 months. Market up, market down – this strategy has always won. Don't miss out.
Get facts now >>
ZACKS MUTUAL FUND RANK
- Best of Funds: Top Diversified Bond Funds
Diversify your portfolio with Franklin Strategic Income A (FRSTX), MainStay Diversified Income A (MASAX) and PL Managed Bond A (PPBAX). Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
PERSONAL FINANCE: provided by Kiplinger.com
EDUCATION: Growth and Income
The Power of Dividend Yields Read More...
Player "TickerBandit" sees a correction on the horizon. "It's always great to see bearishness top 50% like it did last week and these kinds of sentiment readings are often followed by persistent rally...But I lean slightly to further correction..." Read More...
NEW ZACKS VIDEOS:
Visit the Zacks.com Facebook page and get the latest insight on stocks and the market:
Zacks On Facebook
Get the Zacks.com newsfeed delivered straight to your Twitter account:
Zacks On Twitter
OTHER ZACKS RESOURCES:
Manage your Profit from the Pros subscription:
If you enjoy this e-mail newsletter, then please pass it along to a friend. Simply forward them the link below to sign up for their own free subscription. THANKS!
Refer a Friend
Regards and Happy Investing,
Charles Rotblut, CFA
Senior Market Analyst
p.s. What is the mission for Zacks Profit from the Pros?
To find out how we will help you become a more successful investor, click here.