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Zacks #1 Stocks on the Move 06/19/2013

Company Name Symbol %Change
SONIC FOUNDR SOFO
4.40%
SUPPORT.COM SPRT
3.75%
UNISYS UIS
3.31%
SHORETEL INC SHOR
3.22%
GREEN MTN CO GMCR
3.13%
Zacks ZACKS.COM
PROFIT from the PROS

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Dear Subscriber,

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:

  • Industry Rank: The Return of the Living Dead

  • Video: Growth & Income Stock Picks- Nov. 11, 2009


  • Best,

    Steve Reitmeister
    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...


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    ZACKS MUTUAL FUND RANK
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    BEST OF ZACKS EQUITY RESEARCH

     


    PERSONAL FINANCE: provided by Kiplinger.com

    EDUCATION: Growth and Income

    The Power of Dividend Yields Read More...

    PeopleAndPicks.com:

    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...

     

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    Regards and Happy Investing,

    Charles Rotblut, CFA
    Senior Market Analyst
    Zacks.com

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