Dear Subscribers,

Why was the market down so much on Friday? If you ask 10 investors, then you will get 10 completely different answers…and that means there is no logical answer. Long story short, the market goes up and down on a daily basis with no great rhyme or reason. But as you look out across time it starts to make sense.

The important things to focus on going forward are: The trend is still your friend. Intel's gangbuster earnings tells you more about corporate American profits than Alcoa's. And most economic indicators point to improvement.

Top commentaries from Zacks.com:

Today's Top Stories: Monday- January 18, 2010

ZACKS RANK BUY STOCKS

• Aggressive Growth - Cognizant Tech (CTSH) Zacks Consensus Estimate for full year 2009 jumped 8 cents, to $1.75. Projections for 2010 rose 15 cents to $1.98. If Cognizant reaches these levels the growth rates would be 22% for 2009 and another 13% in 2010. Read More...
   
• Growth & Income - Phillips-Van Heusen Corporation (PVH) recently boosted its earnings guidance for the fourth quarter and full year, and analysts followed suit. Shares have outpaced the market by more than 100% over the past year. Read More...
   
• Momentum - Helen of Troy Ltd. (HELE) fiscal third-quarter earnings came in strong at 80 cents, 8 cents ahead of the Zacks Consensus Estimate. The company has beat in each of the last four quarters by an average of 14 cents, or 58%. Read More...
   
• Value - EZCORP, Inc. (EZPW) for fiscal 2010, the company forecast earnings per share in the range of $1.65 to $1.69. The 2010 Zacks Consensus is at the high end of that range, at $1.69 per share. The stock is cheap, trading at just 10.8x forward earnings. EZCORP has a price to book ratio of 2.0 and a PEG ratio only 0.69. Read More...
   

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

• Best of Funds: Top Pacific Equity Funds
  Invest in the Pacific Rim with T. Rowe Price New Asia (PRASX), Matthews Pacific Tiger Fund (MAPTX) and Fidelity Advisor Emerging Asia A (FEAAX). Read More...
  

See all the great mutual fund resources.

• Bull Of The Day: Xilinx, Inc. (XLNX)
  Full Zacks research report: Read More...
  
  
• Bear Of The Day: Accuray, Inc. (ARAY)
  Full Zacks research report: Read More...
  
  
• ZACKS INDUSTRY OUTLOOK: e-Commerce Stock Review - Jan. 2010
  The industry is still evolving, so data collection and evaluation are particularly difficult. We look favorably on (AMZN), (EXPE), (GOOG), (VCLK) and (YHOO). Read More...
  
  
• Delphi (DFG) Issues Senior Notes
• Skechers (SKX) Sees Robust 4th Quarter
• Initiating Autodesk (ADSK) at Neutral

• Health-Care Rationing Is Inevitable
• Haggling May Help Lower Bills

EDUCATION: Aggressive Growth

"Short-Selling" Stocks Read More...

PeopleAndPicks.com:

VIP "MightyMo" is staying ahead of the market drop with his BUY calls in (ECH), (LEG), (MEE) and (STEC). Read More...

• Momentum Stock Picks-Jan. 14, 2010
• Growth & Income Stock Picks-Jan. 13, 2010
• Broker Recommendations vs. Zacks Rank

EARNINGS PREVIEW Earnings Take Center Stage

Light economic data and many major bellwethers reporting means that earnings will be very much in focus. Stocks covered include (AXP), (BAC), (FCX), (GE), (GS) and (IBM). Read More...

FACEBOOK

Visit the Zacks.com Facebook page and get the latest insight on stocks and the market:
Zacks On Facebook

TWITTER

Get the Zacks.com newsfeed delivered straight to your Twitter account:
Zacks On Twitter

OTHER ZACKS RESOURCES:

• Read current and past issues of this newsletter online
• Zacks.com Home Page
• All Zacks #1 Rank Buy Stocks (Premium)
• Just Released: Top 10 Stocks for 2010. These powerful long-term stocks for 2010 have just been announced. Our top picks for 2009 generated a +34.1% return. Learn more now.
• Research Wizard: Zacks proven super strategies produce average yearly gains of +18.1%, +35.4%, +64.8%, and +85.3%. Use them FREE now >>

Manage your Profit from the Pros subscription:

• Free Subscription
• Would you like to give us input on new products and features for Zacks.com?
• Unsubscribe

REFER-A-FRIEND

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

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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.

Visit /performance for information about the performance numbers displayed in this newsletter.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

To contact us by mail:

Zacks Investment Research
Attn: Profit from the Pros
111 N. Canal St., Suite 1101
Chicago, IL 60606

To unsubscribe from receiving "Zacks.com Profit from the Pros"
e-mail newsletter, Click here....