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Dear Subscribers,
4th Quarter GDP came in at a stunning +5.7% versus +4.5% estimate. Yet the market tumbled further towards Dow 10,000. Raise your hand if this turn of events befuddles you. Don't be shy, because you are not alone. This brings to mind a great quote from the famous scientist, Sir Isaac Newton, who lost a ton of money on the South Seas stock bubble 280 years ago. After that financial debacle he said, "I can calculate the movement of the stars, but not the madness of men." Such is the case here. The economy is improving and this news "should" have brought an end to the recent down leg. What does this all mean for the new month of February? We'll have to discover that together.
Start the month with some of the best investment commentaries on Zacks.com:
•  Fastest Economic Growth in Years
•  Where the GDP Growth Came From
•  Earnings Preview: Heart of Earnings, Jobs in Focus
Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
Today's Top Stories: Monday- February 01, 2010
ZACKS RANK BUY STOCKS
- Aggressive Growth - Cnooc Ltd. (CEO) full-year estimates for 2009 are up 36 cents, to $9.99, for 2009. Next year's projections are averaging $14.47, up from $13.30. Comparing these levels to the 14 cents earned in 2008 and you have earnings increasing more than 100 times over a 2-year period. Read More...
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Growth & Income - Tiffany & Co. (TIF) recently announced a dividend hike of 18%. The quarterly dividend was increased from 17 cents to 20 cents and will be paid on April 20. Read More...
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Momentum - Asiainfo Holdings, Inc. (ASIA) fourth-quarter sales for the quarter were up 42% from last year to $76.3 million. Earnings also came in strong at 34 cents per share, a 70% increase from last year and 5 cents ahead of the Zacks Consensus Estimate. Read More...
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Value - Bob Evans Farms Inc. (BOBE) still has attractive value characteristics. The company is trading with a forward P/E of 12.4 and a price-to-book ratio of 1.39. Bob Evans also has a 1-year return on equity (ROE) of 11.76%. The company's dividend is currently yielding 2.50%. 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
- Best of Funds: Top Small-Cap Equity Funds
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See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
Helmerich & Payne (HP)
Full Zacks research report: Read More...
- Bear Of The Day:
GlaxoSmithKline (GSK)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Pharma & Biotech Stock Review
The next five years are expected to reflect a significant imbalance between new product introductions and patent losses. We discuss (JNJ), (PFE), (MRK), (BIIB) and (GILD). Read More...
- Chubb (CB) Betters Expectations
- Fortune (FO) Tops, Guidance Falls
- Dover (DOV) Sees End-market Recovery
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EDUCATION: Aggressive Growth
Dividing Stock Shares Into “Splits” Read More...
PeopleAndPicks.com:
VIP "Eversar" traveling ahead of the market implosion with BUY calls in (EWBC), (GNW), (HRS) and (TLAB). Read More...
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Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
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