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Dear Subscribers,
The market got back to its bullish ways on Tuesday and we are back near the old highs. After hours we got a stream of good earnings reports including a blockbuster positive surprise by Apple. This has the indices pointing higher to start the session on Wednesday. Looks like we have the strength to retest the recent highs. Can we push higher? My head says no, but my heart says yes. We'll see which of my organs is right soon enough.
Enjoy these top commentaries from Zacks.com:
• Apple Tops Consensus - Again
• Screen of the Week: What's Your Stock's Price Target?
• Top 5 Global Funds
• Zacks Rank Video: Value Stock Picks
Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
Today's Top Stories: Wednesday- April 21, 2010
ZACKS RANK BUY STOCKS
- Aggressive Growth - The Finish Line (FINL) reported earnings per share of 61 cents last quarter, topping the Zacks Consensus Estimate by 13 cents for a third consecutive earnings surprise. EPS rose more than 50% since the same period last year. Read More...
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Growth & Income - CSX Corporation (CSX) has 47 upward revisions to annual EPS estimates in the last seven days. Those revisions pushed the 2010 Zacks Consensus higher by 22 cents, or 6.7%, to $3.49 and the 2011 Zacks Consensus higher by 21 cents, or 5.3%, to $4.15. Read More...
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Momentum - RightNow Technologies, Inc. (RNOW) shares have been trending higher for most of the last year, recently hitting a new 52-week high at $19.99 before pulling back a bit. Analysts are optimistic on the company's ability to grow its earnings, with the next-year estimate projecting 132% earnings growth. Read More...
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Value - Gannett Inc. (GCI) reported first quarter results which beat the Zacks Consensus Estimate by 9 cents. Earnings per share were 50 cents compared to the Zacks Consensus of 41 cents. Given the results of the quarter, analysts have been raising estimates for both the second quarter and the full year. 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
- Top 5 Aggressive Growth Funds
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See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
- Bull Of The Day:
Darden Restaurants, Inc. (DRI)
Full Zacks research report: Read More...
- Bear Of The Day:
SINA Corporation (SINA)
Full Zacks research report: Read More...
- ZACKS INDUSTRY OUTLOOK: Semiconductor Stock Review - Apr. 2010
The SIA attributed the better-than-expected performance in 2009 to much superior inventory management than in the prior downturn, new product launches and strength in the consumer and PC markets toward the end of the year. Read More...
- Illinois Tool Works (ITW) Swings, Beats
- Yahoo! (YHOO) Beats Soundly on Ad Growth
- Marshall & Ilsley (MI) Loss Narrows
BEST OF ZACKS.COM PARTNER COMMENTARY
EDUCATION: Aggressive Growth
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Best,
Steve Reitmeister
Executive VP, Zacks Investment Research
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