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Zacks #1 Stocks on the Move 06/18/2013

Company Name Symbol %Change
STAAR SURGIC STAA
10.98%
LUMOS NETWOR LMOS
5.70%
INSTEEL IND IIIN
5.28%
ERICKSON AIR EAC
5.10%
ASSURED GUAR AGO
4.98%
Zacks ZACKS.COM
PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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Dear Subscribers,

Investors digested a mixed bag of earnings announcements resulting in a breakeven finish Wednesday. Certainly the Apple and Morgan Stanley surprises got the most press yet there were some duds sprinkled in like Abbott, Wells Fargo and Yahoo. After hours reports are skewing to the negative side with market indices pointing lower for the morning. But as we all know that could turn around on a dime. Besides earnings there are two other things looming on the horizon. Weekly Jobless Claims spiked up last week and the new reports will be important this Thursday and next. Then on Friday 4/30 we get the initial reading of 1st quarter GDP. The results of these reports will certainly effect market direction going forward.

Now let's check in with "Jai H" from our investment community at www.PeopleAndPicks.com . Jai H always screens for stocks with a #1 Zacks Rank, and has remarkable numbers to show for it. Since last September he has been racking up profits by picking winners a stellar 88% of the time. See all of his current picks at http://www.peopleandpicks.com/profile/JaiH/

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

 

Today's Top Stories: Thursday- April 22, 2010

ZACKS RANK BUY STOCKS

  • Aggressive Growth - Arrow Electronics (ARW) received 5 upward estimate revisions for the current quarter and 9 for the full year. The Zacks Consensus Estimate for the quarter is currently, 59 cents which is 65% higher than the same quarter one year ago. Read More...
     
  • Growth & Income - Microchip Technology (MCHP) increased its GAAP earnings per share guidance to $0.37 from $0.34-$0.36. On a non-GAAP basis, Microchip guided to EPS of $0.42, up from $0.39-$0.41. Management expects sales to be up 8% sequentially, compared to its previous guidance of 3% to 7%. Read More...
     
  • Momentum - Cree Inc. (CREE) third-quarter sales were up 78% from last year to $234 million and earnings came in at 43 cent, 10% ahead of the Zacks Consensus Estimate. Cree has surprised in each of the last four quarters by an average of 24%. Read More...
     
  • Value - The Andersons Inc. (ANDE) Zacks Consensus Estimate has moved up a penny to 51 cents in the last week as 1 estimate moved higher in that time. Analysts appear to be optimistic on the company as they see earnings per share growth of 29.9% in 2010. Read More...
     

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BEST OF ZACKS EQUITY RESEARCH
  • Bull Of The Day: Microchip Technologies (MCHP)
    Full Zacks research report: Read More...

  • Bear Of The Day: Diageo Plc - ADR (DEO)
    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...

  • KeyCorp's (KEY) Loss Shrinks
  • Altria (MO) Misses Narrowly
  • SunTrust (STI) Beats, Loss Narrows

 


BEST OF ZACKS.COM PARTNER COMMENTARY

EDUCATION: Growth and Income

Paying Attention to Free Cash Flow Read More...

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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.

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