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Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%
Zacks ZACKS.COM
PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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Dear Subscribers,

The market was already in a bad mood Tuesday before the horrific July home sales numbers hit the wire at 10am ET. From there we plummeted right to Dow 10,000 and then bounced back...a little. I wish that Dow 10,000 had a better track record of providing support. Unfortunately we have gone through it many times like a hot knife through butter. And right now the Bears are hungry. So I suspect we are going to have a trip under. Probably on our way to test those lows from July 2nd at Dow 9600. Again, my fundamental view says there is no good reason for the market to fall further than that. It's not to say that everything is rosy out there. But after 2nd quarter earnings season estimates went higher for the broader market which is bullish and bond rates plummeted. Plain and simple, stocks are a better value than bonds...by a mile. So I will be looking for buying opportunities on any upcoming dips.

Discover these top commentaries from Zacks.com:
•  Home Sales Plunge, Prices to Follow
•  Top 5 European Mutual Funds
•  Zacks Rank Video: Value Stock Picks

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

p.s. Hey, have you checked out my "Double Your Money" stock portfolio? No time like the present. Click here to learn more about "Zacks Double Your Money"

 

 

Today's Top Stories: Wednesday- August 25, 2010

ZACKS RANK BUY STOCKS

  • Aggressive Growth - Applied Industrial Tech (AIT) fourth-quarter net income jumped 56% to almost $66 million. Full-year earnings per share were $1.54 and the company finished strong with fourth-quarter earnings rising 23% to $523 million. Read More...
     
  • Growth & Income - DDi Corporation (DDIC) reported second quarter results that surprised on the Zacks Consensus by 52.6% for a second quarter in a row. Sales rose 84% to $68.4 million compared to the second quarter of 2009. Read More...
     
  • Momentum - Amerigroup Corp. (AGP) second-quarter earnings came in strong at $1.31, 111% ahead of the Zacks Consensus Estimate. The company now has an average earnings surprise of 113% over the last three quarters. Read More...
     
  • Value - HealthSpring Inc. (HS) reported its second quarter results which beat the Zacks Consensus Estimate by 40 cents. Premium revenue rose 12.6% to $756.3 million from the year ago quarter. Read More...
     

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ZACKS MUTUAL FUND RANK
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    Top 5 T Rowe Price Mutual Funds Read More...

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BEST OF ZACKS EQUITY RESEARCH
  • Bull Of The Day: JAKKS Pacific (JAKK)
    Full Zacks research report: Read More...

  • Bear Of The Day: BJ's Wholesale Club (BJ)
    Full Zacks research report: Read More...

  • ZACKS INDUSTRY OUTLOOK: Medical Devices Industry Outlook - August 2010
    With a slew of new products, the big three players (MDT), (BSX) and (STJ) in the implantable cardioverter defibrillator {ICD} market are well positioned to gain market share, despite the sluggish business environment. Read More...

  • LGL Group (TRV) Shifting with the Times
  • AutoNation (AN) Upgraded to Outperform
  • Toyota (TM): Recall Rerun?

 


 

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BEST OF ZACKS.COM PARTNER COMMENTARY

EDUCATION: Aggressive Growth

Earnings Manipulation Read More...

PeopleAndPicks.com:

VIP "dmonnie" is wading through the market mud to profit with the BUY calls in (SDS), (TLT) and (VXX). Read More...

 

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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