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Zacks #1 Stocks on the Move 05/22/2013

Company Name Symbol %Change
ALLIANCE FIB AFOP
9.31%
SONIC FOUNDR SOFO
7.77%
TRI TECH HOL TRIT
6.62%
A M R CP AAMRQ
4.52%
FLOWERS FOOD FLO
4.31%
Zacks ZACKS.COM
PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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Dear Subscribers,

After a big rally on Tuesday, most would have expected some hefty profit taking on Wednesday. In that light a nearly breakeven finish is impressive. There is growing talk of a "Win-Win" scenario for the market. The belief is that if the economy rebounds on its own, then corporate profits and share prices will continue higher. On the flip side, if the economy weakens then the Fed will step in with more quantitative easing (playfully called "QE2") to help fuel growth. With this in mind the market has been rallying on days with good news and bad news alike.

Do I believe it's truly a win-win? No I don't. Certainly a self-recovering economy would be a positive. However, I am less confident in the effectiveness of QE2. The Fed used up all the best ammo the last time around. Now they will employ secondary tactics with less proven success (like buying up long dated Treasury bonds to lower their rates). For now I still believe the bias is towards the upside for the stock market. Then we will wait and see if QE2 is truly necessary. Hopefully not.

Now I'd like you to meet "Horse Dentist." He's a rising star of Zacks' investment community at www.PeopleAndPicks.com. A confirmed fan of the Zacks Rank, this retired engineer has used it to beat the market handily including huge winners like Mesabi Trust {MSB}. He picked MSB in February and it’s now a +138.4% gainer today! See all his recent picks at http://www.peopleandpicks.com/profile/horsedentist/

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

 

Today's Top Stories: Thursday- October 07, 2010

ZACKS RANK BUY STOCKS

  • Aggressive Growth - CarMax, Inc. (KMX) reported second-quarter results that showed a 13% increase in net sales, to $2.34 billion. Earnings per share came in at 48 cents, beating the Zacks Consensus Estimate by 8 cents. Read More...
     
  • Growth & Income - Albemarle Corp. (ALB) reported earnings per share of 89 cents, an increase of 117% over the same quarter in 2009. Net sales grew 33% over the same period. Gross margin improved from 24.7% to 31.8% in the period. Read More...
     
  • Momentum - SunOpta, Inc. (STKL) Q2 earnings came in strong at 11 cents, 57% ahead of the Zacks Consensus Estimate, pushing the company's average earnings surprise to 93% over the last three quarters. Read More...
     
  • Value - NN Inc. (NNBR) analysts moved to raise estimates. The 2010 Zacks Consensus jumped 43 cents to 73 cents per share in the last 60 days. This is expected earnings growth of 150.7% over 2009. Read More...
     

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INDUSTRY RANK: Here Comes the Sun

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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