Why was the market down on Monday and Tuesday? Because even though its clearly in a bull rally, it's not going to rise every single day. And when you consider how smooth and steady the gains have been since early September, then it makes sense for the market to be rough for a little stretch to test investor conviction. I still see more upside in the market through year's end. And even more looking out 12-18 months. So I hope you hang in there through these rough patches to enjoy more gains in the months ahead.
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Today's Top Stories: Wednesday- November 10, 2010
ZACKS RANK BUY STOCKS
- Aggressive Growth - Coinstar Inc. (CSTR) said its top line grew 42% , to $380 million, during the third quarter. Investors were more than happy with earnings per share coming in 15 cents higher than expected, at 66 cents. Read More...
Growth & Income - Kaman Corp (KAMN) recently delivered third quarter earnings per share of $0.49, beating the Zacks Consensus Estimate by 26%, driven by double-digit sales growth and an expanding operating margin. Read More...
Momentum - Ameriprise Financial, Inc. (AMP) Q3 earnings came in at $1.37, 28% ahead of the Zacks Consensus Estimate, where the company now has an average earnings surprise of 31% over the last four quarters. Read More...
Value - MasTec Inc. (MTZ) reported its fourth straight earnings surprise with earnings per share coming in at 35 cents, well ahead of the Zacks Consensus of 28 cents. This was also a 30% increase from the year ago period. Read More...
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ZACKS MUTUAL FUND RANK
- Top 5 Government Bond Mutual Funds
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