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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%
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PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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Dear Subscribers,

On Friday investors repudiated the idea of being under Dow 12,000 as stocks leapt higher. However, I sense that it will not all be rosy going forward. Why?

*Stocks went up for 6 straight months and it's probably time for a break
*Plenty of things to worry about: European debt, Middle East tensions, oil prices, and US debt levels
*No vital economic news to trump the above fears until earnings season begins in early April.

So I expect there to be great volatility over the next few weeks as the bulls and bears wrestle for supremacy. Yet as I said last week, looking out to a longer term horizon I am very confident that stocks will continue on this two year bull run…and at least make it to their 3rd year anniversary. In the meantime buckle up for the bumpy ride. Just make sure don't get chased out of your favorite stocks just when they are ready to rebound.

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•  Ahead of Wall Street for March 14th - Start your week off right with the best insights & recommendation from our equity research team.

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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