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Zacks #1 Stocks on the Move 06/19/2013

Company Name Symbol %Change
SUMITOMO MIT SMFG
3.61%
SONIC FOUNDR SOFO
3.44%
SUPPORTCOM I SPRT
3.31%
RENEWABLE EN REGI
3.01%
NIPPON TELEG NTT
3.01%
Zacks ZACKS.COM
PROFIT from the PROS

Tactics that Work in Good Markets and Bad
 
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Dear Subscribers,

Stocks looked ready to rebound Friday morning after receiving a very healthy Durable Goods report. Plus 1st quarter GDP was revised up a notch to +1.9%. Yet the old empire across the pond keeps fouling things up. Now there are concerns about the amount of capital at some leading Italian banks. And with the Greece situation still unsettled, the US market headed into the red once again.

We continue to have a headline driven market in the short run. European issues will clearly be in focus. And on the home front things are quiet til later in the week when we get Jobless Claims on Thursday and ISM Manufacturing on Friday. It smells like more choppiness in the short run. Yet the fundamentals say that these are attractive prices for long run returns. Play accordingly.

Featured Commentaries on Zacks.com
•  New PFP-TV: Positive News, But Fed Downbeat Plus top picks of the week
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•  Top 5 Technology Mutual Funds

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Today's Top Stories: Monday- June 27, 2011

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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