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Zacks #1 Stocks on the Move 05/20/2013

Company Name Symbol %Change
ORBOTECH LTD ORBK
10.86%
SONIC FOUNDR SOFO
9.45%
VIPSHOP HOLD VIPS
9.20%
RENEWABLE EN REGI
8.98%
EAGLE BULK S EGLE
7.84%
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Tactics that Work in Good Markets and Bad
 
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Top of the Range... AGAIN

With things all quiet on the European front Tuesday, investors were able to focus on corporate earnings. As I expected, companies are beating the modest expectations propelling shares higher once again. So here we are back at the top end of the recent range.

Will we finally breakout higher?

Yes, if troubles don't bubble up in Europe and earnings are as good as we saw on Tuesday.

No, if we see more European hiccups or earnings weaken from the early showings.

It really is as simple as that.

Featured Commentaries on Zacks.com
•  3 Stocks with Techno-Fundamental Strength
•  Screen of the Week: PEG vs. P/E
•  Growth & Income Stock Picks-Oct. 18, 2011

Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

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