You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
|No Recent Quote currently available|
My Portfolio Tracker
One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.
Feb 11, 2013 (SmarTrend(R) News Watch via COMTEX) -- A week ago on February 1st, 2013 Franklin Resources (NYSE:BEN) reported earnings and analysts, on average, expected earnings of $2.38 on sales of $1.9 billion. Franklin Resources actually reported earnings of $2.42 per share on sales of $1.9 billion, beating EPS estimates by $0.04 and beating revenue estimates by $50.1 million. Since the company's report, shares of Franklin Resources have risen from $139.77 to $140.20, representing a gain of 0.3% in the past 10 days.
Franklin Resources share prices have moved between a 52-week high of $140.81 and a 52-week low of $100.91 and are now trading 39% above that low price at $140.20 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.
SmarTrend recommended that subscribers consider buying shares of Franklin Resources on November 2nd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $132.81. Since that recommendation, shares of Franklin Resources have risen 5.6%. We continue to monitor BEN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at email@example.com
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
Copyright, Comtex News Network, Inc. 2013
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Copyright 2014 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.