Profitable Trade In OTEX
A 12% gain in Open Text Corporation (OTEX) was booked yesterday in the Timely Buys List.
OTEX was recently downgraded to Zacks #2 Rank ("buy"), making it no longer eligible to remain in the trading portfolio. A recent negative revision to 2010 earnings estimates by one of the covering analysts led to the downgrade.
The Timely Buys List only holds Zacks #1 Rank ("strong buy") stocks that are also held in the Zacks Elite Focus List.
Read the full analyst report on OTEX

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