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Tale of the Tape  

Vivo Beats Resistance

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April 14, 2009 |Comments: 0
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Vivo Participacoes SA (VIV) rose marginally this morning to move past a short-term level of resistance at $15.11. VIV is a Zacks#1 Rank (“Strong Buy”) stock. Despite the ongoing economic downturn, analysts have consistently raised their forecast on the company and now see its earnings growing by nearly 65% to $1.61 per share in 2010.

 
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