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Fred’s Beats Resistance
Fred’s Inc. (FRED - Analyst Report) gained more than 1% this morning and was trading above a short-term level of resistance at $13.05 on unusually low volume. The average forecast on the company’s full-year profit has gone up by 3 cents per share to 78 cents in the last month. Fred’s is a Zacks#2 Rank (“Buy”) stock.
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| Market Summary | Nov 22, 2009 19:48 pm ET |
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