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Fred’s Beats Resistance

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June 09, 2009 | Comment(s): 0
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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.

Read the full analyst report on FRED

 

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