This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
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•General Motors (NYSE:GM) announced that its underwriters exercised their greenshoe option to purchase an additional 71.7 million shares, helping the formerly bankrupt auto company notch up a record $23 billion
•Quantas resumed flights of its Airbus A380 aircraft, the first since an explosion of an engine on November 4 caused an emergency landing and forced a review of the entire A380 fleet
•Shares of FedEx (NYSE:FDX), Ameriprise Financial (NYSE:AMP) and Steve Madden (NASDAQ:SHOO) may get a boost after a positive mention in this week's edition of Barron's
•Deere (NYSE:DE) catches an upgrade from "Market Perform" to "Outperform"
•Wal-Mart (NYSE:WMT) announced it has offered to acquire 51% of South African retailer Massmart
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