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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• Alcoa Inc. (NYSE:AA) gained 6.2% after reporting first-quarter 2012 earnings of $0.10 per share, surpassing the Zacks Consensus Estimate of a loss of $0.04 per share
• Shares of Owens-Illinois, Inc. (NYSE:OI) rose 6.9% after forecasting first-quarter 2012 earnings of $0.67 per share. The Zacks Consensus Estimate for the same is pegged at $0.50 per share
• Lennar Corp. (NYSE:LEN) soared 5.1% after it announced a quarterly cash dividend of $0.04 per share for Class A and Class B common stock payable on May 9, 2012
• Shares of Nokia (NYSE:NOK) fell 15.7% after it declared an operating loss of about 3% of sales on mobile handsets in the first quarter. The company is not expecting better results for the second quarter
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