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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• Netflix, Inc.’s (NASDAQ:NFLX) CEO Reed Hastings said that for the first time the company’s streaming service recorded over 1 billion hours last month. The announcement helped the Netflix shares gain 13.4%
• Reports that Apple Inc. (NASDAQ:AAPL) will launch a smaller iPad tablet at the end of this year helped the company’s shares jump 1.8% to cross the $600 level
• Visteon Corporation (NYSE:VC) will be making a near $800 million bid to acquire complete control of air-condition manufacturer Halla Climate Control
• Walgreen Company (NYSE:WAG) would pay roughly $438 million to buy a regional drugstore from Stephen L. LaFrance Holdings Inc
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