Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for May, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- Spotlight on Market and Fed Exit Plan
- This Week's Top Value Stocks
- Anatomy of Success: National Retail Properties
- RTI: Buy or Sell: Bank of America (BAC)
- The Best ETF to Play Japan's Surge
- Roundtable Top Picks of the Week
- Top-Rated Zacks Rank Sectors
- Double-Down on These Gaming Stocks
- Railroad Industry Stock Outlook - May 2013
- PFP 5/15: Why Hit New Highs on Tuesday?
- AWS 5/14: Thinking of Life Without QE
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/14/2013
| Company Name | Symbol | %Change |
|---|---|---|
| INTEROIL COR | IOC | 9.57% |
| INFORMATION | III | 9.47% |
| A M R CP | AAMRQ | 6.83% |
| SCIENTIFIC L | SCIL | 5.26% |
| PACER INTL I | PACR | 5.23% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
On January 1, Zacks Investment Research upgraded Eagle Materials Inc. ( EXP - Snapshot Report ) to a Zacks Rank #1 (Strong Buy) as the stock continues to gain momentum from improving housing fundamentals.
Why the Upgrade?
Eagle Materials reported solid second quarter fiscal 2013 results and appears set to do well again when it reports third quarter results later this month.
On October 29, Eagle Materials reported fiscal second quarter (ended September 30, 2012) earnings of 49 cents per share. The earnings beat the Zacks Consensus Estimate by 4.26%. The result soared 250.0% from the prior-year quarter, driven largely by wallboard pricing gains, higher volumes in all lines of business and lower recycled fiber input costs.
Net sales came in at $165.0 million, up 22.0% from the prior-year quarter, driven by higher demand for its products as well as increased selling prices.
Estimates are continuously rising, reflecting expectations for significantly higher year-over-year earnings growth rates in fiscal 2013 and 2014.
Over the last 90 days, the Zacks Consensus Estimate for fiscal 2013 has gone up by 5.1% to $1.64, reflecting year-over-year growth rate of 198.4%. The Zacks Consensus Estimate for fiscal 2014 has advanced 12.7% to $2.57 over the same time frame, reflecting year-over-year growth rate of 56.6%.
The U.S. housing industry is improving steadily. Demand for new home construction is gaining traction, which is leading to higher demand for Eagle Materials’ products. Home prices have also started moving up lately with market demand gaining momentum.
The company has bright prospects ahead thanks to an improving end-market outlook, cost reduction efforts and an acquisition-based growth strategy. Moreover, the acquisition of two cement plants from Lafarge North America late last year is expected to increase Eagle Materials’ cement capacity by approximately 60%, thereby allowing it to take advantage of the U.S. construction industry’s recovery.
Eagle Materials will report its fiscal third quarter results on January 29. The Zacks Consensus Estimate at the moment is 43 cents per share. With a favorable Zacks Rank and Earnings ESP of 4.7%, Eagle Materials looks poised to beat the Zacks Consensus Estimate in the quarter.
Other Stocks to Consider
Eagle Materials’ peer Masco Corporation ( MAS - Analyst Report ) , which carries a Zacks Rank #2 (Buy) is also performing well and is worth considering.
Read the full reports :
Analyst Report on MAS
Snapshot Report on EXP