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
- What is the Stock Market's Achilles Heel?
- 3 Dividend Stocks at Reasonable Prices
- RTI: Are You Doing the Elon Musk Trade?
- Buy These ETFs to Profit from "Sector Rotation"
- Oil & Gas Industry Stock Outlook - May 2013
- Uncharted Territory
- 4 Ways to Short Oil with ETFs
- Options Strategies & the Zacks Rank
- This Week's Growth & Income Stocks
- AWS 5/17: The Fed: The Only Game in Town
- PFP 5/17: The ONLY Investment Story
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 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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.
Zacks Investment Research downgraded Family Dollar Stores Inc. ( FDO - Analyst Report ) to a Zacks Rank #5 (Strong Sell) on Jan 12, 2013.
Why the Downgrade?
Family Dollar has witnessed a sharp downward revision in estimates after posting lower-than-expected first-quarter fiscal 2013 results on Jan 3, 2013, that prompted management to take a conservative stance on its future earnings.
The quarterly earnings of 69 cents a share missed the Zacks Consensus Estimate of 74 cents but inched up 1.5% from 68 cents earned in the prior-year quarter. The earnings also came in at the lower-end of the previously provided guidance range of 69 cents to 78 cents due to gross margin pressure coupled with anticipated headwinds related to insurance expenditure.
The increase in sales of lower margin merchandises weighed upon the company’s gross margin that contracted approximately 120 basis points to 34.1% during the quarter under review. Increased discounts and higher inventory shrinkage also hurt the margins. For fiscal 2013, management expects gross margin to remain under pressure.
Management anticipates earnings between $1.18 and $1.28 for the second quarter and in the band of $3.95 to $4.20 per share for fiscal 2013. The company had earlier forecasted fiscal 2013 earnings between $4.10 and $4.40 per share.
The Zacks Consensus Estimate for the second and third quarters of fiscal 2013 dropped 11.5% and 2.5% to $1.23 and $1.19 per share, respectively, over the past 30 days. Moreover, for fiscal 2013 and 2014, the Zacks Consensus Estimate fell by 6.1% and 7.3% to $3.99 and $4.47 per share, respectively, over the same time frame.
Other Stocks to Consider
Not all discount store chains are performing as disappointingly as Family Dollar. Big Lots Inc. ( BIG - Analyst Report ) , Ross Stores Inc. ( ROST - Snapshot Report ) and The TJX Companies Inc. ( TJX - Analyst Report ) look promising and are expected to continue with their upbeat performances in the coming quarters. These stocks hold a Zacks Rank #2 (Buy).
Read the full reports :
Analyst Report on FDO
Snapshot Report on ROST
Analyst Report on BIG
Analyst Report on TJX