Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 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
- Roundtable Top Picks of the Week
- FED Front & Center Again
- RTI: Sector Strength Charts - Where's the Opportunity Now?
- Surging Financial ETFs Beating the Market
- Utility Industry Stock Outlook - June 2013
- 3 Japanese Stocks to Buy Now
- Your Next Stock Should Be Making New Highs
- Anatomy of Success: Stoneridge (SRI)
- RTI: What Will the Fed Do Wednesday?
- AWS 6/18: Can the Fed Afford to Keep the Suspense?
- PFP 6/18: Wednesday Fed Watch
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 06/18/2013
| Company Name | Symbol | %Change |
|---|---|---|
| STAAR SURGIC | STAA | 10.98% |
| LUMOS NETWOR | LMOS | 5.70% |
| INSTEEL IND | IIIN | 5.28% |
| ERICKSON AIR | EAC | 5.10% |
| ASSURED GUAR | AGO | 4.98% |
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 Feb 16, Zacks Investment Research upgraded the food products company, ConAgra Foods Inc. (CAG - Analyst Report) to a Zacks Rank #1 (Strong Buy).
Why the Upgrade?
ConAgra has been witnessing rising earnings estimates on the back of strong fiscal second-quarter 2013 results and an enhanced guidance for fiscal 2013. Moreover, this well-known food products company has delivered positive earnings surprises in the past four straight quarters with an average beat of 8.9%. The long-term expected earnings growth rate for this stock is 7.9%.
ConAgra reported fiscal second-quarter (ended Nov 25) results on Dec 20. Earnings per share came in at 57 cents, surpassing the Zacks Consensus Estimate by 3.6% and year-ago earnings of 49 cents by 16.3%.
Earnings were primarily driven by improved potato operations, moderating inflation and contribution from acquired businesses. Based on its progress, the company upped its earnings per share projection for fiscal 2013 to at least $2.06 from prior expectations $2.03–$2.06.
Moreover, the strategic acquisition of Ralcorp Holdings Inc., a branded food company, completed last month, helps the company to become the market leader in packaged foods industry.
The Zacks Consensus Estimate for fiscal 2013 increased 2.9% to $2.12 per share as most of the estimates were revised higher over the last 60 days. The current estimate is much higher than the guidance provided by ConAgra, reflecting optimism about future earnings potential.
For fiscal 2014, around 75% of the estimates moved upwards over the same time frame, lifting the Zacks Consensus Estimate by 4.9% to $2.36 per share.
Other Stocks to Consider
The following food companies with favorable Zacks Rank are also performing well and are worth considering.
1) Chiquita Brands International Inc. (CQB - Snapshot Report) carries a Zacks Rank #1 (Strong Buy)
2) Flowers Foods Inc. (FLO - Snapshot Report) holds a Zacks Rank #1 (Strong Buy)
3) J&J Snack Foods Corp. (JJSF - Snapshot Report) holds a Zacks Rank #1 (Strong Buy).
Get the full Analyst Report on CAG - FREE
Get the full Snapshot Report on CQB - FREE
Get the full Snapshot Report on JJSF - FREE
Get the full Snapshot Report on FLO - FREE