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
- 3 Top-Ranked Consumer ETFs to Buy Now
- This Week's Top Value Stocks
- RTI: When Will We Finally See a Pullback?
- RTI: When is the Fed's "Taper Telegraph" Coming?
- Insurance Industry Stock Outlook - May 2013
- Top Stocks with Big Potential Catch-Up Moves
- Roundtable Top Picks of the Week
- The Mega-Rally Rolls On
- Biotechnology ETF Investing 101
- AWS 5/22: Will Bernanke Show His Hand?
- PFP 5/22: Singular Stock Focus Continues
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 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 16.09% |
| A M R CP | AAMRQ | 9.04% |
| JAZZ PHARMAC | JAZZ | 5.30% |
| DIXIE GROUP | DXYN | 5.59% |
| SANTARUS INC | SNTS | 4.53% |
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.
Flowserve Corp. ( FLS - Analyst Report ) is expected to report its fourthquarter 2013 results on Feb 21. Last quarter it posted a +1.95% surprise. Let’s see how things are shaping up for this announcement.
Why a Likely Positive Surprise?
Our proven model shows that Flowserve is likely to beat earnings because it has the right combination of two key ingredients.
Positive Zacks ESP: Earnings Surprise Prediction or ESP (Read: Zacks Earnings ESP: A Better Method), which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, stands at +0.71%. This is very meaningful and a leading indicator of a likely positive earnings surprise for shares.
Zacks #3 Rank (Neutral): Investors shouldnote that stocks with Zacks Ranks #1, #2 and #3 have a significantly higher chance of beating earnings. The sell rated stocks (#4 and #5) should never be considered going into an earnings announcement.
The combination of Flowserve’s Zacks Rank #3 (Hold) and +0.71% ESP makes us very confident about a positive earnings beat on Feb 21st.
What is Driving the Better-Than-Expected Earnings?
Strong backlog exceeding $700 million, strong bookings increasing in the high single-digits year over year and focused end-user aftermarket strategies are expected to lead to a positive earnings surprise in the upcoming quarter.
The positive trend is seen in the trailing four-quarter average surprise of 1.08%, which was greatly helped by the 1.95% surprise in the last reported quarter. This was possible because bookings by end markets such as the oil and gas, and chemical industries, along with modest growth in the general industries and water business reported strong growth year over year.
Other Stocks to Consider
Flowserve is not the only firm looking up this earnings season. We also see likely earnings beats coming from these 3 industry peers:
Altra Holdings ( AIMC - Snapshot Report ) with Earnings ESP of +4.76% and Zacks #1 Rank (Strong Buy).
Graco Inc. ( GGG - Snapshot Report ) with Earnings ESP of +1.39% and Zacks #2 Rank (Buy).
Idex Corp. ( IEX - Snapshot Report ) with Earnings ESP of +1.41% and Zacks#2Rank (Buy).
Read the full Analyst Report on FLS
Read the full Snapshot Report on GGG
Read the full Snapshot Report on AIMC
Read the full Snapshot Report on IEX