Wednesday, April 18, 2012

DailyMarkets.com - Bull Of The Day: T. Rowe Price Group (TROW)

DailyMarkets.com - Bull Of The Day: T. Rowe Price Group (TROW)

Bull Of The Day: T. Rowe Price Group (TROW)

Posted: 17 Apr 2012 11:00 PM PDT

We are upgrading our recommendation on T. Rowe Price Group (NASDAQ:TROW) to Outperform from Neutral based on the company’s debt-free position and steady profit trend. The company’s fourth-quarter 2011 earnings outshined the Zacks Consensus Estimate. Moreover, earnings also compared favorably with the prior-year quarter.
Higher-than-expected top-line growth and increased assets under management (AUM) assisted the improved performance. Furthermore, relative mutual fund performance was also positive. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: United Continental (UAL)

Posted: 17 Apr 2012 11:00 PM PDT

We have downgraded our recommendation on United Continental (UAL) to Underperform on projections of a weak first quarter. Although United Continental would benefit from merger synergies, global network, leading unit revenue growth, strong competitive position, fleet and network optimization, hedging strategies and a strong liquidity position, we believe surging fuel prices and the threat of recession in Europe pose downside risks to the stock.
Additionally, high non-fuel costs related to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Smith & Wesson Holding Corporation

Posted: 17 Apr 2012 11:00 PM PDT

These are the best of times for the gun manufacturers. Demand is so strong that Smith & Wesson Holding Corporation (NASDAQ:SWHC) is trying to increase capacity. Shares of this Zacks #1 Rank (Strong Buy) are hot, recently hitting multi-year highs.
Smith & Wesson makes firearms and related products for the military, law enforcement and consumer markets worldwide. Headquartered in Springfield, MA, it operates facilities in Massachusetts and Maine.
The company’s brands include Smith & … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Bank Of The Ozarks, Inc.

Posted: 17 Apr 2012 11:00 PM PDT

Estimates have been rising for Bank of the Ozarks, Inc. (NASDAQ:OZRK) after the company posted better than expected first quarter results on April 12.
It is a Zacks #2 Rank (Buy) stock.
Unlike most banks, Bank of the Ozarks is growing its loan portfolio while maintaining very strong credit quality. And it was able to actually raise its dividend throughout the financial crisis and currently pays a dividend that yields 1.5%.
Company Description
Bank of the Ozarks is a bank with 113 branches, including … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Manitex International

Posted: 17 Apr 2012 11:00 PM PDT

Manitex International (MNTX) is a Zacks #1 Rank (Strong Buy) ) which has met or beat earnings in the last seven quarters. The company has also seen estimates move higher and has a large implied earnings growth rate for 2013.
Company Description
Manitex International, Inc. provides engineered lifting solutions. The company operates through two segments, Lifting Equipment and Equipment Distribution. The Lifting Equipment segment designs, manufactures, and distributes boom trucks and crane … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stay Long, But Keep Tight Stops

Posted: 16 Apr 2012 12:42 AM PDT

Have US equities seen an intermediate term top? It was a rough week for stocks last week, but I believe that we are due for an oversold relief rally. We will need to watch how the market behaves in the next couple of weeks in order to truly determine whether an intermediate term top is in.

As the chart below shows, the market briefly tested the 50-day moving average and managed to rally above that support level and the longer term uptrend remains intact.

The market is certainly oversold, as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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