DailyMarkets.com - Reserve Bank Of India Cuts Rate 50bps To 8.00%

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• Reserve Bank Of India Cuts Rate 50bps To 8.00%
• Bear Of The Day: Citi Trends, Inc. (CTRN)
• Bull Of The Day: Hain Celestial Group (HAIN)
• Growth & Income Stock: Mobile TeleSystems
• Momentum Stock: Sun Hydraulics
• Aggressive Growth Stock: Kona Grill

Reserve Bank Of India Cuts Rate 50bps To 8.00% Posted: 17 Apr 2012 02:23 AM PDT The Reserve Bank of India [RBI] cut its repo rate by 50 basis points to 8.00% from 8.50% previously, and reverse repo rate to 7.00%, Bank Rate to 9.00% and kept the Cash Reserve Ratio (CRR) at 4.75%.  The RBI said: “Though inflation has moderated in recent months, it remains sticky and above the tolerance level, even as growth has slowed. These trends are occurring in a situation in which concerns over the fiscal deficit, the current account deficit and deteriorating asset … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Citi Trends, Inc. (CTRN) Posted: 16 Apr 2012 11:05 PM PDT Citi Trends, Inc.’s (NASDAQ:CTRN) falling comparable store sales, coupled with rising cost of goods sold and operating expenses, battered fourth-quarter 2011 results. The company incurred a quarterly loss of $0.18 per share, falling drastically from the year-ago quarter earnings of $0.64 per share. The results, however, bettered the Zacks Consensus Estimate of a loss of $0.20 per share. Further, due to uncertainty hovering around sales, given the global economic unrest, the company decided not to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Hain Celestial Group (HAIN) Posted: 16 Apr 2012 11:05 PM PDT A leader in natural food and personal care products with an array of well-known brands, Hain Celestial Group (NASDAQ:HAIN) offers investors one of the strongest growth profiles in the industry. The company’s strategic investments plus continued efforts to contain costs, increase productivity, and enhance cash flows and margins have enabled it to deliver healthy results. This is quite evident from Hain’s second-quarter 2012 results. The quarterly earnings of $0.52 per share beat the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Mobile TeleSystems Posted: 16 Apr 2012 11:05 PM PDT Estimates have been rising for Mobile TeleSystems (NYSE:MBT) after the company reported its fourth quarter results on March 12. It is a Zacks #2 Rank (Buy). Based on current consensus estimates, analysts expect strong double-digit earnings per share growth over the next few years. On top of this, the company pays a dividend that yields a stellar 5.6%. Valuation is attractive too, with shares sporting a PEG ratio of just 0.7. Company Description Mobile TeleSystems, or MTS, is the leading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Sun Hydraulics Posted: 16 Apr 2012 11:05 PM PDT Sun Hydraulics (SNHY) is a Zacks #1 Rank (Strong Buy) after posting five of six positive earnings surprises. Company Description Sun Hydraulics Corporation, together with its subsidiaries, designs, manufactures, and sells screw-in hydraulic cartridge valves and manifolds used in hydraulic systems to industrial and mobile customers worldwide. Sun Hydraulics Corporation was founded in 1970 and is based in Sarasota, Florida. SNHY Tops Expectations in Five of Last Six Quarters Sun Hydraulics has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Kona Grill Posted: 16 Apr 2012 11:05 PM PDT Kona Grill (KONA) is a Zacks #1 Rank (Strong Buy) after posting beats in eight straight quarters and sees higher earnings estimates for 2012. Company Description Kona Grill, Inc. owns and operates upscale casual dining restaurants in the United States. Its restaurants offer prepared food items and alcoholic beverages. As of April 02, 2012, the company owned and operated 23 restaurants under the Kona Grill name in 16 states, including Arizona, Colorado, Connecticut, Florida, Illinois, Indiana, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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