Science & Technology
Science and Technology
Science and Technology
Tue, May 11, 2010
Mon, May 10, 2010
CHICAGO--([ BUSINESS WIRE ])--Zacks.com releases the list of companies likely to issue earnings surprises. This weeka™s list includes Cisco (Nasdaq: [ CSCO ]), Macya™s (NYSE: [ M ]), Disney (NYSE: [ DIS ]), J.C. Pennya™s (NYSE: [ JCP ]) and Kohla™s (NYSE: [ KSS ]). To see more earnings analysis, visit [ http://at.zacks.com/?id=3207 ].
"Earnings estimate revisions are the most powerful force impacting stock prices."
Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to [ http://at.zacks.com/?id=3567 ].
Starting to Wind Down
Earnings season will start to wind down next week as 368 firms report (versus almost 1000 in each of the last two weeks), including 18 in the S&P 500. The list of companies reporting includes such heavy hitters as Cisco (Nasdaq: [ CSCO ]), Macya™s (NYSE: [ M ]), Disney (NYSE: [ DIS ]), J.C. Pennya™s (NYSE: [ JCP ]) and Kohla™s (NYSE: [ KSS ]).
The week will start out slow in terms of economic data but will build as the week wears on. Early in the week there will probably be nothing to distract investors from their focus on Greece and the rest of the PIIGS, but on Wednesday, both deficits, trade and budget will take center stage. Thursday has the always interesting weekly read on initial and continuing unemployment claims.
Friday is the big data day of the week as retail sales as well as the Industrial Production/Capacity Utilization report are released.
Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (+2% versus +9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
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About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to [ http://at.zacks.com/?id=3568 ].
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