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Three Small-Cap Stocks With Explosive Earnings Growth
We don’t officially hit the spring season until tomorrow, but investors appear to be dragging the market out of the winter doldrums in advance of the solstice.
Newly invigorated at last, they’ve given the market a new lease of life that has sent the S&P 500 up more than 20% from its lows.
If this bout of fresh buying triggers a domino effect, more investors might be tempted to follow suit. And while I don’t wish to rain on the current mini-parade, keep in mind that the relatively placid stream we’re seeing now could become a Class 5 river, complete with roaring rapids,…
19Mar2009 | Smart Profits Report | 0 comments | ContinuedGlobal Investing Roundups
Deere Misses Estimates; Genentech Rejects Roche Bid; Crude Rises on Inventory Report; China Fire & Security an Earnings Inferno; Joining Forces to Battle Insider Trading; Best Buy’s Coup; Merrill Slashes Wall St. Ratings; Ford’s European Makeover
-Deere & Co. (DE), the world’s largest maker of farm equipment, dropped the most in 20 years after reporting earnings that missed analyst estimates yesterday (Wednesday). The company reported third-quarter profit rose 7% to $575.2 million, but $140 million increase in raw materials and freight costs pushed profit below estimates. Deere stock fell as low as $61 a share before closing at $67.10.
-Genentech Inc. (DNA) yesterday…
14Aug2008 | Money Morning | Comments Off | Continued
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