After you receive this alert, I will be booking profits on
400 shares of Zygo (ZIGO:Nasdaq), which is up 12% this
morning and trading around my monthly risky level at
$12.09 -- a price level where selling should occur.
Today's strength is in reaction to a better-than-expected
earnings report released after the close Thursday, and my
model shows that the positive reaction to earnings is now
built into this morning's rebound and additional upside
might be difficult as the Nasdaq corrects.
The company announced fourth-quarter earnings of 22 cents
per share, well above the consensus estimate of 17 cents.
For fiscal 2005, the company earned $10.2 million, or 56
cents per share vs. $4.2 million, or 23 cents per share,
for fiscal 2004.
This position was added to the model portfolio on July 11
at $10.60, and at $12.09 is up more than 14%.
The final edition will be sent out Wednesday morning.
Booking profits in one position and trimming three others.
Suttmeier's closing this protective position, which is no longer necessary.
The market's resilience continues as almost all sectors remain overvalued.
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.
Want more than one service? Sign up to one of our packaged services and take advantage of amazing savings!
After the Bell
Before the Bell
Jim Cramer's Daily Booyah
Winners & Losers