This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Analyst Sees 1Q Below Expectations For Some

HARTFORD, Conn. (AP) ¿ First-quarter results for some industrial companies will be below expectations as there was little economic improvement in March, an analyst said Wednesday.

However, Yvonne M. Varano of Jefferies & Co. said in a note to investors that shares of several industrial companies have increased recently due to rising optimism and institutional investors seeking opportunities.

"We believe the run-up in many industrial related shares in recent weeks has as much to do with increased optimism as with the need of institutional investors to get off the sidelines and put money to work," Varano said.

Varano said several broad indicators "are showing signs of leveling off, potentially indicating a bottom."

"A definite uptick, however, is yet to be evident," she said.

In addition, she said demand still is generally weak.

"While stimulus spending, easing of credit and destocking of inventories should provide a boost in the back-half of the year, we believe that some expectations surrounding a better second half of 2009 may still be aggressive."
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BOOM $10.07 -2.50%
DBD $24.26 -0.98%
HSC $6.90 4.20%
TRS $17.30 -1.10%
ZEUS $21.87 0.55%


Chart of I:DJI
DOW 17,691.78 +40.52 0.23%
S&P 500 2,056.24 +5.12 0.25%
NASDAQ 4,736.6340 +10.9950 0.23%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs