Revised 2012 GAAP EstimatesThe Company is raising its estimates for 2012 revenue and EPS as follows:
|Previous Estimate||Revised Estimate|
|Revenue increase year-to-year||25% - 40%||35% - 45%|
|EPS||$1.50 - $1.80||$1.70 - $2.00|
These heavily shorted stocks could get squeezed much higher if they report positive earnings numbers this week.
Trade-Ideas LLC identified magicJack VocalTec (CALL) as a strong on high relative volume candidate
Verizon pays a healthy dividend and is a cheap, defensive stock in a choppy market environment, said Joshua Strauss, Portfolio Manager for the Appleseed Fund.