Archive for 'Bull Market'

Zacks Bull of the Day 8-17-15

This Bull of the Day is in the Health and diet category that’s been pushing past all expectations and is now considered a strong buy. Check out Tracey Ryniec’s  post below

Nutrisystem, Inc. is on the right side of the health and wellness debate. This Zacks Rank #1 (Strong Buy) just raised full year guidance for the second time this year.

Nutrisystem is famous for weight loss programs including Nutrisystem My Way, its 28-day food delivery program. Feeding on the healthy food frenzy sweeping the nation, the company’s meal choices including 100 foods which do not contain artificial preservatives or flavors.

Plans can also be customized for specialized diets, including those with Type 2 diabetes or pre-diabetes.

Another Beat and Raise

On July 29, Nutrisystem reported its second quarter results and beat the Zacks Consensus Estimate by 4 cents. Earnings were $0.41 compared to the consensus of $0.37.

Revenue rose 17% to $130.3 million as both direct and retail channels remained strong. Diret rose 15% year over year while retail grew 43%.

Gross profit margin jumped 80 basis points to 52%.

Full Year Guidance Raised

Very few companies are beating and raising this year in tough market conditions, but momentum from early in the year continued. It raised full year guidance for the second quarter in a row.

Earnings are now expected to be in the range of $0.87 to $0.97 up from its previous guidance of $0.81 to $0.91. Guidance is now up sharply from earlier in the year when the company was only looking for $0.73 to $0.83.

Zacks Bull of the Day

How to Achieve 80%+ Winning Stock Trades

Winning Stock TradeAfter a pretty impressive Bull Market run of over 1400 days, the S&P 500 seems to be in a sideways pattern for the moment and it has a lot of investors nervous. The old adage of “what goes up, must come down” comes into play. Is the market regrouping or headed for a major correction?  No one really knows and some people like Andy Crowder really don’t care. In his mind, it doesn’t matter if the Market moves up or down, he still makes money.

The S&P 500 has entered the third longest bull market in U.S. stock market history.

What is even more amazing is that during this bull market run the S&P has gone approximately 1,450 days without a 10% correction. The steady climb higher has no doubt made almost everyone exposed to equities a winner since 2009.

But the charge upward has slowed down dramatically over the past eight months. Since the beginning of November 2014, the S&P 500 has pushed higher roughly 5%, and most of those gains came in the last two months of 2014.

The market has remained relatively flat in 2015, vacillating between slightly positive and negative. There is no doubt that uncertainty has entered the market.

So, as an investor, are we supposed to sit on our laurels and allow Mr. Market to dictate our returns?

We all look like financial geniuses when the market is going higher. Investors take all the credit for their success when the market is soaring, but blame other factors, such as geopolitical concerns or central bankers, when investments sour. The talking heads make sure the culprits are front and center to make the blame game that much easier.

But, I don’t really care.

See the rest of Andy’s article