Here is a synopsis of all five stocks:
Applied Materials AMAT China
Management’s decision to discontinue the thin film business also makes sense, in our opinion. Although it is apparent that the equipment cycle has peaked, we expect the company to outperform its peers this year.
Genworth Financial GNW
We expect the elevated unemployment rate will continue pressuring its mortgage insurance business. Though the business is showing signs of improvement, the line is still experiencing losses.
Apple Stomps Estimates Again
Apple Inc. AAPL $6.43 $26.7 billion $5.38 $24.3 billion $4.80 $23 billion
$20 Steve Jobs
As it is turning out, well over half of the 2.25% share price loss in Tuesday trading before the bell has been made up in the after-market, following AAPL’s stellar results.
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
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SOURCE Zacks Investment Research, Inc.