Brown Shoe’s MACD Signals Bullishness – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/22757/Brown+Shoe%27s+MACD+Signals+Bullishness+-+Zacks+Tale+of+the+TapePosted on Friday, July 24th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Brown Shoe Inc.’s (BWS) MACD indicator has entered into bullish territory with a reading of 0.0044. The Zacks #1 Rank (“Strong Buy”) stock has advanced more than 5% to $7.50 in morning trade. The company has topped the consensus forecast in 3 out of last 4 quarters with an average surprise of 63.04%, or 14 cents per share.
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