Profitable Trade In OTEX – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/17303/Profitable+Trade+In+OTEX+-+Zacks+Tale+of+the+TapePosted on Tuesday, February 10th, 2009 | In Stocks to Watch
Contributed by: Charles Rotblut (http://www.zacks.com/) -
A 12% gain in Open Text Corporation (OTEX) was booked yesterday in the Timely Buys List.
OTEX was recently downgraded to Zacks #2 Rank (”buy”), making it no longer eligible to remain in the trading portfolio. A recent negative revision to 2010 earnings estimates by one of the covering analysts led to the downgrade.
The Timely Buys List only holds Zacks #1 Rank (”strong buy”) stocks that are also held in the Zacks Elite Focus List.
“OTEX” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by Charles Rotblut
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 About Charles Rotblut (http://www.zacks.com/)
Charles Rotblut is the Vice President of Web Content for Zacks Investment Research and the Senior Market Analyst for Zacks.com. He oversees the editorial staff, manages the market-beating Focus List, Timely Buys and Top 10 portfolios, and plays an instrumental role in the development of new products. In addition, Mr. Rotblut is spearheading the development of investment education products, including the recently released Zacks Method for Trading. Mr. Rotblut is a Chartered Financial Analyst (CFA). He has analyzed publicly traded and privately held companies. His experience includes working for INVESTools (an investment education company), Curian Capital (a money management firm) and McClure, Schumacher & Associates (a business valuation firm). Mr. Rotblut holds a journalism degree from the University of Kansas. |
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