Smithfield Foods Pressuring Support – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/20565/Smithfield+Foods+Pressuring+Support+-+Zacks+Tale+of+the+TapePosted on Thursday, May 28th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Smithfield Foods Inc. (SFD) fell nearly 2% this noon and was trading close to support at $12.37 on heavy volumes. The average forecast on the company’s 2010 earnings has dropped to 85 cents per share from 92 cents in the last month. Smithfield Foods is a Zacks# 5 Rank (”Strong Sell”) stock.
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