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Vivo Beats Resistance – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/19092/Vivo+Beats+Resistance+-+Zacks+Tale+of+the+Tape
Posted on Tuesday, April 14th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Vivo Participacoes SA (VIV) rose marginally this morning to move past a short-term level of resistance at $15.11. VIV is a Zacks#1 Rank (“Strong Buy”) stock. Despite the ongoing economic downturn, analysts have consistently raised their forecast on the company and now see its earnings growing by nearly 65% to $1.61 per share in 2010.

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