America’s Car-Mart, Inc. – Momentum – Zacks Rank Buy
Michael Vodicka (September 7th, 2008) Writes:
The recent price strength comes in response to the company's impressive first-quarter results, reported on Sep 3. Revenue was up 29% from the same period last year to $75.7 million. Net income totaled $5.3 million, more than double last year's $2.1 million. This produced earnings of 45 cents per share, ahead of analyst estimates of 38 cents per share.
Analyst are bullish on this Zacks #1 rank stock, with the next-year estimate jumping to $1.70 per share from $1.67 per share 7 days ago.
After dipping lower, this stock has recently advanced back to its 52-week high, fueled by the great quarter and the company's strong
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