What To Look For In Penny Stocks - Top Doing Stocks For The Week Ended Oct 31
The five best Doing stocks on the Zacks #1 Rank List last week were: Winn-Dixie Stores, Inc. (WINN), 99 Cents Only Stores (NDN), Lufkin Industries, Inc. (LUFK), Axsys Technologies, Inc. (AXYS) and perfect World Co., Ltd. (PWRD).
Winn-Dixie Stores, Inc. (WINN) was a top-Doing Zacks #1 Rank business for last week as shares gained 37.6%. In just the past 7 days, earnings estimates for this fiscal year, ending June 2009, jumped to a profit of 3 cents from a loss of 3 cents.
The grocer announced that fiscal first-quarter Web sales improved 3.4% to $1.7 billion. In addition, identical-store sales advanced 3% due in part to customers stocking up on Merchandise in front of Hurricanes Gustav and Ike, as well as Tropical Storm Fay. WINN a ... [Read More - What To Look For In Penny Stocks]
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