|
|
||||||||
|
|
||||||||
|
||||||||
|
(FOOL GLOBAL WIRE) LEXINGTON, KY. (September 19): Despite the Dow's stall as it has reached record levels, technology stocks continue to push the Nasdaq Composite closer to its own record high. And for the Investing For Growth stocks, this means another good day for stocks like Paychex, Tellabs, RoTech Medical, and SCI Systems. Unfortunately, 3Com gave back a little of its recent windfall today.
Catching up on yesterday's news stories, Mirage Resort's nice gain yesterday ties into an analyst upgrade from Prudential Securities. Analyst Joe Coccimiglio started coverage on a number of gaming stocks with "buy" ratings, Mirage Resorts among them. The stock faded a bit today, however.
And yesterday, Paychex beat earnings estimates by a penny, posting $0.24 per share, an upside surprise of slightly more than 4%. As a result, today Goldman Sachs raised its rating on the stock from "market performer" to "market outperformer."
For all of you trying to make sense of the various Growth Stock Models we discuss here (and keep track of the acronyms we throw around all too loosely), today's Fribble, "A Growth Model Glossary," will provide you with a brief summary and instructions for the three growth models I'm working with.
Keep in mind always that these are paper models, not real-money investments. The results are back-tested results, and for the most part, the history of these models isn't yet very extensive. I'm working to add more data to their histories (where possible), but keep that disclaimer in mind when making your own investment decisions.
Fool on!
Transmitted: 9/19/96 |
||||||||
|
||||||||
|
||||||||
|
All Rights Reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool, Inc. |
||||||||