GRACE (WR) NEW (GRA)
Oct 09, 2009
W.R. Grace & Co. ( GRA ) is one of four companies that make the grade for the Recent Price Strength profit track. This stock picking strategy looks for companies trading in the upper range of their 52-week highs that have attractive fundamental attributes. Learn about this company and others.
W.R. Grace & Co. ( GRA ), which produces specialty chemicals, currently sports an average broker rating of 1, and is enjoying a Zacks #1 Rank. GRA is close to its 52 week-high, as its price increased by 25.96% in the past four weeks. In the second quarter, the company?s year-over-year earnings increased to 46 cents per share, while analysts expected earnings of 39 cents per share.
Winner Medical Group ( WWIN ) qualifies for this profit track with a 35.24% price change in the past four weeks and an average broker recommendation of 1. The Zacks #2 Rank?s second-quarter earnings amounted to 14 cents per share and delivered a surprise of 75%. Moreover, the company sports a per share price of $5.68. WWIN is primarily engaged in the development and distribution of high-quality disposable medical dressings and disposable products.
China Information Security Technology, Inc. ( CPBY ) is focused on the development and implementation of large scale, high-tech public security and Geographic Information System (''GIS'') related projects. CPBY has a per share price of $6.94 and a Zacks #2 Rank, which qualify it for the Recent Price Strength profit track. CPBY?s stock price is currently close to its 52 week high with a 72.64% gain in the last month and an average broker rating of 1. Moreover, company?s second quarter profits increased to 17 cents per share, from just 9 cents per share last year. The company also announced on Sep 8 that it was awarded an $11 million contract for Phase I of the Shenzhen Emergency Command Digital Trunking Mobile Communications System Project
Inverness Medical Innovations Inc. ( IMA ) a Zacks #2 Rank company, had a 1.30% price change in the past four weeks, which qualifies it for the Recent Price Strength profit track. In the second quarter, IMA?s year-over-year net earnings increased to 57 cents per share, compared to 37 cents a year earlier and the company delivered a 7.55% surprise. IMA manufactures and sells products for the women's health market.
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