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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (61782)9/17/1999 12:48:00 PM
From: Jenna  Read Replies (2) of 120523
 
<<NEWSLETTER STOCK ALERTS>>TEK reports (on both calendars) stock breaks out nicely to new 52 week high.. (at day high) on 18% earnings surprise. so far MEAD has the lead with 50% earnings surprise. <2 upgrades for BMET down 13% yesterday> On the other end BMET reported yesterday, sold off and was 'upgraded' today and JP Morgan upgraded Biomet to a buy, and placed a $40 price target on the stock. The chart has deteriorated, especially after the sell off yesterday, but we should 'anticipate' a bounce after a stock like BMET sells off.

Princeton, New Jersey, Sept. 17 (Bloomberg Data) -- Biomet Inc. (BMET US) was reiterated ''strong buy'' by analyst Sandra J. Hollenhorst at Prudential Vector Healthcare Group. The 12-month target price is $48.00 per share.

#1 on page 4 had been good for 1 point in the beginning of the week is back and triggered once again, #2 on page 6 has also triggered before and is a steady stock that broke a V-Cup and Handle chart formation today and a 10 day moving average breakout,
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