Today shows why the folks screaming, "You can't own anything long in this market!!!!!!!" are totally wrong.
NFI blew away estimates and popped to $25. FB had a great report, almost over 30 (not counting the fat dividend recently).
MAXF is working on a new base in the 7's and their earnings haven't even come out yet.
VWKS beat estimates and raised guidance and broke $7 earlier.
The list goes on - SPAR, OCAS, etc. Just buy QUALITY and don't chase the crap and there is plenty of money to be made long in this market.
Oh yeah - ignore what anyone says about "the market", "the indexes", "average PE for the SP500", ditto the NDX and focus on stocks.
It's very hard to make money in the market right now. But small investors can always find good stocks.
Oh yeah, ELMG had a good report too:
ATLANTA, April 24 /PRNewswire-FirstCall/ -- EMS Technologies, Inc. (Nasdaq: ELMG - news) today announced first quarter revenues of over $70 million and earnings of $2.1 million, or $.20 per share. The Company's 2002 results benefited from higher sales of its standard wireless products, the start of work on new defense-related contracts, and balance sheet improvements achieved during 2001 that lowered debt and interest expense. |
