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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (5858)3/10/1998 5:20:00 PM
From: Jenna  Respond to of 120523
 
KSS, MIKE and NDN, RCOT all beat estimates: KSS reports 2-1 stock split

RCOT is an amazing company.. It's overbought clearly but it's earnings have come in at a whopping 66 cents versus 18 cents beating estimates of 58 cents... wow.. Watch it in the morning.. it will be either upgraded or downgraded on value.. either way this should be in your 'permanent' watch list for some good daytrading after it pulls back (joining the likes of AVEI, TKLC, MCRL, SAVLY,SEBL, ZBRA, LHSPF etc)

Kohl's Corporation Reports Record Earnings for 1997
MENOMONEE FALLS, Wis., March 10 /PRNewswire/ -- Kohl's Corporation
KSS,NDN both record earnings. KSS records 2-1 stock split...

NYSE: KSS) reported record earnings for the fourth quarter and year ended January 31, 1998.
Net income for the fourth quarter ended January 31, 1998 increased 39.7% to $72.6 million compared with $52.0 million in the fourth quarter of 1996.
Full year net income increased 37.9% to $141.3 million compared with $102.5 million a year ago.
Basic earnings per share for fourth quarter 1997 increased to $0.92 per share compared to $0.70 per share in fourth quarter of 1996. Basic earnings per share for fiscal 1997 increased to $1.85 compared to $1.39 for fiscal 1996.

MIKE records 79 cents and the analysts were looking for 73..
NDN records 33 cents and the analysts were looking for 31..

It should be yet another good day tomorrow for earnings plays, and retail sector. I'll post some 'general' plays tomorrow as I have for today, so you can play both.

jenna
www.marketgems.com