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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: Bogeey who wrote (20078)12/18/1998 1:20:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
JAII.. also take a look at TRN
The technical rank of the stock is very low (23).. but the peformance rank for the year is at 80. Now if this stock starts reacting in anticipation to its estimated earnings growth this quarter, the chart should undergo a dramtic trend reversal.. The earnings outlook is excellent for this stock.. It has been a favorite of mine for nearly 2 year and an earnings play as well.

The analysts are talking about 12,000% increase in EPS in 1998 over 1997. that is an
increase for 1998 $2.42 versus $0.02 (not a typo) and also an increase this quarter of 377% from $0.18 to $0.86.. The only trouble is the lack of coverage from analysts, which means we are talking about predictions of 2 analysts (1 buy and 1 hold) and it may or may not be on target.
Either way JAII is a good long term hold as it's 'value' according to value indicators is more than double the price of the stock and with a 35% increase in EPS going forward for the next 3-5 years it is really undervalued.

Another important point is that JAII has about 2- 3 weeks to reverse and show some "anticipatory upswing" before the earnings report. that is plenty of time for the stock to prove it 'can really do it'...