Stock is overvalued, IMO. Missed estimates by a wide margin the last two quarters. There are no major products coming out soon that could increase sells, at least that I know of. Consumers will have less money to spend on unnecessary items as the economy deteriorates and unemployment rises. This will likely affect companies that produce entertainment products and electronics more than most other companies.
Stock screening and chart patterns expert, Kevin Matras, combs through the best Zacks stock-picking strategies averaging +60% yearly gains to find stocks with charts showing they are ready to skyrocket. Chart Patterns Trader >>
Ride Momentum Stocks to Quick Gains!
The market is finally breaking out, creating the perfectd wave for investing in momentum stocks. Zacks is the king of fundamental analysis, but this service also uses technical indicators for the best possible timing. Click here to learn more >>.