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Author Topic: Zantrio.com Stock Picks for Feb 24, 09  (Read 786 times)

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swingtradingcom

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Zantrio.com Stock Picks for Feb 24, 09
« on: February 24, 2009, 07:16:41 AM »
(DRC) - buy
Dresser-Rand Q4 profit soars, beats Street view. The company earned $77 mln or 94 cents a share, compared with earnings of $43.8 mln or 51 cents a share, a year ago.

(ONXX) - buy
Onyx revenue nearly doubles as Nexavar sales rise; results surpass analyst expectations. The company reported a loss of $30.2 mln, or 53 cents per share. A year earlier, Onyx lost $11.7 mln, or 21 cents per share.

(MHK) - short
Mohawk Industries posts $127.6 million 4Q loss. Co also issues downside guidance for Q1, sees EPS of ($0.89)-(0.80) vs. $0.28 consensus.

(JWN) - short
Nordstrom reports a 68 percent drop in 4th-quarter profit, dragged down by heavy discounting.

(DTE) - short
DTE Energy Q4 profit misses estimates. Co also issues downside guidance for FY09, sees EPS of $2.75-3.05 vs. $3.16 consensus.

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