Momentum Stocks

Archer Daniels Midland (ADM) – Bear of the Day (ADM)

We recently downgraded our recommendation on Archer Daniels Midland ( ADM ) to Underperform following a lower-than- expected fourth-quarter 2011 results. ADM's quarterly earnings of $0.58 per share missed the Zacks Consensus Estimate of $0.84 and dropped almost 16% from the prior-year quarter, primarily due to a higher income tax rate. Although, ADM is expanding its global footprint into key agriculture regions through acquisitions and joint ventures, the resourcing of commodities and stringent external finance may pose a threat to its operating performance. […]

Stock Analysts

Stereotaxis’ 2Q Loss Widens (BSX) (EW) (STXS)

Medical equipment maker Stereotaxis Inc ’s ( STXS ) second-quarter fiscal 2011 loss per share of 18 cents was higher than the Zacks Consensus Estimate of a loss of 13 cents and the year-ago loss of 8 cents. The Missouri-based compa ny’s loss widened two-and -half-fold year over year in the quarter to $9.7 million, hurt by a double-digit decline in sales. […]

Stock Analysts

Embraer Aircraft to Enter Ghana (BA) (ERJ) (LMT) (NOC)

Embraer S.A ( ERJ ) received orders for five military aircraft including an Embraer 190 jet with logistic support and two Airbus C-295 planes from the Defense Ministry of Ghana. The contract will be valued at approximately $200 million, which includes $105.3 million Brazilian-made Embraer 190 coupled with the construction of an ultra-modern hangar. […]