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Article: Big Movers in Zacks Rank - Analyst Blog
- Article from:
- Zacks Investment Research - Analyst Blog
- Article date:
- November 12, 2007
- Author:
CopyrightCopyright 2008 Zacks Investment Research. (Hide copyright information)
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Big Movers in Zacks Rank - Analyst Blog
Once again, we are charting the biggest upward movers in the Zacks Rank. The Zacks Rank is a short-term stock rating system that has generated a 32% annual return since 1988. Here, we not only look at those companies with a Zacks Rank of 1, but also those companies that have moved up significantly today:
When cosmetics giant
Revlon, Inc.
(
REV
) posted its nearly 78% positive EPS surprise last Tuesday, it was a year-over-year increase of close to 92% in reported earnings. Today, the Zacks Rank for Revlon moves from a #3 (Hold) to a #1 (Strong Buy). The stock price decreased 3.42% from the pre-announcement price of $1.17 on 11/05/07 compared to the ...