Off the Rails
The new edition of Value Line came out this morning and I quickly checked the ranking changes before anything else. I find it informative to see which stocks are moving up or down based on recent revenue, earnings and price momentum. Often I find it helps identify sectors that are about to turn in one direction or the other.
I was pleased to see that many of my stocks are on the list of stocks moving up. Financials like First Niagara (FNFG), Cincinnati Financial (CINF) and U.S. Bancorp (USB) all received one-notch upgrades. Even my tired old shares of Callaway Golf (ELY) were bumped up from the bottom rank of the service for year-ahead performance. Glass manufacturer Apogee (APOG) is one of those stocks that never really gave a chance to accumulate the shares on a scale, so I have a tiny position as the stock has doubled. Based on strong architectural demand for its glass products, it too has received an upgrade....577 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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