CHICAGO, July 3, 2013 /PRNewswire/ -- Stocks in this week's article include: Asbury Automotive Group, Inc. (NYSE: ABG – Free Report), The Cheesecake Factory Inc. (NASDAQ: CAKE – Free Report), ICON Public Ltd. Co. (NASDAQ: ICLR – Free Report), NCR Corp. (NYSE: NCR – Free Report) and The PNC Financial Services Group, Inc. (NYSE: PNC – Free Report). With earnings season right around the corner, see what the statistics say is in store for this one.
Screen of the Week written by Kevin Matras of Zacks Investment Research: The bull market is still clearly intact. And it will take a lot more than a bad month to kill off one of the best stock market rallies in recent memory.
The economy, while it could be growing faster, has been growing fast enough to increase employment and spur record corporate profits.
Whether the Fed tapers by year's end is unknown. But the attractiveness of stocks continues, and is likely to keep this bull market going for a while longer. Keep in mind, lost in all of this taper talk were remarks that interest rates were likely to stay where they are until 2015! So it looks like there's much more to go in this rally.
To get ready for this upcoming earnings season, here's a screen to help find stocks with a high probability of positively surprising in the coming weeks.
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