Sabrient gives FUQI a strong buy rating, and Alpha-Sabrient Reversal Alerts is taking a long position today. – Ilene
Alpha-Sabrient Reversal Alerts
At Thursday’s open (July 15), enter the following trade:
- FUQI – Buy to open a long trade
About the Alpha-Sabrient Reversal Alerts
The Alpha-Sabrient Reversal System produces entry/exit signals for the 18 stocks in the Sabrient Top Stock Picks for 2010.
- Trading alerts are emailed only when they occur, which means you may go several days without any alerts.
- You will receive the alerts after the market close for execution at the next market open.
- As a new subscriber, you should ignore the open positions and start your trading with the first entry alert that you receive.
- A virtual portfolio update will be emailed during the weekend, giving you the open positions and previous trades.
Fuqi International, Inc., through its subsidiaries, engages in designing, developing, promoting, and selling precious metal jewelry in the People’s Republic of China.
Earnings and Revenue Update: For the quarter ended September 30, 2009, Fuqi International Inc reported earnings of $18.8 million or $0.73 per share compared with $9.9 million or $0.45 per share for the prior quarter and $6.5 million or $0.31 per share for the same quarter one year ago. Revenues were $127.2 million for the quarter ended September 30, 2009 compared with $100.8 million for the prior quarter and $93.7 million for the same quarter one year ago. Last twelve months’ earnings were $2.11 per share compared with $1.23 per share a year ago. Last twelve months’ revenues were $466.9 million compared with $293.2 million a year ago.
Sabrient Analysis
Sabrient rates FUQI a Strong Buy for its superior value and growth profiles, which indicates a stock that should outperform the market.
- Value: Sabrient rates FUQI as one of the strongest value stocks in the market with a Sabrient Value Score of 99.7. At its current price, FUQI offers excellent value based on last year’s results and projected earnings. This makes the stock a prime candidate for the value-minded investor.
- Growth: FUQI has a Sabrient Growth Score of 81.6.
- Momentum: FUQI scores 64.1 for the Sabrient Momentum Score, which is a composite measure of price, earnings and group momentum.
- Timeliness: FUQI has a Sabrient Timeliness Score of 4.3. This measures technical strength based on short-term and long-term price performance and long-term group strength.
