Crista Huff
Recommend this article

Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC, a website that recommends outperforming stocks using fundamental and technical analysis. 

Stock number one is: 

Adobe Systems Inc., (SYMBOL: ADBE) and the headline says:

Adobe Profit Tops Estimates on Cloud Subscriber Growth -- Bloomberg

Software company Adobe Systems beat quarterly profit expectations on surprising momentum with its new Creative Cloud product.  The company is sacrificing short-term revenue and earnings from traditional up-front software purchases, and implementing a monthly subscription model for its popular graphic-design products.

Earning were previously expected to grow 22% per year for the next two years.  Investors can now expect a rash of upward earnings revisions.

The stock chart is bullish, currently trading between $42 and $47.

Our Ransom Note trendline says:  BUY ADOBE SYSTEMS.

ADBE Chart

ADBE data by YCharts

Stock number two is: 

FedEx Corp., (SYMBOL: FDX) and the headline says:

FedEx Sees 2014 Profit Gain Up to 13% Amid Cutting Costs -- Bloomberg

FedEx stock is up after reporting fourth quarter earnings & operating margins which handily beat estimates.  The company announced plans to buy out 3600 employees, park older planes and engines, and cut capacity to Asia as part of a $1.7 billion dollar cost-cutting program.

Revised 2014 & ’15 earnings growth is expected at 13 and 23%.

The stock broke out of a long-term trading range this year, and is trading between $90 and $110.  On June 4, we said to accumulate FedEx shares below $98.  That opportunity came and went, but investors may still be able to buy under $100 near-term.

Recommend this article

Crista Huff

Crista Huff is a retired stockbroker from a NYSE member investment firm. She writes about market-timing at Goodfellow LLC and is active politically.
TOWNHALL DAILY: Be the first to read Crista Huff's column. Sign up today and receive daily lineup delivered each morning to your inbox. Release of Liability: Through use of this website viewing or using you agree to hold and its employees harmless and to completely release and its employees from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Goodfellow LLC and its employees are not paid by third parties to promote nor disparage any investment. Recommendations are based on hypothetical situations of what we would do, not advice on what you should do. Neither Goodfellow LLC nor its employees are licensed investment advisors, tax advisors, nor attorneys. Consult with a licensed investment advisor and a tax advisor to determine the suitability of any investment.