Mastercard: Buy Alert

Mastercard, Inc. (MA) continues to rally as the analyst community continues to upgrade their earnings projections. In the last 30 days, the current-year estimate has once again been revised upward, this time tacking on 19 cents and advancing to its current projection of $8.68 per share. At these levels, this Zacks #1 stock carries higher valuations, but this has not stopped the share price from climbing higher.

Last Week’s Momentum Zacks Rank Buy Stocks

Central European Distribution Corporation (CEDC) shares just broke through a significant level of resistance that they had been testing for the last three weeks, firmly planting themselves in higher territory. The company just announced the completion of a major acquisition that is projected to add an additional 15%-20% to the company’s top line. Estimates continue to rise as analyst factor the positive developments into their forecasts. Read full Analysis.

Valmont Industries, Inc. (VMI) is thriving from very strong international demand for both its fabricated metals products and irrigation products. The CEO noted that the company was experiencing particularly strong demand from India and China. Valmont’s stock price has been surging since early March, and analysts continue to upgrade their earnings projections. Read full Analysis.

Corn Products International, Inc. (CPO) recently reported another solid quarterly performance, posting record net income for the ninth consecutive quarter. Both sales and income were up nicely, with income increasing 18% from the same period last year. In spite of the great results and the bullish outlook, this stock is still carrying attractive valuations. Read full Analysis.

Cellcom Israel, Ltd. (CEL) is blazing a path to increased profitability with additional investments in its infrastructure and the acquisition of new customers. These efforts showed-up in the company’s first-quarter results, with revenue up more than 10% and income up over 30%. Analysts continue to raise estimates, with the current-year estimate being upgraded in just the last 30 days. Read full Analysis.

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