3 Predictions for Next Weekhttp://www.fool.com/investing/general/2013/03/03/3-predictions-for-next-week-20.aspx Rick Aristotle Munarriz
March 3, 2013
I went out on a limb last week, and now it's time to see how that played out.
Two out of three? I can do better than that.
Let me once again whip out my trusty, dusty, and occasionally accurate crystal ball to make three calls that may play out over the next few trading days.
1. Ferrellgas Partners will shoot higher on the week
Ferrellgas reports on Thursday. Analysts see a big pop in profitability despite a drop in revenue. The company announced its regular quarterly distribution of $0.50 a unit on Tuesday, so that should soothe investors. It should be a mixed report, but one that will remind investors of the high-yielding opportunity here.
My first call is for Ferrellgas to close the week higher.
2. The Nasdaq Composite will beat the Dow this week
I'm going to stick with this pick. Most of the names in the composite are just too cheap at this point, and the results this earnings season weren't as bad as some worrywarts had feared. The market is ripe for the tech-stacked secondary stocks to continue to outpace the 30 megacaps that make up the Dow Jones Industrial Average.
3. Main Street Capital will beat Wall Street's earnings estimates
When it comes to business development companies, Main Street C