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Alliance Fiber Optics Products (NSDQ: AFOP) is being bought by Corning, one of its long-time partners. Under the terms of the deal, AFOP shareholders will receive $18.50 per share, which represents a 37.5% return for RRS subscribers. Although it’s still well below its 52-week high of $22.35, we believe you… Read More

Apogee EnterprisesArchitectural glass maker Apogee Enterprises had a strong fourth quarter for fiscal year 2016, which ended Feb. 28. Revenue grew 6% to $262 million and earnings were up 47%. Both top and bottom line numbers beat estimates.The future looks bright as well. Earnings per share guidance for fiscal 2017… Read More

Just as hockey great Wayne Gretzky skates to where the puck will be, investors put their money where profit growth is expected. And according to S&P Global Market Intelligence, profit growth will be in the consumer discretionary sector. The consumer discretionary exchange-traded fund, Financial Select Sector SPDR ETF (XLF), is… Read More

After reporting strong earnings last night On Assignment (ASGN) is up 10% today and will likely move higher.Revenue rose an impressive 35% and beat estimates by $50 million. Even without the contribution from recent acquisitions, revenue increased 18%. Earnings of $.66 beat estimates by 6 cents and guidance for the… Read More

Ethan Allen (NYSE: ETH) reported earnings of $.34 last night, beating estimates by 13%. Revenue grew 10%, the highest rate since 2011, and earnings exploded 88%. The stock, as of this moment, is up 10%.This confirms our thesis that the market is undervaluing the fundamental changes at this old-line furniture retailer. While… Read More

Earnings season for the Growth Stock Strategist portfolio kicks into high gear next week.  Ethan Allen reports on Monday followed by Exactech on Tuesday. Wednesday ushers in a report from On Assignment.The following week we’ll hear from Integrated Device Technology and Weyco Group. Lattice wraps up the results with a… Read More

We are selling Stepan Company (NYSE: SCL)  from the Growth Stock Strategist portfolio. The stock is up almost 13% since our recommendation on March 3 and is just about touching our $60 target. The specialty chemical maker trades at 15 times 2017 estimates but is only growing at 6%. Although Stepan’s… Read More

Growth Stock Strategist holding Lattice Semiconductor leapt 18% today and was up as much as 20% mid-day on the news that China’s Tsinghua Unigroup acquired a 6% stake in the company. Read More