Here are two stocks we found that have been strongly bullish for months and offer no signs of slowing down anytime soon. Both stocks are projected to grow substantially through 2012 and are worth an investor's look.
Harte-Hanks, Inc. (HHS) operates as a direct and targeted marketing company that provides direct marketing services and shopper advertising opportunities to local, regional, national, and international customer and business-to-business marketers. The company operates through two segments, Direct Marketing and Shoppers. The Direct Marketing segment offers integrated, multichannel, and data-driven solutions for various brands. It helps its customers gain insight into their
customers' behaviors from the data and create multichannel marketing programs.
After a hard fall in May of 2011, HHS spent the next 4 months moving down until it found its base in September. It has been moving up since then and has increased steadily a good 35% from when it turned upward. It shrank slightly from its 2010 levels but this is expected in the type of economy we have had. This was the sixth consecutive quarter of Direct Marketing revenue growth, an increase of 2.2% versus an increase of 6.2% in the 2010 fourth quarter, excluding the nonrecurring recall revenue from last year. Margin improved from 15.4% in the 2010 fourth quarter to 15.8% in the current quarter.
With analysts giving HHS (13.00) for a projected high, we still have a nice movement ahead. Considering the recent dividend increase, they continue to expect bullish movement through 2012. This is one you want to take a close look at to invest in,.
Comerica Incorporated, (CMA) through its subsidiaries, provides various financial products and services in Texas, Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as in Canada, and Mexico. Its Business Bank segment is made up of middle market, commercial real estate, national dealer services, international finance, global corporate, leasing, financial services, and technology and life sciences businesses. This segment
offers commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services to medium-size businesses, multinational corporations, and governmental entities.
CMA has been steadily growing since its base in October. So far it has grown about 28% from the base. Currently trading at 30.53, analysts have projected a high of $40.00 for the stock so it has plenty of room to continue growing like it has. Being in the financial sector that leads economic growth, there is a very good opportunity for it to continue moving up. If you have not looked at CMA lately this is a company worthy of your time.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
