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World Series trade #5: Sonosite (SONO)

World Series Trade #5 - Sonosite Inc. (SONO)The Yankees are led by a core of four men -- Derek Jeter, Andy Pettitte, Jorge Posada, and Mariano Rivera -- who all came to the club in 1995.

They're no spring chickens, that's for sure. Thankfully, the players are supported by a great organization, which includes top-notch medical care, oftentimes right there in the clubhouse, which is equipped with X-ray and sonogram equipment.

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Six home run World Series trades

6 World Series tradesBaseball fans worldwide continue to warm themselves around the glow of the television to watch the Phillies and Yankees battle it out in the World Series.

Well, sports fans, I know you're psyched, but I have something just as exciting for you: six home run trades.

Peter Lynch had his "take a walk down Main Street" style of investing, so let's call this the "take me out to the ball game" approach to trading. I'm going to give you six trades that I think will knock it out of the park.

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SonoSite (SONO): Shares define bullish 'flag' consolidation

SonoSite (NASDAQ: SONO) develops, manufactures and distributes hand-carried ultrasound systems for use in various medical specialties and in a range of clinical settings. The firm's devices range in size from small handheld units to laptop-sized systems and allow for point of care analyses where larger, cart-based machines may be too cumbersome. SonoSite systems support work in anesthesia, cardiology, critical and acute care, emergency medicine, OB/Gyn, radiology and surgery. Products are sold through direct sales representatives, third-party distributors and strategic alliances.

The company pleased investors earlier in the week, when it guided Q1 revenues to $52 million and said the company would make a profit. Wall Street had been looking for sales of $49.95 million and a deficit of a penny per share. In discussing the favorable view, the CEO particularly noted growth on the international side.

Continue reading SonoSite (SONO): Shares define bullish 'flag' consolidation

SonoSite (SONO) shares defining bullish 'pennant' consolidation pattern

SonoSite (NASDAQ: SONO) develops, manufactures and distributes hand-carried ultrasound systems for use in various medical specialties and clinical settings. The firm's devices range in size from small handheld units to laptop-sized systems and allow for point of care analyses where larger, cart-based machines may be too cumbersome. SonoSite systems support work in anesthesia, cardiology, critical and acute care, emergency medicine, OB/Gyn, radiology and surgery. Products are sold through direct sales representatives, third-party distributors and strategic alliances.

The company pleased investors earlier in the week, when it guided Q4 revenues to $65 million and FY07 revenues to $205 million. The Street had been looking for $62.80 million and $203.3 million, respectively. In discussing the solid numbers, the CEO noted positive market responses to five recent product launches.

Continue reading SonoSite (SONO) shares defining bullish 'pennant' consolidation pattern

Symbol Lookup
IndexesChangePrice
DJIA+20.0310,246.97
NASDAQ-2.982,151.08
S&P 500-0.071,093.01

Last updated: November 11, 2009: 04:06 AM

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