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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Ingram Micro (IM) reported third-quarter EPS of 25 cents, exceeding the Zacks Consensus Estimate of 20 cents.
 
Revenues
 
The company reported third-quarter revenues of $7.38 billion, down 11.0% on a year-over-year basis and up 12% on a sequential basis. The year-over-year decline in revenue can be attributed to the negative economic environment that prevailed throughout the last one year. Foreign currency translation negatively impacted the year-over-year comparison by approximately 3.0%, but had a positive impact on quarterly comparisons.

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Ingram Micro (IM), a largest technology distributor, posted much better-than-expected Q3 results.

For the quarter, revenues were $7.38 billion, down 11% from a year ago due the soft economic environment, but much better than the Street consensus of $6.65 billion. Profits of 25 cents a share beat the Street by five cents.

CEO Gregory Spierkel said in a statement that “an improving demand environment, stronger foreign currencies and our proactive efforts to engage our customers yielded solid results this quarter.”