Short on time this morning, so I’m going to try and run these quickly… Again, I’m going to organize these posts by total rank (the ranking is a proprietary rank of SelfInvestors.com which combines a fundamental and technical score, for information on the ranking and the SelfInvestors.com database, please see this page.) 

Rank (51/60)

Top ranking stock to report earnings this morning is RPC Inc (RES), and oil services company.  The company beat estimates by .02/share and is reporting a revenue increase of 19% and earnings increase of 59%.  The stock is currently working the right side of a base as volume increases.  Look for resistance at 20.  No change to report premarket.

Rank (51/60)

• RPC Inc (RES), and oil services company beat estimates by .02/share and is reporting a revenue increase of 19% and earnings increase of 59%.  The stock is currently working the right side of a base as volume increases.  Look for resistance at 20.  No change to report premarket.
• Par Technology (PTC), a hardware, software and services provider to the hospitality and retail industries has had quite a run, more than doubling in the last 5 months.  Yesterday, the company bounced off support of the 50 day moving average for the first time since breaking out and will need a strong earnings report to remain above.  Looks like the company is reporting solid but unspectacular results, with a 71% increase in earnings and 19% increase in revenue.  The company did beat estimates by .03/share.  No change to report premarket.

Rank (50/60)

• Aspect Medical (ASPM): This is a company i’ve had my eye on for some time.  They develop an anesthesia monitoring system to assess consciousness during surgery.  Ist time profitable in ’04, with accelerating growth in recent quarters.  The company beat estimates this morning by .02/share and is guiding Q3 higher.  The stock broke out on April 21st, but has been hovering around support of the 50 day moving average lately.  It is a highly volatile stock, no not for the feint of heart!  No movement premarket to report.

Rank (49/60)

• Iris International (IRIS):  A designer, developer, manufacturer of vitro diagnostic equipment, IRIS has posted huge growth in the last year after after losing money in ’03.  Technically, the stock continues to look strong as it trends along the 50 day average (where it sits now.  A bounce off support may offer an opportunity to add a small position.  The company hasn’t reported earnings yet this morning.
• T. Rowe Price (TROW):  The investment managers have had a nice run and T. Rowe is no exception.  The stock broke out to all time highs on July 6th and is currently up 4% from that point, so still in a buyable range.  The company beat estimates this morning by .02/share.  No change to report premarket.

Rank (48/60)

• Grey Wolf (GW): Another oustanding quarter for this oil driller as they beat estimates by .01 and swung to a profit this time around with .12/share (vs. a loss of .01 in the year ago period).  Stock is down just a bit premarket.  The stock broke out June 14th and is currently too extended from a proper buy point.
• Helmerich & Payne (HP): Another oil driller beating estimates, this time by .04 share.  The stock has had quite a run since breaking out at the beginning of June and is too extended at this time to be considered for puchase.

Others notables reporting this morning…..

Chicago Bridge and Iron (CBI), Monster Worldwide (MNST), Diamond Offshore (DO), Rollins Inc (ROL), Arrow Electronics (ARW), Respironics (RESP), Affiliated Managers (AMG).

Hologic (HOLX) beats by .08/share and is up 13% premarket.
PF Changs (PFCB) is cutting its forecast and getting hammered as a result.