Zacks Bull and Bear of the Day Highlights: Novatel Wireless, The Corporate Executive Board, Automatic Data Processing, Johnson & Johnson and Kraft Foods – Press Releases
Zacks Market Commentaries (November 5th, 2009) Writes:
For Immediate Release
Chicago, IL – November 5, 2009 – Zacks Equity Research highlights Novatel Wireless (NVTL) as the Bull of the Day and The Corporate Executive Board (EXBD) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Automatic Data Processing (ADP), Johnson & Johnson (JNJ) and Kraft Foods (KFT).
Full analysis of all these stocks is available at http://at.zacks.com/?id=5506
Here is a synopsis of all five stocks:
We upgrade our recommendation for Novatel Wireless (NVTL) to Outperform following the blockbuster financial results of its third quarter 2009.
We expect the top-line of Novatel to maintain its current growth rate supported by strong demand for MiFi mobile intelligent hotspot and USB modems.
The company has generated a record-high level of free cash flow and significantly improved its gross margin. In addition, the company
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