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

American Italian Pasta Co (AIPC) AudioCodes Ltd (AUDC) Broadpoint Gleacher Securities Group Inc (BPSG) Cognizant Technology Solutions Corp (CTSH) Corinthian Colleges Inc (COCO) The Corporate Executive Board Co (EXBD) DRI Corp (TBUS) El Paso Corp (EP) EnerSys (ENS) Fairchild Semiconductor International (FCS) Fresh Del Monte Produce Inc (FDP) Fuel Systems Solutions Inc (FSYS) Genoptix Inc (GXDX) HF Financial Corp (HFFC) HLTH Corp (HLTH) Impax Laboratories Inc (IPXL) Jones ...

El Paso Corp.’s (EP) share price has moved into oversold territory with a stochastic value of 16.89. The Zacks #1 Rank (“Strong Buy") stock has topped the Zacks Consensus Estimate in 3 of last 4 quarters with an average surprise of 24.49%, or 7 cents per share. The Zacks Consensus Estimate on the company’s full-year earnings has climbed 8 cents over the past month to $1.07 per share. The company has declared a quarterly dividend of 5 cents per share, which will be paid on Oct 1.

"EP" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

For Immediate Release

Chicago, IL - June 24, 2009 - Zacks Equity Research highlights El Paso Corp. (EP) as the Bull of the Day and Cadence Design Systems (CDNS) the Bear of the Day. In addition, Zacks Equity Research provides analysis on ICICI Bank (IBN), Infosys (INFY) and Wipro (WIT).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

We are maintaining our Buy recommendation on El Paso Corp. (EP) but are lowering our target price from $13.00 to $12.00 per share. The stock is up roughly 60% since March as worries of liquidity and execution risk on its backlog of pipeline projects has been alleviated due to the normalization of capital markets and indications of a stabilizing U.S.

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With U.S. employers cutting fewer jobs in April and banks' stress test results throwing up less-than-expected surprises, U.S. stocks advanced helping S&P 500 erase this year's losses and tech-heavy Nasdaq recorded its ninth straight weekly gain.  Reassuring signs emerging from the employment front indicated the economy is starting to find its footing as even a $75 billion deficit in capital failed to deter investors.  Stock buyers helped broad-based S&P 500 end the week 5.9% higher - the index is up 37% from a 12-year low hit on March 9. During the week, the Dow Jones Industrial Average added 362.24 points, or 4.4%, to 8,574.65. The Chicago Board Options Exchange Volatility Index, a measure of market volatility, declined 9.2% to 32.05. Volume on the NYSE was a heavy 1.9 billion as advancing issues outpacing declining stocks by a five-to-one margin. Among S&P sector groupings, financials were the leading gainers

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Shares of El Paso Corp. (EP) surged more than 15% today as first-quarter earnings bettered Wall Street expectations, driven by hedging gains and pipeline growth.

Adjusted EPS for the natural gas transporter came in at 47 cents, well ahead of the lowered 27-cents consensus derived from 8 analysts.

Meanwhile, revenues grew 17% to $1.48 billion on robust performances by its pipeline group, as well as exploration and production segments.

Although the full-year consensus is down 8 cents over the past 2 months to 92 cents per share, the better-than-expected quarterly results may lead to positive analyst revisions over the next several weeks.

EP, a Zacks #3 Rank ("Hold") stock, is trading on volume of approximately 8.4 million, compared to daily average volume of about 8.6 million.

"EP" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Acergy SA (ACGY) Akzo Nobel NV (AKZOY) Allegheny Energy Inc (AYE) Axis Capital Holdings Ltd (AXS) BG Group Plc (BRGYY) Camden Property Trust (CPT) CBL & Associates Properties Inc (CBL) Columbus McKinnon Corp (CMCO) Consolidated Graphics Inc (CGX) Cytec Industries Inc (CYT) Dawson Geophysical Co (DWSN) Delphi Financial Group Inc (DFG) El Paso Corp (EP) Equinix Inc (EQIX) Frontline Ltd (FRO) Gamco Investors Inc (GBL) Illinois Tool Works Inc (ITW) Lindsay Corp (LNN) Loews Corp (L) M&T Bank Corp (MTB) Mercury General Corp (MCY) Old Point Financial Corp (OPOF) Parker-Hannifin Corp (PH) Partner Communications Company Ltd (PTNR) Signet Jewelers Ltd (SIG) Superior Energy Services Inc (SPN) Urban Outfitters Inc ...

For Immediate Release

Chicago, IL – March 26, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Trident Microsystems, Inc. (TRID), Sony Corp. (SNE), TiVo (TIVO), Blockbuster (BBI) and El Paso Corp. (EP).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

Trident Looking Beyond Near Term

Trident Microsystems, Inc. (TRID) is a leader in integrated circuits for Digital Television. While its products are used in all kinds of displays, LCD television is its most important growth market as LCD televisions take share from plasma in

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We are maintaining our Buy recommendation on El Paso Corp. (EP) but lowering our target price from $15.00 to $13.00 per share. The stock has fallen +70% since July on worries of liquidity, execution risk on its backlog of pipeline projects and soft commodity prices.However, we believe that the company's experienced management and ability to generate liquidity will allow the company to weather the current economic and financial storm. We see the pipeline business obtaining the necessary financing to carry its project backlog setting it up for attractive long-term EBIT growth.We believe that the negative near-term macro-economic backdrop has been priced into both its pipeline and E&P businesses and the upside potential outweighs the downside. Read the full analyst report on "EP"Zacks Investment Research

We are maintaining our Buy recommendation on El Paso Corp. (EP). The stock has fallen 65% since July on worries of liquidity and execution risk on its backlog of pipeline projects. However, we believe that the company's experienced management and alternative sources of liquidity will allow the company to weather the current storm.With the recent debt issuance El Paso will be able to meets its $1.0 billion of maturity payments in '09. Additionally, the company will likely take an equity partner in one of its major pipeline projects which will materially alleviate its need for additional funding while still maintaining attractive long-term EBIT growth.We believe that the negative near-term macro-economic backdrop has been priced into both its pipeline and E&P businesses, and the upside potential outweighs the downside.Read the full analyst report on EP. "EP" Free Stock ...