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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:

Bull of the Day:

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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U.S. Stocks Closed Up July 30, 2009

stock-pr (July 30th, 2009) Writes:

Genworth Financial Inc. (GNW) second-quarter loss narrowed as the company reported sharply smaller investment losses. GNW shares fell 6.5% at $6.65 in after-hours trading as earnings excluding investment impacts were far below analysts’ expectations, giving back the stock’s regular session gains.

First Solar, Inc. (FSLR) second-quarter profit more than doubled on higher revenue and margins. First Solar shares 4.8% to $181.95 in after-hours trading as results topped analysts’ estimates. Evergreen added 7.5% to $2.20.

(NVTL) Novatel Wireless shares rose 13% to $10.50 after the company reported second-quarter revenue above Wall Street expectations.

Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more) Rule 17B

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I-Banking Analysts Top Picks 8/20

CEO Blogger (August 20th, 2008) Writes:

NEEDHAM Analyst Richard Kugele rates HEWLETT-PACKARD STRONG BUY:

a. while the broader tech sector has not uniformly corroborated with the fear of a global recession, nowhere is that more evident than in the consistent, impressive performance of Hewlett-Packard.

b. He notes HP’s far-reaching product offerings and relentless focus on cost have enabled it to mitigate the macro headwinds and thrive.

c. $57 target price.

Track Richard’s pick at:

http://trackthepros.com/categories.php?category_id=1523

PIPER JAFFRAY Analyst Michael Walkeley rates NOVATEL WIRELESS a SELL:

a. second quarter view is disappointing and the company guided to a weaker third quarter.

b. He downgrades on intensifying competition in several key markets, continued transition of product portfolio and lack of near-term catalysts.

c. weak bottom line is driven by a one-time charge related to ongoing internal accounting review and bad debt expenses.

d. He also notes management indicated unfavorable product mix, execution issues, and delays in higher margin products due to changes in

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