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Zacks Bull and Bear of the Day Highlights: Gentiva Health Services, Inc., MetroPCS, Yahoo! Inc., Google and Boeing Company – Press Releases

Zacks Market Commentaries (October 22nd, 2009) Writes:

For Immediate Release

Chicago, IL – October 22, 2009 – Zacks Equity Research highlights Gentiva Health Services, Inc. (GTIV) as the Bull of the Day and MetroPCS (PCS) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Yahoo! Inc. (YHOO), Google (GOOG) and Boeing Company (BA).

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:

Gentiva Health Services, Inc. (GTIV) has scheduled its third quarter earnings call for October 29th, one week from today. Gentiva reported a second-quarter net income of 59 cents per share which was much higher than the Zacks Consensus Estimate of 45 cents.

The company boasts of a diversified product portfolio. Its product offerings include home health, hospice, respiratory therapies and home medical equipment. Gentiva serves nearly 500,000 patients annually

...

MetroPCS Communications (PCS) – Bear of the Day

Zacks Market Commentaries (October 22nd, 2009) Writes:
We downgrade our recommendation for MetroPCS (PCS) to Underperform, which reflects the company's disappointing results in the last quarter. Reported earnings missed the Zacks Consensus Estimate, partly due to higher operating expenses.

Moreover, subscriber growth decelerated significantly on a sequential basis, hurt by intense competition in the prepaid wireless segment. MetroPCS contends with high churn (customer switch) levels due to increased customer defection as its larger peers continue to lure subscribers with competitive service plans and better product offerings.

We are also concerned about the highly leveraged balance sheet, which may limit the company's ability to invest in growth initiatives moving forward.Zacks Investment Research


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