For Immediate Release

Chicago, IL - July 2, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Seagate Technology (STX), STEC, Inc. (STEC), Research in Motion (RIMM), Palm (PALM) and Apple (AAPL).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Second-Quarter Earnings Outlook

Though the Nasdaq has been one of the best-performing indexes this year, tech stocks could be poised for further gains in the second half of the year.

In particular, demand for storage devices and smartphones is showing signs of strength. During the past 2 weeks, several brokerage analysts have raised their profit projections on makers of these products.

Storage Device Revenues Higher Than Anticipated

Two storage makers recently raised their quarterly guidance.

Seagate

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Though the Nasdaq has been one of the best-performing indexes this year, tech stocks could be poised for further gains in the second half of the year.

In particular, demand for storage devices and smartphones is showing signs of strength. During the past 2 weeks, several brokerage analysts have raised their profit projections on makers of these products.

Storage Device Revenues Higher Than Anticipated

Two storage makers recently raised their quarterly guidance.

Seagate Technology (

...

Today we are featuring top-performing "Aggressive Growth" equity mutual funds, which primarily invest in high-risk equity securities to achieve maximum growth.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Aggressive Growth Equity Funds.3 Superior Examples

Waddell & Reed Adv New Concepts A (UNECX) was incepted in June 1983. The fund seeks capital growth by investing primarily in a diversified portfolio of common stocks of U.S. and foreign mid-cap companies.

Kimberly A. Scott has been lead manager at the fund since February 2001. The fund has topped the total returns of its benchmark index in the last 1-, 3- and 5-year periods.

The fund's top holdings include Henry Schein Inc. (HSIC), Global Payments Inc. (GPN) and Noble Energy Inc. (NBL).

Transamerica Premier Focus Inv

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The electronics and computing industries are getting primed for a massive transformation in the years ahead. Quantum technologies that were only theories in scientific journals just a few years ago are being prototyped in labs now. These new components will change the way we live forever. They will also create transformational profit opportunities.

If you missed the chance to buy into the computer industry when it was young, this is a second shot…

Currently, the mainstream electronics industry processes data by moving bunches of electrons about in huge batches. Think of the components in your PC as electrical plumbing. Data are usually stored as batches of electrons. Imagine your computer’s hard drive as a bunch of very small buckets, some full of water, some not. This will change.

Improved materials technologies from emerging nanosciences are allowing us to replace batches of electrons with the smallest individual unit: the electron. As a result, computers

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Can it get any worse for SanDisk Corp. (NASDAQ:SNDK) shareholders?  Today analysts slammed rumors of a takeover by hard-drive maker Seagate Technology and brought shares less than $3 from their 52-week low closing at $15.84 a share. SNDK is moving up 2% after hours, but today's 10% decline has battered the already beatup flash memory chip maker. More from Barron's Blog: Citigroup analyst Craig Ellis today that says 2009 earnings estimates are in jeopardy for SanDisk Corp. because contract ...

I am sitting here listening to the second quarter conference call hosted by Seagate Technology (STX), the world’s leading provider of hard disk drives