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Zacks Releases Four Powerful ”Buy” Stocks: Cantel Medical Corp, Costco Wholesale Corporation, China Green Agriculture, Inc. and DryShips Inc. – Press Releases

Zacks Market Commentaries (November 18th, 2009) Writes:

For Immediate Release

Chicago, IL – November 18, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Cantel Medical Corp (CMN), Costco Wholesale Corporation (COST), China Green Agriculture, Inc. (CGA) and DryShips Inc. (DRYS).      Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is

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Dow Gearing Up to Divest – Analyst Blog

Zacks Market Commentaries (November 16th, 2009) Writes:
Dow Chemical Company (DOW) is planning to sell more non-core assets in 2010 to pay off debt from its $16.5 billion acquisition of rival Rohm and Haas in April of this year. It is planning further debt reductions of about $12 billion. Dow stated that it plans to lighten its debt load and achieve its financial targets ahead of schedule. The Rohm and Haas acquisition is proving to be positive for Dow, which is expected to consolidate higher-margin and higher-growth specialty businesses and reduce volatility in earnings and cash flow, going forward. Dow is aiming to nearly double margins and quadruple earnings per share while reducing debt in the coming years. The company has predicted earnings of $4 to $4.50 per share in 2012 (up from last year’s $1.82) to be achieved through a mix of growth synergies as well as restructuring and cost synergies. ...

Microsemi Beats, Sees Growth in Q1 – Analyst Blog

Zacks Market Commentaries (November 16th, 2009) Writes:
Microsemi Corporation’s (MSCC) fiscal fourth quarter earnings beat the consensus by a penny.

 The company reported revenue of $109.7 million, which was up 2.5% sequentially and down 18.6% year over year.   Microsemi’s Analog/Mixed Signal products cater to three end markets—mobile/connectivity, notebooks/LCD TVs/display and industrial/semicap.  The mobile/connectivity business (11% of revenue) grew 25.3% sequentially and declined 37.6% from the year-ago quarter. The business is currently being driven by the WLAN product line, as the high capital requirement of POE installations limit adoption in the current environment.  Notebooks/LCD TVs/displays generated 7% of revenue, representing a sequential increase of 43.5% and a year-over-year decline of 42.2%. The sequential strength in this business was driven by the seasonally strong LCD TV market, where Microsemi’s CCFL backlights gained share. This was partially offset by sluggish notebook CCFL and auto display markets.  The industrial/semicap business remains weak, generating just ...

Zacks Releases Four Powerful ”Buy” Stocks: Priceline.com Inc., Polaris Industries Inc., Herbalife Ltd. and Healthspring, Inc. – Press Releases

Zacks Market Commentaries (November 13th, 2009) Writes:

For Immediate Release

Chicago, IL – November 13, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Priceline.com Inc. (PCLN), Polaris Industries Inc. (PII), Herbalife Ltd. (HLF) and Healthspring, Inc. (HS).      Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is a summary of

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Applied Beats on Revs and Margins – Analyst Blog

Zacks Market Commentaries (November 12th, 2009) Writes:
Applied Materials’ (AMAT) fourth quarter earnings beat the Zacks Consensus Estimate by 12 cents. Revenue beat the consensus by 15.6%. All the peer companies -- ASML Holdings (ASML), KLA Tencor (KLAC) and Lam Research (LRCX) -- reported results that also beat the consensus. The general improvement in results is proof of the growing momentum in the semiconductor capital equipment market. Revenue Revenue of $1.53 billion was up 34.6% sequentially and down 25.3% year over year. The year-over-year decline in revenue moderated with respect to the three preceding quarters. Revenue by Segment All segments contributed to the sequential increase, as well as the year over year decline in revenue. Silicon Systems (SSG) remains the largest segment, with a 43% revenue revenue share. Segment revenue increased 31.7% sequentially and declined 11.8% year over year. Capacity expansion and technology transitions at foundry customers ...

Zacks Releases Four Powerful ”Buy” Stocks: Jo-Ann Stores Inc., Phillips-Van Heusen Corp., Group 1 Automotive Inc. and NBTY Inc. – Press Releases

Zacks Market Commentaries (November 12th, 2009) Writes:

For Immediate Release

Chicago, IL – November 12, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Jo-Ann Stores Inc. (JAS), Phillips-Van Heusen Corp. (PVH), Group 1 Automotive Inc. (GPI) and NBTY Inc. (NTY).      Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is

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Priceline Beats, Guidance Strong – Analyst Blog

Zacks Market Commentaries (November 11th, 2009) Writes:
Priceline.com (PCLN) reported very strong third quarter results, with earnings beating the consensus by 57 cents and revenue beating by 5.3%. Revenue Revenue of $730.7 million was up 21.0% sequentially and 30.1% year over year. The significant increase from the year-ago quarter was helped by easier comps as the third quarter of 2008 was impacted by the recession, while the third quarter of 2009 benefited from strengthening demand. Revenue growth was driven by significantly higher room night volumes, which offset the decline in average daily rates (ADRs). Room nights increased 14.1% sequentially and 56.3% year over year. Both airline ticket units and rental car days declined sequentially, although they were up 30.2% and11.6%, respectively from the year-ago quarter. Revenue by Source The company generates the largest chunk of revenue from the merchant business. This segment contributed 55% of total revenue, a sequential increase ...

Stock Market News for November 11, 2009 – Market News

Zacks Market Commentaries (November 11th, 2009) Writes:

A day after the triple-digit rally, Wall Street paused for a breather as investors decided to book profits on a light trading day.  The markets opened lower and then swung between gains and losses amid prevailing caution after a series of disappointing results.  The Dow, nevertheless, managed to tack on 20 points for its fifth straight session gain.

The Standard & Poor's 500 Index shed 0.01%, to 1,093.01 and the technology-laden Nasdaq Composite Index slipped 2.98 points, or 0.14%, to close at 2,151.08.  On the New York Stock Exchange, three stocks declined in price for every two that rose.  Volume was light as only 990 million shares exchanged hands.

Record low interest rates and a sliding dollar have helped stocks in recent months as investors have taken their focus away from some of the persistent worries of the economy.  Also, with the Federal Reserve continuing its highly accommodative monetary

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ON Semi Looking Up – Analyst Blog

Zacks Market Commentaries (November 9th, 2009) Writes:
ON Semiconductor (ONNN) reported second quarter earnings that beat the Zacks Consensus Estimate by 4 cents. Revenue by End Market Revenue of $472.9 million was up 12.6% sequentially and down 18.7% year over year. The company saw sequential improvement across all end markets except communications and medical, although all end markets were down on a year-over-year basis. Consumer witnessed the strongest growth, increasing 47.3% sequentially. Automotive and computing also grew double-digits. Year-over-year declines moderated in all except the communications and medical markets. Computing was again the largest end market in the last quarter, generating 27% of sales, followed by automotive with 18%, comunications 17%, industrial/mil/aero with 17%, consumer 17% and medical 4%. Revenue by Segment The double-digit year-over-year decline was across all except the standard products segment, with Digital & Mixed Signal the weakest, followed by Computing & Consumer and Automotive & Power. ...

Millipore Falls Short of Ests – Analyst Blog

Zacks Market Commentaries (November 6th, 2009) Writes:

Millipore Corp. (MIL) reported third-quarter earnings per share of 71 cents, well below the Zacks Consensus Estimate of 93 cents per share.

Revenues for the third quarter grew 4% from the previous year, totaling $412 million. Excluding a 3% unfavorable impact from changes in foreign currency, Millipore generated organic revenue growth of 7%. On a divisional basis, excluding changes in foreign currency, Millipore’s Bioprocess Division generated organic revenue growth of  8%, while the company’s Bioscience Division generated organic revenue growth of 4% from the previous year. In the Americas, revenue grew by 4% year over year while Asia recorded a 16% growth in revenues when compared to a similar period.

Bioprocess Division is sustaining its strong momentum and generating very attractive growth. The division’s performance has returned to tracking the strong fundamentals of the biotech industry and there was also an additional benefit of an increase in vaccine productions. The

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