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Top Technology Equity Funds – Mutual Fund Commentary

Zacks Market Commentaries (June 16th, 2009) Writes:

Today we are featuring top-performing "Technology" equity mutual funds, which invest in equity securities of companies that develop or are part of the advanced technology sector.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Technology Equity Funds.3 Hi-Tech Choices

Northern Technology (NTCHX) was incepted in April 1996. The investment seeks long-term capital appreciation.

The fund invests more than 25% of its assets in stock of companies that develop, or sell computers, software or peripheral products and have the potential to outperform the market over the next 1 or 2 years. It may invest in other technology businesses represented in the NYSE Arca Tech 100 Index.

Unit holders have to make a minimum initial investment of $2,500 to enter the Zacks#1 Rank ("Strong Buy") fund. Dividends and capital gains, if any,

...

Marsh & McLennan Falls Short in Q1 – Zacks Tale of the Tape

Zacks Market Commentaries (May 6th, 2009) Writes:
Marsh & McLennan Cos. Inc. (MMC) announced first-quarter adjusted earnings of 40 cents per share, which missed the consensus by 3 cents.

Earnings for the quarter came in a penny shy of last year's profit of 41 cents per share.

However, Marsh & McLennan's share price is up over 6% today.

The company's risk and insurance services, consulting and risk consulting and technology businesses saw revenue declines during the quarter, as total sales declined 13% from last year to $2.63 billion.

The consensus for the current year has dropped to $1.56 from $1.59 over the past month, reflecting downward revisions by 3 of 15 covering analysts.

The Zacks #4 Rank ("Sell") is currently moving on low volume of 4.8 million shares, against the daily average of 6 million.

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

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