Ben Zacks Recommends the Following Stock: Kellwood Company.Business Editors CHICAGO--(BUSINESS WIRE)--April 15, 2003 Uncertainty has made this market a dangerous place, but Ben Zacks can help you make the most of this difficult environment through a careful study of earnings estimate revisions and a new addition to his Focus List. Get his take on Kellwood Company (NYSE NYSE See: New York Stock Exchange :KWD KWD In currencies, this is the abbreviation for the Kuwaiti Dinar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: The uncertainty of this market, economic and geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. environment is daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin . Ben Zacks has never seen so much indeterminacy in·de·ter·mi·na·cy n. The state or quality of being indeterminate. Noun 1. indeterminacy - the quality of being vague and poorly defined indefiniteness, indefinity, indeterminateness, indetermination on so many fronts at the same time. He doesn't see many reasons to be committing new money to the market, but he does continue to feel that maintaining majority equity exposure is the best way to grow your wealth; the only question is which stocks to buy. Zacks continues to believe that the majority of your portfolio should be devoted to equities. They offer the most upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar in order to participate in the earnings of strong companies. Zacks has added Kellwood Company (NYSE:KWD), a manufacturer of apparel and camping soft goods soft goods pl.n. See dry goods. Noun 1. soft goods - textiles or clothing and related merchandise drygoods commodity, trade good, good - articles of commerce . The company beat guidance in the fourth quarter and continues to guide higher while expanding its product lines and brands. They are expanding licensing and strategic partnerships and should grow revenues in the 15% range in 2003. This is a $700 million market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. company with over $2.5 billion in estimated sales for '03, pays a 2.2% dividend and has manageable debt. Make sure to get more of Ben Zacks' market analysis and view all of the stocks on his Focus List by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. Methodology of the Performance Calculations: The Timely Buys portfolio is measured based on how an investor would have fared by buying all of the given recommended stocks and selling all of the stocks which have been removed from the list. Time frame is from 3/1/1996 to 6/28/2002. All stocks are equally weighted at the beginning of each calendar year and are rebalanced after a stock is added or deleted from the list and on a quarterly basis. Performance is measured at the same intervals. Results are measured using only capital gains or losses capital gains or losses n. particularly when calculating the tax liability of an individual or business, this is the difference between the original cost plus the cost of capital improvements, excluding maintenance, called "basis" and the sales price. . No dividends, taxes or transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). are included. Transactions occur on the date posted. Closing prices are used on those dates for the calculation of the results. Past performance is no guarantee of future results. |
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