Bernie Schaeffer Profiles the Following Stock: Procter & Gamble.Business Editors CHICAGO--(BUSINESS WIRE)--Feb. 19, 2003 Now, more than ever, investors need help in determining the best way to generate profits in an uncooperative environment. That's exactly what Bernie Schaeffer offers readers. Learn what's moving the market and get his Featured Stock of the Day right here. Get his take on Procter & Gamble (NYSE NYSE See: New York Stock Exchange :PG). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: (excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. from Friday, February 14th's Daily Bulletin) Economic Readings: U.S. business inventories climbed for the eighth consecutive month - increasing 0.6% in December compared to the estimated 0.2% advance. January industrial production increased by 0.7% versus the expected 0.3% rise. Capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. for January came in at 75.7% versus projections for 75.6%. Technical Talk: After falling near the 800 mark, the S&P 500 Index used a late-afternoon rally to close down fractionally for Thursday's session. Should the benchmark index manage to stage a continuation of that reversal, the first test will come at approximately 840, which is the site of its declining 10-day moving average. As stated in previous commentaries, the SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. has been unable to notch a close back above resistance at this key trendline since mid-January. Bernie reiterates his bearish Bearish Words used to describe investor attitude. A bearish investor believes that a particular asset or the market as a whole will decline in value. bearish posture on consumer products giant Procter & Gamble (NYSE:PG). As the stock continues to trend lower, it's interesting to note that options players have become increasingly optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op . PG's Schaeffer's put/call open interest ratio stands at a reading of 0.85, which is in the 39th percentile percentile, n the number in a frequency distribution below which a certain percentage of fees will fall. E.g., the ninetieth percentile is the number that divides the distribution of fees into the lower 90% and the upper 10%, or that fee level of the past year's worth of data. In addition, Wall Street maintains its steadfast support of PG. Nine of the 10 analysts following the firm rate it a "buy" or better, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Zacks. Given the stock's technical weakness, Bernie views the continued optimism on the part of both the analyst community and options speculators to be contrarian in nature. You can learn more about Bernie's Featured Stock and get additional market commentaries everyday 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. 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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 solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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