Charles Carlson Recommends DRIPs for the Following Stocks: Intel and Microsoft.Business Editors CHICAGO--(BUSINESS WIRE)--April 29, 2003 Technology DRIPs have gained traction in the NASDAQ's recent rally, and Charles Carlson has a pair of stalwarts that could help you put the bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish pieces of the puzzle together. Get his takes on Intel (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ) and Microsoft (NASDAQ:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Where does Charles Carlson come down on this market? He thinks the reasons to be bullish outnumber out·num·ber tr.v. out·num·bered, out·num·ber·ing, out·num·bers To exceed the number of; be more numerous than. outnumber Verb to exceed in number: the reasons to be 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 . This market has gone through a tough three years and is due for a bounce. If you have been reluctant to put money into this market, now is the time to put some money to work in stocks. Carlson believes that there are a few interesting opportunities among technology stocks that offer dividend reinvestment plans Dividend Reinvestment Plan (DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. . What Carlson likes about Intel (NASDAQ:INTC) is that the firm's operating results seem to be moving in the right direction. December and March quarterly earnings exceeded estimates. For the March period, Intel earned $0.14 per share, down a penny from the year-earlier period but two cents better than the consensus estimate of $0.12. Revenue was down less than 1% from the year-earlier quarter to 6.75 billion. For the second quarter, the company is expecting revenue between $6.4 billion and $7.0 billion. It is possible Intel could retest re·test tr.v. re·test·ed, re·test·ing, re·tests To test again. n. A second or repeated test. its 52 week low of around $13, but Carlson's guess is that these shares will find good support in the mid-teens. Carlson has been mentioning Microsoft (NASDAQ:MSFT) for the last few months as a stock to buy. The stock trades at a 57% discount to its 1999 high of $60. However, the company has been putting up decent numbers in the face of a tech-spending slowdown. For the March quarter overall, per-share profits rose 4% to $0.26, beating earnings estimates by two cents. Revenue rose 8% to $7.84 billion. For fiscal 2004, the company expects revenue in the range of $33.1 billion to $33.8 billion and earnings of $1.04 to $1.06 per share. Remember, however, that Microsoft is famous for its conservatism. Thus, Carlson wouldn't be surprised if Microsoft beats these numbers rather handily hand·i·ly adv. 1. In an easy manner. 2. In a convenient manner. Adv. 1. handily - in a convenient manner; "the switch was conveniently located" conveniently 2. . Learn more about DRIPs for the above-mentioned companies and get another technology play along with Charles Carlson's complete portfolio 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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