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Wall Street brokerage firms recommend Sunrise Medical and Western Waste stock.


Wall Street brokerage firms recommend Sunrise Sunrise, city (1990 pop. 64,407), Broward co., SE Fla., a residential suburb 8 mi (13 km) W of Fort Lauderdale; inc. 1961 as Sunrise Golf Village. It is a major office and commercial center and the site of Sawgrass Mills, one of the largest malls in the United States.  Medical and Western Waste stock

Some recent recommendations from Wall Street brokerage houses on Southland south·land or South·land  
n.
A region in the south of a country or an area.



southland·er n.

Noun 1.
 stocks:

Sunrise Medical Inc.: Brokerage Kidder, Peabody called this Torrance-based manufacturer and distributor of medical products "attractive" for investors seeking long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 capital appreciation.

Sunrise sells wheelchairs, patient aids, health care beds, specialty mattresses and other products, and has leadership positions in these market segments, said Kidder Peabody. Sunrise net should hit $7.7 million on sales of $200.1 million in 1991, said Kidder Peabody.

Western Waste Industries: This Gardena-based manager of solid waste disposal systems and landfills is a "buy/hold" stock, said brokerage Dean Witter Dean Witter may refer to:
  • Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
  • Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)
.

The stock is selling at nearly 27 times earnings per share, a pretty hefty heft·y  
adj. heft·i·er, heft·i·est
1. Of considerable weight; heavy.

2. Rugged and powerful. See Synonyms at heavy.

3.
 ratio, and the recession, the depressed construction business and higher fuel costs are hurting the company, said Dean Witter.
COPYRIGHT 1991 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:Cole, Benjamin Mark
Publication:Los Angeles Business Journal
Date:Jul 1, 1991
Words:141
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