Zacks Analyst Blog Highlights: American Medical Systems Holdings, Laserscope, eBay, Cititrends and Zumiez.CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day, the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: American Medical Systems Holdings, Inc. (Nasdaq:AMMD AMMD Aerodynamic Mass Median Diameter ), Laserscope (Nasdaq:LSCP LScP left scapuloposterior (position of fetus). ), eBay (Nasdaq:EBAY), Cititrends (Nasdaq:CTRN CTRN Colorado Technical Recruiters Network CTRN Can't Talk Right Now CTRN Certified Transport Registered Nurse CTRN Change That's Right Now, Inc (New York, NY phobia clinic) ) and Zumiez (Nasdaq:ZUMZ). See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2673 Here are highlights from Thursday's Analyst Blog: AMMD Uncertainties American Medical Systems Holdings, Inc. (Nasdaq:AMMD) plans to acquire Laserscope (Nasdaq:LSCP), expanding its position in the urology urology Medical specialty dealing with the urinary system and male reproductive organs. It traces its origin to medieval lithologists, itinerant healers who specialized in surgical removal of bladder stones. products market. The transaction should be accretive to AMMD GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). earnings per share in 2008. However, the lack of financing and synergy detail provided by management, coupled with the high purchase price valuation (4x 2007 LSCP revenues), creates tremendous uncertainty. We are not revising our estimates at this time, although we roughly expect $0.10-$0.15 EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. 2007 dilution. Based on a rough-cut acquisition-adjusted 2007 EPS estimate of $0.67 (from $0.79), at an in-line 1.2x 2007 P/E/G, our target moves to $16.00. Good Prices in Retail As with nearly all stocks, retailers are getting knocked down pretty good today. Is it time to sell? Hardly. For many retailers, business is booming, and we have seen no signs of that stopping. Even so, macro fears that include high gas prices, inflation, and higher interest rates are causing the stocks of the solid companies to sell off as well. While these conditions will negatively impact retailers in general, we think the selling in many names is overdone o·ver·done v. Past participle of overdo. Adj. 1. overdone - represented as greater than is true or reasonable; "an exaggerated opinion of oneself" exaggerated, overstated . So, unless the consumer quits shopping altogether, many of these left-for-dead-retailers should enjoy a nice bounce sometime this summer when the back-to-school shopping season starts getting price into stocks. We think the recent decline in stock prices presents a great time take positions in stocks with the strongest market positions--eBay (Nasdaq:EBAY)--or those stocks growing from regional players to national brands--Cititrends (Nasdaq:CTRN) or Zumiez (Nasdaq:ZUMZ). See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645 About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=2674. About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros. |
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