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Zacks Analyst Blog Highlights: General Motors, Nissan, Tower Semiconductor and Stryker Corp.


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: General Motors (NYSE NYSE

See: New York Stock Exchange
:GM), Nissan (Nasdaq:NSANY NSANY Nissan Motor Co., Ltd. (stock symbol) ), Tower Semiconductor (Nasdaq:TSEM TSEM Tower Semiconductor Ltd. (stock symbol)
TSEM Transmission Scanning Electron Microscopy
TSEM TOW System Evaluation Missile
) and Stryker Corp. (NYSE:SYK SYK So You Know
SYK Saiyuki (anime) 
).

See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673.

Here are highlights from Thursday's Analyst Blog:

GM: All About Carlos Ghosn

General Motors (NYSE:GM) has disclosed that a letter was sent from large shareholder Kirk Kekorian to Nissan (Nasdaq:NSANY) -Renault about their buying a significant minority stake in GM. They appear to be open to the idea, and GM is having a special Board meeting to discuss the possibilities.

The key to this deal is Carlos Ghosn. He turned around Nissan, and could be the person to turn around GM. We remain skeptical about these reports, and feel that a deal will not actually happen. For this reason, we continue to rate the shares a HOLD.

TSEM Upped to Buy

Tower Semiconductor (Nasdaq:TSEM) is a pure-play semiconductor wafer foundry with two IC plants in Israel that manufacture embedded flash-based memory, analog/mixed-signal, and CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes.  image-sensor devices. March quarter top-line exceeded consensus estimates, while the bottom-line underperformed. The forward guidance is for a 17%-25% increase.

The company decreased its cash burn rate, and completed a restructuring. The threat of bankruptcy has been eased due to the restructuring. We feel the company can expand from here, and we expect sales to increase by 52% in 2007. We initiate a Buy rating but still caution this is an extremely speculative stock Speculative Stock

A stock with extremely high risk relative to potential return.

Notes:
Speculative stocks often have a high probability of declining in value and a low probability of experiencing above average gains.
.

Pluses, Minuses for SYK

A plus: Stryker Corp. (NYSE:SYK) filed its PMA PMA (papillary-marginal-attached),
n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation.

PMA Progressive muscular atrophy
 application for OP-1 for use in spine fusion surgeries. A negative: the company received a DOJ (Department Of Justice) The legal arm of the U.S. government that represents the public interest of the United States. It is headed by the Attorney General.  subpoena into antitrust practices. Our reduced $49.00 target is based on roughly an in-line 1x P/E/G or 20x our $2.43 2007 earnings per share estimate.

We are maintaining our Buy recommendation. The company is expected to report second quarter fiscal 2006 earnings on July 20, 2006.

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 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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Comment:Zacks Analyst Blog Highlights: General Motors, Nissan, Tower Semiconductor and Stryker Corp.
Publication:Business Wire
Geographic Code:4EUFR
Date:Jul 7, 2006
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