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Zacks Analyst Blog Highlights: Vodafone, China Mobile, Bristol-Myers Squibb and Sanofi-Aventis.


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: Vodafone (NYSE NYSE

See: New York Stock Exchange
: VOD See video-on-demand.

VoD - video on demand
), China Mobile (NYSE: CHL CHL crown-heel length. ), Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were  (NYSE: BMY BMY Bristol Myers Squibb ) and Sanofi-Aventis (NYSE: SNY n. 1. An upward bend in a piece of timber; the sheer of a vessel. ).

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

Here are highlights from Thursday's Analyst Blog:

Market Share Gains for Vodafone

We maintain our Buy recommendation for Vodafone (NYSE: VOD), the largest revenue generating international wireless carrier. We expect the firm to continue delivering solid operating results, while increasing shareholder returns through higher dividend payments and share repurchases. Management plans to payout [pounds sterling]10.2 billion ($18.2 billion) to its shareholders, through share repurchases and dividends in fiscal 2007.

Momentum is also building for the company's 3G (Third Generation) wireless services and Vodafone is gaining market share in most of its key markets. Furthermore, the company is looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 opportunities in untapped emerging markets, such as South East Asia, to foster growth. Recent acquisitions and divestitures is forecasted to provide operational efficiency and expand top-line revenue.

With 170 million customers in 26 countries, it is the world's largest revenue generating wireless communications operator and is the second largest carrier - behind China Mobile (NYSE: CHL) - based on subscriber count. The company operates independently and through affiliates, notably under the Vodafone brand name. It has a major presence in continental Europe, the U.S., and the Far East. Vodafone owns 45% of Verizon Wireless, the second largest U.S. wireless service provider.

Bristol-Myers Rates a Hold

Bristol-Myers Squibb (NYSE: BMY) is a global leader in the research and development (R&D) of lifesaving and life-enhancing drugs. The company's R&D efforts lead to the manufacturing and distribution of drugs for the treatment of heart diseases, high blood pressure, diabetes, cancer, HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome , depression, schizophrenia and other disorders. Patent expirations will make the next several years challenging despite an attractive mid-to-late-stage pipeline.

The biggest significant event on the horizon is the outcome of the ongoing Plavix litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 trial. We expect Bristol and Sanofi (NYSE: SNY) to previal, protecting Plavix exclusivity into 2011. The shares should rally towards $30 as investors become more comfortable with Plavix returning to growth and Bristol's pipeline starting to deliver.

We currently rate shares of Bristol-Myers a hold with a $30 target. Despite what we believe is an undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 late-stage pipeline and good cost-cutting opportunities for an acquirer, Bristol shares will probably trend sideways until the outcome of the Plavix patent trial much later in 2007. We caution investors that Bristol cannot endure this loss of Plavix without undertaking substantial restructuring. Plavix, the second largest pharmaceutical product in the world, accounts for an estimated 35% of the Bristol bottom-line. The loss of Plavix exclusivity would be devastating dev·as·tate  
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.

2. To overwhelm; confound; stun: was devastated by the rude remark.
. We place the odds of Bristol/Sanofi winning the trial at over 2:1.

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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Publication:Business Wire
Date:Mar 16, 2007
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