Zacks Analyst Interview Highlights: Alcoa and Rogers Communications.CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with Zacks Equity Analyst Charles Rotblut, who discusses Alcoa (NYSE NYSE See: New York Stock Exchange :AA) and Rogers Communications Rogers Communications Inc. (TSX: RCI.A, TSX: RCI.B, NYSE: RCI) is one of Canada's largest communications companies, particularly in the field of wireless communications and cable television, with additional telecommunications and mass media assets. Edward S. (NYSE:RG). A synopsis of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678. What are your thoughts about first-quarter earnings? We are off to good start, which is not surprising. Approximately 150 companies within the Zacks Rank universe have reported earnings. The ratio of positive surprises to misses is 2.2:1. More telling, however, was the anecdotal evidence anecdotal evidence, n information obtained from personal accounts, examples, and observations. Usually not considered scientifically valid but may indicate areas for further investigation and research. regarding earnings warnings and price increases prior to Alcoa (NYSE: AA) 'officially' starting earnings season. There were not many headline warnings and few industries really seemed to struggle. Granted, housing had some weakness and media companies are facing headwinds, but overall corporate profits are set for another year of growth. Plus, more and more companies are talking about pricing power Pricing Power An economic term referring to the effect that a change in a firm's product price has on the quantity demanded of that product. Pricing power ties in with the "Price Elasticity of Demand. . Although this is inflationary, price increases can lead to wider margins and bigger profits. The projected growth rate for the Zacks Rank universe, which encompasses approximately 4400 shows, is bullish. The average company is projected to generate a 23% increase in profits this year. If the outliers are included, the forecast growth rate jumps to 56.1%. However, the latter number is skewed skewed curve of a usually unimodal distribution with one tail drawn out more than the other and the median will lie above or below the mean. skewed Epidemiology adjective Referring to an asymmetrical distribution of a population or of data upwards by companies such as Rogers Communications (NYSE: RG), which is projected to swing from a loss in 2005 to a notable profit in 2006. For the S&P 500, we are expecting full-year earnings growth in the high single-digits. The average company within the broad-based index Broad-Based Index An index designed to reflect the movement of the entire market. The smallest broad-based index is the Dow Jones Industrial Average with 30 industrial stocks, and the largest is the Russell 300 Index. is expected to show growth of 17%. The discrepancy is caused by the fact that S&P 500 is a weighted index, meaning that smaller companies have a lesser impact on the index's earnings, and price movement, than larger company. Thus, when looking at earnings at for such a big index, one has to take into account that there are lies, darn lies and statistics. Nonetheless, the major point to take home is that corporate profits should grow this year. Read the full interview at http://at.zacks.com/?id=2647. 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Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. 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 by going to http://at.zacks.com/?id=2648. Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. (a)The Zacks Performance Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money. (b)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. 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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