Zacks Bull and Bear of the Day Highlights: Cutera, Inc., Kimberly-Clark Corporation, AIMCO and Progress Energy.CHICAGO -- Zacks Equity Research highlights Cutera, Inc. (Nasdaq:CUTR CUTR Center for Urban Transportation Research ) as the Bull of the Day and Kimberly-Clark Corporation (NYSE NYSE See: New York Stock Exchange :KMB KMB Kimberly-Clark Corporation KMB Kowloon Motor Bus (Hong Kong) KMB Kempen & Co Merchant Bank (Germany) KMB Kiss My Butt KMB Knabenmusik der Stadt Bern ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on AIMCO AIMCO Apartment Investment Management Company (Columbus, OH) (NYSE:AIV AIV Avian Influenza Virus AIV Année Internationale des Volontaires (French) AIV Associazione Italiana del Vuoto (Italian Vacuum Association) AIV Assembly-Integration-Verification AIV Alternative Inter VLC ) and Progress Energy (NYSE:PGN PGN Portable Game Notation (chess) PGN Procuraduria General de la Nación (Spanish) PGN Philadelphia Gay News PGN Parameter Group Number PGN Phi Gamma Nu (business fraternity) ). Full analysis of all four stocks is available at http://at.zacks.com/?id=2676. Here is a synopsis of all four stocks: Bull of the Day: Our Bull of the Day recommendation is for Cutera, Inc. (Nasdaq:CUTR). CUTR settled with Palomar and agreed to pay past and future hair removal royalties. Although CUTR admitted patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. , a major distraction and risk has now been removed. Our estimates decline on higher royalty-related expenses. In-line with the group 2007 P/E/G, our target moves up to $30. Bear of the Day: Our Bear of the Day recommendation is for Kimberly-Clark Corporation (NYSE:KMB). Despite progress on the company's three cost savings programs (FORCE, the Global Business Plan, and the Competitive Improvement Initiatives), rising raw material costs, weak European operations, and competitive pressures are negatively impacting results. As a result, the stock is recommended as a Sell. Analyst Blog: We are upgrading AIMCO (NYSE:AIV) to Hold. The company had an impressive 1st quarter and easily beat our FFO FFO See: Funds from operations estimates. On a portfolio wide basis, the company reported solid occupancy, revenue and NOI NOI Net Operating Income NOI Notice of Intent NOI Nation of Islam NOI Notice of Inquiry NOI Neuro Orthopaedic Institute NOI New Organizing Institute NOI Notice of Interest NOI No Offense Intended NOI National Olympiad in Informatics increases. Apartment fundamentals are continuing to improve and the entire industry will continue to make gains throughout the year. Apartment companies are reporting their best results in years. Progress Energy (NYSE:PGN) maintains a diversified asset portfolio ranging from regulated utilities to competitive generation. Future prospects appear relatively bright given the company's increased generation capacity, expected rate hikes, market expansion and an improving balance sheet. However, existing cost pressures and an expected decline in earnings due to unfavorable weather and loss of synfuel syn·fu·el n. A liquid or gaseous fuel derived from coal, shale, or tar sand, or obtained by fermentation of certain substances, such as grain. [syn(thetic) + fuel.] operations remain worrisome issues. Get the full analysis of all four stocks by going to http://at.zacks.com/?id=2649. About the Bull and Bear of the Day Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months. About the Analyst Blog Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets. 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=2677. 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 by going to http://at.zacks.com/?id=2650. 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 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 to buy or sell any security. |
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