Zacks Bull and Bear of the Day Highlights: Dr. Reddy's Laboratories, Saks, Inc., Molson Coors Brewing Company and Great Plains Energy.CHICAGO -- Zacks Equity Research highlights Dr. Reddy's Laboratories Dr. Reddy’s Laboratories Ltd. (Reddy's), founded in 1984 by Dr. K. Anji Reddy, has become India’s third biggest pharmaceutical company. Reddy had worked in the publicly-owned Indian Drugs and Pharmaceuticals Ltd. (NYSE NYSE See: New York Stock Exchange : RDY RDY Ready ) as the Bull of the Day and Saks, Inc. (NYSE: SKS SKS Szkolny Klub Sportowy (Polish: School Sports Club) SKS Some Kind Soul SKS Samozariadnyia Karabina Simonova (Russian military carbine) SKS Vojens Lufthavn, Denmark - Jojens ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Molson Coors Brewing Company Molson Coors Brewing Company (TSX: TAP; NYSE: TAP) is a company that was created by the merger of two of North America's largest breweries: Molson of Canada, and Coors of the United States, on February 9, 2005. (NYSE: TAP) and Great Plains Energy (NYSE: GXP GXP Geospatial Exploitation Products GXP Galaxy Police (anime) GXP Grid Exit Point (utilities, electricity) GxP Good X Practice ). 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 Dr. Reddy's Laboratories, Ltd. (NYSE: RDY), a global pharmaceutical company located in Hyderabad, India. RDY produces active pharmaceutical ingredients (API), finished dosage forms, and branded and generic pharmaceutical products for the global market. The company has a healthy pipeline and is an active participant in terms of international product filings. We are optimistic about the company's growth prospects, which should improve thanks to several products going off-patent during the next two years. We maintain our Buy recommendation with a target price of $34. Bear of the Day: Our Bear of the Day recommendation is for Saks, Inc. (NYSE: SKS). There was a great deal of noise surrounding Saks' first quarter results because of numerous one-time items related to asset sales and transition arrangements. After nearly $2 billion in asset sales, Saks will need to improve its focus on improving its Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New stores. Unfortunately, management has already cautioned investors to expect weak sales trends in the second quarter, which should pressure its profit margins. In the short term, those investors 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. signs of a turnaround are going to be disappointed. Longer term may be a different story, but it is much too early to speculate. As a result, we continue to recommend that investors avoid SKS shares. Analyst Blog: Molson Coors Brewing Company (NYSE: TAP), formed through the 2005 merger between Molson and Adolph Coors Adolph Herman Joseph Coors, Sr. (February 4, 1847 – June 5, 1929) was a brewer who started the Adolph Coors Company in Golden, Colorado in 1873. Early years , has greater scale and financial strength so that the company can better compete with major brewers. Though soft volume trends - especially in Europe - have produced disappointing earnings reports, the subsequent dramatic decline in the stock's price has discounted much of investors' disappointment. Despite the sale of the majority interest of Cervejarias Kaiser, we maintain our Hold recommendation due to the continuing competitive uncertainties in Europe and the U.S. Although the company's ongoing energy plan, a growing customer base, and an attractive fuel mix should help return modest earnings growth to Great Plains Energy (NYSE: GXP), continuing concerns relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future regulated rate reductions, increasing expenses, declining wholesale margins, and a potentially dilutive equity offering in 2006 remain a reality. Accordingly, we maintain a market-neutral HOLD recommendation on GXP common stock with a six-month target price of $29. Price appreciation to our near-term valuation target, coupled with the company's $0.415 per share quarterly cash dividend - one of the highest in the industry yielding 5.9% yet potentially unsustainable given the projected 92% earnings payout in 2007 - represents annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. total return potential of 11.0%. 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 In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , 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 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=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) 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. 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