Zacks Bull and Bear of the Day Highlights: Endesa-Chile, Liberty Property Trust, TC PipeLines and CuraGen Corp.CHICAGO -- Zacks Equity Research highlights Endesa-Chile (NYSE NYSE See: New York Stock Exchange : EOC EOC Emergency Operations Center EOC Equal Opportunities Commission (UK) EOC Educational Opportunity Center EOC End Of Course EOC Epithelial Ovarian Cancer EOC Environment of Care (JCAHO) ) as the Bull of the Day and Liberty Property Trust (NYSE: LRY LRY Liberal Religious Youth (Unitarian Universalist church; now Young Religious Unitarian Universalists) ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on TC PipeLines (Nasdaq: TCLP TCLP Toxicity Characteristic Leaching Procedure (US EPA) TCLP total concentrate leachate procedure TCLP Type Classification Limited Procurement TCLP Type Classification Limited Production ) and CuraGen Corporation (Nasdaq: CRGN). 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 Endesa-Chile (NYSE: EOC). First quarter results were positive, and the short-to-medium-term outlook for electricity demand in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. remains encouraging. The economic outlook for Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. remains very positive in the short term and electricity demand should keep growing. Additionally, the favorable precipitation precipitation, in chemistry precipitation, in chemistry, a process in which a solid is separated from a suspension, sol, or solution. In a suspension such as sand in water the solid spontaneously precipitates (settles out) on standing. during the first part of 2007 in South America will help keep generation costs down and earnings up in the very short term. Bear of the Day: Our Bear of the Day recommendation is for Liberty Property Trust (NYSE: LRY). Operating results are improving and Liberty slightly exceeded our 1Q estimates ($0.80 reported vs. $0.78 estimates). Same store occupancies are rising along with rental rates in most of LRY's markets. Liberty is focusing on repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. its portfolio, which could prove beneficial down the road, although we expect earnings dilution as the company continues to exit Detroit. We still rate LRY a sell despite a low comparative valuation. Occupancies are soft in many of the company's core markets, and we do not expect rent increases to continue throughout the year. The company has a large development pipeline that is only 50% leased, which poses a real risk if the economy softens later this year. We expect minimal earnings growth in 2007. Analyst Blog: We are upgrading TC PipeLines (Nasdaq: TCLP) units to Buy from Hold following the partnership's better-than-expected first-quarter 2007 results. We believe that the partnership's much improved distribution-growth prospects, stemming largely from the roughly $1.5 billion worth of acquisitions completed in the recent past, are not reflected in its discounted valuation relative to the peer group. CuraGen Corporation (Nasdaq: CRGN) is a biopharmaceutical company engaged in developing genomic-based drugs for the treatment of various diseases. The company is progressing very well with both its clinical programs and genome sequencing business. The sale of 454 Life Sciences to Roche will reduce CuraGen's top line growth dramatically in the coming years, but will strength its balance sheet. The company now will focus on its cancer programs. 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 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion