Zacks Bull and Bear of the Day Highlights: Rudolph Technologies, Landry's Restaurants, IMAX Corporation and Ciphergen.CHICAGO -- Zacks Equity Research highlights Rudolph Technologies (Nasdaq:RTEC RTEC Regional Technology in Education Consortium RTEC Ready-To-Eat Cereal RTEC Rural Transit Enterprises Coordinated, Inc (Kentucky, USA) RTEC Run Time Error Checker ) as the Bull of the Day and Landry's Restaurants Landry's Restaurants, Inc. NYSE: LNY is an American corporation which is in the business of developing restaurants and hospitality projects, from Houston Texas. (NYSE NYSE See: New York Stock Exchange :LNY LNY Lanai City, HI, USA - Lanai (Airport Code) ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on IMAX IMAX Noun a film projection process that produces an image ten times larger than standard Corporation (Nasdaq:IMAX) and Ciphergen (Nasdaq:CIPH CIPH Canadian Institute of Plumbing and Heating ). 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 Rudolph Technologies (Nasdaq:RTEC). RTEC is an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and of process diagnostics and control (PDC (1) (Primary Domain Controller) A Windows NT/2000 service that manages security for its local domain. Every domain has one PDC, which contains a database of usernames, passwords and permissions. ) equipment used within the semiconductor manufacturing equipment industry. June quarter results exceeded consensus estimates, as leading edge technology within the PDC sub-segment has driven growth. The company recently closed the acquisition of August Technology, nearly doubling the size of the firm. The acquisition is strategically appealing and appears to be working out just as management predicted. Bear of the Day: Our Bear of the Day recommendation is for Landry's Restaurants (NYSE:LNY). Net income decreased 11.2% in the second quarter, compared to the same quarter of the previous year. A significant increase in labor expense was the main cause for lower net income and decreased operating profit margin Operating profit margin The ratio of operating profit to net sales. . Landry's recent purchase of the Golden Nugget Casinos:
Analyst Blog: IMAX Corporation's (Nasdaq:IMAX) strategy of partnering with big names in the film business and expanding its global network of IMAX theaters has been successful. However, the revenue from IMAX's film productions relies heavily on audiences' responses to particular films, and can consequently be inconsistent and unpredictable. The company's substantial debt and negative shareholder equity restrict its business flexibility and financing options. We are maintaining our Hold rating. Ciphergen (Nasdaq:CIPH) has entered into a transition period when it decided to sell its ProteinChip instrument business recently. This will accelerate its transformation into a specialized diagnostic provider. We believe the company will be able to reinvigorate growth with its OvaSure products. The recent deal with Quest Diagnostics Quest Diagnostics Incorporated (NYSE: DGX) is a United States corporation which provides clinical laboratory services . The company also has a business presence in England and Mexico. Quest Diagnostics is a member of the Fortune 500 and the S&P 500. and the reorganization at Ciphergen further support this belief. We rate the shares of Ciphergen a Hold and maintain our target price of $1.20 per share for the near term. 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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