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Zacks.com Announces That Bill Martin Highlights the Following Stock: VeriSign.


CHICAGO -- Bill Martin believes that VeriSign (Nasdaq:VRSN VRSN Verisign, Inc. (stock abbreviation, AMEX)
VRSN Version Number (NEC) 
) shares will finally get back on track to close out the year. Check out his recent alert. Bill Martin is the editor of the FindProfit newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the July 21 Featured Expert column by Bill Martin include:

Quick Hit Alert

Second-quarter profits at VeriSign (Nasdaq:VRSN) checked in at $58.6 million, or 24 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, down from $73.6 million, or 27 cents per share, a year ago. Revenue, meanwhile, was $392.9 million, down from $430.4 million a year ago.

VRSN's balance sheet continues to look solid. The company ended the quarter with cash, cash equivalents, restricted cash, and short-term investments of $734 million. This is down -$76 million from the previous quarter, but VeriSign repurchased approximately 3 million shares of stock for $60 million during the quarter. VeriSign also spent $266 million in cash to acquire m-Qube.

With year-over-year comparables becoming significantly easier for VRSN's Communications Group, and new acquisitions set to begin to contribute to operations, Bill Martin and his team are 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.
 VRSN shares to finally get back on track to close out the year. Furthermore, with a free cash flow yield of nearly 7% on the shares, and strong multi-year growth visibility in the company's core businesses, Martin believes that VRSN will start to see its PE multiple stop compressing com·press  
tr.v. com·pressed, com·press·ing, com·press·es
1. To press together: compressed her lips.

2. To make more compact by or as if by pressing.

3.
 and start expanding over the coming next few quarters.

Read Bill Martin's complete commentary regarding the company above and discover other stocks by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
 has assembled as·sem·ble  
v. as·sem·bled, as·sem·bling, as·sem·bles

v.tr.
1. To bring or call together into a group or whole: assembled the jury.

2.
 the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service.  newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, 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 Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

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 at http://at.zacks.com/?id=87

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.

Disclaimer (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 27, 2006
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