Zacks.com Announces That Donald Rowe Highlights the Following Stocks: Cray, Mercury General, Cypress Semiconductor, Magma Design Automation, and Marvell Technology.Business Editors CHICAGO--(BUSINESS WIRE)--Nov. 26, 2003 Donald Rowe expects soaring stock prices to return in late November and December. Get a head start on this very prosperous future with several stocks on his recommended list. Read about Cray, Incorporated (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CRAY), Mercury General (NYSE NYSE See: New York Stock Exchange :MCY MCY Sunshine Coast, Queensland, Australia - Maroochydore (Airport Code) MCY Machine Cycle ), Cypress Semiconductor Cypress Semiconductor is a semiconductor design and manufacturing company. It began operations in 1982 and listed publicly in 1986. Two years later, the company shifted over to the New York Stock Exchange under the symbol, (NYSE: CY). Corporation (NYSE:CY), Magma Design Automation Magma Design Automation (NASDAQ: LAVA) is a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintains headquarters in San Jose, California. , Inc.(NASDAQ:LAVA), and Marvell Technology (NASDAQ:MRVL). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Economic news reports during the month of October were the best Donald Rowe has seen in over five years! Third quarter GDP GDP (guanosine diphosphate): see guanine. growth at 7.2 percent exceeded even his expectations. Soaring productivity at an amazing 8.1 percent surprised everyone. New jobs to the tune of 125,000 in September and 126,000 in October stunned stun tr.v. stunned, stun·ning, stuns 1. To daze or render senseless, by or as if by a blow. 2. To overwhelm or daze with a loud noise. 3. both the bond market and the stock market. While early November is seeing a consolidation of recent gains, late November and December will see a resumption of soaring stock prices. The day before Thanksgiving and the Friday after are always up days for the stock market. Retailers will be hiring over 550,000 people for November and December. Two Companies with Soaring Sales and Earnings Cray, Incorporated (NASDAQ:CRAY) is the leader in the high-end supercomputer market and is the premier provider of supercomputing solutions for the world's most challenging scientific and engineering problems. Cray reported third-quarter earnings of $0.10 per share, a 150 percent increase from last year, on record sales of $63.8 million, an increase of 52 percent from the year-ago period. The company is expecting earnings of $0.25 per share this year, an increase of 79 percent from last year, while the industry is expecting an increase of 11 percent. Mercury General (NYSE:MCY), founded in 1961, is one of the nation's fastest growing insurers and the leading independent broker and agency writer of automobile insurance in California. Mercury General reported third quarter earnings of $0.84 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. , and increase of 147% from last year, on sales of $49.6 million, an increase of 52% from the year-ago quarter. The company is expecting earnings of $3.01 per share this year, an increase of 47% from last year, while the industry is expecting an increase of 24%. Other Wall Street Digest recommended stocks include: Cypress Semiconductor Corporation (NYSE:CY) designs, develops, manufactures and markets a broad line of high-performance digital and mixed-signal integrated circuits for a range of markets, including data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , telecommunications, computers, and instrumentation systems. Magma Design Automation, Inc.(NASDAQ:LAVA) provides design and implementation software that enables chip designers to reduce the time it takes to design and produce complex integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. used in the communications, computing, consumer electronics, networking and semiconductor industries. Marvell Technology (NASDAQ:MRVL) is a leading designer, developer and supplier of mixed-signal and digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for for high-speed, high-density, digital data storage and broadband digital data networking markets. Get a lot more information on Cray and Mercury General, along with Donald Rowe's complete commentary and recommended list by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. 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 the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com 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: 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion