Zacks.com Announces That Frank Curzio Jr. Highlights the Following Stocks: Diamond Trust, Parexel International, and Magellan Petroleum.Business Editors CHICAGO--(BUSINESS WIRE)--Feb. 5, 2004 The economy is growing, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Frank Curzio Jr., but this expert is cautious when it comes to current valuations. Find out what the market needs to continue its bull run, and then get recent news on three of his current holdings. Read about Diamond Trust (AMEX AMEX See: American Stock Exchange :DIA), Parexel International (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 :PRXL), and Magellan Petroleum (NASDAQ:MPET MPET Metallized Polyethylene Terephthalate MPET Master of Professional Education and Training MPET Measurement/Performance Evaluation Tool MPET Maximal Permissible Exposure Time ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Here are the highlights from the Featured Expert column: Frank Curzio Jr. and his team remain bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish on stocks but are cautious when looking at valuations. Going through his latest screens, it seems that almost every stock has increased in value in 2003. This tells Curzio that even companies that are struggling have seen their shares move higher. There is no question that the economy is growing. But this should not translate into a boost in shares for every stock. Company News Diamond Trust (AMEX:DIA) is a fund that tracks the Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance index. The Dow should go much higher as the election approaches. DIA pays a 1.8% dividend and is appealing to investors seeking income with price appreciation. Parexel International (NASDAQ:PRXL) reported profits of $5 million, or 19 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. in the second quarter (ending December 31) compared to $142,000, or 1 cent per share, in the previous year. The company said that they are expecting fiscal year profits of 84 cents, which is in the middle of most forecasts, but the street was expecting 88 cents. Their balance sheet remains strong while clinical research services are increasing due to deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. among the pharmaceutical industry. Magellan Petroleum (NASDAQ:MPET) surged to a new 52-week high before pulling back. Based on fundamentals, Curzio believes that shares are worth much more than the current quote. Back in early December, MPET entered into a contractual agreement with Antrim Energy regarding wells in the North West Shelf of Australia. Antrim stated that they would fund 100% of the cost of the first well and then immediately commence contractual negotiations with third parties to secure management of the drilling project and a drilling rig. This well should be drilled within the next few months. MPET is scheduled to report earnings on February 13. Read Frank Curzio Jr.'s complete market commentary and make sure to get more of his company news by clicking: http://at.zacks.com/?id=85 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://at.zacks.com/?id=86 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile To translate a program written in a high-level programming language into machine language. See compiler. , 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://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: 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. |
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