Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Gap, Inc., Fisher Scientific, and Yahoo.Business Editors CHICAGO--(BUSINESS WIRE)--April 21, 2004 There's plenty of anxiety regarding the inevitable rise of interest rates, but Joseph Parnes reiterates that this is just part of an economic rebound. Take advantage of a strong earnings season with three of this expert's long positions. Read about Gap, Inc. (NYSE NYSE See: New York Stock Exchange :GPS), Fisher Scientific Fisher Scientific, formally Fisher Scientific International, Inc. and colloquially Fisher was a biotechnology company that provided products and services to the global scientific research and United States clinical laboratory markets. (NYSE:FSH FSH follicle-stimulating hormone. FSH abbr. follicle-stimulating hormone Facioscapulohumeral muscular dystrophy (FSH) ), and Yahoo (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 :YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). 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: Market Trend from April 15 Investors/traders to zero in on the reality that interest rates will certainly rise: this is a natural phenomenon of economic rebounds. The companies have adjusted their capital demand/cost cutting and improved productivity to absorb the increase in capital cost. The combination of earnings growth, fresh capital infused in the market, and lingering pessimism is a hallmark of a market's gain in coming sessions. The surge in retail sales and increase in employment hiring is indicative that the economic recovery has taken momentum to augment the effects from the tax cut and low interest rates resulting in lower mortgage rates. Investors/traders are viewing the recent, economic data in March as the turning point for the economic recovery as self propelling and broad based. Long Positions Gap, Inc. (NYSE:GPS): The apparel specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" have reason to see a rebound in its stock price. Same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. rose a solid 8% in '03 and are continuing to the present. Tightening operation and customer focus have profit hopping. The company has posted six quarters of growth. Fisher Scientific (NYSE:FSH): The provider of scientific gear to research/healthcare, education and government market retains its 34% run-up since mid January. Profit growth has been over 30% for the past four quarters. The purchase of Apogent Technology for $2.7 billion in stock could boost its market share within the growing bioscience market. Yahoo (NASDAQ:YHOO): The Internet company reported first quarter earnings of 14c/shr vs. Street's estimate of 11c/shr. Stayed a breakaway break·a·way adj. 1. Designed to break, bend, or fall apart easily upon impact, especially to create an illusion, as with a theater prop, or for safety, as with a highway sign or barrier. 2. gap from three-month base on four times normal daily volume. Benefiting from advertisement, mobile phone messaging, online gaming See gaming. and recent acquisitions. Read Joseph Parnes' complete market trend, along with more of his long positions and his short positions 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, 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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