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Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Ball Corporation, Noble International, Yahoo, and Yellow Roadway.


CHICAGO -- Joseph Parnes says the market's many challenges are weighing on investors, but negative sentiment doesn't have to keep you down. Stay a step ahead of the pack with this expert's market trend and four of his long positions. Read about Ball Corporation (NYSE NYSE

See: New York Stock Exchange
:BLL BLL Blood Lead Level
BLL Bovis Lend Lease
BLL Business Logic Layer
BLL Buraku Liberation League (Japan)
BLL Billund, Denmark - Billund (Airport Code)
BLL Base Locator for Linkage
), Noble 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
:NOBL NOBL New Outer Blanket Layer ), Yahoo, Inc. (NASDAQ:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), and Yellow Roadway (NASDAQ:YELL). 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:

The trendless and spiritless spir·it·less  
adj.
Lacking energy or enthusiasm; listless.



spirit·less·ly adv.
 sessions within the market have developed a sense of benign neglect benign neglect Decision-making A stance of nonintervention that a clinician may adopt in the face of lesions and clinical conditions which have an uncertain or stable clinical course. Cf Watchful waiting.  and an indifferent attitude for investor and traders. Overhanging the market are concerns of geo-political matters, crude oil prices, oil flow uncertainty, global violence, and the expected interest rate increase by the Feds in their upcoming FOMAC meeting. The incoming positive indicators and robust earnings by corporations are being ignored, giving credence to the belief that the trendless pattern could prevail during the upcoming June (2nd qtr.) earnings season.

Long Positions

Ball Corporation (NYSE:BLL), the metal and plastic packaging company, introduced its SLEEK CAN(TM) which can take 12 oz. aluminum beverage cans A beverage can is most often an aluminium can manufactured to hold a single serving of a beverage. Overview
The early metal beverage can was made out of steel (similar to a tin can) and had no pull-tab.
. Earnings have grown 49%, 54%, 70%, and 49% in the past four quarters.

Noble International (NASDAQ:NOBL) is a leading supplier of auto-parts, with a specialty in laser-welded blanks. Price history: last 3 months up by 2.9%, last 6 months up by 41.1%, last 12 months up by 249.4%. Revenue growth for the past three quarters has seen increases of 33% to 57% to 65% to 105%.

Yahoo, Inc. (NASDAQ:YHOO), the leading portal internet provider Internet provider - Internet Service Provider , is giving investors amazement for its dominant profitability in its online operation. Its advertising growth has convinced institutions to zero in on its operating profits Operating profit (or loss)

Revenue from a firm's regular activities less costs and expenses and before income deductions.


operating profit

See operating income.
 where expansion of earnings multiples becomes a reality.

Yellow Roadway (NASDAQ:YELL), the freight carrier and trucker, is raising its second quarter earnings forecast from 70c-75c/shr. to 85c-90c/shr. The favorite economic condition and its ability to grow its cash holdings to override fuel costs has resulted in an increase in its penetration for the shared-load trucking.

Read Joseph Parnes' complete market commentary and future forecast, along with all of his long and 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 to buy or sell any security.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 28, 2004
Words:689
Previous Article:Screenvision Ranked #1 in Overall Market Share in Cinema Advertising Council Independent Audit.
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