Zacks.com Announces That Kelley Wright Highlights the Following Stocks: Jack Henry & Associates and Superior Industries.Business Editors CHICAGO--(BUSINESS WIRE)--March 18, 2004 Kelley Wright wouldn't be surprised if the market trades in a range until the election, so stock picking will be paramount to your success. Luckily, that's exactly where this expert excels, and his market commentary and stock profiles will make sure you do as well. Learn about Jack Henry & Associates (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 :JKHY JKHY Jack Henry & Associates, Inc (Stock Symbol) ) and Superior Industries (NYSE NYSE See: New York Stock Exchange :SUP). 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: Some important support levels were violated on the Industrials and Transports which confirm the bear market from a Dow Theory Dow Theory A theory which says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar advance in the other. perspective. While Wright doesn't expect a straight line down to test the old lows or a straight line up to challenge the 2000 highs, he wouldn't be shocked if we have seen the highs for the year and basically trade in a range until the election is decided or some phenomenal news, good or bad, takes control of investors emotions. Wright does feel confident in stating that the ability to stock pick will separate the wheat from the chaff chaff 1. chaffed hay; called also chop. 2. the winnowings from a threshing, consisting of awns, husks, glumes and other relatively indigestible materials. going forward. In this he finds comfort as this is an activity he and his team have proven to possess some proclivity pro·cliv·i·ty n. pl. pro·cliv·i·ties A natural propensity or inclination; predisposition. See Synonyms at predilection. [Latin pr for. Featured Stocks Jack Henry & Associates (NASDAQ:JKHY) is a leading provider of data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a computer systems and management information to over 2,350 banks, credit unions, and other financial institutions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The end of January brought good news for current shareholders of JKHY, as the company announced a 14% increase to its quarterly dividend. Concern has come as consolidation to the banking industry could shrink JKHY's base of potential customers. However, the company has seen drastic increases in income and a corresponding increase to its dividend. A low payout ratio Payout Ratio The percentage of earnings paid out in dividends. It is calculated by dividing dividends per share by earnings per share. Notes: The payout ratio indicates how well earnings support the dividend payments: the lower the ratio, the more secure the dividend. and 0% debt to equity ratio The debt to equity ratio (D/E) is a financial ratio indicating the relative proportion of equity and debt used to finance a company's assets. It is equal to total debt divided by shareholders' equity. are good indicators of a defensively positioned company. Superior Industries (NYSE:SUP) capitalizes on the success of aluminum through its extensive automotive wheel manufacturing operations and recently launched aluminum suspension components business. Revenues for the fourth quarter increased a record 17.3% to $231 million from $197 million during the fourth quarter of 2002. A coinciding 2.8% rise in earnings brought SUP's fourth quarter net income to $0.85/share. Increasing efforts to diversify and internationalize in·ter·na·tion·al·ize tr.v. in·ter·na·tion·al·ized, in·ter·na·tion·al·iz·ing, in·ter·na·tion·al·iz·es 1. To make international. 2. To put under international control. SUP's business helped to raise international shipments to 10% of total '03 transports. Get a lot more information on the above-mentioned stocks, and make sure to read Kelley Wright's complete market commentary 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 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. |
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