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Zacks.com Announces That Kelley Wright Highlights the Following Stocks: LSI Industries and Popular.


Business Editors

CHICAGO--(BUSINESS WIRE)--June 8, 2004

The market always has an extreme reaction to short-term news, but Kelley Wright says that eventually the fundamentals will prevail. Make sure that you focus on what you can control while asking the right questions through this expert's market and stock analysis. Read about LSI LSI: see integrated circuit.


(Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI.
 Industries Inc. (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
:LYTS) and Popular Inc. (NASDAQ:BPOP BPOP Popular, Inc. (stock symbol)
BPOP Boulder Point Of Presence
BPOP Business Process Outsourcing Programme
). 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 fact is the markets have always reacted short-term to economic and political news in the extreme until certainty is restored. A review of the last 75 years reveals at least one major event each year that roils the markets for varying lengths of time. That "today is different" is true to the extent that today is in real time and current events affect presently living persons rather than historical figures. The fact is that news is temporary and fundamentals eventually rule the day. This to say that the true state of the economy will bear out so investors and interest rates will adjust accordingly.

LSI Industries Inc. (NASDAQ:LYTS) is a high-volume producer of lighting products to some of America's leading companies. From its headquarters in Cincinnati, LSI operates two major segments focusing on image and lighting products respectively. The close of the third quarter for fiscal 2004 brought good news to shareholders. LSI reported an increase of 16% in net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
, helped in part by a 22% increase in lighting products sales. Net income per share showed an according rise to $0.05/share (from $0.02/share during the same quarter last year). The company also announced a quarterly dividend of $0.072/share. Based on this annual rate, shareholders will find a 50% increase over fiscal 2003 levels at $0.288 per share.

The most recent dividend increase and split last November has helped to return LSI to historic levels of Undervalue. Other favorable factors include a very low long-term debt-to-equity ratio Long-term debt-to-equity ratio

A capitalization ratio comparing long-term debt to shareholders' equity.
 and an optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
 outlook for the remainder from fiscal 2004.

With a recent 18.5% dividend increase, shares of Popular Inc. (NASDAQ:BPOP) have once again returned to historic levels of high yield. The company, which is based in the Commonwealth of Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla.  has roots dating back to 1893, the year in which its Banco Popular subsidiary was originally incorporated. Assets totaling $36.4 billion come predominantly from operations involved in commercial banking, brokerage services, mortgages, retail financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, and information technology services.

Even with its increased dividend, BPOP's earnings allow for it to maintain 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 a P/E ratio P/E ratio

Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings.
 of only 12. The company received only 5% of net income in 2003 from its mortgage subsidiary. This fact lies in stark contrast to many of the other financial companies Wright and his team follows. Investors seeking to avoid exposure to mortgage risk should thus find the company particularly attractive.

Get a lot more information on the above-mentioned companies, along with Kelley Wright's complete investment outlook, 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.
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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Publication:Business Wire
Geographic Code:1U0PR
Date:Jun 8, 2004
Words:831
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