Zacks.com Announces That Richard Rhodes Highlights the Following Stocks: Colgate-Palmolive, Schering-Plough, Caterpillar, Longs Drug Stores, and Electronic Arts.Business Editors CHICAGO--(BUSINESS WIRE)--April 16, 2004 Richard Rhodes Richard Lee Rhodes (b. July 4, 1937) is an American journalist, historian, and author of both fiction and non-fiction (which he prefers to call "verity"), including the Pulitzer Prize-winning The Making of the Atomic Bomb (1986), and most recently, has noticed that investors are becoming more selective. This expert offers analysis that can help you stay in those areas most likely to succeed through his in-depth market overview and a sampling of stocks from his portfolio. Read about Colgate-Palmolive (NYSE NYSE See: New York Stock Exchange :CL), Schering-Plough Corporation (NYSE:SGP SGP Singapore (ISO Country code) SGP Schering-Plough (stock symbol) SGP Stability and Growth Pact SGP Southern Great Plains SGP Staatkundig Gereformeerde Partij SGP Speedway Grand Prix ), Caterpillar caterpillar (kăt`əpĭl'ər, kăt`ər–), common name for the larva of a moth or butterfly. Caterpillars have distinct heads and are segmented and wormlike. Inc. (NYSE:CAT), Longs Drug Stores Corp. (NYSE:LDG LDG Landing (aviation) LDG Landing LDG Lodge LDG Landing Gear LDG Lancha de Desembarque Grande (Portuguese Navy) LDG Linz Donawitz Gas LDG Los Alamos Debugger LDG Limb-Girdle Dystrophy ), and Electronic Arts 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 :ERTS ERTS Electronic Arts, Inc. (stock symbol) ERTS Earth Resources Technology Satellite (US NASA) ERTS Embedded Real Time Systems ERTS Enhanced Remote Transit Shed ). 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: Capital Market Commentary from April 15th Looking specifically at Wednesday's Price Action -Richard Rhodes and his team find it a 'tale of two cities" on several fronts. First, the indices declined very little, which masked the substantial deterioration de·te·ri·o·ra·tion n. The process or condition of becoming worse. in both the advance/decline issues and volume. Also, sector rotation Sector Rotation The action of a mutual fund or portfolio manager shifting investment assets from one sector of the economy to another. Notes: Not all sectors of the economy perform well at the same time. was quite evident, with defensive issues such as the pharmaceutical and non-durable goods sectors rallying rather sharply, whereas the industrials and metals sectors declined in a like manner. This may very well be the manner in which the equity market "corrects" its recent run-up in the short-term, but over the intermediate-term the participation rate of shares is starting to show cracks. Thus, participants are willing to become buyers of stocks that are "under owned" and carry less risk from the long perspective. But, more importantly - it shows that market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. are becoming much more selective, and not "heading for the hills", yet choosing which "valley they want to fish in". This is about relative performance - if one must be long - let's be long stuff that hasn't moved substantially, or trading into our near support levels. Trading Positions The shares below are issues in which Rhodes currently holds a position. Colgate-Palmolive (NYSE:CL) is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in countries and territories around the world. Schering-Plough Corporation (NYSE:SGP) and its subsidiaries are engaged in the discovery, development, manufacturing and marketing of pharmaceutical products worldwide. Caterpillar Inc. (NYSE:CAT) is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Their products are used in the construction, road building, mining, forestry, energy, transportation and material-handling industries. StockWatch Waiting Room The shares below are issues Rhodes is interested in adding in Trading Positions, but is "waiting" for further appropriate technical evidence in order to trade with a high degree of confidence. Longs Drug Stores Corp. (NYSE:LDG) is one of the largest drug store chains in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Electronic Arts Inc. (NASDAQ:ERTS) operates in two principal business segments globally: EA Core business segment: creation, marketing and distribution of entertainment software and the EA.com business segment: creation, marketing and distribution of entertainment software which can be played or sold online. Read Richard Rhodes' complete capital market commentary, and take a look at all of his trading positions and waiting room stocks 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion