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Zacks.com Announces That Richard Rhodes Highlights the Following Stocks: AmSouth Bancorp, Phelps Dodge, and U.S. Steel.


CHICAGO -- The crude oil market continues to be the focus of much of the market's attention, according to according to
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1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 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, . Find out what the recent recall elections in Venezuela Elections in Venezuela gives information on elections and election results in Venezuela.

Venezuela elects on a national level a head of state – a president – and a unicameral federal legislature.
 mean to the larger picture, and learn about a trio of this expert's trading positions. Read about AmSouth Bancorp (NYSE NYSE

See: New York Stock Exchange
:ASO ASO arteriosclerosis obliterans.
ASO 1 Administrative services organization, see there 2 Allele-specific–oligonucleotide hybridization 3 Anti-streptolysin O, see there
), Phelps Dodge Phelps Dodge Corporation is a former United States company founded in 1834 by Anson Greene Phelps and William E. Dodge. On March 19, 2007, it was acquired by Freeport-McMoRan and now operates under the name Freeport-McMoRan Copper & Gold Inc.  Corp. (NYSE:PD), and 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.  Steel (NYSE:X). Richard Rhodes is editor of The Rhodes Report newsletter. 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 August 15

In weekend news - the crude oil market continues to be 'front and center' for us at this juncture, with the President recall elections in Venezuela nearly 95% complete. Crude oil is off its record highs near $47/barrel...trading off 9 cents at $46.49 following news that President Chavez has held onto his presidency. Clearly, news of his victory has caused the world equity markets to rally off their lows - with Japan closing down only -0.6% after having been nearly -2.0% lower; Europe too is rallying on the news...up very modestly with the exception of France.

Trading Positions

The shares below are issues in which Rhodes currently holds a position.

AmSouth Bancorp (NYSE:ASO) is a bank holding company whose principal subsidiary is AmSouth Bank. AmSouth bank has three segments: Consumer Banking, Commercial Banking and Capital Management.

Phelps Dodge Corp. (NYSE:PD) produces copper, carbon black, magnet wire Magnet wire is a copper or aluminum wire covered with thin insulation. It is used in the construction of transformers, inductors, motors, and electromagnets, among other applications. However, it is not magnetic itself. , and continuous-cast copper rod.

United States Steel (NYSE:X) manufactures and sells a variety of steel mill products, coke and taconite taconite, low-grade iron ore, a flintlike rock usually containing less than 30% iron. Resistant to drilling and to the extraction of its contained metal, the rock was long considered worthless. Experiments begun in 1912 by the American scientist Edward W.  pellets.

Read Richard Rhodes' complete commentary, and learn about all of his Trading 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 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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Publication:Business Wire
Geographic Code:1USA
Date:Aug 17, 2004
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