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Zacks.com Announces that Tim Murray Highlights the Following Stocks: Big Lots, Drugstore.com, Sharper Image, World Wrestling Ent., and Intel.


CHICAGO -- It is always good to have a balance in investing, which is exactly what makes Tim Murray's portfolio so effective. Learn the importance of balance from this featured expert, along with several examples from the Briar briar: see brier.  Patch. Read about Big Lots (NYSE NYSE

See: New York Stock Exchange
:BLI BLI Buyers Laboratory Inc
BLI BirdLife International
BLI Budget Line Item
BLI Blue Ling
BLI Busy Lamp Indicator (VoIP)
BLI Bellingham, WA, USA - Bellingham International (Airport Code) 
), Drugstore.com (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
:DSCM DSCM Dry Standard Cubic Meter
DSCM Demand and Supply Chain Management
DSCM Digital Security Countermeasures
DSCM Data Standards Configuration Management Board
DSCM Master Chief Data Systems Technician (US Navy Rating) 
), Sharper Image (NASDAQ:SHRP SHRP School of Health Related Professions
SHRP Strategic Highway Research Program
SHRP Society for Human Resource Professionals
SHRP Small Habitat Restoration Program
SHRP Scientific Human Resources Board
), World Wrestling Entertainment World Wrestling Entertainment, Inc. (WWE) is a publicly traded, privately controlled integrated media (focusing in television, Internet, and live events), and sports entertainment company dealing primarily in the professional wrestling industry, with major revenue sources  (NYSE:WWE WWE World Wrestling Entertainment, Inc. (formerly World Wrestling Federation)
WWE Witwe (German: Widow)
WWE William Webb Ellis (inventor of rugby)
WWE World Wide Education
WWE Well Woman Exam
), and Intel (NASDAQ:INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
). Tim Murray is editor of the Briar Patch Stock Market Letter. 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:

Briar Patch Stock Market Daily Update from July 13

The stock market was a non-event Tuesday with nothing happing until after the close when Intel (NASDAQ: INTC) reporting a disappointing quarter and an unexpected increase in inventories. Long term readers have heard it before, but for once Tim Murray would like to hear analysts talking about Intel to point out that although their annual revenues are $31.5 billion that only comes to $4.75 per share. In Murray's way of thinking that means, no matter how good the company is, it is overpriced o·ver·price  
tr.v. o·ver·priced, o·ver·pric·ing, o·ver·pric·es
To put too high a price or value on.


overpriced
Adjective

costing more than it is thought to be worth

Adj.
.

In working on the Tuesday weekly portfolio review it occurred to Murray that the current list of stocks covers a wide variety of stocks. The smaller companies offer more potential but the big ones can offer more stability. It is nice to have a balance.

Big Lots (NYSE: BLI): Big Lots, like many retailers, has a fiscal year ending Jan 30 so we will not be getting quarterly earnings from them until next month. Since the last week's slide the stock has stabilized and it is at a good buy level.

Drugstore.com (NASDAQ: DSCM): DSCM recently announced a partnership with something called WageWorks to simplify buying for individuals that are using the tax-sheltered Flexible Spending Account flexible spending account,
n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are
 (FSA FSA Financial Services Authority
FSA Food Standards Agency (UK)
FSA Farm Service Agency (USDA)
FSA Financial Services Agency (Japan) 
) program. Buyers in that system are much more price conscious. All in all it could be good for DSCM. The stock chart does not show any improvement and Murray would not be a buyer at the moment, but it is not a company that he feels he needs to run away from.

Sharper Image (NASDAQ: SHRP): Since May the chart has developed a nice uptrend. Murray would buy at this level. The Sharper Image is a specialty retailer that is nationally and internationally renowned as a leading source of new, innovative, high-quality products that make life easier and more enjoyable.

World Wrestling Entertainment (NYSE: WWE): This stock chart is confusing to look at. The problem might be coming from the recent large secondary. Murray likes the company because of the chart. He is going to keep a short string on it and would not suggest new positions at this time. World Wrestling Federation Entertainment Inc. is an integrated media and entertainment company, principally engaged in the development, production and marketing of television programming, pay-per-view programming and live events, and the licensing and sale of branded consumer products featuring its highly successful brand.

Learn about all of the positions in Tim Murray's portfolio, and make sure to get his market and stock insight on a daily basis, 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
Date:Jul 15, 2004
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