Zacks.com Expert Watch Highlights the Following Issues: Associated Banc-Corp and Coventry Health Care.Business Editors CHICAGO--(BUSINESS WIRE)--May 19, 2004 A slide to lower lows is likely in the works, possibly punctuated by a dead cat bounce Dead Cat Bounce A temporary recovery from a prolonged decline or bear market, after which the market continues to fall. Notes: Ever heard the saying, "Even a dead cat will bounce if dropped from high enough!"? . Discover what to expect and how to protect yourself. Read the full Experts Watch article with commentary and recommendations on Associated Banc-Corp Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. As of early 2007, it had $20.8 billion in assets and was the 41st largest bank holding company in the United States.[1] The company has over 5101 employees. (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 :ASBC ASBC American Society of Brewing Chemists (St. Paul, MN) ASBC American Small Business Coalition ASBC Air and Space Basic Course (USAF) ASBC Archaeological Society of British Columbia ) and Coventry Health Care Coventry Health Care, Inc. (Coventry) (NYSE: CVH) is a managed health care company in the United States. On February 8th of 2007 Coventry agreed to acquire Concentra's Workers Compensation Managed Care Services Businesses. External links
See: New York Stock Exchange :CVH CVH Helicopter Carrier CVH Compound-valve-angle Hemispherical Combustion-chamber (Ford cylinder head design and family of engines) CVH Compound Valve Angle Hemispheral Combustion Chamber CVH continuous venous hemodialysis ), go to; http://at.zacks.com/?id=101 Here are the highlights from the Experts Watch column: Investors are becoming much more acquainted with the factors that stand in the way of the market's advance. The litany litany (lĭt`ənē) [Gr.,=prayer], solemn prayer characterized by varying petitions with set responses. The term is mainly used for Christian forms. Litanies were developed in Christendom for use in processions. of negative factors includes rising interest rates, runaway oil price driven inflation, and earnings growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. insufficient to justify valuation expansion. At times, the negative sentiment arising from consciousness of these events can be a contrarian positive indicator for the indices. Some of the Experts fear a breakdown that could trigger a slide to much lower levels. Kelley Wright, editor of Investment Quality Trends, notes that the current correction is, in large part, due to expectations for rising interest rates and inflation. As the economy has grown, the Fed has elected to stand pat on interest rates, although it has recently signaled its readiness to begin raising them at a measured pace. The market moves ahead of the Fed, though, and evidence of growing inflation combined with a strengthening economy have compelled the bond market to sell off, driving prices of bonds down and yields/interest rates higher. Wright, being the contrarian deep value investor that he is, thinks stocks like Associated Banc-Corp (NASDAQ:ASBC) will represent solid values when the selling abates. The company owns 217 branches in Minnesota, Illinois, and Wisconsin. The close of the most recent quarter saw earnings per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share increase 4% to $0.80 from $0.77 during the first quarter of 2003. With mortgage originations expected to fall dramatically during the remainder of this year, the company is expecting lower mortgage banking income. In order to diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. non-interest income, ASBC has undertaken a number of measures including the acquisition of an insurance agency in 2003. The success of diversification will be key to future stability. He expects that short-term earnings during this transitional period may give investors additional opportunity to acquire shares at Undervalue. For Gregory Spear, editor of the Spear Report, the key level in oil is $42/barrel. A sustained move above $42 would cause serious global damage. Spear quotes the International Energy Agency, demand for oil is up 2 million barrels on a year over year basis, whereas production is down 440,000 over the same period. Further, China is now importing 1 million barrels of oil a day. Spear profiled a company he thinks is about to break out to new all time highs. Coventry Health Care (NYSE:CVH) is a diversified HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, company focused on small to mid-sized metropolitan areas. The company grew it subscriber list 14% on a year over year basis and increased premiums more than 12%. Earnings were up 50% on a year over year basis, against a solid quarter. In January of 2003, the company had grown earnings 74% on a year over year basis. The company also increased revenue guidance by 10%, and Spear thinks the company is a solid defensive pick in spite of some of the legislative risks. Read the full report with insight from the experts at Zacks.com: http://at.zacks.com/?id=102 About Zacks Experts Watch To be a successful investor you need professional advice. 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