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Zacks.com announces that Jack Adamo highlights the following stocks: Fording Canadian Coal Trust, Teva Pharmaceutical, Ltd. and Smithfield Foods.


CHICAGO -- Jack Adamo, editor of the Insiders PLUS newsletter, profiles three companies that are doing well despite minor setbacks. Check out Fording Canadian Coal Trust (NYSE NYSE

See: New York Stock Exchange
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), Teva Pharmaceutical, Ltd. (Nasdaq:TEVA) and Smithfield Foods This article or section is written like an .
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 (NYSE:SFD SFD Single Family Dwelling
SFD Sacramento Fire Department (California, USA)
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). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84.

Highlights from the September 23 Featured Expert column by Jack Adamo include:

Fording Canadian Coal Trust (NYSE:FDG) this week declared a quarterly dividend of 80o Canadian, which is about 72o U.S. This represents an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 yield of 8.4% on Jack Adamo and his team's original buy price.

As Adamo said when he recommended this company, he expected the share price to fluctuate, but the yield, even in bad times, would stay above that obtainable from bonds, and in good times, it should beat almost any return you can get legally. The stock remains true to expectations.

Although it is down 12.5% for Adamo and his team, it is holding its own better than any pure play coal stock. This is to be expected with high dividend-paying stocks. There's less fear from selling because you know you're getting a steady return on your investment; you're not relying on the vagaries of the market.

Teva Pharmaceutical, Ltd. (Nasdaq:TEVA) took a 5% hit this week on bad news for the generic drug generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name.  sector. Wal-Mart, in a battle to forestall fore·stall  
tr.v. fore·stalled, fore·stall·ing, fore·stalls
1. To delay, hinder, or prevent by taking precautionary measures beforehand. See Synonyms at prevent.

2.
 political attacks on it, has launched a campaign to win America's hearts with super-cheap prices on certain generic drugs. With Wal-Mart's buying power Buying Power

The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available.

Also referred to as "Excess Equity.
, it could certainly impact industry pricing negatively.

Nonetheless, although this is a substantive issue, it is no cause for panic. Teva is the best operator in its industry. It may actually gain by this move, if it becomes a major provider to Wal-Mart. It certainly has the capacity and efficiency to be. That's up in the air, but Adamo would expect this and other recent issues to have a relatively small impact on the company.

Smithfield Foods (NYSE:SFD) also had a bad week, when it announced it was acquiring fellow pork producer, Premium Brands. Frankly, since Smithfield is number one in size and Premium is number two, Adamo will be surprised if this transaction gets approval here and in the EU without major divestitures. But, although Adamo is not usually a fan of growth by acquisition, Smithfield has an excellent track record in this regard; so, he'll be happy whether the merger is approved or not.

Read more of Jack Adamo's updates and take a look at other stocks by clicking: http://at.zacks.com/?id=85.

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. 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 on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service.  newsletter. Register for a 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 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

Notes:
Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy.
 the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at 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 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 28, 2006
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