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Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Juniper Networks, Kinetic Concepts, and Michaels Stores.

CHICAGO -- Joseph Parnes says that the Dollar's rebound reflects a stronger U.S. economic outlook, and is a prelude to Europe's woes. Read about Juniper Networks (NASDAQ:JNPR), Kinetic Concepts (NYSE:KCI), and Michaels Stores (NYSE:MIK). Joseph Parnes is the editor of the Shortex newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the May 18th Featured Expert column by Joseph Parnes include:

Long Positions

Juniper Networks (NASDAQ:JNPR): The provider of internet routers is entering a type of specialty software called application accelerator/web accelerator. JNPR acquired Peribit Networks for $337 mil and Red Line Networks for $132 mil. An added concept to its continued five year growth rate of over 30%+.

Kinetic Concepts (NYSE:KCI): The provider of wound healing/tissue repair equipment and specialty beds and mattresses to hospitals and home care centers is best known for its Vacuum assisted closure /VAC/ systems designed for large wounds, such as burns or amputations. The earnings growth has ranged from 47% to 133% for the past eight Qtrs. Sales growth @ 30% over same period with return on equity at eight-year high.

Michaels Stores (NYSE:MIK): The arts and crafts retailer is boasting its FY 1st Qtr. same-store-sales rose 7.8%. Total quarterly sales rose 13.1% to $821 mil from $725.9 mil. Full-year guidance of earnings per share of 20% 25% may surpass street's estimate of $1.80/shr.

Read Joseph Parnes' commentary about the Dollar's rebound and get all of his long positions as well as short positions 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 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 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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter 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 to buy or sell any security.
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Publication:Business Wire
Date:May 23, 2005
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