"Apple (NASDAQ: AAPL), a holding on our recommended buy list, delivered another blowout quarter, driven by booming sales of both the iPhone and its Macintosh computers," notes analyst Geoffrey Seiler.

In his BullMarket.com advisory, he suggests, "Overall, Apple's results are nothing short of amazing." Here, he provides an in-depth analysis of the quarter, his outlook, and the reasoning behind the boost to his longer-term price target to $270 a share.

"Apple sold 7.4 million iPhones in the quarter, 7% more than the year-ago quarter, and 3.05 million Macs, a 17% year-over-year increase. The end result was that the company posted a whopping 47% increase in Q4 net income.

"Walgreen (NYSE: WAG) reported fourth quarter profits that topped Wall Street's expectations," says Geoffrey Seiler.

In his BullMarket,com advisory, he forecasts, "We expect to see continued operational improvements in the months ahead." Here, the advisor reiterates his buy rating and boosts his price target for the stock.

The advisor observes,, "The company reported a net profit of $436 million, or 44 cents per share, for the quarter ended August 31st, a -1.5% decrease the same quarter a year ago. Results topped the Wall Street consensus by 5 cents share and edged the full-year EPS estimate by 3 cents.

"The video game industry was once thought to be virtually recession proof; unfortunately, recession reality has intruded," notes Geoffrey Seiler, who adds, "Boosters, however, are pointing to new games scheduled for release later this year as a reason for optimism."

In his always-informative BullMarket.com, the advisors offers an in-depth review of the sector, highlights potential opportunities in GameStop (NYSE: GME), Electronic Arts (NASDAQ: ERTS), and Activision Blizzard (NASDAQ: ATVI).

"When you get right down to it, success in the video game business isn't much different from the movie business: developers are only as good as their last hit game.

"China is the world's biggest market for telecom services," notes Geoffrey Seiler, in an in-depth review of the leading Chinese telecom and wireless phone companies.

In his BullMarket.com, he looks at "China Mobile (NYSE: CHL), China Unicom (NYSE: CHU), and China Telecom (NYSE: CHA) noting,"There is still a lot of wireless growth potential in the world's most populated country. As such, we would expect all three to continue to grow for the foreseeable future."

Seiler explains, "China Mobile is the undisputed king of mobile from a subscriber base standpoint. Through the end of June, the company boasted 493 million subscribers. The company boasts 70% of the Chinese market.

"Viacom (NYSE: VIA.B), the cable, movie and video game empire of longtime chairman Sumner Redstone, is a solid media stock that we think can be accumulated on dips," suggests Geoffrey Seiler.

In his always-excellent BullMarket.com, he looks to the upcoming release of Star Trek and the new Beatles-based music video game as potential catalysts for improved results. Here's his update.

"Viacom, which spun off CBS in 2007, describes itself as an entertainment content company that operates in two segments: Media Networks and Filmed Entertainment.

"Apple (NASDAQ: AAPL), already on our recommended list selection, announced fiscal Q3 earnings after the bell last night that, to no one's surprise, easily topped Wall Street estimates," notes Geoffrey Seiler.

In his Bull Market.com advisory, he reviews the latest earnings report and offers his outlook for the shares -- including a boost to his price target for the stock.

"For the quarter ended June 27th, the company earned $1.23 billion, or $1.35 a share, up 15% from $1.07 billion, or $1.19 a share, a year ago. Analysts were only looking for EPS of $1.17.

"Microsoft Corporation (NASDAQ: MSFT), already a holding on our buy list, was added to Goldman Sachs' Conviction Buy List," says Bill Martin. In BullMarket.com, he offers the reasoning for his continued buy rating.

"Analyst Sarah Friar at Goldman recently raised her price target on the name to $29 from $25 saying, 'We are adding Microsoft to our Conviction List as we think the combination of better revenue drivers, improved expense management, and sizable cash balances provides more opportunities for bottom-line beats.'

"'Windows 7, Windows Server 2008 R2, Bing, Xbox 360 and new Halo content, Office 2010, and the Azure Cloud provide renewed innovation beyond anything we have seen in multiple years,' Friar wrote.

"For investors with a more aggressive bent, one stock on our radar is Nuance Communications (NASDAQ: NUAN)," says trading and investing expert Bill Martin.

In BullMarket.com, he explains, "The firm's core niche is producing speech-based voice-recognition and synthesis software for use in corporate customer-care operations, mobile applications including the new iPhone and to automate health records."

"Nuance creates those automated voices you have to listen to when what you really need is a human being to tell you why your cable modem isn't delivering the Internet.

"The hottest IPO of late has been the offering from language instruction company Rosetta Stone (NYSE: RST)," notes Bill Martin.

In his BullMarket.com, he suggests, "The desire, not to mention need, to learn other languages in a global economy means the company is looking at a potentially huge market." Here's his review of the IPO:

"Shares of Rosetta Stone were priced at $18, which itself was above the anticipated range, but the price surged in the company's first day of trading on April 16th. The stock rose to $32.54 before retreating.

This post is part of a seven article report -- Food for thought: Best bets in food & beverage stocks.

"Customers are trading down to McDonald's (NYSE: MCD) from higher-end restaurants," says growth stock expert Toby Smith in his ChangeWave Investing.

The fast food operator is also a buy from Bill Martin, who adds, the company continues to serve up solid results. In his BullMarket.com advisory, he reviews the stock's recent quarter.

First, Toby Smith explains, "Given the endless parade of depressing economic news, it's no wonder that most people have lost their appetite for food -- if not altogether, then at least for the finer dining.

"Our proprietary ChangeWave Alliance survey -- ongoing pols of thousands of individuals and investors in various industries and professions -- just 5% of respondents said they would spend more at restaurants, which is unchanged from the all-time low.

In a difficult economic environment, it is often wise for investors to consider stocks in more defensive and relatively recession-resistant sectors. And one such area is food and beverage stocks.

As the long-standing market maxim goes, consumers can pull back on spending for vacations, remodeling, and new cars, but they still need to eat and drink.

In that light, I turned to nine leading newsletter advisors who serve up their current favorite ideas in the food and beverage sector:

"Goldman Sachs (NYSE: GS) surprised investors with better-than-expected earnings while also raising equity to help replay $10 billion in TARP money," says Bill Martin In BullMarket.com.

"On the earnings front, Goldman swung back to solid profitability after turning in its first-ever quarterly loss at the end of its last fiscal year, which ended November 28th, 2008.

"Goldman earned a net profit of $1.66 billion, or $3.39 a share, compared to a Q1 2008 profit of $1.47 billion, or $3.23 a share. The results are a vast improvement over the loss of -$2.29 billion, or -$4.97 a share, reported for Q4 2008.

"Goldman Sachs has long been the best run of what were previously Wall Street's top investment banks and the strength of its trading operations were evident in the quarter.

In his BullMarket.com advisory, Bill Martin looks to new products from Apple (NASDAQ: AAPL), such as the next version of the iPhone.

In addition, the advisors looks to the recent stronger-than-expected results announced by Research in Motion (NASDAQ: RIMM) and why that may bode well for Apple's own upcoming results.

Martin observes, "RBC Capital Markets analyst Mike Abramsky said Apple will launch a new version of the iPhone inJune, which the analyst has dubbed the iPhone 3G Pro.

"In a research note, Abramsky said the new version of the popular smartphone will include a number of new features and improvements over the one introduced last summer to popular appeal.

"The CEO of Target (NYSE: TGT) has purchased $4.6 million in shares of the discount retailer, and we're going to follow suit," says Bill Martin in his BullMarket.com advisory.

"Chief Executive Officer Gregg Steinhafel purchased 150K shares at $30.54 on March 18th. On the same day, he also acquired 78K shares at $31.58 for his 401(k) plan in what appears to have been an automated transaction.

"Following the transactions Steinhafel now holds 555.8K shares, exercisable options on 727.7K shares at $34.00 to $58.13, and unexercisable options on 600.9K shares at $48.16 and $58.13.

"Microsoft (NASDAQ: MSFT), having watched Apple's success at running its own stores, has decided to get into retailing as well," reports Bill Martin in his BullMarket.com advisory.

"Microsoft began its new retail effort by announcing last night that it had hired a veteran retail executive to lead it. The software giant hired David Porter away from DreamWorks Animation SKG, where he was head of worldwide product distribution.

"Prior to joining DreamWorks in 2007, Porter had spent 25 years at Wal-Mart, where he held a variety of jobs in store operations, merchandising, and information technology.