"Abbott Laboratories (NYSE: ABT) is continuing its long record of rewarding shareholders," notes Alex Kolb In Zacks Elite, pointing to its 341st consecutive quarter of dividends since 1924.

"Abbott is a global, broad-based health care company that develops, manufactures and markets pharmaceuticals and medical products, including nutritionals, devices and diagnostics.

"The company employs more than 68,000 people and markets its products in more than 130 countries.

"The company recently released new data, showing that a combination of its new TriLipix triglycerides medicine and a low dose of AstraZeneca's Crestor cholesterol drug are better than the individual pills for treating heart problems.

Continue reading Abbott (ABT): An 'income machine'

Abbott (ABT): An 'income machine' originally appeared on BloggingStocks on Tue, 14 Apr 2009 10:30:00 EST. Please see our terms for use of feeds.

"McDonald's (NYSE: MCD) has bucked the global recession in February as both global and U.S. same *store sales rose," says Tracey Ryniec, who has chosen the fast food giant as its latest featured company in Zacks Ellite Stock of the Day.

The analyst explains, "The company, which operates more than 32,000 McDonald's restaurants in over 100 countries, reported February comparable sales results on Mar 9 that showed global sales rising 1.4% year over year even as Feb 2008 included an extra day due to leap year. Excluding the extra day, sales grew 5.4%.

"U.S. sales climbed 2.8%, or 6.8% if you exclude the extra calendar day in 2008. Asia/Pacific, Middle East and Africa rose 0.7%, or 4.1% if you exclude the extra calendar day. Only Europe saw a decline, losing 0.2%, but if you exclude the extra day, even Europe increased 4%.

Continue reading Zacks Elite bites into Big Mac

Zacks Elite bites into Big Mac originally appeared on BloggingStocks on Thu, 19 Mar 2009 14:20:00 EST. Please see our terms for use of feeds.

"Aaron Rents (NASDAQ: RNT) is a new addition to the focus list that carries both fundamental and technical strength," says Michael Vodicka, an analyst with Zacks Elite Investment Research.

"The company is a specialty retailer of consumer electronic goods like stereos and televisions that owns or operates 1,545 stores in the United States and Canada. Aaron Rents was founded in 1955 and has a market cap of $1.38 billion.

"In spite of a short-lived drop in mid October, this stock has held up well in an environment where consumers are pulling back on discretionary spending. The big share-price rebound was predicated on the company's solid third-quarter results, reported in late October.

Continue reading Aaron Rents (RNT): Zacks sees resilient returns

Aaron Rents (RNT): Zacks sees resilient returns originally appeared on BloggingStocks on Tue, 10 Feb 2009 14:30:00 EST. Please see our terms for use of feeds.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"Monsanto Company (NYSE: MON), my favorite investment idea for 2009, should prosper regardless of how the economy performs," Charles Rotblut, CFA and editor of Zacks Elite.

In the same sector, Tracey Ryniec, editor of The Zacks Value Trader looks to Corn Products International (NYSE: CPO), noting, "Despite a tough economy, this 100-year old company is positioned to reap the rewards from growth in agriculture."

Regarding Monsanto, Rotblut continues, "Monsanto helps farmers improve their crop yields, via both better seeds and herbicides. In blunt terms, MON provides solutions that most farmers will view as more of a necessity than a luxury.

"The data supports this assessment. Since fiscal 2005, revenues have more than doubled, rising from $5.3 billion to $11.4 billion. Net income has jumped nearly tenfold and free cash flow is up substantially.

"Looking forward, Monsanto thinks fiscal 2009 profits will total $4.20 to $4.40 per share -- an approximate 18% increase over fiscal 2008. The company also thinks that gross profits will grow by a compound annual growth rate of 15% to 20% over the next 3 years.

Continue reading Top Stock Picks '09: Monsanto (MON) and Corn Products (CPO)

Top Stock Picks '09: Monsanto (MON) and Corn Products (CPO) originally appeared on BloggingStocks on Fri, 02 Jan 2009 14:00:00 EST. Please see our terms for use of feeds.