zacks research posts
FeedPosted Jul 17th 2009 11:30AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Corning Inc (GLW), Stocks to Buy
"Corning (NYSE: GLW) is seeing green shoots; it recently announced significant gains in demand for LCD glass due to strong TV sales," says Tracey Ryniec of Zacks Research.
"Overall, LCD TV demand remains hot. The company is seeing much stronger demand for glass in the second quarter than it anticipated even just a few weeks ago.
"Corning is a specialty glass, ceramics and optical fiber manufacturer. It produces glass for LCD flat panel televisions and laptops, ceramic substrates and filters for mobile emission control systems, cable for Internet communication networks and advanced optics and specialty glass for various industries.
Continue reading 'Green shoots' for Corning (GLW)
Posted Mar 27th 2009 5:00PM by Steven Halpern (RSS feed)
Filed under: International markets, China, Newsletters, Mutual funds, ETF Investing, Commodities, Stocks to Buy, Technology
With its own economic stimulus program in place, a relatively stable banking system, and a stock market that has been resilient in recent months, numerous leading global investment advisors are looking bullishly towards China.
From technology to power, and from individual stocks to ETFs, and from Hong Kong to Taiwan to mainland China, we turn to seven leading advisors for their favorite ways for US investors to take a stake in Asia.
Continue reading Global advisors look to China: 10 picks from seven pros
Posted Mar 19th 2009 2:20PM by Steven Halpern (RSS feed)
Filed under: Newsletters, McDonald's (MCD), DJIA, Stocks to Buy, Recession
"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