Sunday, 16 November 2008

Zacks Analyst Blog Highlights Wyeth Advance Auto Parts Inc Du Pont China Southern Airlines Company Ltd and Centre Daily Times

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Wyeth NYSE WYE Advance Auto Parts Inc. NYSE AAP Du Pont NYSE DD China Southern Airlines Company Ltd. NYSE ZNH and Cache Inc. Nasdaq CACH . Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter http at.zacks.com id Here are highlights from Friday s Analyst Blog Wyeth Working Thru Setbacks Wyeth NYSE WYE is one of the world s largest research driven pharmaceutical and healthcare products companies. The Madison New Jersey based company s recent performance has been stunted due to the entry of generic Protonix in late . EPS growth through will benefit from recently implemented productivity initiatives and share repurchases. We look for EPS of . in flat from due to expectations of a higher tax rate a! nd an unfavorable interest rate environment relative to . We maintain our Hold rating with a price target representing . x our EPS estimate of . . Advertisement Advanced Auto a Hold for Now Advance Auto Parts Inc. NYSE AAP is a specialty retailer of automotive parts accessories and maintenance items. The company caters to the do it yourself DIY and do it for me DIFM customers. Though it is generating top line growth by opening new stores the company currently faces a challenging industry environment. To combat the difficult industry metrics the company has reviewed its business strategies to drive sales lower costs and increase return on invested capital ROIC . AAP expects increased investments and fuel costs to constrain profit growth in . Du Pont Suffers from Hurricane Du Pont NYSE DD is currently the world s second largest chemical company in terms of market capitalization and the fourth in revenue. Du Pont describes itself as a global science company employing more than! people worldwide with a diverse array of product offerings. Earnings growth may find some pressure from higher expected operating expenses to support growth. Selling general and administrative expenses are expected to increase in the future to support the company s expanding business. We believe the stock is fairly valued at roughly x our EPS estimate or at roughly a . x P E G on EPS. Our price target moves to . China Southern in Holding Pattern We are maintaining our Hold on China Southern Airlines Company Ltd. NYSE ZNH but cutting our target price to . It is China s largest carrier by fleet size and headquartered in Guangzhou China. China Southern together with its subsidiaries engages in the airline operations in China and internationally. As China s largest carrier China Southern is well positioned to leverage the growth potential of aviation industry in China. We think its current price fairly reflects most factors. The company pays no dividend. Cache Guidance Lowered Cache Inc. Nasdaq CACH is a specialty retailer which operates stores s! elling women s apparel and accessories under the names Cache and Cache Luxe. Cache targets women between the ages and . Cache Luxe is the company s newest store concept that was rolled out to replace the Lillie Store concept. The company recently decided to close its Lillie Rubin stores by the end of the third quarter. The stock is now down about since our downgrade on June . Admittedly we are surprised at how far CACH shares have declined in price especially in the last few days. Given the difficult environment for retailers we are hard pressed to find reasons to step up and buy CACH shares here. We maintain our Hold rating. Want more from Zacks Equity Research Subscribe to the free Profit from the Pros newsletter http at.zacks.com id . About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long term. Continuous coverage is provided for a universe of pu! blicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six month time horizons. Zacks Profit from the Pros e mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today http at.zacks.com id About Zacks Zacks.com is a property of Zacks Investment Research Inc. which was formed in 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. 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