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Zacks Bull and Bear of the Day Highlights: Haemonetics, Votorantim Celulose, China Mobile, Chunghwa Telecom and Sabesp

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April 03, 2009 | Comment(s): 0
Recommended this article (6)
HAE | VCP | CHL | CHT | SBS

For Immediate Release

Chicago, IL – April 3, 2009 – Zacks Equity Research highlights Haemonetics Corp. (HAE - Analyst Report) as the Bull of the Day and Votorantim Celulose S.A. (VCP) the Bear of the Day. In addition, Zacks Equity Research provides analysis on China Mobile (CHL - Snapshot Report), Chunghwa Telecom (CHT - Analyst Report) and Sabesp (SBS - Analyst Report).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

Low worldwide penetration combined with demand outstripping supply makes a positive long-term thesis for investing in the blood processing and supply chain management industry. Haemonetics Corp. (HAE - Analyst Report) has benefited from recent acquisitions that have added novel technologies.

Additionally, recent supply agreements and double-digit growth demonstrate HAE's strong market position in a growing industry.

Bear of the Day:

We are maintaining our Sell recommendation on Votorantim Celulose S.A. (VCP). The short-term outlook for pulp prices is quite uncertain as a result of the current credit crisis.

Fourth quarter results were bad as expected, but the pulp and paper sales volume were in line with the company's guidance in spite of the production stoppage in the Jacareí and Conpacel units in November 2008.

The recent reduction in demand in Europe and North America, along with the U.S./>/> financial crisis, resulted in a decrease in pulp list prices all over the world. The growth in net debt is a problem and the lack of transparency in the merger deal with ARA raises many doubts.

Latest Posts on the Zacks Analyst Blog:

Boiling Down the G-20 Summit/>/>

We would note, that while many emerging economies have been slammed by the crisis, that is not true of all of them. Some of the largest emerging economies are still recording positive growth. The most significant of these is China/>/>, which will probably grow about 6.5% this year, well down from the 11%+ levels it has seen in the recent past, but still very healthy compared to the rest of the world.

Two Chinese stocks we like are both in the Telecom sector, China Mobile (CHL - Snapshot Report) and Chunghwa Telecom (CHT - Analyst Report).  Brazil/> is also in relatively good shape, a name to look at there is Sabesp (SBS - Analyst Report) which provides water and sanitation services in Sao Paulo/>/>.

Get the full analysis of all these stocks by going to http://at.zacks.com/?id=2649.

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

About the Analyst Blog

Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.

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 1,150 publicly 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 by visiting http://at.zacks.com/?id=2677.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 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. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment

Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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.

Contacts:

Mark Vickery

312-265-9380

Visit: www.zacks.com

Read the full analyst report on HAE

Read the full analyst report on VCP

Read the full analyst report on CHL

Read the full analyst report on CHT

Read the full analyst report on SBS

 

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