Welcome!

Wearables Authors: Elizabeth White, Cloud Best Practices Network, Jim Malone, Liz McMillan, Pat Romanski

News Feed Item

Zacks Bull and Bear of the Day Highlights: Lumber Liquidators Holdings, Weight Watchers International, Apple, Intel and Amgen

CHICAGO, Feb. 28, 2013 /PRNewswire/ -- Zacks Equity Research highlights Lumber Liquidators Holdings Inc. (NYSE:LL) as the Bull of the Day and Weight Watchers International (NYSE:WTW) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple (Nasdaq:AAPL), Intel (Nasdaq:INTC) and Amgen Inc. (Nasdaq:AMGN).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Full analysis of all these stocks is available at http://at.zacks.com/?id=2678.

Here is a synopsis of all five stocks:

Bull of the Day:

If you're looking for a way to play the housing recovery without owning a homebuilder, look no further than Lumber Liquidators Holdings Inc. (NYSE:LL). The largest retailer of hardwood flooring is expected to grow earnings by the double digits in both 2013 and 2014. Lumber Liquidators is a Zacks Rank #1 (Strong Buy).

While investors shunned Lumber Liquidators during the Great Recession as housing struggled, the company continued to grow. In November 2009, the company had 180 stores. As of the end of Dec 2012, it had 288 locations. It now carries over 340 varieties of flooring.

Lumber Liquidators' earnings have been telegraphing the turnaround in the housing market for the past year. It has posted big surprises on the Zacks Consensus each of the last four quarters. The surprises have averaged 30%.

On Feb 20, it reported fourth quarter results which saw net sales jump 20.8% to a record $210.7 million. Comparable store net sales climbed 13.2%. Average sale price for comparable store sales rose 3.9%.

Bear of the Day:

New Years' resolutions haven't been good for Weight Watchers International (NYSE:WTW). The company recently gave disappointing guidance for 2013 as it struggled to recruit new members. Weight Watchers has plunged to a Zacks Rank #5 (Strong Sell).

Weight Watchers is well known for its celebrity commercials endorsing its weight loss plans and its diet foods found in local supermarkets. Each week it holds 45,000 meetings where members receive support from company leaders and others in the program while learning about nutrition and healthy eating.

The company also operates WeightWatchers.com which offers subscription weight management products over the Internet.

Weight Watchers' problems aren't with the web site side of the business. WeightWatchers.com had a strong 2012 fourth quarter. Internet revenues rose 17.7% over the prior year. Online paid weeks were up 18% versus the fourth quarter of 2011.

It was on the meetings side where things slipped. Fourth quarter meeting revenue for North America fell 1.9% due to continued lower enrollment volumes and weakness in the traditional meetings business. Meeting paid weeks and attendance decreased 7.3% and 14.5%, respectively, year over year.

 Latest Posts on the Zacks Analyst Blog:

Apple Stock Rumors: Stop the Madness

The mania over Apple (Nasdaq:AAPL) shares and the company in general has reached a new low. Lately, investors have been focused in on a possible stock spilt for the next reason to be hopeful on the company's prospects in the near term.

Keep in mind that a stock split doesn't actually matter in terms of a stock's value. Instead, it is pretty much just a gimmick at this point, and pretty weak one at that since round lot trading isn't really an issue anymore.

But like with most Apple trading, both in the past and in current trading, fundamentals aren't exactly important. Shares moved steadily higher on the rumor of the possible split, and the story has dominated headlines as well.

This is despite the fact that a stock split after a nearly 30% crash in a few months is, to put it mildly, absurd. Don't companies usually try to do splits at lofty prices instead of waiting for a catastrophe as a weak attempt to juice prices?

While it is true that a possible hike in dividend payouts has also been rumored, it is kind of depressing that this is what the once-innovator has come to already. Instead of being an all-star in the tech world, the company is now just a yield destination for investors, no different really than Intel (Nasdaq:INTC) or any other important, but no longer worshiped, big tech company out there.

I for one had been thinking about jumping into AAPL at these depressed levels, but some of these recent events have made me reconsider. The stock is still trading on rumors and conjecture, but not even about the company's business anymore, or the 'Holy Grail' of iTV. Instead it is about meaningless things like stock splits and how insane the cash pile will get before something is done about it.

True, the company is hovering just above its 52-week lows and it has an extremely low P/E, but can this make up for all of the other issues swirling around the stock?

After all, AAPL currently has just a Zacks Rank of 3 or 'Hold' and it is in the middle of the road in terms of Industry Rank, so there is little to hang your hat on from that perspective. The pile of cash is now approaching one-third of total market cap in the company, but based on the latest shareholder meeting, there just seems to be 'active talk' about doing something with it.

At what point will it be enough? $150 billion? $200 billion?

Setback for Amgen

Amgen Inc. (Nasdaq:AMGN) was recently dealt a blow by the US Food and Drug Administration (FDA) when it halted the pediatric trials, evaluating the company's drug Sensipar (cinacalcet hydrochloride), for safety reasons. Sensipar, a calcium-sensing receptor agonist, is already available for decreasing the release of parathyroid hormone (PTH) from the parathyroid gland in adults since 2004.

The FDA cleared Amgen's drug for treating secondary hyperparathyroidism in adults with chronic kidney disease on dialysis. It is also approved for treating   hypercalcemia (excess calcium in the blood) in adults suffering from parathyroid cancer and severe hypercalcemia in adults with primary hyperparathyroidism, who are unable to undergo parathyroidectomy.
   
Amgen was conducting the studies to evaluate the efficacy and safety of Sensipar in patients less than 18 years of age. The FDA stopped the trials following the death of a 14-year-old patient.  The US regulatory body said that it is in the process of gathering information about the death. Even though the FDA is not fully sure that the death was caused by Sensipar, it stopped all pediatric studies on the drug as a safety measure.

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 analyst 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=7158.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD from MIT 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 at http://at.zacks.com/?id=4582.

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

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

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.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
As cloud adoption continues to transform business, today’s global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Although it has gained significant traction in the consumer space, IoT is still in the early stages of adoption in enterprises environments. However, many companies are working on initiatives like Industry 4.0 that includes IoT as one of the key disruptive technologies expected to reshape businesses of tomorrow. The key challenges will be availability, robustness and reliability of networks that connect devices in a business environment. Software Defined Wide Area Network (SD-WAN) is expected to...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.