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Zacks Equity Research Analyst Blog Highlights Stocks to Buy and Hold

Strategic Insights

— 1 min read

Zacks Equity Research analysts highlight key trends and issues impacting stocks and the financial markets. Recent stocks featured on the Analyst Blog include General Motors, Nissan, Tower Semiconductor, and Stryker Corp. These highlights provide a glimpse into the latest analysis and recommendations from Zacks Equity Research.

Key Takeaways:

  • General Motors (NYSE:GM) is considering a deal with Nissan (Nasdaq:NSANY)-Renault, with Carlos Ghosn potentially leading the transformation. Despite this, the shares are rated a HOLD by Zacks Equity Research, citing skepticism about the deal's feasibility.
  • Tower Semiconductor (Nasdaq:TSEM) has been upgraded to a Buy rating, with analysts expecting a 52% increase in sales for 2007. The company's restructuring has eased the threat of bankruptcy, and its cash burn rate has decreased.
  • Stryker Corp. (NYSE:SYK) has filed a PMA application for OP-1, a device for spine fusion surgeries. However, the company received a DOJ subpoena into antitrust practices, which may have a negative impact on its stock performance. Zacks Equity Research maintains its Buy recommendation for SYK, with a target price of $49.
  • Tower Semiconductor's top-line exceeded consensus estimates in the March quarter, with a 17-25% increase in forward guidance.
  • Stryker Corp. is expected to report second quarter fiscal 2006 earnings on July 20, 2006.
  • Zacks Equity Research provides continuous coverage of 1,150 publicly traded stocks, using a proprietary stock picking system, the Zacks Rank, which has consistently outperformed the market.

Statistics:

  • General Motors' shares are rated a HOLD by Zacks Equity Research.
  • Tower Semiconductor's cash burn rate has decreased significantly.
  • The company is expected to increase sales by 52% in 2007.
  • Stryker Corp.'s P/E/G ratio is roughly 1x, with a 20x multiple for its 2007 earnings per share estimate.
  • Zacks Equity Research covers 1,150 publicly traded stocks.
  • The company's "Profit from the Pros" e-newsletter provides highlights of the latest analysis.

Sources:

  • Zacks.com: Zacks Equity Research Analyst Blog, Thursday's post.
  • Nasdaq: TSEM, NSANY, and GM.
  • NYSE: SYK, GM.
  • Zacks Investment Research: "Profit from the Pros" e-newsletter, http://at.zacks.com/?id=2674.

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