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Zacks Equity Research Highlights Stocks for Bull and Bear of the Day

Strategic Insights

— 2 min read

Zacks Equity Research identifies Xoma, Ltd. (Nasdaq:XOMA) as the Bull of the Day and Bausch & Lomb (NYSE:BOL) as the Bear of the Day. The Bull of the Day recommendation is based on Xoma's potential for positive catalysts in the remainder of 2006, including its royalties on worldwide sales of psoriasis drug Raptiva. Xoma's early-stage pipeline and collaborative research efforts also provide significant growth potential. On the other hand, Bausch & Lomb faces possible NYSE delisting if it fails to complete its filings by September 30, 2006, which warrants a Sell rating.

Key Takeaways:

  • Xoma, Ltd. (Nasdaq:XOMA) is the Bull of the Day due to its royalties on worldwide sales of psoriasis drug Raptiva and its early-stage pipeline, which provides significant growth potential.
  • Bausch & Lomb (NYSE:BOL) is the Bear of the Day due to the risk of NYSE delisting if it fails to complete its filings by September 30, 2006.
  • United Dominion Realty Trust (NYSE:UDR) is a Buy-rated stock that had another strong quarter, with significant increases in revenue, net operating income, and income per occupied home.
  • General Mills (NYSE:GIS) is a Hold-rated stock that is expected to achieve high single-digit earnings growth in the long term, driven by productivity initiatives, debt reduction, and new product introductions.
  • The company's analysis is provided by Zacks Equity Research, which offers continuous coverage of over 1,150 publicly traded stocks.
  • Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research, offering investors the best of quantitative and qualitative analysis to inform their investment decisions.

Statistics:

  • Xoma, Ltd. (Nasdaq:XOMA) has a target price of $4.00 based on the company's royalties on worldwide sales of psoriasis drug Raptiva.
  • Bausch & Lomb (NYSE:BOL) faces a possible NYSE delisting if it fails to complete its filings by September 30, 2006.
  • United Dominion Realty Trust (NYSE:UDR) exceeded consensus estimates in its recent quarter, with a 10% earnings growth projection for 2006.
  • General Mills (NYSE:GIS) is expected to achieve high single-digit earnings growth in the long term, driven by productivity initiatives, debt reduction, and new product introductions.
  • The Zacks Performance Rank performance reflects the total return of equal-weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees.

Sources:

  • Zacks Equity Research
  • Nasdaq:XOMA
  • NYSE:BOL
  • NYSE:UDR
  • NYSE:GIS
  • Standard & Poor's (S&P 500 Index)
  • Zacks.com
  • Zacks Investment Research, Inc.

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