Welcome!

News Feed Item

Zacks Bull and Bear of the Day Highlights: Xzeres, DryShips, DISH Network, Sprint Nextel and AT&T

CHICAGO, Dec. 28, 2012 /PRNewswire/ -- Zacks Equity Research highlights Xzeres Corp (OTC:XPWR) as the Bull of the Day and DryShips (Nasdaq:DRYS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on DISH Network Corp. (Nasdaq:DISH), Sprint Nextel Corp. (NYSE:S) and AT&T Inc. (NYSE:T).

(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:

Xzeres Corp (OTC:XPWR) was upgraded from Neutral to Outperform  as quarterly sequential revenue growth resumed last quarter. Third fiscal quarter results are expected in mid-January.

XZERES is positioned to benefit from the growth of the small wind energy industry. Access to capital through three separate financings over the last eight months, at first stabilized, and then, grew the company s revenue base.

XPWR reported second quarter earnings of -$0.06 per share. Second quarter earnings were better than year ago earnings of -$0.09 per share. The Zacks Estimate for the third quarter earnings is a loss of $0.05 per share, an improvement from the previous quarter.

 Bear of the Day:

DryShips (Nasdaq:DRYS) was recently downgraded from Neutral to  Underperform.  The downgrade was based on current volatile conditions of the shipping industry.

In the most recent quarter revenue improved on a year over year basis but earnings per share swung from positive to negative.  It was the third quarter in a row the company reported a loss and two more quarters of losses are expected.

The dry bulk shipping and oil tanker industry are facing severe challenges as the vessel rate collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of vessels under operation that resulted in intense price competition.

We have a long term Underperform recommendation on the stock. Our target price of $1.50 is based on approximately 0.16x price to book metric.

Latest Posts on the Zacks Analyst Blog:

DISH Demands More Time from FCC

DISH Network Corp. (Nasdaq:DISH) – the second largest satellite TV operator in the U.S. – plans to ask the Federal Communications Commissions (FCC) for more time to file a petition against the Sprint Nextel Corp. (NYSE:S) and Japan's SoftBank Corp. deal, as the latter plans to takeover Sprint.

DISH Network's decision to oppose SoftBankCorp.'s proposal to buy Sprint's 70% stake for $20.1 billion has come up as a result of Sprint's recent plan to buyback Clearwire Corp. for $2.2 billion.

Earlier, in a report presented by the FCC and Citibank in 2010, Clearwire owed 134 MHz of spectrum belonging to 2.5 GHz band. So, the acquisition of Clearwire will not only make Sprint (the third largest carrier in U.S.), the largest Spectrum holder in the U.S. with 185 MHz of combined spectrum but will also widen the gap with two top carriers – Verizon Wireless and AT&T Inc. (NYSE:T) with 77 MHz and 83 MHz spectrum, respectively.

DISH Network – already holds 40 MHz of satellite spectrum and recently received – the FCC nod – to utilize those unused spectrum to set up a wireless network. Consequently, the company believes that Sprint's decision to acquire full stake in Clearwire may not only give access to nearly 134 MHz of spectrum but will also create a much dominant force in the wireless industry.

Moreover, if SoftBank becomes successful in acquiring Sprint, it will give access to nearly 184 MHz of spectrum (51 MHz of Sprint and 134 MHz of Clearwire), hence making a foreign company the largest holder of spectrum, which is also not in the best interest of the country. However, Clearwire's spectrums are less popular in U.S. market as it uses high frequency band while most smartphone and tablets in the coutry uses low frequency band.

Similar instance took place when the FCC ruled out AT&T's plan to buyout T-Mobile USA (a U.S. subsidiary of Germany-based Deutsche Telekom), which may result in a monopoly if the deal materialized as AT&T will then become the largest holder of spectrum in the country with nearly 125 MHz spectrum.

So, it is to be seen how the FCC deals with the situation whether to give its approval to improve spectrum shortage crisis or to protect the U.S. wireless market from foreign threats.

We maintain our long-term Neutral recommendation on DISH Network. Currently, it has a short-term Zacks #3 Rank (Hold) on the stock.

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.

Latest Stories
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Peak 10, Inc., has announced the implementation of IT service management, a business process alignment initiative based on the widely adopted Information Technology Infrastructure Library (ITIL) framework. The implementation of IT service management enhances Peak 10’s current service-minded approach to IT delivery by propelling the company to deliver higher levels of personalized and prompt service. The majority of Peak 10’s operations employees have been trained and certified in the ITIL frame...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...