Business Services Industry

Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Cheesecake Factory, Inc., Rayovac Corporation and Hydril

Business Wire, Feb 25, 2005

CHICAGO -- Discover some of the names from Joseph Parnes' list of long positions, including Cheesecake Factory, Inc. (NASDAQ:CAKE), Rayovac Corporation (NYSE:ROV), and Hydril (NASDAQ:HYDL). Joseph Parnes is the editor of the Shortex newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the February 23rd Featured Expert column by Joseph Parnes includes:

Cheesecake Factory, Inc. (NASDAQ:CAKE): The operator of 87 upscale, casual dining restaurants offering an extensive menu of more than 200 items with an average bill of approximately $16.60. Reported 4th Qtr record financial results: Revenue up 24% to $266.1 million, net income up 32% to $205 million, earnings: 26 cents per share up 3.0% and comparable restaurant sales up 3.0%.

Rayovac Corporation (NYSE:ROV): The provider of consumer products announced of its intent to change its Corporate name to Spectrum Brands: symbol /SPC/ subject to shareholder approval in April '05. /ROV/ has evolved from a US based battery manufacturer to a global consumer products Co. all due to acquisition of United Industries.

Hydril (NASDAQ:HYDL): The maker of drilling gear for the oil industry enjoyed a rewarding year in '04. Growth in drilling for oil around the world was achieved, without causing pressure to capacity. Drilling contractors of higher day-rates and longer-term contracts for deep water rigs on the rise. Net income of $1.98 per share for '04 a record.

Read Joseph Parnes' commentary, and get all of his long positions and short positions, by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=87

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

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.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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