Zacks Bull and Bear of the Day Highlights: Cutera, Inc., Kimberly-Clark Corporation, AIMCO and Progress Energy

Business Wire, June 7, 2006

CHICAGO -- Zacks Equity Research highlights Cutera, Inc. (Nasdaq:CUTR) as the Bull of the Day and Kimberly-Clark Corporation (NYSE:KMB) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on AIMCO (NYSE:AIV) and Progress Energy (NYSE:PGN). Full analysis of all four stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all four stocks:

Bull of the Day:

Our Bull of the Day recommendation is for Cutera, Inc. (Nasdaq:CUTR). CUTR settled with Palomar and agreed to pay past and future hair removal royalties. Although CUTR admitted patent infringement, a major distraction and risk has now been removed. Our estimates decline on higher royalty-related expenses. In-line with the group 2007 P/E/G, our target moves up to $30.

Bear of the Day:

Our Bear of the Day recommendation is for Kimberly-Clark Corporation (NYSE:KMB). Despite progress on the company's three cost savings programs (FORCE, the Global Business Plan, and the Competitive Improvement Initiatives), rising raw material costs, weak European operations, and competitive pressures are negatively impacting results. As a result, the stock is recommended as a Sell.

Analyst Blog:

We are upgrading AIMCO (NYSE:AIV) to Hold. The company had an impressive 1st quarter and easily beat our FFO estimates. On a portfolio wide basis, the company reported solid occupancy, revenue and NOI increases. Apartment fundamentals are continuing to improve and the entire industry will continue to make gains throughout the year. Apartment companies are reporting their best results in years.

Progress Energy (NYSE:PGN) maintains a diversified asset portfolio ranging from regulated utilities to competitive generation. Future prospects appear relatively bright given the company's increased generation capacity, expected rate hikes, market expansion and an improving balance sheet. However, existing cost pressures and an expected decline in earnings due to unfavorable weather and loss of synfuel operations remain worrisome issues.

Get the full analysis of all four stocks by going to http://at.zacks.com/?id=2649.

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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.

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