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Zacks Bull and Bear of the Day Highlights: Medtronic, Tesoro, American Express Co., Bank of America and Discover.

Publication: Business Wire
Publication Date: 19-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
http://www.profit.zacks.com/

CHICAGO -- Zacks Equity Research highlights Medtronic (NYSE: MDT) as the Bull of the Day and Tesoro (NYSE: TSO) the Bear of the Day. In addition, Zacks Equity Research provides analysis on American Express Co. (NYSE: AXP), Bank of America (NYSE: BAC) and Discover (NYSE: DFS).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

Medtronic's (NYSE: MDT) story is improving -- product approvals, launches and a renewed focus on operating margins should drive healthy near-term earnings growth. While sales growth has been hampered by weak U.S. end-markets, the company produced solid free cash flow of over $3 billion that can be used for acquisitions.

The company is well on track for achieving goals set by its ONE Medtronic...

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