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Zacks Bull and Bear of the Day Highlights: ON Semiconductor, Developers Diversified, Alcon Inc., AstraZeneca and Allergan, Inc.

Publication: Business Wire
Publication Date: 18-SEP-09 		Format: Online
Delivery: Immediate Online Access

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

CHICAGO -- Zacks Equity Research highlights ON Semiconductor (Nasdaq: ONNN) as the Bull of the Day and Developers Diversified (NYSE: DDR) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Alcon Inc. (NYSE: ACL), AstraZeneca (NYSE: AZN) and Allergan, Inc. (NYSE: AGN).

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:

ON Semiconductor (Nasdaq: ONNN) is an OEM of primarily analog semiconductors used within a diverse set of end markets. June quarter results beat consensus expectations, with management guiding for stronger results in the September quarter.

Recent acquisitions, a broad product portfolio, a well diversified business across end markets and geographies, restructuring actions and debt reduction initiatives are other positive factors.

While competition is strong as ever and restrictive...

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