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Zacks Bull and Bear of the Day Highlights: Semtech Corp., Washington Federal, Bank of America, Hasbro and Peabody Energy.

Publication: Business Wire
Publication Date: 16-OCT-09
Format: Online
Delivery: Immediate Online Access

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

CHICAGO -- Zacks Equity Research highlights Semtech Corp. (Nasdaq: SMTC) as the Bull of the Day and Washington Federal (Nasdaq: WFSL) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America (NYSE: BAC), Hasbro (NYSE: HAS) and Peabody Energy (NYSE: BTU).

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:

Semtech Corp. (Nasdaq: SMTC) is a fabless supplier of analog and mixed-signal semiconductor devices. Management has been diversifying the product portfolio, introducing new high-margin products and broadening the customer base.

July quarter results exceeded the consensus on both the top and bottom lines. Forward guidance is for 6-10% revenue increase in the October quarter.

Both revenue growth and margin expansion are expected to return in the second half of fiscal...

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