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Zacks Bull and Bear of the Day Highlights: Sinopec, Whole Foods, Quinenco and HMS Holdings.

Publication: Business Wire
Publication Date: 07-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks Equity Research highlights Sinopec (NYSE:SNP) as the Bull of the Day and Whole Foods Market (Nasdaq:WFMI) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Quinenco (NYSE:LQ) and HMS Holdings (Nasdaq:HMSY). 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 China Petroleum & Chemical, or Sinopec (NYSE:SNP). Sinopec recently reported strong financial results for the third quarter of 2006, due to increased production and high crude oil prices. While a number of uncertainties remain, we believe that the near- to medium-term environment supports its continued upstream production growth and downstream capacity expansion. Moreover, Sinopec's integrated petrochemical and refining businesses are expected to benefit from possible price reform for refined products in China. Therefore, we are maintaining our...

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