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Zacks Bull and Bear of the Day Highlights: Harris Corp., Supertex, Allied Irish Banks and Newfield Exploration.

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

Article Excerpt
CHICAGO -- Zacks Equity Research highlights Harris Corp. (NYSE: HRS) as the Bull of the Day and Supertex (Nasdaq: SUPX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Allied Irish Banks (NYSE: AIB) and Newfield Exploration Company (NYSE: NFX). 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 Harris Corp. (NYSE: HRS). We maintain our Buy rating for Harris Corp., a leading government electronics supplier, following its revised earnings guidance for fourth quarter (ended June) of fiscal 2007 and full fiscal year 2008. Higher defense expenditures by the U.S. government coupled with new expansion drives in the Asian, European & African markets resulted...

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