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Zacks Bull and Bear of the Day Highlights: Cleveland Cliffs, Palm, Inc., Broadcom, School Specialty and Mylan, Inc.

Publication: Business Wire
Publication Date: 21-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks Equity Research highlights Cleveland Cliffs (NYSE: CLF) as the Bull of the Day and Palm, Inc. (Nasdaq: PALM) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Broadcom (Nasdaq: BRCM), School Specialty (Nasdaq: SCHS) and Mylan, Inc. (NYSE: MYL).

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: Cleveland Cliffs (NYSE: CLF)

Cleveland Cliffs has solid fundamentals, rising prices and increasing demand of its products. Strong industrial growth in China has triggered demand for steel, resulting in higher demand for iron ore. The company's portfolio of both established and recent iron ore and metallurgical coal assets positions it to capitalize on global industry dynamics in 2008 and beyond. We believe stronger commodity prices should significantly boost revenues for CLF. As a result, we rate the...

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