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Zacks Bull and Bear of the Day Highlights: American Tower, BJ's Restaurants, Teekay Corporation, Buckeye Partners and AutoZone.

Publication: Business Wire
Publication Date: 22-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks Equity Research highlights American Tower (NYSE: AMT) as the Bull of the Day and BJ's Restaurants (NYSE: BJ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Teekay Corporation (NYSE: TK), Buckeye Partners (NYSE: BPL) and AutoZone, Inc. (NYSE: AZO).

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: American Tower (NYSE: AMT)

We reaffirm our Buy recommendation with a higher valuation target for American Tower, a leading operator of wireless communications towers in the USA, Mexico and Brazil, following first quarter 2008 financial results that were better than our estimates. Overall performance has been driven by substantial demand for more tower space to facilitate high-speed data services and mobile video, in particular 3G and WiMAX technologies.

The company continues...

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