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Friday, January 05, 2007

(SEAB) - SeaBright Insurance Holdings, Inc - Consensus estimates for this year and next have jumped over the past two months

SeaBright Insurance Holdings, Inc. (SEAB), a Zacks #1 Rank stock, topped analysts’ earnings expectations in four out of the past five quarters by an average margin of 16.7%. The company reported solid results for the third quarter and first nine months of the year in late October. Consensus estimates for this year and next have jumped over the past two months. The company has a price-to-book ratio of 1.6, compared to 4.8 for the market. Its PEG ratio currently sits at 0.71.

Full Analysis

SeaBright Insurance Holdings, Inc., through its subsidiary, SeaBright Insurance Company, is a leader in providing quality niche specialty workers' compensation products and services to maritime employers, organized employers requiring collectively bargained workers' compensation insurance, construction contractors and other selected employer segments.

SEAB exceeded analysts’ earnings expectations in four out of the past five quarters by an average margin of 16.7%. In three out of the four quarters, the company surprised by a double-digit percentage.

On Oct 24, SEAB reported third-quarter profits of $9.1 million, or 44 cents per share, compared to profits of $5.1 million, or 30 cents per share in the prior-year period. Furthermore, the result topped the Street’s estimate of 38 cents by a solid 15.8%. Total revenues jumped 19.2% to $52.8 million versus $44.3 million in the third quarter of 2005.

For the first nine months of the year, profits came in at $24.4 million, compared to $12.0 million for the same period in 2005. Total revenues soared 23.6% to $147.8 million from $119.6 million for the first nine months of 2005.

The company’s combined ratio for the quarter, a measure of profitability for insurance companies, was 77.4% compared to 85.0% for the same period in 2005. For the first nine months of the year, the combined ratio was 78.8% compared to 87.1% for the same period in 2005. A ratio less than 100% indicates that the company is turning an underwriting profit, while a ratio greater than 100% indicates one that is paying out more money in claims versus receiving via premiums.

The consensus earnings estimate for this year rose three cents to $1.58 over the past 60 days. Profit forecasts for next year increased by a larger magnitude—eight cents to $1.72 over the same period of time. Earnings per share are projected to grow 15% over the next 3-5 years, while the industry is expected to grow by 14%.

SEAB is currently trading at a valuation of 11.6x trailing 12-month earnings and at 10.6x current fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 17.3x trailing 12-month earnings and at 15.7x its current fiscal-year estimated earnings. The company has a price-to-book ratio of 1.6, compared to 4.8 for the market. Its PEG ratio currently sits at 0.71.

The company’s return on equity of 15% betters the industry average of 13%.

Content Courtesy: Zacks Investment Research

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(BER) - W.R. Berkley Corp - increased share repurchase authorization by 20 million shares

W.R. Berkley Corporation (BER) reported solid results for the third quarter and first nine months of the year in late October. On Nov 3, the Board of Directors increased the company's share repurchase authorization by 20 million shares and declared a quarterly cash dividend of four cents per share. BER’s return on equity nearly doubles that of the industry average—25% compared to 13%.

Full Analysis

W.R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance and international.

On Oct 25, BER reported third-quarter earnings per share of 86 cents per share. The result beat the Street’s estimate by three cents and soared past earnings in the prior-year period by 45.8%. Revenues increased 7.9% to $1.37 billion from $1.27 billion, while net premiums written rose 7.1% to $1.21 billion from $1.13 billion. BER is scheduled to release its fourth-quarter results on Feb 12.

Chairman and CEO William R. Berkley stated, “Our company has continued to deliver excellent returns while growing in an increasingly competitive environment. Our expansion into new lines of business and the growth of our existing activities have enabled us to maintain a growth rate in excess of the industry.”

For the first nine months of the year, profits ballooned 32.9% to $501.5 million, compared to $377.5 million for the first nine months of last year. Revenues climbed 10.4% to $4.03 billion from $3.65 billion, while net premiums written experienced a 7.5% increase to $3.71 billion from $3.45 billion.

The company’s combined ratio for the quarter, a measure of profitability for insurance companies, was 88.5% compared to 92.1% for the same period in 2005. For the first nine months of the year, the combined ratio was 88.6% compared to 90.2% for the same period in 2005. A ratio less than 100% indicates that the company is turning an underwriting profit, while a ratio greater than 100% indicates one that is paying out more money in claims versus receiving via premiums.

On Nov 3, the Board of Directors increased the company's share repurchase authorization by 20 million shares. At the time of the announcement, BER had approximately 2.6 million shares remaining that it could buy back under previously approved authorizations. The Board also declared a regular quarterly cash dividend of four cents per common share of stock. BER has a current dividend yield of 0.46% and a five-year average dividend yield of 0.70%.

The company was named by Forbes to its Platinum 400 list, which identifies the best of the biggest publicly traded companies in America. Companies are selected after a thorough review of financial metrics, Wall Street forecasts, corporate governance ratings and other public information.

BER’s return on equity, a common measure of profitability, nearly doubles that of the industry average—25% compared to 13%.

BER is a Zacks #2 Rank (Buy) stock. Zacks #2 Rank stocks have generated an average annual return of 21.6% since 1988. Because the Zacks Rank has a market cap bias, Growth & Income investors may find a greater number of large-cap stocks by considering both Zacks #1 Rank (Strong Buy) and Zacks #2 Rank (Buy) stocks in their selection criteria.

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(MDRX) - Allscripts Healthcare Solutions, Inc - acceptance of technology to improve healthcare is increasing

Allscripts is benefiting from the secular growth of information technology in the healthcare industry. Our analyst Gregory Aurand, CFA believes the growth outlook is favorable, despite financial barriers, as acceptance of technology to improve healthcare is increasing and the Allscripts market is only about one-quarter penetrated.

Full Analysis

Allscripts Healthcare Solutions, Inc. (MDRX) is a leading provider of clinical software and information solutions for physicians. The company has three business segments: Prepackaged Medications, Software & Related Services (SRS), and Information Services.

The positive thesis for Allscripts Healthcare is based on the success of its fast-growing SRS business segment. Sales in its SRS segment grew 42.7% in 2003, 55.9% in 2004 and 48% in 2005. Driving this growth is the company's TouchWorks division, which is being helped by government support and legislation encouraging the adoption of electronic health records by physicians.

According to Zacks Equity Research Analyst Gregory Aurand, CFA, the political environment continues to improve. The federally-sponsored Certification Commission for Healthcare Information Technology (CCHIT) has approved both TouchWorks and A4's HealthMatics electronic health records. The two products become two of twenty certified EHR products by the commission in 2006. The commission certification provides a consistent benchmark for EHR products and become a strong marketing tool.

Overall, Aurand believes the growth outlook is favorable, despite financial barriers, as acceptance of technology to improve healthcare is increasing and the Allscripts market is only about one-quarter penetrated. The company believes the large physician practice groups (25 or more physicians) are about 30% penetrated, while medium size groups (10-25) are about 15% penetrated, and small groups (less than 10) are only 3-5% penetrated.

The company signed a 10-year partnership, renegotiated early in 2006, in 2001 with IDX Systems, a dominant market player, to integrate Touchworks with IDX s practice management systems. IDX granted Allscripts the exclusive right to market, sell, license, and distribute ambulatory point-of-care and clinical application products to IDX customers and their affiliates. The renegotiation, prompted by GE acquiring IDX, frees GE/IDX to offer its own practice management and EHR offerings without restriction.

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Thursday, January 04, 2007

(SVU) - SUPERVALU INC - company has a price-to-book ratio of 1.9, compared to 4.8 for the market

SUPERVALU INC. (SVU), a Zacks #1 Rank stock, exceeded analysts’ earnings expectations in five out of the past six quarters by an average margin of 12.6%. The company recently raised its fiscal 2007 earnings per share guidance. SVU has a price-to-book ratio of 1.9, compared to 4.8 for the market. The company is currently yielding 1.9%.

Full Analysis

SUPERVALU INC. operates as a grocery retailer in the United States, with approximately 2,500 retail grocery locations. Through its nationwide supply chain network, SVU provides distribution and related logistics support services to more than 5,000 grocery retail endpoints across the country.

SVU topped the Street’s earnings estimate in five out of the past six quarters by an average margin of 12.6%. In four out of the five quarters, the company surprised by a double-digit percentage.

On Oct 10, SVU posted second-quarter fiscal 2007 earnings per share of 61 cents. With analysts expecting 52 cents, the company surprised to the upside by 17.3%. Compared to earnings of 54 cents in the prior-year period, the result marked a 13.0% year-over-year improvement. Revenues more than doubled to $10.67 billion, up from $4.56 billion a year ago.

SVU upped its fiscal 2007 earnings per share guidance in mid December. The company now projects earnings between $2.32 and $2.43 per share, compared to its previous outlook which called for profits between $2.18 and $2.41 per share.

On Oct 12, the Board of Directors declared a regular quarterly cash dividend of 16.5 cents per share. SVU has a current dividend yield of 1.9%.

Analysts have been growing increasingly optimistic about the company’s future earnings potential. Consensus estimates for this year currently sit at $2.35. This represents a six-cent jump over the past 30 days. Profit forecasts for next year have also risen by six cents to $2.66 over the same period of time. Earnings per share are projected to grow 10% over the next 3-5 years.

The company announced its “Premium Fresh & Healthy” initiative in mid November, a $1 billion customized remodeling and new store program designed to enhance its customers' shopping experience. Executive Vice President, Merchandising & Marketing Duncan Mac Naughton stated, “Our extensive research tells us that grocery retailing today should provide consumers with products that allow them to 'turn the dining room lights back on.' This program seeks to deliver compelling, timely and localized offers at the right price through combined scale, customer insight and market knowledge.”

SVU is currently trading at a valuation of 15.2x both trailing 12-month earnings and current fiscal-year estimated earnings. The market, as represented by the S&P 500, is trading at a valuation of 17.4x trailing 12-month earnings and at 16.7x its current fiscal-year estimated earnings. The company has a price-to-book ratio of 1.9, compared to 4.8 for the market.

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(POT) - Potash Corporation of Saskatchewan, Inc - estimates for this year and next have jumped over the past 60 days

Potash Corporation of Saskatchewan, Inc. (POT), which was first presented as a Growth and Income pick on Oct 24, is up 25%. Third-quarter earnings were the highest for any third quarter in the company’s history. POT raised its full-year profit forecast in late October. Consensus estimates have been on the rise. The company has a current dividend yield of 0.42%.

Full Analysis

Potash Corporation of Saskatchewan, Inc. is the largest fertilizer enterprise, by capacity, producing the three primary plant nutrients: potash, phosphate and nitrogen. Living up to its name, POT is the world’s largest potash company, with 22% of the world’s overall capacity along with 75% of the world’s unused capacity. Furthermore, it is the world’s third-largest phosphate producer and fourth-largest nitrogen producer. The company’s products are used by fertilizer, feed and industrial customers on six continents.

Since POT was first presented as a Growth and Income pick on Oct 23, the stock is up an impressive 25%. With consensus earnings estimates trending higher, the company can still proudly call itself a Zacks #1 Rank stock.

On Oct 25, POT reported third-quarter profits of $145.2 million, or $1.37 per share. The result matched the consensus estimate; however, it soared past earnings of $1.17 in the prior-year period by 17.1%. It was a record for any third quarter in the company's history. Revenues climbed to $953.5 million from $938.0 million in the third quarter of 2005. POT is scheduled to release its fourth-quarter numbers on Jan 25.

In addition to posting solid results for the third quarter, POT raised its earnings forecast for the full year. The company now expects net income to be between $5.70 and $6.00 per share. The outlook was based on the exchange rate of CDN$1.12 for every $1.00. Fourth-quarter profits are projected to come in between $1.50 and $1.75 per share. Looking ahead, President and CEO Bill Doyle stated, "Our ability to use our excess capacity to produce more potash to fill rising demand and capture higher prices on these increased volumes will allow us to do even more to maximize the value of our company for shareholders."

Consensus estimates for this year and next have jumped over the past 60 days. Profit forecasts for this year experienced a 17-cent increase to $5.44, while estimates for next year rose to $7.24 from $6.53. Earnings per share are projected to grow 10% over the next 3-5 years. The industry is expected to grow at a 9% clip.

On Nov 16, the Board of Directors declared a quarterly cash dividend of 15 cents per share. The dividend is payable on Feb12 to shareholders of record as of Jan 22. POT has a current dividend yield of 0.42%.

The company’s return on equity trumps that of the industry average—24% compared to 10%.

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(OIIM) - O2Micro International Ltd - reported a record third-quarter posting an earnings surprise of 120%

Earnings estimates are moving in the right direction. 2006's loss estimate has been halved over the past 90 days to negative four cents per share, while 2007's numbers have increased 20% to 18 cents per share over the past month. OIIM's average broker rating has been steady at 2.43.

Full Analysis

O2Micro International Limited (OIIM) engages in the design, development, and marketing of integrated circuits for power management and security applications to customers in consumer electronics, computer, industrial, and communications markets. Its integrated circuit products use analog, digital, or mixed-signal designs that combine analog and digital circuits on a single chip.

The company’s products include CCFL inverters, which convert direct current power to alternating current power required for backlighting of LCD screens; CardBus controllers, which provide a high speed connection between PC cards and the central processing unit of a computer; SmartCardBus controllers that combine a Smart Card Reader and a CardBus controller in one integrated circuit; and E-Guardian, which provide PC users to transact secure e-commerce transactions on the Internet.

OIIM reported a record third-quarter in which it posted an earnings surprise of 120%. The company came in with earnings of a penny per share, six cents ahead of the nickel per share loss estimate. Third quarter revenue of $31.5 million was an increase of 12% from the preceding quarter and comparable quarter of the prior year.

"O2Micro continues it's on going effort to increase shareholder value through the introduction of exciting innovative technologies and increasing the company's patent portfolio," said Sterling Du, Chairman and CEO of O2Micro."

Mr. Du added, "We continue to build our base for future growth and long term profitability with our investment in O2Micro's Integrated Circuit (IC) test facility in China, close to customers and suppliers. In addition, we have continued the stock repurchase program. Since Q2, we have repurchased 1,157,049 ADSs on the open market.''

The company continues to invest in its future as third-quarter R&D expenditures were $7.8 million, an increase of 18% from the comparable quarter of the prior year. Smaller companies must devote a substantial percentage of revenues to research, and OIIM is certainly doing so.

Earnings estimates are moving in the right direction. 2006's loss estimate has been halved over the past 90 days to negative four cents per share, while 2007's numbers have increased 20% to 18 cents per share over the past month. OIIM's average broker rating has been steady at 2.43.

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Wednesday, January 03, 2007

(MSFT) - Microsoft - (ORCL) - Oracle - (TWX) - Time Warner - Dr. Melvin Pasternak, StreetAuthority Swing Trader newsletter

Dr. Melvin Pasternak, editor of the StreetAuthority Swing Trader newsletter, offers his technical analysis of the S&P 500. Read this featured expert's commentary and learn about the different economic indicators referenced by Dr. Pasternak. Afterward, take a look at some of the doctor's stock profiles.

The Primary Trend from December 18

Yet another stair has been added to the "stair step" advance of the S&P 500.

On December 7th, the S&P hit a high of 1418.27 and then quickly backed off round-number resistance just shy of 1420. Over the next four trading days, the index retreated each time it tested that level.

Last Thursday, however, corporate-friendly news gave the index the momentum needed to overcome the 1420 barrier. On Friday, the S&P ratcheted up to the next 10-point stair, hitting an intraday high of 1431.63 before retreating.

Blowout earnings this past week from investment bankers Goldman Sachs (GS), Bear Stearns (BSC) and Lehman Brothers (LEH) helped set a bullish tone, which was reinforced by another batch of positive economic data.

At its Tuesday meeting, the Fed reaffirmed that "readings on core inflation have been elevated" and warned that high levels of resource utilization have "the potential to sustain inflation pressures." On Friday, however, the latest inflation numbers proved benign, as the closely-watched Consumer Price Index (CPI) came in flat for November.

At the same time, industrial production staged a modest recovery, ticking up 0.2% for the month. Those figures, coupled with a better than expected read on retail sales, suggested that the Fed's goal of steering the economy into a "soft landing" remains on track.

For the week, the S&P gained a bit more than 15 points, closing just 4 points off its highs. While the rally was modest, it was enough to keep the index above the key Intermediate trendline drawn from the July low. That trendline currently intersects the chart at approximately 1398.

The S&P continues to trade above all key moving averages. Most of these are sloping moderately higher, but the 10-week at 1389 is slanting sharply upward, reflecting the powerful Intermediate-term advance that is now close to six months old.

Current resistance is at 1441, the level of the upper Bollinger band. This band has provided resistance throughout the uptrend, with the S&P escaping its confines only in September and October -- and even then briefly. The band is rising in conjunction with the 20-week moving average around which it is calculated. Over time, that means resistance will climb progressively higher.

The Major bull market trendline drawn from the July 2004 low now crosses the chart near 1266, so a near-term test is almost inconceivable. The weekly indicators have been overbought since August, but the S&P has still advanced more than 120 points since that time.

ADX and MACD remain on strong buy signals. RSI, after giving a weak sell signal, has climbed back above the key 70 level to finish the week at 74. After hugging the key 100 level the past several weeks, CCI has now bounced higher, closing at +122.

Stochastics has been highly overbought for nearly five months and remains so now, with %K at 93 and %D also at 93. Both components of this indicator would have to slip below 80 to generate a sell signal. That is certainly improbable before the beginning of 2007.

Short-term Trading Ideas include�
Long Candidates:

Microsoft (MSFT): Dr. Pasternak highlighted Microsoft in the November 13th newsletter at $29.24. On Thursday, the shares finally traded through the $30 level for the first time since 2002! MSFT has also created a base of $6, which projects a target in the low $30's

Oracle (ORCL): After gapping nearly $2 higher when the company reported quarterly earnings, ORCL has since consolidated between the low-$17 and high-$19 range.

Time Warner (TWX): Dr. Pasternak flagged TWX in the November 20th newsletter at $20.43. The stock has recently begun to trend higher after a prolonged trading range, and has bulled its way through $20 for the first time since 2004. Thus far, the shares have held that support.

This article highlights the commentary of Dr. Melvin Pasternak for the Zacks.com audience. Dr. Melvin Pasternak provides insightful analysis, market commentary, and favorite recommendations on a timely basis in "StreetAuthority Swing Trader" newsletter. Try it free for 30 days and see if you can improve your investment performance. Learn more about "StreetAuthority Swing Trader" and 30-Day Free Trial. And get immediate access to current issues and special reports. Click here now.

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(SPWR) - SunPower - (FSLR) - First Solar - Gregory Spear, Spear's Security Industry Analyst newsletter

Gregory Spear, editor of the Spear's Security Industry Analyst newsletter, believes that Iraq is on the brink of chaos and that a spreading insurgency is likely to lead to oil industry sabotage. Take a look at this featured expert�s profiles of two alternative energy companies, who are leaders in the crystalline and thin-film solar industries.

Executive Summary from December 22

The Iraq Study Group Report takes a critical view of the situation in the Middle East, advocating for aggressive diplomacy, accelerated training of the Iraqi military and a gradual redeployment of troops out of harms way. Gregory Spear and his team doubt the recommendations will be followed. Rather, a temporary surge in troop strength in Baghdad is likely. Based on administration ideology, Spear and his team expect U.S. bases to be reinforced and troops consolidated there, digging in for a protracted presence.

Heightened tensions in the area are virtually inevitable in 2007, and civil war in Iraq and the region is a definite possibility. Indeed, Spear and his team believe the entire region is on the brink of chaos. A spreading insurgency is likely to lead to oil industry sabotage. One way to play it is with alternative energy names. Spear and his team profile SunPower (SPWR) and First Solar (FSLR), two leaders in the crystalline and thin-film solar industries, respectively.

SunPower (SPWR) is a crystalline solar cell manufacturer based in Silicon Valley that is raising the roof on the solar business. The company is headed by Richard Swanson, who received the 2006 Becquerel Prize for his outstanding contributions to the development of high-efficiency solar cells. Dr. Swanson is one of only two solar scientists to win both the Becquerel Prize and the William R. Cherry Award, which he received in 2002 from the IEEE for outstanding contributions to the photovoltaic field. In Spear and his team�s view, SPWR has the smartest and most aggressive team of scientists and managers in the field today. Spear and his team expect the company to be able to maintain its leadership position and drive technological advancement year after year.

In terms of management, SPWR is a company growing production 100% a year and is likely to be able to sustain that growth rate for many years to come. Over the past year, SunPower increased its share of the California residential solar retrofit market by a factor of seven. Currently, it accounts for just 14% of the solar panels installed in that state, but Spear and his team expect the company to continue to take market share. Why? Its solar panels are twice as efficient as the competition, operating at an incredible 20%-22% efficiency, and therefore require half the roof space of other models. The all-black appearance is also esthetically pleasing, so retrofits are easy on the eye.

SPWR has a large, highly efficient factory in the Philippines, adequate supply agreements for polysilicon from three manufacturers, and is working on developing its own ingot forming capabilities, which will vertically integrate the company to some degree. SunPower tripled solar cell manufacturing capacity in 2006 and expects to more than double that capacity by the end of next year�and then again the year after that. For the third quarter ended September 30, revenue was $65 million, up 19% sequentially and up 198% from the third quarter 2005.

Technically, the stock has formed a large "cup and handle" pattern, which is a bullish configuration.

First Solar (FSLR) came public less than a month ago and it is always risky to buy into newly public companies. To lower one�s risk, it makes the most sense to buy companies that have the potential to be a disruptive innovator in their industry and also sport a current competitive advantage. In the solar cell field there are two main types of products, standard crystalline cells made from silicon, and thin-film technologies that use alternative amorphous compounds. FLSR is in the latter category. The company is aptly named, as they are the first solar company to market with an affordable, massively scalable thin film product. There is competition on the way from outfits like Nanosolar. But for now, FSLR is in the catbird�s seat.

The company's solar modules are built from a thin layer of cadmium telluride (CdTe) laid on to a 2� x 4� sheet of glass, producing a complete solar module in less than three hours. Not only is the patented process fast, but it uses only about 1% of the expensive semiconductor material required to produce crystalline silicon solar modules. Given the shortage of solar cell silicon, over which Spear and his team have seen bidding wars all year, this technology gives FLSR a momentous business advantage. The cadmium is recycled from zinc smelting waste, another plus and the modules themselves can be recycled.

Another thing you should know about FSLR is that the individual homeowner is not its target customer. Instead, the company�s grid-connected products are primarily addressing the burgeoning demand from utilities, solar plant operators and system integrators worldwide. A $5 million loan in 2004 from the State of Ohio enabled the company to quadruple production in just one year. The company is expected to produce 40 MW this year, over 75MW next year and already has supply contracts for 1250 MW from now until 2012. In other words, this company has a six-year backlog and can sell product absolutely as fast as it can make it. The growth rate in production is comparable to that of SunPower, which has 50MW online in 2006 and 108MW expected for 2007. The valuations of the two companies on a per MW basis are also comparable.

This article highlights the commentary of Gregory R. Spear for the Zacks.com audience. Gregory R. Spear provides insightful analysis, market commentary, and favorite recommendations on a timely basis in "Spear`s Security Industry Analyst" newsletter. Try it free for 30 days and see if you can improve your investment performance. Learn more about "Spear`s Security Industry Analyst" and 30-Day Free Trial. And get immediate access to current issues and special reports. Click here now.

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(CPO) - (ECLP) - (MICC) - (PRFT) -(PSYS) - Donald Rowe, Wall Street Digest newsletter

Donald Rowe, editor of the Wall Street Digest newsletter, explains that the stock market is undervalued by 32 percent and that the falling dollar will be a continuing problem in the coming months and years. Find out what this featured expert has to say about global/international investments and take a look at some of his stock recommendations.

Commentary from December 26

Forecasts for above-average temperatures this winter led to a decline in the energy sector, despite an early session rise in oil prices when Iran vowed to defy U.N. sanctions on its nuclear research plans.

The Fed is creating money, while talking tough on inflation. The stock market is undervalued by 32 percent. Add more liquidity to the banking system and stocks should move much higher in 2007. However, the falling dollar will be a continuing problem in the coming months and years.

You should be fully invested. Donald Rowe and his team will continue to recommend additional global/international investments that will benefit from a falling dollar. At least 30 to 50 percent of your portfolio should be invested in global/international investments.

New Recommendations include:

Corn Products International, Inc. (CPO), headquartered in Bedford Park, Illinois, is one of the world's leading corn refiners. Dating back almost a century, Corn Products International is a leading supplier of products from the corn refining process -- sweeteners and starches.

Eclipsys Corporation (ECLP) is a healthcare information technology company delivering solutions that enable healthcare providers to achieve improved clinical, financial and administrative outcomes. Eclipsys offers an integrated suite of healthcare products in five critical areas -- clinical management, access management, patient financial management, strategic decision support and integration. Eclipsys' products have been designed to deliver a measurable impact on outcomes, enabling Eclipsys' customers to quantify clinical benefits and return on investment.

Millicom International Cellular (MICC) is a leading international operator of cellular telephony services, primarily in emerging markets where the basic telephone service is often inadequate and where economic development and change are creating new demand for communication services. MIC has sought to establish an early presence in markets with little or no cellular service by applying for cellular licenses, primarily through joint ventures with prominent local business partners.

Perficient, Inc. (PRFT) helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems.

Psychiatric Solutions, Inc. (PSYS) offers an extensive continuum of behavioral health programs to critically ill children, adolescents and adults through its ownership and operation of freestanding psychiatric inpatient hospitals and its management of psychiatric units within general acute care hospitals owned by others.

This article highlights the commentary of Donald H. Rowe for the Zacks.com audience. Donald H. Rowe provides insightful analysis, market commentary, and favorite recommendations on a timely basis in "The Wall Street Digest" newsletter. Try it free for 30 days and see if you can improve your investment performance. Learn more about "The Wall Street Digest" and 30-Day Free Trial. And get immediate access to current issues and special reports. Click here now.

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