Rhino, Energy Partners, O'Charley's, and Sonic
CHICAGO--(BUSINESS WIRE)--July 31, 2003--It's a good time to pick
up cheap stocks, and Tim Murray has just added one to his portfolio.
Use his market commentary and information on six stocks to bolster
your investments in this sideways market. Read about BUCA Inc
(NASDAQ:BUCA), Wal-Mart (NYSE:WMT), Blue Rhino (NASDAQ:RINO), Energy
Partners (NYSE:EPL), O'Charley's (NASDAQ:CHUX), and Sonic Innovators
(NASDAQ:SNCI). Click here for the full story exclusively on Zacks.com:
http://featuredexpert2bw.zacks.com/ Here are the highlights from the
Featured Expert column:
Update from July 29
The markets seem as if they are on autopilot and just going thru
the motions of trading. It would seem logical that the stocks that are
overextended could have a correction. Instead of worrying about that,
it is a good time to look at stocks that are cheap. That approach is
what led Tim Murray to his recent purchase of BUCA Inc (NASDAQ: BUCA),
and there are other things on the radar screen.
It seems to Tim and his team that the commentators have been quick
to dismiss the low level of consumer confidence. The comments that
things are better at Wal-Mart (NYSE:WMT) because their same-store
comp gains are near the high end of expectations are also missing the
boat. For Wal-Mart to only have same store gains of 4% when they are
sucking sales from so many smaller and less well run companies is just
not a significant gain. Weekly Portfolio Review
Blue Rhino (NASDAQ:RINO) is a leading provider of grill cylinder
exchange in the United States. The company partners retailers and
independent distributors to provide consumers a nationally branded
product as an alternative to traditional grill cylinder refill. While
there is no fresh news, the stock chart of RINO is starting to look
like it is finding a bottom. The fundamentals are good and the company
wants to get a lot bigger.
Energy Partners (NYSE:EPL) is an independent oil and natural gas
exploration and production company. The company's operations are
focused in the shallow to moderate depth waters of the central region
of the Gulf of Mexico Shelf. This is down with the overall weakness in
the oil patch group. It is still Tim's thinking that energy is in
short supply, despite the weak economy. The stock is still in a
long-term uptrend and he wants to stay with it.
O'Charley's (NASDAQ:CHUX) owns and operates restaurants that are
intended to appeal to traditional casual dining customers as well as
value-oriented customers by offering high quality food at moderate
prices with outstanding customer service. This is another position
that Tim wants to add to. It is at a good buy level
Sonic Innovators (NASDAQ:SNCI). The quarterly conference call for
this hearing aid company is ongoing as Tim writes and it has a very
positive tone. The Q2 report was above expectations and they are
looking for continued growth of both profits and sales for the rest of
Learn about all of the stocks in Tim Murray's portfolio, and don't
forget to read his market commentary on a daily basis by clicking:
About Zacks Featured Experts
To be a successful investor you need professional advice. Experts
who know what they're talking about and can help you achieve your
financial goals in good markets...and especially in bad ones will help
you improve your portfolio. That is why Zacks Investment Research has
assembled the best investment experts in the business to offer their
powerful advisory newsletters to you on all the major investment
topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.
Recommendations from Featured Experts Highlighted in FREE
The best way to tap into the powerful advice from these experts is
through our free weekly e-mail newsletter, "Profit from the Pros".
Each week we highlight several Featured Experts in this free e-mail
newsletter. Get your free subscription to "Profit from the Pros" at:
Zacks.com is a property of Zacks Investment Research, Inc., which
was formed in 1981 to compile, analyze, and distribute investment
research to both institutional and individual investors. The guiding
principle behind our work is the belief that investment experts, such
as brokerage analysts and investment newsletter writers, have superior
knowledge about how to invest successfully. Our goal is to unlock
their profitable insights for our customers. And there is no better
way to enjoy this investment success, than with a FREE subscription to
"Profit from the Pros" weekly e-mail newsletter. For your free
newsletter, visit http://www.freeprofitbw.zacks.com
Zacks Investment Research is under common control with affiliated
entities (including a broker-dealer and an investment adviser), which
may engage in transactions involving the foregoing securities for the
clients of such affiliates.
Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an offer
or solicitation to buy or sell any security.
Press spacebar to pause and continue. Press esc to stop.