Zacks Bull and Bear of the Day Highlights: Cerner, China Life Insurance, Sara Lee, Kraft Foods and Tyson Foods

Zacks Bull and Bear of the Day Highlights: Cerner, China Life Insurance, Sara
                       Lee, Kraft Foods and Tyson Foods

PR Newswire

CHICAGO, May 2, 2012

CHICAGO, May 2, 2012 /PRNewswire/ --Zacks Equity Research highlights Cerner
Corporation (Nasdaq: CERN) as the Bull of the Day and China Life Insurance
Co., Ltd. (NYSE: LFC) as the Bear of the Day. In addition, Zacks Equity
Research provides analysis on Sara Lee Corp. (NYSE: SLE),Kraft Foods Inc.
(NYSE: KFT) and Tyson Foods Inc. (NYSE: TSN).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Full analysis of all these stocks is available at
http://at.zacks.com/?id=2678.

Here is a synopsis of all five stocks:

Bull of the Day:

We reiterate our Outperform rating for Cerner Corporation (Nasdaq: CERN). Its
first quarter earnings of $0.51 a share beat the Zacks Consensus Estimate.
Cerner remains the trend setter among pure-play, publicly-traded healthcare IT
(HCIT) vendors.

We believe Cerner is one of the better placed clinical technology vendors to
benefit from high HCIT spending over the next few years. The company is
diversified not only on a global basis but serves both hospitals and
ambulatory outfits. Its integrated solutions have captured market share.

Long-term investors may consider Cerner, which serves a sizeable installed
hospital base that requires composite clinically-focused applications
complying with meaningful use requirements, reimbursement problems and complex
coding challenges.

Bear of the Day:

We are downgrading our recommendation on China Life Insurance Co., Ltd. (NYSE:
LFC) to Underperform from Neutral due to the lack of any significant growth
catalyst amid the prevailing interest rate, market and currency risks. China
Life's full year 2011 earnings declined steeply from the prior year, due to
low premium income and increased impairment losses.

Operating cash flow also declined substantially due to increased claim
expenses and adverse changes in the fair values of securities. Despite a
strong brand name, significant competition on the domestic front limits
earnings growth.

Our six-month target price of $36.00 equates to 25.9x our earnings estimate
for 2012. Combined with the $0.81 per ADR annual dividend, this target price
implies an expected total return of a negative 8.7% over that period. This is
consistent with our Underperform recommendation on the ADRs.

Latest Posts on the Zacks Analyst Blog:

Earnings Preview: Sara Lee

Sara Lee Corp. (NYSE: SLE), one of the world's leaders in manufacturing and
marketing of a range of branded packaged meat, bakery and beverage products,
is scheduled to report its third quarter 2012 financial results on Thursday,
May 3, 2012, before the market opens.

The current Zacks Consensus Estimate for the quarter is pegged at 25 cents a
share. The Zacks Consensus Estimate projects revenues to be $1,944 million for
the quarter.

Second Quarter 2012 Recap

Sara Lee, which faces stiff competition from Kraft Foods Inc. (NYSE: KFT) and
Tyson Foods Inc. (NYSE: TSN), posted earnings of 27 cents per share that
climbed 28.6% from 21 cents in the year-ago period. Earnings also exceeded the
Zacks Consensus Estimate of 25 cents by 8%.

Net sales for the quarter climbed 5.8% to $2,044 million compared with $1,932
million in the prior-year period. Revenues lagged the Zacks Consensus Estimate
of $2,153 million.

(Read our full coverage on this earnings report: Mixed 2Q for Sara Lee).

Agreement of Estimate Revisions

Over the past 30 days, one of the ten analysts covering Sara Lee has revised
estimate upwards for the current quarter. For fiscal 2012, two out of the ten
analysts have revised their estimates, of which one increased and the other
decreased.

Sara Lee is on track to split the company into two publicly traded firms: an
international coffee and tea business and a North American retail, foodservice
and specialty meats business. The spin-off, which is expected to be completed
by June this year, is part of Sara Lee's plan to trim its portfolio in order
to provide the best foundation for a strong and focused business.

Magnitude of Estimate Revisions

Over the past 30 days, the Zacks Consensus Estimate has increased from 24
cents to 25 cents per share for the current quarter. For fiscal 2012, the
estimate increased by a penny to 93 cents over the same period.

The overall positive revisions by analysts indicate faith in the pending
spin-off, which will allow the company to focus on its most profitable food
and beverage businesses.

Earnings Surprise History

With respect to earnings surprises, Sara Lee has topped the Zacks Consensus
Estimate in two of the preceding four quarters. Over the last four quarters,
its earnings surprise ranged from a negative 4.00% to a positive 8.00%, with
the average earnings surprise being a positive 3.29%.

Recommendation

We are encouraged by Sara Lee's focus on leveraging its consumer brands to
generate sales growth. The company intends to bring in changes in the
organizational structure and product portfolio, thereby improving operational
efficiency.

However, commodity-price inflation and stiff competition in the branded food
industry leave us concerned.

Get the full analysis of all these stocks by going to
http://at.zacks.com/?id=2649.

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are
likely to outperform (Bull) or underperform (Bear) the markets over the next
3-6 months.

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