Zacks Bull and Bear of the Day Highlights: Triumph Group, Walter Energy, International Game Technology, Apple and Google

   Zacks Bull and Bear of the Day Highlights: Triumph Group, Walter Energy,
               International Game Technology, Apple and Google

PR Newswire

CHICAGO, Nov. 29, 2012

CHICAGO, Nov. 29, 2012 /PRNewswire/ -- Zacks Equity Research highlights
Triumph Group, Inc. (NYSE:TGI) as the Bull of the Day and Walter Energy Inc.
(NYSE:WLT) as the Bear of the Day. In addition, Zacks Equity Research provides
analysis on International Game Technology (NYSE:IGT), Apple (Nasdaq:AAPL) and
Google (Nasdaq:GOOG).


Full analysis of all these stocks is available at

Here is a synopsis of all five stocks:

Bull of the Day:

We are upgrading our recommendation on Triumph Group, Inc. (NYSE:TGI) from
Neutral to Outperform based on the huge organic growth the company has
experienced on the back of high demand in the industry. Also, efforts of
lowering costs, increasing margins and a strong balance sheet bode well for
the stock.

The company's concerted efforts in achieving these positives would in turn
increase shareholders value which is considered to be an added perk. TGI
reported strong results in the second quarter 2013 with earnings of $1.57 per
share, an increase of 36.5% year over year. Also, there was a huge jump in
revenue of 18.7%, leading it to stand at $938 million.

Our long-term Outperform recommendation indicates that the company will beat
the broader U.S. equity market over the next six to twelve months. Our $79.00
target price, 13.2x 2013 EPS, reflects this view.

Bear of the Day:

Walter Energy Inc. (NYSE:WLT) posted lackluster results in the third quarter
with both top and bottom lines lagging the Zacks Consensus Estimates. The
global coal market downturn and softness in selling prices negatively impacted

The global economic stalemate is expected to linger, thereby dragging down the
company's sales and profit. Declining sales resulting in coal stockpiles would
prove unprofitable for the company in the short term. This, along with the
company's narrow capex outlook for 2013 is expected to shake investor

We remain bearish for the company stock in the long run. Our $26.00 target
price is based on 2.4x trailing 12-month cash flow per share. 

Latest Posts on the Zacks Analyst Blog:

IGT's Cleopatra on Mobile

International Game Technology's (NYSE:IGT) popular slot game 'Cleopatra' is
being made available on mobile devices by DoubleDown Interactive. The
mobile-based Cleopatra is compatible with Apple's (Nasdaq:AAPL) iOS devices as
well as with Google's (Nasdaq:GOOG) Android based devices, enabling the game
to reach out to a large number of gamers.

This is DoubleDown Casino's second game in the mobile format, after Da Vinci
Diamonds. IGT's DoubleDown Casino has been offering online versions of IGT's
traditional casino-style games. Now, the company's expansion into the mobile
gaming segment has diversified its revenue base. IGT is expected to release
mobile editions of its popular titles such as ELVIS A Little More Action,
Kitty Glitter and Wolf Run.

In the last reported quarter, IGT's top line had expanded 17% year over year,
aided by strong performance from the interactive business and higher product
sales. Interactive revenue was $53.9 million compared with $13.4 million in
the year-ago quarter. Social gaming revenue was $35.8 million while IGTi
revenue was $18.1 million in the reported quarter.

We believe that IGT's diversification in the mobile segment is a long-term
positive strategy. According to market research firm BI Intelligence, the U.S.
social gaming market (including mobile games) is expected to more than double
from approximately $2.0 billion in 2011 to approximately $5.5 billion by 2015.

Though IGT is a comparatively new entrant in the online social and mobile
gaming market, we believe that DoubleDown's strong product portfolio and
customer base will provide it a competitive edge over other established

We believe that IGT will be benefited by new contract wins along with an
improving domestic gaming environment, international expansion opportunities,
an impressive product portfolio, reduced dependence on the domestic machine
replacement cycle and strong growth from the interactive business going

Additionally, the company is keeping pace with technology demands and has made
headway with its IGT Cloud offering. We expect the IGT Cloud services to gain
traction in the casino gaming industry, as it is expected to be well received
by new casino properties, thereby improving the company's top line.

Get the full analysis of all these stocks by going to

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are
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3-6 months.

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