Zacks Bull and Bear of the Day Highlights: Whirlpool, Rentech Nitrogen
Partners, General Electric, Crane and Macquarie Infrastructure
CHICAGO, April 2, 2013
CHICAGO, April 2, 2013 /PRNewswire/ --Zacks Equity Research highlights
Whirlpool (NYSE:WHR) as the Bull of the Day and Rentech Nitrogen Partners LP
(NYSE:RNF) as the Bear of the Day. In addition, Zacks Equity Research provides
analysis on General Electric (NYSE:GE), Crane Co. (NYSE:CR) and Macquarie
Infrastructure Company LLC (NYSE:MIC).
Full analysis of all these stocks is available at
Here is a synopsis of all five stocks:
Bull of the Day:
Two key factors are driving the U.S. economy in 2013; a strong housing market,
and a resilient consumer. Bullishness on these fronts is keeping investors
optimistic on the second quarter, even with stock s at fresh all-time highs.
Given this confidence, an investment in a company that plays off of trends in
both of these sectors could be a great idea. One such company is undoubtedly
Whirlpool (NYSE:WHR ), a top manufacturer and marketer of major home
The company tends to be a big beneficiary of a robust consumer—thanks to many
customers looking for an upgrade to items like refrigerators or
dishwashers—but also a big winner in housing booms as well. That is because
when someone is buying or selling a house, home appliances are usually pretty
high on their shopping list, a welcomed trend for investors in Whirlpool.
This has helped to boost shares in Whirlpool up double digits so far in 2013
and nearly 43% in the last six months alone. Both figures crush the S&P 500 in
the same time frames, suggesting that shares of WHR are definitely in bull
Given this, some might be thinking that WHR is poised to top out in the near
term. However, if you look at recent trends in the analyst estimate revision
space, it does imply that WHR could actually have plenty of room to run
Bear of the Day:
For much of the latter half of 2012, nitrogen-based fertilizer companies were
great investments. These firms often utilize natural gas as a key input for
their processes, so when prices of this potent fuel are slumping, it is great
news for their bottom lines.
However, the reverse is also true, and this has been the case so far in 2013
thanks to surging natural gas prices. In fact, prices for natural gas have
stormed higher by roughly 50% since August, collapsing the outlooks for many
companies that rely on natural gas as key inputs.
This situation is especially prevalent in one of the key names in the space,
Rentech Nitrogen Partners LP (NYSE:RNF). Prices of RNF shares moved higher by
about 50% from August to February, but have nose dived since then as the
higher price of natural gas has begun to finally take its toll.
Prices of Rentech have slumped by over 12% in the past one month alone,
largely driven by a weak earnings report and a tepid outlook for the coming
quarters. Analysts are beginning to take note as well, slashing their profit
forecasts for this now troubled stock.
Analysts have universally lowered their estimates in the past sixty days,
pushing the current quarter estimate down slightly and the current year
estimate down significantly. In fact, analysts now expect negative growth for
the next quarter and for the current year period as well, suggesting a rough
stretch for the company going forward as well.
Latest Posts on the Zacks Analyst Blog:
GE's Big Wind Turbine Now Operational
General Electric (NYSE:GE) recently announced that its new 2.5-120 wind
turbine, expected to be the world's most efficient high-output wind turbine,
has become operational at a test site in Wieringermeer, the Netherlands.
The new 2.5-120 wind turbine is best suited for dense forest places like
Europe and Canada with a tower, which has a maximum hub height of 139 meters.
The turbine's advanced controls and the 120-meter rotor enable the wind farm
operators to generate higher returns with greater power in low wind site areas
in a cost effective manner.
General Electric already has business ties with ECN – a Dutch research
institute for renewable energy, to validate its newest technologies. This new
2.5-120 wind turbine is expected to be tested and validated through fall 2013.
For efficient wind management, the new wind turbine analyzes tens of thousands
of data points every second, thus enabling the turbine to derive maximum
energy from variable winds. With the capability of inter-turbine communication
in the new 2.5-120, more turbines could be put into smaller spaces with
minimal loss of overall efficiency. The new turbine is expected to increase
efficiency by 25% and power output by 15% in comparison to other competitive
General Electric is one of the most diversified technology and financial
service corporations in the world, competing with industry bigs such as Crane
Co. (NYSE:CR) and Macquarie Infrastructure Company LLC (NYSE:MIC). Its
segments include Power & Water, Oil & Gas, Energy Management, Aviation,
Healthcare, Transportation, Home & Business Solutions, and GE Capital. GE's
Power & Water segment produces gas, steam and aero derivative turbines;
generators; combined cycle systems; and renewable energy solutions, as well as
provides water treatment services and equipment.
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
likely to outperform (Bull) or underperform (Bear) the markets over the next
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