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Zacks Bull and Bear of the Day Highlights: Meritage Homes, NASDAQ OMX Group, Dean Foods, WhiteWave Foods and JPMorgan Chase



 Zacks Bull and Bear of the Day Highlights: Meritage Homes, NASDAQ OMX Group,
                Dean Foods, WhiteWave Foods and JPMorgan Chase

PR Newswire

CHICAGO, May 29, 2013

CHICAGO, May 29, 2013 /PRNewswire/ -- Zacks Equity Research highlights
Meritage Homes (NYSE:MTH) as the Bull of the Day and NASDAQ OMX Group
(Nasdaq:NDAQ) as the Bear of the Day. In addition, Zacks Equity Research
provides analysis on Dean Foods Company (NYSE:DF), WhiteWave Foods Co.
(NYSE:WWAV) and JPMorgan Chase & Company (NYSE:JPM).

(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:

One of the biggest stories so far in 2013 is the continued surge of the
housing market. Prices, construction, and sales of homes are all doing quite
well, suggesting to many that this important corner of the economy is back on
track.

This is confirmed by recent Case-Shiller Home Price Index data for April,
which further suggested bullishness in the housing market. Non-seasonally
adjusted data for the 20 city index showed a 10.9% increase in home prices,
compared to a prior reading of 9.3%, and a consensus forecast of 10.2%.

Additionally, the double digit increase is the first since before the bubble
burst (the last was in May 2006), while the 1.1% monthly increase was the
first such four month streak since 2005, according to Bloomberg. Clearly,
housing still has plenty of room to run so investors may still have time to
make a play on homebuilders for solid gains this summer.

While there a number of companies that target homebuilders, one that has
probably flown under your radar is Meritage Homes (NYSE:MTH). This is a
relatively small company—market cap under $2 billion—which is engaged in the
designing and building of single-family homes. The main business of MTH is
largely in the Southwest, and West, though it also has some reach in the South
as well.

Given the company's focus on single family homes, it is a prime target to
benefit from the incredible run in the housing sector. Analysts have begun to
take note of this trend too, boosting their earnings expectations for the
company in the near term.

Bear of the Day:

The outlook for many financial companies is quite strong as we approach the
second half of the year. Firms have been especially strong in the consumer and
lending markets, though there is some weakness developing in one corner of the
sector, the securities exchanges industry.

This segment has seen a low level of growth, while competition is heating up
among the few major players left. The trend is starting to take its toll on a
few companies in the space, despite the overall bullishness for financials,
and especially so on the outlook for NASDAQ OMX Group (Nasdaq:NDAQ).

NASDAQ is a well known exchange that has specialized in listing high flying
technology companies. Among the companies listed on its flagship U.S. exchange
include Apple, Google, Microsoft, Intel and Facebook, just to name a few.

Clearly, NASDAQ has developed an impressive lineup of companies that trade on
its exchange, suggesting a pretty wide moat. However, some cracks have begun
to build in NASDAQ's solid story, as evidenced by recent earnings estimate
trends.

 Latest Posts on the Zacks Analyst Blog:

Dean Foods Completes WhiteWave Spin-Off

Dallas-based leading food and beverage company, Dean Foods Company (NYSE:DF)
recently announced the completion of its previously stated allocation of a
portion of its remaining stake in The WhiteWave Foods Co. (NYSE:WWAV) to its
shareholders.

Dean Foods distributed 47,686,000 Class A shares and 67,914,000 Class B shares
of WhiteWave on a pro rata basis on May 23 to shareholders of record as of May
17.  Consequently, the company now has a minority stake in WhiteWave.  Dean
Foods, which currently carries a Zacks Rank #3 (Hold), appointed JPMorgan
Chase & Company (NYSE:JPM) as the financial advisor for this transaction,
which had deemed it eligible as a tax-free distribution.

On the basis of Dean Foods' outstanding number of shares as of May 17, its
shareholders got 0.25544448 and 0.36380189 shares of WhiteWave's Class A and
Class B, respectively, for every share of the parent company held by them.

However, Dean Foods has not distributed the fractional shares of WhiteWave and
has decided to sell them in the open market. The net proceeds from this
transaction will later be distributed to shareholders of the company who were
eligible for WhiteWave fractional shares.

Dean Foods continues to retain the remaining 34,400,000 Class A shares or
approximately 19.9% stake in WhiteWave, which will likely be distributed
within the next 18 months in one or more tax-free transactions.

Formerly, WhiteWave was a wholly-owned subsidiary of Dean Foods. Last year,
however, the latter opted for an Initial Public Offering (IPO) to separate the
maker of Silk soy products and Horizon Organic dairy products. Following the
completion of the IPO, Dean Foods held 80% controlling interest in WhiteWave.

We believe that these strategic moves will boost the company's shareholder
value and present growth opportunities for both Dean Foods and WhiteWave.

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.

About the Analyst Blog

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Continuous analyst coverage is provided for a universe of 1,150 publicly
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