Zacks.com Announces That Dan Sullivan Highlights the Following Stocks: Caesar's Entertainment, Chico's FAS, Inc., KB Home, Transocean, Inc., and Cognizant Technology Solutions
Highlights from the June 2nd Featured Expert column by Dan Sullivan include:
Selected Write-ups on Recent Recommendations
Caesar's Entertainment (NYSE:CZR) gained $70 million with the completed sale of its interest in the company that owns and operates two Nova Scotia gaming properties: Casino Nova Scotia Halifax and Casino Nova Scotia Sydney. Great Canada Gaming Corp. of Richmond, British Columbia, assumes Caesar's 95% ownership interest in Metropolitan Entertainment Group.
Chico's FAS, Inc. (NYSE:CHS): Specialty women's clothing retailer Chico's announced that its fiscal first-quarter profit was up 32% and predicted strong May sales as well. The company earned $47.2 million, or 26 cents per share, up from $35.7 million, or 20 cents per share in the prior year period. Revenue grew 27% to $327.3 million from $256.8 million and same-store sales at company-owned locations open at least a year rose 10.8%.
Other Stocks on the Relative Strength Ratings portfolio include:
KB Home (NYSE:KBH) is a builder of single-family homes with domestic operations in several western states, and international operations in France.
Transocean, Inc. (NYSE:RIG) provides offshore contract drilling services for oil and gas exploration, development and production. The company also provides additional services, including international turnkey drilling and management of third-party well service activities.
Cognizant Technology Solutions (NASDAQ:CTSH) delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business.
Read Dan Sullivan's market commentary regarding his advice and discover more stock recommendations by clicking: http://at.zacks.com/?id=85
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