Zacks Analyst Blog Highlights: XTO Energy Inc., Aluminum Corporation of China, Ltd., Qualcomm, Inc., Nokia Corp. and Grupo Aeroportuario del Sureste, S.A. de C.V.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: XTO Energy Inc. (NYSE: XTO), Aluminum Corporation of China, Ltd. (NYSE: ACH), Qualcomm, Inc. (Nasdaq: QCOM), Nokia Corp. (NYSE: NOK) and Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE: ASR).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579

Here are highlights from Wednesday’s Analyst Blog:

XTO Energy's Explosive Potential

We reiterate our Buy recommendation for XTO Energy (NYSE: XTO) shares ahead of the company's quarterly results. While credit concerns and commodity-price weakness may weigh on near-term valuation, the company's long-term prospects remain positive, given its substantial growth potential.

Management is expected to use approximately $1 billion in free cash flow next year to pay down debt. XTO Energy is expected to maintain its strong production-growth momentum volumes are expected to rise 29% in 2008 and 22% in 2009.

Chalco Lowers Aluminum Capacity

Aluminum Corporation of China, Ltd. (NYSE: ACH), or Chalco, is the third-largest alumina producer in the world by output. The company expects to benefit from the long-term growth of the Chinese economy as well as through capacity expansion, acquisitions, and joint ventures.

Chalco is investing in its own mine production and is also diversifying its production base by expanding overseas. However, higher raw material and power costs forced the company to reduce its aluminum capacity by 1 million tons in 2008.

Qualcomm a Buy, Target Reduced

We maintain our Buy rating for Qualcomm Inc. (Nasdaq: QCOM), the largest developer of digital mobile chipsets based on CDMA technology, ahead of fourth quarter fiscal 2008 financial results (ending September 30). The company's fundamentals remain compelling as it has several industry-leading innovative products for a variety of wireless applications.

Qualcomm's legal settlement with Nokia (NYSE: NOK) for royalty related issues and a new 15-year licensing agreement significantly strengthens business planning. It is our view that demands for mobile broadband services and adoption of 3G cellular technologies will continue to grow throughout the world.

Aeroportuario del Sureste Downed

We are downgrading our shares of Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE: ASR) from Buy to Hold based on the unfavorable business environment around the world. However, we believe that the devaluation of the Mexican peso will help international growth in passenger traffic at the Cancun airport.

Moreover, the recent sell-off in the company's shares makes ASR's valuation attractive. Nevertheless, third quarter results were somewhat disappointing. Also, the recession in the U.S. based on the recent global financial crisis is a matter of great concern since Mexico and the U.S. have strong economic ties.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=2649.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=2677

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=4580.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.