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Zacks Bull and Bear of the Day Highlights: Flowers Foods, Altera, Visa, JPMorgan Chase and Vantiv

CHICAGO, March 5, 2013 /PRNewswire/ -- Zacks Equity Research highlights Flowers Foods (NYSE: FLO) as the Bull of the Day and Altera Corporation (Nasdaq: ALTR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Visa Inc. (NYSE: V), JPMorgan Chase & Co. (NYSE: JPM) and Vantiv Inc. (NYSE: VNTV).

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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:

Flowers Foods (NYSE: FLO) stock yields 12%, yet most US investors don't know the company exists. 

 

Headquartered in Thomasville, GA, Flowers Foods is a leading producer and marketer of packaged bakery foods in the country. Founded in 1919, the company has grown tremendously through acquisitions and organic growth to become nation's second largest baking company.

 

The company now operates44 bakeries that produce breads, buns, rolls, snack cakes, and pastries, which are distributed fresh to foodservice and retail customers in the Southeastern, Southwestern, mid-Atlantic states and frozen to national foodservice and retail customers.

 Bear of the Day:

Altera Corporation (Nasdaq: ALTR) designs, manufactures, and markets a broad range of high-performance, high-density Programmable Logic Devices (PLDs) and associated development tools.

 

Headquartered in San Jose, California, Altera combines the programmable logic technology (originally invented in 1983) with software tools and intellectual property to provide high-value programmable solutions to over 13,000 customers through direct sales force and distributors.

 

The company has been publicly traded since 1988 and employs approximately 2,600 employees worldwide.

Altera's customers are large multi-national corporations as well as small companies in communications, computer and storage, industrial, and consumer market segments.

 

The company reported its fourth quarter results on January 23, 2013. The sales for the quarter were 439.4 million, down 11% from the previous quarter and down 4% from the prior-year quarter.

 Latest Posts on the Zacks Analyst Blog:

Visa Partners JPMorgan

 

Recently, Visa Inc. (NYSE: V) announced a strategic partnership with JPMorgan Chase & Co. (NYSE: JPM) for a period of ten years. The partnership is renewable and aims at promoting electronic mode of payments thereby supporting merchants to provide convenient shopping experience for cardholders.

 

As per the agreement, JPMorgan Chase will initiate a Visa enabled payment service, named Chase Merchant Services for distinguished payment options for traders and cardholders. The new service will be an amalgamation of JPMorgan's widespread card portfolio and VisaNet, the extensive network of Visa.

 

Only those merchants who enroll in the Chase Merchant Services will be able to receive the service offered by the Visa cards issued by JPMorgan Chase. This service is expected to commence by the end of 2013.

 

The deal will also accentuate Visa's financials by bolstering the number of transactions on its network as JPMorgan will shift the additional credit and debit card volume to the former.

 

Visa, through this collaboration aims to augment its present endeavor of providing customized and value-added solutions to its clients. On the other hand, JPMorgan aspires to build direct relationships with merchants so as to offer superior deals like targeted offers and discounts to the Chase-issued Visa cardholders.

 

We expect the deal to enable both the companies to improve their clientele base and thereby enhance their sales structure.

 

In order to expand its operations, the company engages in a number of select mergers and acquisitions. Last week, Visa inked a deal with global electronic device leader Samsung Electronics Co. Ltd. to expand its mobile commerce (mCommerce) initiatives. The parties will jointly support mobile payments by functioning on near field communication (NFC) technology.

 

Recently, another payment processor, Vantiv Inc. (NYSE: VNTV) also announced that it has joined hands with Dittman Incentive Marketing, a company focused on providing marketing solutions to others to improve their sales figures. The partnership is aimed at improving the functionality of Vantiv's prepaid processing platform and expansion of its sales channel.

 

Visa carries Zacks Rank #2 (Buy).

 

 

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

 

Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.

 

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 analyst 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.

 

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About Zacks

 

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SOURCE Zacks Investment Research, Inc.



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