December 15th, 2015

Zacks Bull and Bear of the Day Highlights: Crocs, Amylin Pharmaceuticals, Texas Instruments and Biogen Idec

Zacks Equity Research highlights Crocs, Inc. (Nasdaq: CROX) as the Bull of the Day and Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Texas Instruments (NYSE: TXN) and Biogen Idec, Inc. (Nasdaq: BIIB). Full analysis of all four stocks is available at

Here is a synopsis of all four stocks:

Bull of the Day:

Our Bull of the Day recommendation is for Crocs, Inc. (Nasdaq: CROX). Crocs business momentum remains stellar both domestically and internationally. This has led to eye-popping gains for CROX shares, which are up over 290% in the last twelve months. Even so, we believe the stock has further upside ahead because investor expectations are still too low for the company. Specifically, we expect Crocs to earn higher profit margins on its sales, and we are increasing our 2007 EPS estimate by $0.07 and our 2008 EPS estimate by $0.08. Whats more, the stock trades at a very reasonable P/E/G ratio of 1.1 times our 2007 EPS estimate. We think that CROX shares should trade at a larger premium to its long-term earnings growth rate. We maintain our Buy rating and increase our target price from $88 to $107.

Bear of the Day:

Our Bear of the Day recommendation is for Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN), which is engaged in the discovery, development and commercialization of potential drug candidates for the treatment of diabetes, obesity and cardiovascular diseases. The top-line is being driven by sales of two diabetes drugs, Byetta and Symlin. Sales of both drugs were lower than expected in the most recent quarter due to heavy sampling and increased competition. We think the competitive landscape is only getting worse for Amylin, and we feel the name is overvalued. Amylin trades at 33x our 2010 EPS estimate of $1.36. This is a significant premium to the peer group. We would avoid the name. Our target is $36.

Analyst Blog:

Texas Instruments (NYSE: TXN) updated its outlook for Q2. Revenue is expected to be between $3.36 billion and $3.51 billion, compared to prior guidance of $3.32 billion to $3.60 billion. Semiconductor revenue should be between $3.20 billion and $3.34 billion, compared to prior guidance of $3.14 billion to $3.40 billion. Education Technology revenue is expected to be between $160 million and $170 million, compared to prior guidance of $180 million to $200 million. Management sees the decline in Education Technology revenue offset by higher Semiconductor profitability. EPS [earnings per share] from continuing operation should be between $0.40 and $0.44. We have trimmed our Q2 EPS estimate by one cent to $0.43. We maintain our Hold rating and target price of $37.

We are now recommending investors hold their position in shares of Biogen Idec, Inc. (Nasdaq: BIIB). The core business is performing well, and Tysabri has re-launched in both the U.S. and several European countries. Additionally, Biogen's solid financial situation makes the company an attractive partner. However, the company's long-term situation is a bit unclear given the heavy reliance on two mature products in Rituxan and Avonex, and readjusted expectations for Tysabri. The company will need success with several mid- to late-stage pipeline candidates to return to impressive growth starting in 2009.

Get the full analysis of all four 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 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 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 by visiting

About Zacks 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 by going to

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

(a)The Zacks Performance Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect the reinvestment of dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money.

(b)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.

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.

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.