SOURCE: Brighton Markets

February 06, 2012 09:00 ET

2012 Economic Outlook - Report Highlights Avis Budget Group Inc. and Shutterfly, Inc.

HONG KONG--(Marketwire - Feb 6, 2012) - Today, www.BrightonMarkets.com announced new reports highlighting Avis Budget Group Inc. (NASDAQ: CAR) and Shutterfly, Inc. (NASDAQ: SFLY). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=CAR&cob=SFLY.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experienced in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Brighton Markets is releasing new coverage on Avis Budget Group Inc. for its current position within the services industry. Avis Budget Group, Inc. (Avis Budget) operates in two brands in the global vehicle rental industry through Avis and Budget. Avis is a rental car supplier positioned to serve the commercial and leisure segments of the travel industry and Budget is a rental car supplier. The full research report on Avis Budget Group Inc. (NASDAQ: CAR) is available here: www.BrightonMarkets.com/index.php?coa=CAR.

Brighton Markets has released research on Shutterfly, Inc. for its changing role within the technology industry. Shutterfly, Inc. is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories with its technology, manufacturing, Web-design and merchandising capabilities. The full research report on Shutterfly, Inc. (NASDAQ: SFLY) is available here: www.BrightonMarkets.com/index.php?cob=SFLY.

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