SOURCE: The Fortune Financial

The Fortune Financial

November 20, 2009 07:00 ET

The Fortune Financial Covers Financial & Sector Analysis for Technology and Basic Materials Companies

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com.

NEW DELHI, INDIA--(Marketwire - November 20, 2009) - The budding economic recovery isn't getting much help from the home building industry, which normally creates jobs and drives growth when a recessions ends. Uncertainty over whether a homebuyer tax credit would be extended weighed down construction last month, a sign of how much the fledging recovery depends on government support. Considering the latest market updates, we, at The Fortune Financial, have asked some of the top analysts worldwide to give us their updated feedback regarding the current market activity and position on Baker Hughes Inc. (NYSE: BHI), Ingram Micro Inc. (NYSE: IM), (Mosaic Co. (NYSE: MOS), Windstream Corporation (NYSE: WIN), Seagate Technology (NASDAQ: STX) and CBL & Associates Properties Inc. (NYSE: CBL).

The following are extracts from today's analytical research reports

--  BHI: The overall trend has been really flat over the past one month
    with the first support level at $42.58 and first resistance level at
    $44.10. Volumes have come down on the stock.
    
--  IM: The overall trend has been really bullish over the past two months
    with the first support level at $18.14 and first resistance level at
    $18.57. Uptrend supported by higher volumes on purchasing activities.
    
--  MOS: The Mosaic Company announced net earnings of $100.6 million or
    $0.23 per diluted share for its first quarter ended August 31, 2009.
    
--  WIN: We noted that certain onetime items reduced the company's latest
    quarter's earnings by about $0.06 per share.
    
--  STX: At a time when economic conditions remained challenging, we are
    very pleased with the company's financial performance, delivering strong
    revenues, margins and cash generation.
    
--  CBL: The real estate investment trust has made tremendous progress in
    recent weeks. We expect the economy to remain weak through the rest of the
    year, but ...
    

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