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Zacks Analyst Blog Highlights: Transition Therapeutics, Elan, Eli Lilly, Burger King and McDonald's.

CHICAGO, Jun 27, 2008 (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: Transition Therapeutics Inc.
(Nasdaq: TTHI), Elan (NYSE: ELN), Eli Lilly (NYSE: LLY), Burger King
(NYSE: BKC) and McDonald's (NYSE:MCD).

See the latest posts to the Analyst Blog:
http://www.zacks.com/blog/post_info.html?g=6

Here are highlights from Thursday's Analyst Blog:

Transition Thera Could Take Time

Transition Therapeutics Inc.'s (Nasdaq: TTHI) lead pipeline
candidates are being developed for the treatment of Alzheimer's
disease and diabetes, both of which represent significant commercial
opportunity. The company has agreements with strong collaborative
partners for the development and commercialization of its pipeline
candidates.

While we are optimistic on the company's development pipeline,
both candidates are still years from commercialization. We look
forward to seeing additional clinical results on these drugs before we
get bullish on the name.

Transition's collaborative and licensing agreements are in line
with its business model and makes strategic sense. The signing of such
agreements not only validates the company's technology, but also
provides it with much needed funds required to pursue late-stage
clinical development. We are pleased to see that the company has
partnered both its lead candidates ELND-005 with Elan (NYSE: ELN) and
TT-223 with Eli Lilly (NYSE: LLY), both experts in their fields.

Roll Out Carpet for Burger King

We are initiating coverage of Burger King (NYSE: BKC) with a Buy
rating. The company has resumed unit growth after four years of
negative or no growth and in our opinion, is poised for high-teens
CAGR (Compound Annual Growth Rate) in earnings over the next five
years.

We think BKC shares offer investors an excellent opportunity to
participate in the fast-growing economies of Asia and South America,
where it has a very small presence relative to McDonald's (NYSE:MCD),
the category leader. We expect overseas expansion to be the primary
driver of unit growth for the next decade.

Burger King is currently trading at the high end of the group, in
line with McDonald's on an EV/EBITDA (enterprise value/earnings before
interest, taxes, depreciation and amortization) basis but at a premium
on a multiple of 2008 earnings per share. However, on a multiple of
its growth rate, BKC shares are inexpensive relative to the group.

Get the full analysis of all these stocks by going to
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
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Profitable ideas GUARANTEED to be worth your time! Register for your
free subscription to Profit from the Pros.

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.

SOURCE: Zacks.com

Zacks.com
Mark Vickery
Web Content Editor
312-265-9380
Visit: www.zacks.com

Copyright Business Wire 2008


 



 
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