ATLANTA, Feb. 16, 2001 (PRIMEZONE) -- The following is being issued by WinningInvestments.com: While many stocks have continued to struggle in the first quarter of 2001, Analog Devices (NYSE:ADI) has met expectations so far.
ADI met expectations in the last quarter, and although it lowered expectations going forward, it still expects a 20% increase in revenues and earnings in 2001. It still has a forward-looking P/E ratio of just 26.7.
WinningInvestments.com (http://www.WinningInvestments.com), a leading Internet-based stock information site that provides covered call selections and investment strategies, recently highlighted ADI as one of its stocks in its Newsletter. The investment Website sends out, via e-mail, its Newsletter, which contains news, commentary, education and covered call highlights, at the close of the market on Monday, Wednesday and Friday.
WinningInvestments also selected CEFT as one of its potential covered call candidates for its "13/13" category, which contains stocks that have grown in sales and profits by an average of 13% in each of the last 10 years, and are predicted to grow by that same amount over the next three-to-five years. The company lists its covered call candidates on its Website three times per week.
Analog Devices currently has eight analysts recommending it as a strong buy, five as a buy and four as a hold. ADI is currently trading at $49.5, with the bid on the March 2001 $50 call at $4.3. This gives downside protection of 8.7% and a yield, if called, of 9.7%.
Investors who are unfamiliar with covered calls can learn about this investment method at www.WinningInvestments.com. WinningInvestments.com usually offers investors a free 10-day trial, where they can view the services with no risk or obligation. Between now and Feb. 23, 2001, members can receive a 15-day trial by stating "15-day trial" in the "How did you hear about us?" section of the registration page. To visit their site, go to http://www.WinningInvestments.com.
WinningInvestments.com also offers six different categories of covered call selections and nine different investment strategies. The covered call selections are updated on the Website each week on Tuesday, Thursday and Sunday. The strategies include three different strategies for Dogs of the Dow, aggressive and conservative investors.