For Immediate Release
Chicago, IL - May 25, 2012 - 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
Get the most recent insight from Zacks Equity Research with the
free Profit from the Pros newsletter:
Here are highlights from Thursday's Analyst
America's Oldest Companies
Earlier this week, on May 21,
) announced it was buying
) for $11.8 billion. In this
) obsessed world, you may never have heard of either company. Both
are involved in power generation, including electrical grids and
But I was more intrigued by the age of both companies. Eaton was
founded in 1911 and made the first gear driven rear truck axle.
That would make it 101 years old.
Cooper was founded in 1833 in Ohio. Back then it made plows, hog
troughs, kettles and stoves. It has re-made itself many times over
the decades into the electrical products company it is today. Not
too shabby for a 179 year old.
Other "old" companies have also expanded beyond their original
intent and have thrived.
The Oldest Of The Old
But the oldest of them all is one that hasn't changed its
business model much since it started in 1744.
The auction house
) was incorporated in 1983 but it then bought Sotheby Parke Bernet
Group Limited, which was founded in 1744 and had been publicly
traded in the United Kingdom. As a successor to the original
company, that makes Sotheby's the oldest publicly traded company on
the New York Stock Exchange.
The 268 year old company just sold Edvard Munch's "The Scream"
painting for the highest price of any work of art at auction. It
sold for $119.9 million.
Why do some companies not only survive, but thrive, through
wars, depressions, assassinations and changing tastes and
Want more from Zacks Equity Research? Subscribe to the free
Profit from the Pros newsletter:
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
Zacks "Profit from the Pros" e-mail newsletter provides
highlights of the latest analysis from Zacks Equity Research.
Subscribe to this free newsletter today:
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leon Zacks. As a PhD from MIT 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
for information about the performance numbers displayed in this
Follow us on Twitter:
Join us on Facebook:
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.
Zacks Investment Research
800-767-3771 ext. 9339
APPLE INC (AAPL): Free Stock Analysis Report
SOTHEBYS (BID): Free Stock Analysis Report
COOPER INDS PLC (CBE): Free Stock Analysis
EATON CORP (ETN): Free Stock Analysis Report
FACEBOOK INC-A (FB): Free Stock Analysis Report
To read this article on Zacks.com click here.