November 03, 2006 at 13:11 PM EST
Zacks.com Announces That Richard Moroney Highlights the Following Stocks: Exxon Mobil, General Electric, Questar, Wal-Mart Stores and Wells Fargo

Richard Moroney, editor of the Dow Theory Forecasts newsletter, explains that a good defense can score points on Wall Street. Check out Exxon Mobil (NYSE:XOM), General Electric (NYSE:GE), Questar (NYSE:STR), Wal-Mart Stores (NYSE:WMT) and Wells Fargo (NYSE:WFC). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the October 30 Featured Expert column by Richard Moroney include:

Two Recommended Stocks with Defensive Appeal:

While many energy stocks have been hurt by lower commodity prices, shares of Exxon Mobil (NYSE:XOM) have held up well. Because of its enormous size and diversity, investors view the company as a safer energy bet that delivers steadier results than its peers.

Ventures with state-owned oil companies are promising, and international development projects in West Africa, the Middle East, and Russia should boost production in the years ahead. On Oct. 23, Exxon said it reached a preliminary agreement to sell natural gas from Russias Sakhalin Island to China. Deepwater exploration also represents a strong growth opportunity, and the company is expanding its presence in the growing market for liquefied natural gas.

While General Electric (NYSE:GE) is classified as an industrial conglomerate, its business mix is so diversified that its performance is not especially dependent on the economic cycle. GE makes products ranging from jet engines to consumer appliances to medical equipment, many of which follow different business cycles.

The company is one of the worlds largest providers of commercial and consumer financing and owns the NBC television network and Universal Studios. Recent results have benefited from strength in a variety of end markets, a trend management expects to continue into 2007.

Other Recommended Stocks with Defensive Appeal include:

Questar (NYSE:STR) is a diversified energy services holding company. It has two basic divisions--Market Resources and Regulated Services. Market Resources engages in energy development and production; gas gathering and processing; and wholesale gas, electricity and hydrocarbon liquids marketing and trading. Regulated Services conducts interstate gas transmission and storage activities and retail gas distribution services.

Wal-Mart Stores (NYSE:WMT) is the world's largest retailer. They are engaged in the operation of mass merchandising stores, which serve their customers primarily through the operation of three segments, which are the Wal-Mart Stores segment, the SAM'S Club segment and the International segment.

Wells Fargo (NYSE:WFC) is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally.

Read Richard Moroneys commentary on investing in defensive stocks and discover more stocks by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail newsletter. Register for a free subscription to Profit from the Pros at: http://at.zacks.com/?id=86

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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 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 at http://at.zacks.com/?id=87

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