Zacks Analyst Blog Highlights: Wyeth Inc., Conseco Inc., American International Group, Inc., Del Monte Foods Co. and Caterpillar Inc.

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: Wyeth Inc. (NYSE: WYE), Conseco Inc. (NYSE: CNO), American International Group, Inc. (NYSE: AIG), Del Monte Foods Co. (NYSE: DLM) and Caterpillar Inc. (NYSE: CAT).

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Here are highlights from Thursdays Analyst Blog:

Wyeth Trades at Fair Value

Wyeth Inc. (NYSE: WYE) is one of the world's largest research-driven pharmaceutical and healthcare products companies. It possesses a strong product offering with key products Effexor XR, Prevnar and Enbrel. The company also has a number of intriguing strategic alliances and potential billion dollar drugs in the late-stage pipeline.

Wyeths recent performance has been stunted due to the entry of generic Protonix in late 2007. Recent pipeline setbacks will cause a drag on financial performance. We model revenues to grow only in the low-single digits through 2012. Pristiq and Torisel, along with Viviant and Aprela should be very strong revenue generators but they wont add significantly to the topline until around 2010, about the time that Effexor XR loses U.S. patent protection. Wyeth may not experience the next wave of substantial revenue growth until 2012 or later.

Conseco Sorts Thru the Carnage

Indianapolis-based Conseco Inc. (NYSE: CNO) is the top-tier holding company for a group of insurance companies operating throughout the United States that develop, market, and administer supplemental health insurance, annuity, individual life insurance, and other insurance products.

Conseco Inc. shares have lost a significant portion of their value since the company announced its holdings in Lehman Brothers, AIG (NYSE: AIG) and Washington Mutual. Conseco also announced its plans to transfer Conseco Senior Health Insurance Co. to an independent trust.

Del Monte at a Nice Price

Del Monte Foods Company (NYSE: DLM) is one of the country's largest producers, distributors and marketers of premium quality, branded food and pet food products for the U.S. retail market, and generated $3.7 billion in net sales in fiscal 2008.

Del Monte Food Company's management states that it is focused on improving shareholder value through a brand-driven strategic plan. Management believes that the "Transformation Plan" will enhance execution and overall competitiveness.

Caterpillar Slinking Slowly

Caterpillar Inc. (NYSE: CAT) reported third quarter EPS of $1.39, below our expectations of $1.59, due to higher material costs, weaker machine sales volume in North America and Europe, and an unfavorable currency movement. Caterpillar maintained its full-year 2008 outlook.

The company expects sales and revenues to top $50 billion and EPS to be about $6.00. For 2009, Caterpillar Inc. currently expects sales and revenue to be about flat with its 2008 results. As long as commodity prices stay above the marginal cost of production, we believe global mining and energy markets can provide an offset to weaker construction spending.

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