Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Dynamic Materials, Genentech and Impax Laboratories

CHICAGO--(BUSINESS WIRE)--March 21, 2005--Joseph Parnes explains that the economy may be speeding up in the first quarter from the fourth quarter's 3.8% annual growth rate. Read about Dynamic Materials (NASDAQ:BOOM), Genentech (NYSENA), and Impax Laboratories (NASDAQ:IPXL). Joseph Parnes is the editor of the Shortex newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84


Highlights from the March 16th Featured Expert column by Joseph Parnes include:

Capital inflows are alive and have surprised skeptic/experts. Positive indicators are surprisingly strong and the gain in payrolls has translated into demand by both consumers and businesses. Indicating that the economy within the 1st Qtr. may be speeding up from the 4th Qtr's 3.8% annual growth rate.

Long Positions

Dynamic Materials (NASDAQ:BOOM): The provider of explosion-bonded clad metal plates/metal fabrication enjoys demand for its products. The Co. operates in (1) The explosive metal working comp, which uses propriety explosive processes to perform metal cladding, and (2) AMK welding, which utilizes various technologies to weld components for use in commercial/military jet engines and grand based turbines.

Genentech (NYSENA): The biotech/pharmaceutical Co. announced AVASTIN its lung-cancer drug yielded positive trial results.

Impax Laboratories (NASDAQ:IPXL): The specialty-pharmaceutical Co. with its expertise intends to market its branded products through IMPAX pharmaceuticals division. USFDA granted final approval to Co.'s new genetic drug of DANTRIUM(R) for the treatment of spasticity in stroke, multiple sclerosis, cerebral palsy and spinal cord injury.

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