CHICAGO, Jan. 27, 2012 /PRNewswire/ – 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 Caterpillar (NYSE: CAT), Carbo Ceramics (NYSE: CRR), Kodiak Oil Gas (NYSE: KOG), Flotek (NYSE: FTK) and EOG Resources (NYSE: EOG).

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Here are highlights from Thursday’s Analyst Blog:

SP Trading Range ‘Til April

The market has staged a remarkable recovery from the depths of recession fears and European worries in the second half of 2011. Ever since the reversal bottom in October, I have been trading the swings higher calling for SP 1,350 in the first quarter. And the question I have kept asking is this…

“As long as earnings are meeting expectations in the aggregate, and the European problem is stable, why can’t the market keep going higher?”

Look at a few of the positive forces…

Exceptionally low interest rates

Global growth moderating, but not recessionary

Valuations and market multiples attractive in the low teens

Europe apparently able and willing to prevent financial collapse

China ready to re-stimulate their economy after slowing the pace a bit

Fund managers deploying cash and afraid to miss the upside

Plenty of bears (and bulls) doubt the rally right now, and that is fuel for upside

“Bulldozing the Recession, Excavating the Boom”

Need proof that the global economy is humming along? Look no further than Caterpillar (NYSE: CAT) earnings. In 2009 and 2010, I followed the conference calls with CEO Jim Owens and the current chief Doug Oberhelman religiously. Why?

Because they were so

Read the whole article at: http://finance.yahoo.com/news/zacks-analyst-blog-highlights-caterpillar-143000469.html