Featuring: PMTI’s market position; MSSR’s market position; PDLI’s dividend; ATEC’s market position; PMCS’ market position; AM’s dividend.

Today’s Stock Alerts Include: Palomar Medical Technologies Inc. (Nasdaq: PMTI), McCormick & Scmick’s Seafood Restaurants Inc. (Nasdaq: MSSR), PDL BioPharma Inc. (Nasdaq: PDLI), Alphatec Holdings Inc. (Nasdaq: ATEC), PMC-Sierra Inc. (Nasdaq: PMCS) and American Greetings Corp. (NYSE: AM).

Palomar Medical Technologies Inc. (Nasdaq: PMTI) Stock Alert – Palomar Outpaces Nasdaq on Expectations of Stronger Earnings Growth

Investors polled by some of the Web’s most respected financial sites rate PMTI highly, with expectations among investors of rapid earnings growth as evidenced by the stock’s 41.76 price-to-earnings ratio.

Mkt Cap – $257.81M

P/E Ratio – 41.76

Avg. Daily Vol. – 555,000

52-Wk Range – $5.83 to $18.94

Since the March 9 closing low of 1,268.64, the Nasdaq has risen 44.9%, settling on Friday at 1838.22, while Palomar Medical Technologies Inc. (Nasdaq: PMTI) has risen more than 132% from its March 9 low of $6.14 to close Friday at $14.27, outperforming the Nasdaq by nearly a 3 to 1 margin.

Palomar Medical Technologies Inc. design, manufacture, market and sell lasers and other light-based products and related disposable items and accessories for use in medical and cosmetic procedures.

The company offers a comprehensive range of products based on technologies that include, but are not limited to: hair removal; body sculpting, including laser-assisted liposuction; removal of vascular lesions, such as rosacea, spider veins, port wine stains and hemangiomas; wrinkle reduction; removal of leg veins; removal of benign pigmented lesions, such as age and sun spots, freckles and melasma; tattoo removal; acne treatment; skin resurfacing, pseudofolliculitis barbae (PFB) treatment; treatment of red pigmentation in hypertrophic and keloid scars; treatment of verrucae, skin tags and seborrheic keratosis; skin tightening through soft tissue coagulation; scars, including acne scars, stretch marks and warts, soft tissue coagulation and other skin treatments.

In its recent chart, PMTI is trading at its lower Bollinger Bands range, a bearish condition signaling that the stock is weak relative to the recent price action. MACD reflects a bearish signal, with the indicator trending below its 9-day moving average signal line, indicating downwardly trending moving averages.

McCormick & Schmick’s Seafood Restaurants Inc. (Nasdaq: MSSR) Stock Alert – McCormick & Schmick’s Shares Trade on High Volume; Performance Crushes Nasdaq Since March Lows

Since the March 9 closing low of 1,268.64, the Nasdaq has risen 44.9%, settling on Friday at 1838.22, while McCormick & Schmick’s Seafood Restaurants Inc. (Nasdaq: MSSR) has risen more than 297% from its March 9 low of $1.84 to close Friday at $7.31, outperforming the Nasdaq by nearly a 9 to 1 margin.

The mean analysts’ estimate is for the company to earn 11 cents in the current quarter, 9 cents for the fourth quarter, 32 cents for the full fiscal of 2009, and 41 cents for fiscal 2010.

Mkt Cap – $100.62M

P/E Ratio – 10.47

Volume Friday – 2,843,158

Avg. Daily Vol. – 97,000

52-Wk Range – $1.46 to $11.48

McCormick & Schmick’s Seafood Restaurants, Inc. is a seafood restaurant operator with 92 restaurants, including 86 restaurants in the United States, of which one is operated pursuant to a management agreement, and six restaurants in Canada under The Boathouse name.

The company’s daily-printed menu typically contains between 85 and 100 made-to-order dishes, including a selection of international, national, regional and local species of seafood. Its signature Fresh List features 20 to 40 varieties of seafood. The company also offers alternatives to seafood, including beef, salads and pasta dishes.

In its recent chart, MSSR is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a slightly bearish signal, with the indicator trending just below its 9-day moving average signal line, indicating slightly downwardly trending moving averages.

PDL BioPharma Inc. (Nasdaq: PDLI) Stock Alert – PDL BioPharma Dividend Yield Reaches 13%

PDL BioPharma Inc. (Nasdaq: PDLI) manages biotech antibody patents and royalty assets. The company pays out $1 per share in royalties, which calculates to an approximate dividend yield of 13%. The yield may attract investors, especially those in the bear camp who expect a pullback in stocks during the second half of the year.

The revenue stream from the royalty assets used to pay the company dividend is set to expire between 2013 and 2014.

Since the March 9 closing low of 1,268.64, the Nasdaq has risen 44.9%, settling on Friday at 1838.22, while PDL BioPharma Inc. (Nasdaq: PDLI) has risen more than 27.7% from its March 9 low of $6.23 to close Friday at $7.96, lagging the Nasdaq by nearly half.

PDL BioPharma Inc. (PDL) is engaged in the business of management of its antibody humanization patents and royalty assets, which consist of the company’s Queen et al. patents and license agreements with several biotechnology and pharmaceutical companies. The company receives royalties based on these license agreements on sales of a number of humanized antibody products marketed, and also receives royalty payments on additional humanized antibody products.

The company receives royalties on sales of nine humanized antibody products, which include Avastin, Herceptin, Xolair, Raptiva, Lucentis, Synagis, Tysabri, Mylotarg and Actemra. In March 2008, PDL completed the divestiture of its commercial and manufacturing operations.

On December 17, 2008, the company transferred its biotechnology operations to Facet Biotech Corp. (Facet).

In its recent chart, PDLI is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

Alphatec Holdings Inc. (Nasdaq: ATEC) Stock Alert – Alphatec Holdings Paces Nasdaq

Since the March 9 closing low of 1,268.64, the Nasdaq has risen 44.9%, settling on Friday at 1838.22, while Alphatec Holdings Inc. (Nasdaq: ATEC) has risen more than 57% from its March 9 low of $8.72 to close Friday at $13.69, outperforming the Nasdaq.

Alphatec is a medical technology company focused on the design, development, manufacturing and marketing of products for the surgical treatment of spine disorders. The company’s product portfolio and pipeline includes a variety of spinal disorder products and systems focused on solutions addressing the cervical, thoracolumbar, intervertebral, minimally invasive, motion preservation, vertebral compression fracture, and osteoporotic bone markets.

Products and systems are made of titanium, titanium alloy, stainless steel and polyetheretherketone (PEEK). The company also sells products made of allograft, a precision-milled and processed human bone that surgeons can use in place of metal and synthetic materials. Bone-grafting products that are comprised of both tissue-based and synthetic materials are also available.

In its recent chart, ATEC is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

PMC-Sierra Inc. (Nasdaq: PMCS) Stock Alert – PMC Keeps Pace with Nasdaq, Continues Bullish Technicals

Since the March 9 closing low of 1,268.64, the Nasdaq has risen 44.9%, settling at last week’s close at 1838.22, while PMC-Sierra Inc. (Nasdaq: PMCS) has risen more than 57% from its March 9 low of $5.02 to close Friday at $7.88, outperforming the Nasdaq.

PMC-Sierra (PMC) designs, develops, markets and supports semiconductor solutions for the enterprise networking, wide area network infrastructure, and access network markets. The company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia.

The company has approximately 350 different semiconductor devices that are sold to equipment and design manufacturers, who in turn supply their equipment principally to service providers, carriers and enterprises globally.

During the fiscal year ended December 28, 2008 (fiscal 2008), PMC’s revenues were derived approximately 50% from the access and wide area network markets, and 50% from the enterprise networking market.

In its recent chart, PMCS is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a neutral signal, with the indicator trending at its 9-day moving average signal line, indicating flattening moving averages.

American Greetings Corp. (NYSE: AM) Stock Alert – American Greetings Extends Rally Following Quarterly Dividend Announcement

American Greetings Corp. (NYSE: AM) announced a quarterly dividend of 12 cents per share. The dividend will be paid on July 30, 2009, to shareholders of record at the close of business on July 20, 2009.

The greeting card maker’s stock has been on a tear since reporting better-than-expected earnings of 25 cents per share, beating Wall Street analysts’ mean estimate by 5 cents. American Greetings earned $10 million, compared with $13.3 million, or 27 cents per share, from a year ago.

The company has bought back much of its shares since last year, leaving 81% of last year’s total shares to spread a decline of 25% in profit, which resulted in a bettering of the Thomson Reuters mean analysts’ estimate for the quarter. The announced dividend extended the rally in the stock.

American Greetings is engaged in the design, manufacture and sale of everyday and seasonal greeting cards and other social expression products.

Greeting cards, gift wrap, party goods, stationery and giftware are manufactured or sold in North America, including the United States, Canada and Mexico, and throughout the world, primarily in the United Kingdom, Australia and New Zealand.

In addition, its subsidiary, AG Interactive Inc., distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a range of graphics and digital services and products, through a variety of electronic channels, including Websites, Internet portals, instant messaging services and electronic mobile devices.

As of February 28, 2009, the company operated in five business segments: North American Social Expression Products, International Social Expression Products, Retail Operations, AG Interactive and non-reportable operating segments.

In its recent chart, AM is trading above its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

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