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Press Releases
Zacks Releases Four Powerful ''Buy'' Stocks: Encore Capital Group, Inc., American Express Company, Arena Resources Inc. and Avnet, Inc.
Posted Tue Nov 24, 10:56 am ET
by Abhishek Sarkar

For Immediate Release

Chicago, IL – November 24, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Encore Capital Group, Inc. (ECPG), American Express Company (AXP), Arena Resources Inc. (ARD) and Avnet, Inc. (AVT).
    
Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is a summary of today's selected stocks that are now highly rated by Zacks:          
       
Aggressive Growth – Encore Capital Group, Inc. (ECPG)
Encore Capital Group, Inc. just set a new 52-week high following the recent earnings report, which topped expectations.

Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309

Growth & Income – American Express Company (AXP)
American Express Company has seen recent upward revisions of the Zacks Consensus Estimate for earnings. Shares staged a nice advance lately, outpacing the market by about 20% over the past 3 months.

Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
  
Momentum – Arena Resources Inc. (ARD)
Arena Resources Inc. has posted big gains over the last 8 months on strong earnings and elevated energy prices.

Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311

Value – Avnet, Inc. (AVT)
Avnet, Inc. recently saw quarter over quarter growth as the global recession eased. The company is trading with a forward P/E of 13.2.

Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312

How to Regularly Access Picks from the Zacks Rank Discovery for Free:  http://at.zacks.com/?id=5607
 
Underlying the four free stock picks is a simple truth that first appeared in a Financial Analysts Journal article published in 1979. Leonard Zacks, a Ph.D. in Mathematics from M.I.T. found that "earnings estimate revisions are the most powerful force impacting stock prices."  Zacks #1 Rank is awarded to a stock when analysts sharply upgrade their estimates of what the company will earn.

Today, Zacks is promoting its stock recommendations by offering four daily picks free to those who register at http://at.zacks.com/?id=5607 

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms.  It monitors more than 200,000 earnings estimates, looking for changes.

Then, when changes are discovered, they’re applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock-picking system continues to outperform the market by a nearly 3-to-1 margin. 
  
More Free Stock Picks

Each weekday, new Zacks #1 Rank or Zacks #2 Rank stock picks are released on the free email newsletter, Profit from the Pros. Investors are invited to register for their free subscription at http://at.zacks.com/?id=5642

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts


Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Zacks.com

Aggressive Growth Stocks:
Contact: Bill Wilton
Phone: 312-265-9277

or

Growth & Income Stocks:
Contact: Alex Kolb
Phone: 312-265-9149

or

Momentum Stocks:
Contact: Michael Vodicka
Phone: 312-265-9226

or

Value Stocks:
Contact: Tracey Ryniec
Phone: 312-265-9232

Email: pr@zacks.com
Visit: www.zacks.com

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
 


 

Zacks Earnings Trends Highlights: Applied Materials, KLA-Tencor, Novellus, Ford and Cummins Engine
Posted Tue Nov 24, 07:50 am ET
by Dirk Van Dijk, CFA

For Immediate Release

Chicago, IL – November 24, 2009 - Zacks Research Equity Strategist Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink. He tracks companies on the Zacks.com web site, naming names, while forecasting trends for the months ahead.

Be Thankful for a Strong Earnings Season

The broad increases in earnings estimates seems to reflect a much better short-term outlook for the economy. Note that some of the most cyclical areas such as Retailers, Materials and Autos are seeing a large preponderance of upward over downward earnings revisions, and that most of the firms in those sectors are seeing their consensus estimates increase.

On the other hand, the defensive Staples sector has a very high revisions ratio of 8.55, so it’s not just the cyclicals. Then again, given the great performance by the Staples on the surprise front, a strong estimate revisions performance is not surprising.

One industry that has seen some remarkable increases in their estimates for both this year and next is the Semiconductor Equipment industry, with firms like Applied Materials (AMAT), KLA-Tencor (KLAC) and Novellus (NVLS) all seeing no estimates cut and double-digit numbers of increases leading to very large percentage gains in their mean estimates. Those are what one might term new economy cyclicals. Many of the old economy cyclicals like Ford (F) and Cummins Engine (CMI) have also seen large estimate increases.

Want stock picks from Zacks Equity Research that are based on earnings estimates? Subscribe to the free "Profit from the Pros" newsletter: http://at.zacks.com/?id=5617.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5618.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.

Then, when changes are discovered, they’re applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock-picking system continues to outperform the market by a nearly 3-to-1 margin.

The best way to unlock profitable Zacks' stock recommendations and market insights is through the free daily email newsletter: "Profit from the Pros." It provides a steady flow of profitable ideas GUARANTEED to be worth your time. Register for your free subscription at http://at.zacks.com/?id=5616

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Dirk Van Dijk, CFA
Company: Zacks.com
Phone: 312-265-9211
Email: pr@zacks.com
Visit: www.zacks.com

 

Zacks Bull and Bear of the Day Highlights: Petrobras, St. Jude Medical, Motorola Inc., Sprint Nextel Corp. and Alcatel-Lucent
Posted Tue Nov 24, 07:39 am ET
Zacks Analyst Blog Highlights: Skyworks Solutions, Ericsson, Alcatel-Lucent, Nokia and Siemens
Posted Tue Nov 24, 07:27 am ET
Zacks Analyst Blog Highlights: Las Vegas Sands, Citigroup, Goldman Sachs, Barclays PLC and UBS AG
Posted Tue Nov 24, 07:16 am ET
Zacks Analyst Blog Highlights: Halliburton Company, Schlumberger Limited, Smith International Inc., National-Oilwell Varco and Weatherford International Ltd.
Posted Tue Nov 24, 07:10 am ET
Zacks Analyst Blog Highlights: Fannie Mae, Freddie Mac, Sherwin Williams, La-Z-Boy and Campbell Soup Co.
Posted Tue Nov 24, 07:00 am ET
Zacks Earnings Preview: Deere, Tyson and BJ Services.
Posted Mon Nov 23, 08:42 am ET

For Immediate Release

Chicago, IL – November 23, 2009 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Deere (DE), Tyson (TSN) and BJ Services (BJS). To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=5612.

Give Thanks for a Great 3Q

Historically the best indicators of firms which are likely to report positive surprises are a recent history of positive surprises and rising estimates going into the report. The Zacks Rank is also a good indicator of potential surprises. Some of the companies that have these characteristics include:

Deere (DE) is expected to post EPS of just $0.05, down from $0.81 last year. That low expectation sets it up for a positive surprise. Last time out they beat by 73.7%. However there has been no change in the estimate over the last month, and the stock has a neutral Zacks Rank of 3

Tyson (TSN), the poultry producer, might just make its investors thankful. It is expected to earn $0.26, up from $0.14 last year. Last time out it beat by 83.3%. However, analysts have slightly shaved the mean estimate by 0.6% over the last month.

In keeping with the overall very positive tone of this earnings season, the potential negative firms are less clear cut. However:

BJ Services (BJS) is expected to post EPS of just $0.03, down from $0.57 last year. It badly missed estimates last time, reporting a loss instead of income and analysts have cut the estimates for this year’s quarter by 11.1% over the last month.

Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +26%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 111% annually (-0.8% versus +8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=5614.

About Zacks

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 by going to http://at.zacks.com/?id=5615.

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Dirk Van Dijk, CFA
Company: Zacks.com
Phone: 312-265-9211
Email: pr@zacks.com
Visit: www.Zacks.com

 

Zacks Bull and Bear of the Day Highlights: Caterpillar, Cost Plus, Inc., Gap Inc., J.M. Smucker Company and Stone Energy Corporation
Posted Mon Nov 23, 08:32 am ET
Zacks Analyst Blog Highlights: Pozen, Sanofi-Aventis, Bristol-Myers, AstraZeneca and ADC Telecommunications Inc.
Posted Mon Nov 23, 08:20 am ET
Recent Posts

Zacks Releases Four Powerful ''Buy'' Stocks: Encore Capital Group, Inc., American Express Company, Arena Resources Inc. and Avnet, Inc.
Tue Nov 24, 10:56 am ET

Zacks Earnings Trends Highlights: Applied Materials, KLA-Tencor, Novellus, Ford and Cummins Engine
Tue Nov 24, 07:50 am ET

Zacks Bull and Bear of the Day Highlights: Petrobras, St. Jude Medical, Motorola Inc., Sprint Nextel Corp. and Alcatel-Lucent
Tue Nov 24, 07:39 am ET

Zacks Analyst Blog Highlights: Skyworks Solutions, Ericsson, Alcatel-Lucent, Nokia and Siemens
Tue Nov 24, 07:27 am ET

Zacks Analyst Blog Highlights: Las Vegas Sands, Citigroup, Goldman Sachs, Barclays PLC and UBS AG
Tue Nov 24, 07:16 am ET

Zacks Analyst Blog Highlights: Halliburton Company, Schlumberger Limited, Smith International Inc., National-Oilwell Varco and Weatherford International Ltd.
Tue Nov 24, 07:10 am ET

Zacks Analyst Blog Highlights: Fannie Mae, Freddie Mac, Sherwin Williams, La-Z-Boy and Campbell Soup Co.
Tue Nov 24, 07:00 am ET

Zacks Earnings Preview: Deere, Tyson and BJ Services.
Mon Nov 23, 08:42 am ET

Zacks Bull and Bear of the Day Highlights: Caterpillar, Cost Plus, Inc., Gap Inc., J.M. Smucker Company and Stone Energy Corporation
Mon Nov 23, 08:32 am ET

Zacks Analyst Blog Highlights: Pozen, Sanofi-Aventis, Bristol-Myers, AstraZeneca and ADC Telecommunications Inc.
Mon Nov 23, 08:20 am ET

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