Polaris Industries Inc. and Konami Corp.

The bears took over again with the teeter totter market tipping down on Tuesday. Not all stocks finished in the red though.

Several Zacks #1 Rank (Strong Buy) stocks showed healthy gains on the day, including Polaris Industries Inc. (PII - Snapshot Report), which rose 2.5% on heavy volume.

Polaris manufactures recreational vehicles like snowmobiles, ATVs and motorcycles.

The company has been crushing it lately, with second quarter earnings per share 16% above the Zacks Consensus Estimate as revenue surged 41% year-over-year. It was the company's 17th consecutive positive earnings surprise.

Analysts have been consistently revising their consensus estimates higher over the last several months:

Analysts are projecting 45% EPS growth this year and 18% growth next.

Given the strong growth projections, valuation looks reasonable with shares trading at 16.1x 2011 earnings, in-line with the industry average.

Another Zacks #1 Rank (Strong Buy) stocks moving higher Tuesday was Konami Corp. (KNM), which also gained 2.5%, closing within 2.5% of its 52-week high.

Konami Corp develops and publishes various toys, trading cards, anime, and video games, among other things. It is famous for games like Metal Gear, Dance Dance Revolution, Yu-Gi-Oh!, and Silent Hill. It is headquartered in Tokyo.

Other notable top performing Zacks #1 Rank stocks from Tuesday include: Randgold Resources (GOLD - Snapshot Report), which was up 2.2%, Republic First Bancorp (FRBK - Snapshot Report), which rose 2.1%, and GenVec, Inc. (GNVC - Snapshot Report), which also gained 2.1%.

To see the full list of Zacks #1 Rank (Strong Buy) stocks click here.

Todd Bunton is the Growth & Income Stock Strategist for Zacks Investment Research.

Read the full analyst report on PII

Read the full analyst report on KNM