Zacks Releases Four Powerful ''Buy'' Stocks: MercadoLibre, Home Depot, Ruddick and E-House
For Immediate Release
Chicago, IL – May 25, 2010 – 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: MercadoLibre (MELI - Snapshot Report), Home Depot (HD - Analyst Report), Ruddick Corp. (RDK) and E-House China Holdings Limited (EJ - Snapshot Report).
Today, Zacks informs investors of 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 +28%. 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 – MercadoLibre (MELI - Snapshot Report)
MercadoLibre is showing fantastic growth prospects in a booming market segment as analysts continue to raise estimates. Given the valuations and volatility, however, this is truly and aggressive play.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Home Depot (HD - Analyst Report)
Home Depot has beaten the Zacks Consensus Estimate in each of the last five quarters by an average of 10.3%.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Ruddick Corp. (RDK)
Ruddick Corp. has been trending higher for most of the last 14 months after bottoming out in March of 2009 with the market. Although shares have recently pulled back a bit, the long-term trend is still bullish on the company's 23% Q2 earnings surprise from late April and rising estimates.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – E-House China Holdings Limited (EJ - Snapshot Report)
E-House China Holdings Limited is in one of the riskier sectors of China's economy: housing. While the company has surprised on the Zacks Consensus 4 quarters in a row, the outlook for the second quarter is a bit more dicey as the Chinese government tries to cool down a building housing bubble.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
How to Regularly Access Top Zacks Rank Picks Free: http://at.zacks.com/?id=7156
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 releases stock recommendations by offering four daily picks free to those who register at http://at.zacks.com/?id=7157
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
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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: Rob Plaza
Phone: 312-265-9442
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.
Read the full analyst report on MELI
Read the full analyst report on HD
Read the full analyst report on RDK
Read the full analyst report on EJ

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