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Zacks Releases Four Powerful ''Buy'' Stocks: Kona Grill, NIKE, Whole Foods Market and Wolverine Worldwide

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October 07, 2011 | Comment(s): 0
Recommended this article (6)
KONA | NKE | WFM | WWW

For Immediate Release

Chicago, IL – October 7, 2011 – 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: Kona Grill (KONA - Snapshot Report), NIKE, Inc. (NKE - Analyst Report), Whole Foods Market, Inc. (WFM - Analyst Report) and Wolverine Worldwide, Inc. (WWW - Snapshot Report).

Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free. http://at.zacks.com/?id=88

From 1988 through the present – a period that included serious corrections and recessions – the Zacks #1 Rank Stocks have nearly tripled the market with a fully documented average gain of +28% per year.

Here is a summary of today's selected stocks that are now highly rated by Zacks:          

Aggressive Growth – Kona Grill (KONA - Snapshot Report)
Kona Grill is a Zacks #1 Rank (Strong Buy) after a series of upward estimate revisions. Analysts grew increasingly bullish after the company raised it outlook for Q3.

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

Growth & Income – NIKE, Inc. (NKE - Analyst Report)
Estimates have been rising for NIKE, Inc. since the company reported record quarterly sales and EPS on September 22. It is a Zacks #2 Rank (Buy) stock.

Zacks Guide to Growth & Income Investing (free!) - http://at.zacks.com/?id=4310

 Momentum – Whole Foods Market, Inc. (WFM - Analyst Report)
Whole Foods Market, Inc. has held up well in the tough market, trading directly below its recent all-time high on another earnings surprise. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock (Strong Buy) offers a healthy upgrade into momentum.

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

Value –
Wolverine Worldwide, Inc. (WWW - Snapshot Report)
The consumer is alive and well and buying shoes. Wolverine Worldwide, Inc., which sells shoes and apparel, just reported a record third quarter and raised full year guidance. Earnings are expected to grow by the double digits in both 2011 and 2012. This Zacks #1 Rank (strong buy) has a forward P/E of 14.4.

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

How to Regularly Access Top Zacks Rank Picks for Free - http://at.zacks.com/?id=7154

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. 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 here: http://at.zacks.com/?id=7155

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 here: http://at.zacks.com/?id=91

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

 Join us on Facebook:  http://www.facebook.com/ZacksInvestmentResearch

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.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339

support@zacks.com

http://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 KONA

Read the full analyst report on NKE

Read the full analyst report on WFM

Read the full analyst report on WWW

 

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