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Zacks Releases Four Powerful ''Buy'' Stocks: Cantel Medical Corp, Costco Wholesale Corporation, China Green Agriculture, Inc. and DryShips Inc.

November 18, 2009 | Comments: 2
Recommended this article (1)
CMN | COST | CGA | DRYS
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For Immediate Release

Chicago, IL – November 18, 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: Cantel Medical Corp (CMN), Costco Wholesale Corporation (COST - Analyst Report), China Green Agriculture, Inc. (CGA - Snapshot Report) and DryShips Inc. (DRYS - Analyst Report).
    
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 – Cantel Medical Corp (CMN)
Cantel Medical Corp posted yet another earnings surprise with a 65% increase in net income.

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

Growth & Income – Costco Wholesale Corporation (COST - Analyst Report)
Costco Wholesale Corporation recently posted October net sales of $5.68 billion, a 7% increase over last year’s $5.30 billion. Comparable sales spiked 5% year-over-year.

Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
  
Momentum – China Green Agriculture, Inc. (CGA - Snapshot Report)
China Green Agriculture, Inc. is once again pressuring its 52-week high after jumping higher on a recent third-quarter earnings surprise.

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

Value – DryShips Inc. (DRYS - Analyst Report)
DryShips Inc. is now a Zacks #1 Rank (strong buy) stock as estimates rise after a tough year where earnings per share dropped by 90%. The stock is now cheap, trading at just 6.6x forward earnings.

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.
 

 


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Read/Post Comments (2) | Recommended this article (1)
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79
days
ago
ramisle wrote...
A PE of 6.6 is considered fully valued in the dry bulk sector, because they are considered cyclical. In the dry bulk bubble of 2007, when the BDI was 11,700, DRYS price was $130 and their earnings $19 per year. Any future earnings increase will come from the new drillships and they don't arrive until 2011. It is uncertain whether the Primelead business will be a spinoff or an IPO. And the difference will be huge for DRYS shareholders. George has continually diminished DRYS potential with massive dilution, and shows no intention to stop. That will always present a damper on this stocks price . this stock. DRYS is and will remain a traders momentum stock.
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83
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darby wrote...
Love your blog
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Market Summary Feb 09, 2010 20:38 pm ET
DJIA 10058.64  150.25 1.52%
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