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Zacks.com featured expert Kevin Matras highlights: H&E Equipment Services, KLA-Tencor and CAI International
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For Immediate Release
Chicago, IL – November 1, 2017 - Stocks in this week’s article include: H&E Equipment Services (HEES - Free Report) , KLA-Tencor Corp. (KLAC - Free Report) and CAI International . Kevin Matras screens for companies showing their 'first' profit, and explains why they are ones to watch.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Explosive Returns with the Filtered Zacks Rank #5 Strategy
In good markets or bad, stocks with a Zacks Rank of #1 continue to outperform.
But, since there are over 200 stocks with a Zacks Rank #1 at any time, it's important to know what other filters to apply to the Zacks Rank to generate a smaller, more tradable list of stocks.
Two filters in particular, when added to the Zacks Rank of #1, not only narrows down the number of qualified stocks to a more practical portfolio size, it often times increases its performance as well.
Parameters
There are only three items to this screen. But together, they make for a powerful combination.
• Zacks Rank equal to 1 With an average annual return of over 26% per year over the last 26 years, there's no better way to start off a screen.
• % Change (Q1) Est. over 4 Weeks greater than 0 Positive current quarter estimate revisions over the last four weeks.
The Zacks Rank already looks at earnings estimate revisions for the current year (F1) and the next year (F2). But this added component looks at the more immediate future, which is the current quarter (Q1).
If a company's current quarter is seeing downward revisions, this is a potential warning sign that more downward revisions could follow. On the other hand, a company receiving upward earnings estimate revisions should see even more upward earnings estimate revisions, making it an attractive stock to buy.)
• % Broker Rating Change Over 4 Week equal to Top # 5 Top 5 stocks with the best average broker rating changes over the last four weeks.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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Zacks.com featured expert Kevin Matras highlights: H&E Equipment Services, KLA-Tencor and CAI International
For Immediate Release
Chicago, IL – November 1, 2017 - Stocks in this week’s article include: H&E Equipment Services (HEES - Free Report) , KLA-Tencor Corp. (KLAC - Free Report) and CAI International . Kevin Matras screens for companies showing their 'first' profit, and explains why they are ones to watch.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Explosive Returns with the Filtered Zacks Rank #5 Strategy
In good markets or bad, stocks with a Zacks Rank of #1 continue to outperform.
But, since there are over 200 stocks with a Zacks Rank #1 at any time, it's important to know what other filters to apply to the Zacks Rank to generate a smaller, more tradable list of stocks.
Two filters in particular, when added to the Zacks Rank of #1, not only narrows down the number of qualified stocks to a more practical portfolio size, it often times increases its performance as well.
Parameters
There are only three items to this screen. But together, they make for a powerful combination.
• Zacks Rank equal to 1
With an average annual return of over 26% per year over the last 26 years, there's no better way to start off a screen.
• % Change (Q1) Est. over 4 Weeks greater than 0
Positive current quarter estimate revisions over the last four weeks.
The Zacks Rank already looks at earnings estimate revisions for the current year (F1) and the next year (F2). But this added component looks at the more immediate future, which is the current quarter (Q1).
If a company's current quarter is seeing downward revisions, this is a potential warning sign that more downward revisions could follow. On the other hand, a company receiving upward earnings estimate revisions should see even more upward earnings estimate revisions, making it an attractive stock to buy.)
• % Broker Rating Change Over 4 Week equal to Top # 5
Top 5 stocks with the best average broker rating changes over the last four weeks.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/commentary/134712/explosive-returns-with-the-filtered-zacks-rank-5-strategy
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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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.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: www.Zacks.com
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.