Zacks Releases Four Powerful ''Buy'' Stocks: G-III Apparel Group, Qualcomm, UAL and Pier One Imports

For Immediate Release

Chicago, IL – July 30, 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: G-III Apparel Group (GII), Qualcomm Inc. (QCOM), UAL Corp. (UAUA) and Pier One Imports Inc. (PIR).

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 – G-III Apparel Group (GIII)
G-III Apparel Group continues to show excellent earnings results as back-to-school spending rebounds. Shares are also a good value as investors have been cautious with the retail sector.

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

Growth & Income – Qualcomm Inc. (QCOM)
Qualcomm Inc. continues to benefit from consumers increasing their use of 3G devices to stay connected. That is a part of the trend of more consumers using smart phones and other mobile devices to text, email, and access the internet.

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

Momentum – UAL Corp. (UAUA)
UAL Corp. just hit a new multi-year high after reporting its first quarterly profit since 2007 that included an 11% earnings surprise. Estimates have since turned higher, providing some nice upward momentum for this Zacks #1 rank stock.

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

Value – Pier One Imports Inc. (PIR)
Pier One Imports Inc. has returned to profitability from the brink of retail death after same store sales grew by 14.3% in the first quarter of 2010. The company is trading at just 11x forward estimates, which is cheaper than its industry average of 14.8x.

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 GII

Read the full analyst report on QCOM

Read the full analyst report on UAUA

Read the full analyst report on PIR