Visa, a payments technology company, engages in the operation of retail electronic payments network worldwide. The company's target price is at $123.47 and is within a very reachable distance compared to its current price. The earnings reported this week came in above expectations and its strong cash balance has enabled the company to buy-back shares. Furthermore, Visa expects its 2012 earnings to grow over last year's. This company is also rated a "Strong Buy" by brokerage analysts.
PRIM Primoris Services Corporation
Primoris, a Dallas-based company that's a specialty contractor and infrastructure company, provides a range of construction, fabrication, maintenance, replacement, water and wastewater and product engineering services. This company has an average broker rating of "Buy" and a Zacks #1 Rank (Strong Buy). Its current stock price is below, yet close, to the target price of $17.66. This company continues to announce new contracts (adding another $40 million two weeks ago) and reported record profits in November.
CBS - CBS Corporation
This New York-based company's current stock price is in range of its $32.41 target and is highly rated among Wall Street brokers and on the Zacks Rank. The earnings report this week showed moderate increases in both earnings and sales. Price momentum looks very strong and the stock is up considerably over the last four months. CBS operates as a mass media company in the United States and internationally.
YUM YUM! Brands, Inc.
YUM operates as a quick service restaurant company around the world. The company develops, operates, franchises and licenses a system of restaurants including KFC, Pizza Hut, Taco Bell, Long John Silver's and A&W. This company is rated as a "Buy" by Street analysts and has had a string of earnings surprises and estimate revisions. The stock of this company has seen a recent surge in price, yet is still within striking distance of its $70.05 target. I've never been to China, but I guess they love KFC there because YUM Brands has seen tremendous growth in the Land of the Sleeping Dragon.
WYN Wyndham Worldwide Corp.
Wyndham, together with its subsidiaries, provides various hospitality products and services to individual consumers and business customers in the United States and internationally. This company is rated a "Strong Buy" by all eight of the brokers providing coverage and is a Zacks #2 Rank (Buy) as well. The target price of this company is a modest 8% over its current trading price. This is another company that has initiated a share buy-back program and that's usually a sign the company believes its stock is under-valued.
These five stocks are a good start. Now if you remember my previous article "How Many Stocks Should You Own?" I justify at least a ten-stock portfolio. So I encourage you to click here to learn more about the screening and backtesting power of a stock research system built for the individual investor. With this tool, you'll be able to perfect your aim and discover additional stocks to add to your portfolio. You'll also be able to take target practice on non-live portfolios and, once you've honed your technique, you'll be able to trade live with confidence.
So summon your inner William Tell for stock picking and visit this site today!
Click here to learn more about this stock research tool.
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.
Disclosure: Performance information for Zacks portfolios and strategies are available at: https://www.zacks.com/performance.