Zacks Releases Four Powerful ''Buy'' Stocks: PC Connection, MTS Systems, Churchill Downs and Parker Drilling
CHICAGO, Dec. 28, 2011 /PRNewswire/ -- 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.
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:
PC Connection beats earnings for the seventh straight quarter, analysts move estimates higher and the stock is a Zacks #1 Rank (Strong Buy).
Zacks Guide to Aggressive Growth Investing (free!) - http://at.zacks.com/?id=4309
MTS Systems Corporation recently delivered a big 42% positive earnings surprise for its fiscal 2011 fourth quarter and also posted a record backlog of orders. As a result, consensus estimates soared for 2012, sending the stock to a Zacks #1 Rank (Strong Buy).
Zacks Guide to Growth & Income Investing (free!) - http://at.zacks.com/?id=4310
Churchill Downs, Inc. is charging like Secretariat, recently hitting a new multi-year high after jumping more than 38% since October. With another good quarter in hand and a bullish growth projection, this Zacks #1 Rank stock is burning up the track.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
It's not too late to find value in the energy services sector. Parker Drilling Company continues to be a value stock even as shares hit new multi-year highs. This Zacks #1 Rank (strong buy) is now trading with a forward P/E of 14.2, up from 11.9 in mid-November.
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
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
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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.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
SOURCE Zacks Investment Research, Inc.