CHICAGO, April 27, 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.
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:
A. Schulman, Inc. recently delivered strong second quarter results, including an 18% earnings beat. Analysts revised their estimates higher off the strong quarter, sending SHLM to a Zacks #2 Rank (Buy).
Wynn Resorts Ltd. just jumped to a new multi-year high after reporting excellent Q1 results that included an awesome 89% earnings surprise. With estimates surging on the news and a bullish growth projection, this Zacks #1 rank stock is hitting on all cylinders right now.
Business is good for Snap-on Inc. Sales recently rose 11.6% in the first quarter continuing a multi-quarter streak of sales growth. Despite shares busting out to new 3-year highs, this Zacks #1 Rank (strong buy) is still a value stock.
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.
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=91
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.
Aggressive Growth Stocks: Contact: Bill Wilton Phone: 312-265-9277
Growth & Income Stocks: Contact: Rob Plaza Phone: 312-265-9442
Momentum Stocks: Contact: Michael Vodicka Phone: 312-265-9226
Value Stocks: Contact: Tracey Ryniec Phone: 312-265-9232