CHICAGO, March 16, 2012 /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.
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:
Uncharacteristically warm weather for St. Patrick's Day in the Midwest is making us look to the March 17 past time as an aggressive growth rank buy. Investing in the Irish, or jovial spirits makes for a good read this weekend. For more things Irish, check out this Irish ETF article. We wish you a safe and happy St. Patrick's Day and hope that you will one day catch a leprechaun.
MTS Systems Corporation carried its momentum into the first quarter of its fiscal 2012 and delivered another solid beat on both earnings and revenue. This prompted analysts to raise their estimates yet again, sending the stock to a Zacks #1 Rank (Strong Buy) stock.
Foot Locker has been making new 52 week highs and has run over 15% since I last wrote about it as a momentum Rank Buy on January 30th. More importantly, in the past couple weeks the company solidified their fundamental story, increased their quarterly dividend and approved a 400 million dollar share buyback program.
Looking for a way to invest in food? Corn Products International is expected to see double digit earnings growth in 2012. This Zacks #2 Rank (Buy) also is an attractive value stock, with a forward P/E of just 10.9.
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
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.