Zacks Releases Four Powerful ''Buy'' Stocks: Western Refining, Ross Stores, Watson Pharmaceuticals and Steven Madden

Sep 30, 2011, 09:30 ET from Zacks Investment Research, Inc.

CHICAGO, Sept. 30, 2011 /PRNewswire/ -- Four free stock picks are being made available today on 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: Western Refining Inc. (NYSE: WNR), Ross Stores, Inc. (Nasdaq: ROST), Watson Pharmaceuticals, Inc. (NYSE: WPI) and Steven Madden Limited (Nasdaq: SHOO).

Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free.

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:          

Aggressive Growth – Western Refining Inc. (NYSE: WNR)
Western Refining Inc. has been a wild ride lately, but estimates are rising rapidly which has created dirt-cheap valuations.

Zacks Guide to Aggressive Growth Investing (free!) -

Growth & Income – Ross Stores, Inc. (Nasdaq: ROST)
Earnings estimates continue to climb for Ross Stores, Inc. as the company delivers month after month of strong same-store sales growth. It is a Zacks #2 Rank (Buy) stock.

Zacks Guide to Growth & Income Investing (free!) -

Momentum – Watson Pharmaceuticals, Inc. (NYSE: WPI)
Watson Pharmaceuticals, Inc. recently hit a 3-year high even as the global stock markets shook with volatility. This Zacks #2 Rank (buy) also is expected to see double digit earnings growth in 2011. Who says the drug company stocks are boring?

Zacks Guide to Momentum Investing (free!):

Value – Steven Madden Limited (Nasdaq: SHOO)
Shoes are still hot. Steven Madden Limited reported record second quarter results in August as sales jumped 32%. This Zacks #2 Rank (buy) stock has also moved into value territory, with a forward P/E of 14.7.

Zacks Guide to Value Investing (free!) -

How to Regularly Access Top Zacks Rank Picks for Free -

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:

About Zacks 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.

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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:

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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.

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