Humor & Quirks
Zacks Releases Four Powerful ''Buy'' Stocks: Newport, Holdings, Fossil and Westlake Chemical Corporation
CHICAGO--([ BUSINESS WIRE ])--Four free stock picks are being made available today on Zacks.com. The industrya�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.
"earnings estimate revisions are the most powerful force impacting stock prices."
The four highlighted picks are: Newport Corp. (Nasdaq: [ NEWP ]), Holdings, Inc. (NYSE: [ CNK ]), Fossil, Inc. (Nasdaq: [ FOSL ]) and Westlake Chemical Corporation (NYSE: [ WLK ]).
Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at [ http://at.zacks.com/?id=88 ]
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% a" but Zacks #1 Rank stocks gained +43.8%.
Here is a summary of today's selected stocks that are now highly rated by Zacks:
Aggressive Growth a"[ Newport Corp. ] (Nasdaq: [ NEWP ])
Newport Corp. is projecting record sales for the current year, which has analysts raising estimates.
Zacks Guide to Aggressive Growth Investing (free!): [ http://at.zacks.com/?id=4309 ]
Growth & Income a" [ Holdings, Inc. ](NYSE: [ CNK ])
Americans still love going to the movies - and are still willing to spend big bucks on popcorn and soda too. This is good news for movie theater companies like Cinemark Holdings, Inc.
Zacks Guide to Growth & Income Investing (free!): [ http://at.zacks.com/?id=4310 ]
Momentum a"[ Fossil, Inc. ] (Nasdaq: [ FOSL ])
Fossil, Inc. recently surged to a new all-time high at above $70 after reporting an awesome Q3 earnings surprise of 35%. With retails sales showing signs of strength ahead of the holidays, this Zacks #1 rank stock has momentum wrapped up in a box.
Zacks Guide to Momentum Investing (free!): [ http://at.zacks.com/?id=4311 ]
Value a"[ Westlake Chemical Corporation ] (NYSE: [ WLK ])
Westlake Chemical Corporation blew by the Zacks Consensus Estimate by 44% in the third quarter as earnings per share doubled compared to a year ago. Sales prices and volumes were both jumping as the chemical sector remains hot.
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. 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.
Today, Zacks is promoting its stock recommendations by offering four daily picks free to those who register at [ http://at.zacks.com/?id=7155 ]
About Zacks
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, theya�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 ]
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