For Immediate Release
Chicago, IL – April 22, 2010 – 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.
The four highlighted picks are: Arrow Electronics (ARW), Microchip Technology (MCHP), Cree Inc. (CREE) and The Andersons, Inc. (ANDE).
Today, Zacks is promoting its ”Buy” stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607
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:
Aggressive Growth – Arrow Electronics (ARW)
Arrow Electronics analysts continue to raise estimates as the company signs new deals and grows through acquisition. The Zacks Rank #1 is expected to see earnings rise more that 50% this year alone.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Microchip Technology (MCHP)
Microchip Technology has a Zacks #2 Rank. Its stock trades at 27.3x fiscal 2010 consensus EPS estimates and 18.8x fiscal 2011 consensus EPS estimates.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Cree Inc. (CREE)
Cree Inc. recently reported better than expected Q3 results that included 78% sales growth from last year and a 10% earnings surprise. Although shares did trade lower off the news, the long-term trend is still very bullish for this Zacks #1 rank stock.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – The Andersons, Inc. (ANDE)
The Andersons, Inc. has been riding the ups and downs of the grain and fertilizer markets over the past 2 years but with the global economy poised for recovery, so are the Andersons’ business segments. The Andersons is a value stock, with a price-to-book ratio of just 1.5.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
How to Regularly Access Picks from the Zacks Rank Discovery for Free: http://at.zacks.com/?id=5607
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=5607
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, 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=5642
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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.
Zacks.com
Aggressive Growth Stocks:
Contact: Bill Wilton
Phone: 312-265-9277
or
Growth & Income Stocks:
Contact: Rob Plaza
Phone: 312-265-9442
or
Momentum Stocks:
Contact: Michael Vodicka
Phone: 312-265-9226
or
Value Stocks:
Contact: Tracey Ryniec
Phone: 312-265-9232
Email: pr@zacks.com
Visit: www.zacks.com
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
