Kevin Matras Highlights the Following Stocks: Bright Horizons Family Solutions, Independent Bank Corp. and Staten Island Bancorp.Business Editors CHICAGO--(BUSINESS WIRE)--Aug. 6, 2003 Zacks.com releases it's exclusive Screen of the Week report that highlights another successful stock picking strategy developed with their Research Wizard software. Kevin Matras revisits one of his best and most popular screening strategies which has consistently shown average annual gross returns in excess of 60% a year for the last two years. Some stocks in this week's screen are: Bright Horizons Family Solutions Bright Horizons Family Solutions is a US-based child-care provider and one of the largest publicly held child-care corporations in the world. The result of a merger in 1998 between Massachusetts-based Bright Horizons (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BFAM BFAM Brother from Another Mother BFAM Bioinformatics for the Analysis of Mammalian Genomes BFAM Budget Formulation & Appropriation Model ), Independent Bank Corp. (NASDAQ:IBCP IBCP Institut de Biologie et Chimie des Protéines IBCP Installation Biochemical Collection Point ) and Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. Bancorp (NYSE NYSE See: New York Stock Exchange :SIB sib: see clan. ). Click here for the full story exclusively on Zacks.com: http://sotw.zacks.com Screen of the Week written by Kevin Matras of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. : "Upgrades and Revisions" -- (A Historically Profitable Screening Strategy) This screening strategy has been such a great performer over the last few years, Kevin Matras likes to re-publish it on a periodic basis for those who missed it, or for those who need a reminder that you can beat the market!!! So if you're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a strategy that generates only a handful or so of stocks each month, has an excellent win ratio and has shown consistently impressive returns (way beyond the 'market'), ... read on. The Parameters to this Strategy are: Zacks Rank equals 1 (and no more than 4 weeks old - in other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , it was a 2 or higher, 4 weeks prior) Percent Change Q1 Estimates over the last 4 weeks greater than or equal to 0 (earnings with fresh upward revisions) Percentage Rating Change over 4 weeks greater than or equal to 0 (analysts seemingly have such a huge upside bias, Kevin is excluding anything that's been even slightly downgraded) Net percentage Change in Insider Holdings over 24 weeks greater than or equal to 0 (very simply, Kevin is excluding any stock where company insiders are net sellers) P/E P/E See: Price/earnings ratio using 12 mo. Forward EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. Estimates less than or equal to 65 (that's right, 65) Percent change Actual EPS Q0/Q-1 greater than or equal to 0 (positive EPS growth this quarter over last) and % Change Actual EPS Q-1/Q-2 greater than or equal to 0 (positive EPS growth last quarter over the one before that) (In other words, two quarters of positive EPS growth.) Percent change Actual EPS F0/F-1 greater than or equal to 0 (positive EPS growth this year over last) 5 Year Historical EPS Growth greater than or equal to 17 (yes, 17) Last EPS Surprise greater than or equal to 0 (no negative surprises allowed) Price/Sales ratio Price-to-sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the company's revenue in the most recent fiscal year (or the most recent four fiscal quarters); or, equivalently, divide the per-share less than or equal to 4 (actually, Kevin had great success with the Price/Sales ratio being between 2, 3 and 4, but he went with 4 because it didn't narrow down the stock selection so much, ... but if you want to narrow it down, tighten the ratio up a bit) And finally, the stocks all had to be trading at a minimum of $3 or more. (The median price for the stocks that qualified this week is $40.56) The Results: Over the last two years, this strategy has shown an average annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. gross return in excess of 60%. This strategy in rebalanced monthly and holds on average of only 6 stocks at a time. And it has an impressive 75% win ratio (winning periods), with very low relative volatility. And it's doing phenomenal so far again this year. Here's a few on that list this week:
BFAM Bright Horizons Family Solutions
IBCP Independent Bank Corp.
SIB Staten Island Bancorp
To get the other stocks on that list or to start following this winning screening strategy on your own, sign up for your free trial to the Research Wizard now. http://researchwiz.zacks.com About Screen of the Week Zacks.com created the first and best screening system on the web and that's what earned us the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why we created the Screen of the Week to highlight profitable stock picking strategies that you can actively employ on your own. Each week we share a new screening strategy in our Profit from the Pros free email newsletter. Learn more about it here http://sotw.zacks.com. About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://freepfp2.zacks.com 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. |
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