Zacks' Discount Fundamental Strength strategy highlights AZZ incorporated, Belden CDT Inc., Gibraltar Industries, and MGP Ingredients.CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for four consecutive years, including a 31% gain in 2004. During the first-half of 2005, this strategy has continued to handedly beat the S&P 500. Four stocks that currently have both fundamental strength and discounted valuations are AZZ incorporated (NYSE NYSE See: New York Stock Exchange :AZZ), Belden CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT Inc. (NYSE:BDC (Backup Domain Controller) In a Windows NT server, a copy of the Primary Domain Controller (PDC). The BDC is periodically synchronized with the PDC. See PDC. BDC - Backup Domain Controller ), Gibraltar Industries, Inc. (Nasdaq:ROCK), and MGP (Monochrome Graphics Printer port) A display adapter that employs Hercules Graphics and a parallel printer port on the same expansion board. Ingredients, Inc. (Nasdaq:MGPI MGPI Multiple Grants per Interval ). View the entire list of stocks for the Discounted Fundamental Strength Profit Track at http://at.zacks.com/?id=2142. Here are details about four companies currently identified by the Discounted Fundamental Strength Profit Track: AZZ incorporated (NYSE:AZZ), a manufacturer of electrical products and a provider of galvanizing galvanizing, process of coating a metal, usually iron or steel, with a protective covering of zinc. Galvanized iron is prepared either by dipping iron, from which rust has been removed by the action of sulfuric acid, into molten zinc so that a thin layer of the zinc services, recently announced unaudited fiscal third-quarter earnings of 30 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . The result eclipsed last year's 22 cents. The company commented that on a year to date basis, its revenues and income are improving at a rate that exceeded its original internal targets and previously issued guidance. AZZ has low levels of debt as evidenced by its debt/equity level of .21 and a current ratio of 1.87. Belden CDT Inc. (NYSE:BDC), one of the largest U.S.-based manufacturers of high- speed electronic cables, has a PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). of 0.88 and a price/sales multiple of 0.87. BDC will report earnings for the fourth quarter in the beginning of February. In early November, the company announced third-quarter earnings of 37 cents per share, excluding items. The result outpaced analysts' expectations by nearly 6%. Gibraltar Industries, Inc. (Nasdaq:ROCK) sports a PEG ratio of 0.81 and a price/sales multiple of 0.70. In late October, the company posted third-quarter earnings of 43 cents per share, which matched the consensus estimate. Sales increased to $282 million from the previous year's third-quarter total of $267 million. Gibraltar Industries will release financial results for the fourth quarter in early February. MGP Ingredients, Inc. (Nasdaq:MGPI) is pioneer in producing and marketing value-added proteins and starches starch n. 1. A naturally abundant nutrient carbohydrate, (C6H10O5)n, found chiefly in the seeds, fruits, tubers, roots, and stem pith of plants, notably in corn, potatoes, wheat, and rice, and derived primarily from wheat. This company, meets the criteria of this Profit Track with its current ratio of 1.98 and a debt/equity level of .12. In early November, the company released fiscal first-quarter earnings of 23 cents per share. The result was ahead of the consensus estimate by almost 92% and topped the year ago total. MGPI mentioned that its improved first quarter performance was driven by increased sales of distillery products. Second-quarter results will be available in early February. Discover all the current stocks currently on the Discounted Fundamental Strength Profit Track at: http://at.zacks.com/?id=2143. About Profit Tracks What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2004, the Upgrades and Revisions strategy was the top performing Profit Track with a return of +55.7% followed by the Low Price Stocks screen with a +54.8% return. To see all nine strategies along with philosophy, past performance, and current stocks, go to http://at.zacks.com/?id=1838 All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. . If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=2156 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=1841 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. (a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index . The S&P 500 includes the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. 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 solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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