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Zacks #1 Rank Top Performers: TBS Int'l, Sun Hydraulics, Hudson Highland Group, Shanda Interactive and iMergent.



CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were TBS TBS Tablespoon
TBS Tokyo Broadcasting System, Inc.
TBS Treasury Board Secretariat (Canada)
TBS Tris-Buffered Saline
TBS Tris Buffered Saline
TBS Turn Based Strategy (games) 
 International Ltd. (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
: TBSI TBSI Tert-Butyl-2-Benzothiazyl Sulfenimide ), Sun Hydraulics hydraulics, branch of engineering concerned mainly with moving liquids. The term is applied commonly to the study of the mechanical properties of water, other liquids, and even gases when the effects of compressibility are small.  Corporation (NASDAQ: SNHY), Hudson Highland Group, Inc. (NASDAQ: HHGP HHGP Hudson Highland Group, Inc ), Shanda Interactive Entertainment (NASDAQ: SNDA SNDA Supplemental New Drug Application
SNDA Student National Dental Association
SNDA Subordination, Non-Disturbance and Attornment
SNDA Singapore Nutrition and Dietectics Association
SNDA Southern Nevada Darts Association (Las Vegas, Nevada) 
) and iMergent, Inc. (AMEX AMEX

See: American Stock Exchange
: IIG IIG In Ieder Geval (Dutch: Anyway)
IIG Iraqi Interim Government
IIG Indian Institute of Geomagnetism (Navi Mumbai, India)
IIG Infinity Incentive Group (Scottsdale, AZ) 
). Each of these stocks easily outperformed the S&P 500.

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.9% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%. To learn more about the Zacks Rank, go to http://at.zacks.com/?id=3172.

Here is a synopsis A summary; a brief statement, less than the whole.

A synopsis is a condensation of something—for example, a synopsis of a trial record.
 of the last week's best performing Zacks #1 Rank stocks.

TBS International Ltd. (NASDAQ: TBSI) reached 52-week highs on May 15 and May 16, following the announcement of a successful first-quarter performance. The ocean transportation services company reported total revenues of $70.8 million in the quarter, which was up 11% from the previous year's $63.8 million. Earnings per share improved year over year to 54 cents, excluding items, and beat the consensus by 35%. The company attributed the improvement to the continued market strength and the consistent implementation of its business strategy during prior years.

TBS International was the top performing Zacks #1 Rank company last week as shares soared 19.7%. Analysts' earnings estimates for this year are up to $2.35, marking advances of 35% and 8.3% over the past one month and seven days respectively.

Sun Hydraulics Corporation (NASDAQ: SNHY) was a top performing Zacks #1 Rank company for the second straight week. It gained 12.4% for the five days ended May 18 and reached 52-week highs on three occasions. Earlier this month, the company announced earnings per share of 53 cents on sales of $40.9 million for its first quarter. 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.  eclipsed the consensus by approximately 20.5% while sales increased 20% from $34.2 million. All of the company's business segments grew in the quarter, but European and Asian sales were particularly strong.

Earnings estimates for this year are up 14.7% in the past month. For its second quarter, Sun Hydraulics expects sales and earnings per share to advance approximately 11% and 36% respectively from a year ago. Sun Hydraulics is a leading designer and manufacturer of high performance screw-in hydraulic cartridge values and manifolds This is a list of particular manifolds, by Wikipedia page. See also list of geometric topology topics. For categorical listings see and its subcategories. Generic families of manifolds
  • Euclidean space, Rn
  • n-sphere, S
 for worldwide industrial and mobile markets.

Hudson Highland Group, Inc. (NASDAQ: HHGP) bucked history with a solid first-quarter performance, which included revenue of $337.9 million and net income of a penny per share. Revenue advanced 3.2% from the $327.3 million in the first quarter of 2006, and EPS reversed a year-ago loss while surging past the consensus by 106.7%. Shares of the company improved 11.3% last week and it reached 52-week highs on May 14, May 17 and May 18.

Hudson Highland Group is a leading provider of permanent recruitment, contract professionals and talent management services worldwide. Given the completion of its restructuring program, the company said its financial strength continues to build and it is well positioned for increased operating leverage Operating Leverage

A measurement of the degree to which a firm or project relies on fixed rather than variable costs.

Notes:
The higher the degree of operating leverage, the greater the potential danger from forecasting risk.
. Over the past month, earnings estimates for this year are up 16.9% to 76 cents.

Shanda Interactive Entertainment (NASDAQ: SNDA) improved 10.8% last week and reached a 52-week high, as the Chinese online video game company heads into its quarterly report later this month. Its improvement last week can be largely attributed to a broker upgrade. Analysts like the company's recent change in its revenue stream, whereby gamers are charged for certain features rather than the time that they play. This all comes in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?"
midmost
 of a growing online gamer base in China on which Shanda should be able to capitalize.

Earnings estimates for this year gained 8.5% over the past three months to $1.27, including a rise of 2.4% in the past week.

Shares of iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, gained 10.6% last week to become one of the top-performing Zacks #1 Rank companies. Earnings per share of 36 cents improved from 22 cents a year earlier and eclipsed the consensus by approximately 33%. Revenues surged 71% to $42.6 million from $25 million, fueled by an increase in the number of workshops in combination with the improvement in the percentage of attendees purchasing its software at its workshops.

iMergent expects the growth in its fiscal third quarter to continue for the remainder of fiscal 2007. It increased its expectations for fiscal 2007 annual growth of Net Dollar Volume of Contracts Written.

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of +31.9%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 131.8% annually (+5.2% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

To view the current Zacks #1 Rank List and to see additional Zacks Rank resources, go to http://at.zacks.com/?id=3173.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks Rank stocks and highlights those stocks poised to outperform Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

Notes:
Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy.
 the market. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 this free newsletter today by visiting http://at.zacks.com/?id=3168.

About Zacks

Zacks.com is a property of Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to http://at.zacks.com/?id=3169.

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 Zacks Performance Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect 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 dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money.

(b)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 & Poor's. The S&P 500 includes the reinvestment 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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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:May 22, 2007
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