Zacks Buy List Highlights: Abraxis BioScience, Inc., Lincoln Electric Holdings, Inc., Ezcorp Inc. and FirstFed Financial Corp.CHICAGO -- Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Abraxis BioScience, Inc. (Nasdaq:ABBI Advanced Breast Biopsy Instrument (ABBI) Uses a rotating circular knife and thin heated electrical wire to remove a large cylinder of abnormal breast tissue. Mentioned in: Fibrocystic Condition of the Breast ), Lincoln Electric Lincoln Electric NASDAQ: LECO is a company in Cleveland, Ohio, United States that manufactures arc welding equipment. They are a worldwide leader in production of welding equipment and have subsidiary companies around the globe, including recent strong growth in China. Holdings, Inc. (Nasdaq:LECO), Ezcorp Inc. (Nasdaq:EZPW), and FirstFed Financial Corp. (NYSE NYSE See: New York Stock Exchange :FED). Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +33% 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 see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88 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 today's Zacks Rank Buy Stocks: Aggressive Growth - Abraxis BioScience, Inc. (Nasdaq:ABBI) Abraxis BioScience, Inc. has exceeded estimates in 11 out of the past 16 quarters. Earnings estimates have been moving solidly higher. Over the past 60 days, this year's estimates have increased 11.7% to 86 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. , while next year's estimates have risen 14.9% to $1.16 per share. The stock is attractively valued at 20.7x next year's estimates, below the long-term growth rate of 22.50%, giving the stock a PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). of 0.92. Growth & Income - Lincoln Electric Holdings, Inc. (Nasdaq:LECO) Lincoln Electric Holdings, Inc. managed to beat the consensus estimate by an average margin of 7.85% over the past five consecutive quarters. In late April, the company posted first-quarter earnings of 86 cents per share, which topped analysts' expectations of 75 cents and exceeded the year-prior total. Sales reached a record $468.4 million, which compares to last year's $362.9 million. Momentum - Ezcorp Inc. (Nasdaq:EZPW) Ezcorp Inc. raised its guidance for the quarter that ended in June to between 35 and 37 cents per share, well above the consensus estimate of 22 cents. For the full year, EXPW EXPW Expressway raised its guidance to between $1.85 and $1.80, up about 12% from previous estimates. Noteworthy is the fact that EZPW had positive earnings surprises in six out of the last seven quarters. On Monday, EZPW took off like a rocket, gaining almost 14% on heavy volume. In addition to the explosive move, the stock set new 52-week high on Monday. Value - FirstFed Financial Corp. (NYSE:FED) FirstFed Financial Corp. has seen its earnings estimates rise dramatically. Over the past 60 days, this year's estimates have risen 12.5% to $6.28 per share, while next year's estimates have jumped 19.2% to $7.75 per share. The stock is attractively valued at 7.4x next year's estimates. Additionally, FED sports a return-on-equity of 19%, well above the industry's average of 9%. Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report, "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions," provides an insightful background about this wealth-building tool. Download your free copy of the report now to prosper in the years to come by visiting http://at.zacks.com/?id=93. About the Zacks Rank Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.82 million - equivalent to a 33% 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. return! 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 129.7% annually (+5.2% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks Rank Buy 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=90. 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 http://at.zacks.com/?id=91 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 & Poor's. 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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