Printer Friendly
The Free Library
18,914,768 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Zacks Buy List Highlights: Alvarion, Ltd., Air Products and Chemicals, Inc., Novelis, Inc. and National Oilwell Varco, Inc.


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 Alvarion, Ltd. (Nasdaq: ALVR), Air Products and Chemicals, Inc. (NYSE NYSE

See: New York Stock Exchange
: APD APD atrial premature depolarization (see atrial premature complex, under complex ); pamidronate. ), Novelis, Inc. (NYSE: NVL NVL

no visible lesion. Said of cows that react positively to a tuberculin test but no lesions can be found in them at autopsy.
), and National Oilwell Varco “NOV” redirects here. For other uses, see NOV (disambiguation).
"Nov" redirects here. For the month, see November.

National Oilwell Varco (NOV) is a multinational corporation based in Houston, Texas, which manufactures land-based and offshore oil
, Inc. (NYSE: NOV judgment notwithstanding the verdict (N.O.V.) n. reversal of a jury's verdict by the trial judge when the judge believes there was no factual basis for the verdict or it was contrary to law. The judge will then enter a different verdict as "a matter of law. ).

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.8% 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 of today's Zacks Rank Buy Stocks:

Aggressive Growth - Alvarion, Ltd. (Nasdaq: ALVR)

Alvarion, Ltd. has easily exceeded earnings expectations in each of the past four quarters. The average surprise has been over 50% over that time period. Two analysts have raised their forecasts for this year. 2007 estimates have increased 14% over the past week. Similarly, first-quarter estimates have jumped 25% over the past week.

Growth & Income - Air Products and Chemicals, Inc. (NYSE: APD)

Air Products and Chemicals, Inc. topped analysts' earnings expectations for seven straight quarters, most recently by 9.6% in the first quarter of fiscal 2007. The company raised its full-year earnings per share guidance after delivering strong first-quarter results. Analysts responded by upping their profit forecasts for both this year and next. APD has a current dividend yield of 1.8% and a five-year average dividend yield of 2.0%.

Momentum - Novelis, Inc. (NYSE: NVL)

Hindalco Industries Hindalco Industries is one of India's largest material-related company and is a subsidiary of the Aditya Birla Group. It is run by one of the world's youngest billionaires, Mr. K.M. Birla. Financial information
The company has annual sales of $ 2.
 has made a $3.6 billion bid to acquire Novelis, Inc. Buying takeover candidates is certainly a risky process. But with multiple potential buyers and a breakaway trading gap trading gap

A period of time during which a security is not traded because of a wide gap between the bid and ask or because of an official halt triggered by a technical factor, such as the expected release of a major news story relating to the security.
, Novelis looks worth the risk. NVL first became interesting on Jan 5, when the company made a new 52-week high. NVL again gapped higher on historic volume on Monday.

Value - National Oilwell Varco, Inc. (NYSE: NOV)

National Oilwell Varco, Inc. recently released strong results for both the fourth quarter and full year of 2006, sending earnings estimates up considerably over the past seven days. This Zacks #1 Rank stock has exceeded analysts' earnings expectations for the past four quarters by an average margin of 14.7%. NOV has a price-to-book ratio of 2.3, compared to 4.9 for the market. Its PEG ratio PEG Ratio

See: Prospective earnings growth ratio


PEG ratio

See price-earnings/growth ratio (PEG ratio).
 currently resides at 0.47.

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 $1.77 million - equivalent to a 31.8% 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 143.6% annually (+4.8% vs. +11.8%). 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 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.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 14, 2007
Words:895
Previous Article:Catalonian Government Plans to Test Mobile WiMAX Using Alvarion's BreezeMAX(TM).
Next Article:Philips cardiovascular technology earns prestigious KLAS awards for the second consecutive year.
Topics:



Related Articles
National Oilwell Varco to Appeal Decision of Norwegian Competition Authority.
National Oilwell Varco Chosen to Supply Equipment for Drillship.
National Oilwell Varco to Supply Equipment for Transocean Drillship.
Zacks Buy List Highlights: National-Oilwell Varco, Inc., Tidewater, Inc., Ameris Bancorp, and Carlisle Companies Incorporated.
National Oilwell Varco Announces Retirement of James Woods from Board of Directors.
Zacks PEG Ratio Strategy highlights: Houston Wire & Cable Company, National Oilwell Varco, Steelcase Inc. and W-H Energy Services.
Zacks Analyst Interview Highlights: ConocoPhillips, Baker-Hughes, Halliburton and National Oilwell Varco.
Zacks PEG Ratio Strategy Highlights: GigaMedia Ltd., The Manitowoc Company, National Oilwell Varco, Incorporated and Spirit AeroSystems Holdings.
Zacks Buy List Highlights: Penson Worldwide, Microchip Technology, Medco Health Solutions and National Oilwell Varco.
Zacks Buy List Highlights: Penson Worldwide, Microchip Technology, Medco Health Solutions and National Oilwell Varco.

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles