Zacks Buy List Highlights: Broadcom Corporation, Greenhill & Co., Inc., ICOS Vision Systems Corporation, and Steven Madden, Ltd.CHICAGO -- Zacks.com releases another list 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 Broadcom Corporation (Nasdaq:BRCM BRCM Broadcom Corporation (stock abbreviation, AMEX) BRCM Master Chief Boilermaker (USN rating) ), Greenhill & Co., Inc. (NYSE NYSE See: New York Stock Exchange :GHL GHL Guideline Harvest Level (commercial fishing) GHL Greenland Halibut ), ICOS Vision Systems Corporation (Nasdaq:IVIS IVIS International Veterinary Information Service IVIS Interactive Video Information System IVIS Intervehicular Information System IVIS Inter-Vehicular Information System IVIS Integrated Vehicular Information System IVIS in Vehicle Information System ), and Steven Madden mad·den v. mad·dened, mad·den·ing, mad·dens v.tr. 1. To make angry; irritate. 2. To drive insane. v.intr. To become infuriated. , Ltd. (Nasdaq:SHOO). 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 of today's Zacks Rank Buy Stocks: Aggressive Growth - Broadcom Corporation (Nasdaq:BRCM) Broadcom has exceeded earnings estimates for 13 consecutive quarters, with eight different analysts raising their numbers for 2006. Over the past 30 days, 2006 estimates have risen 25.6% to $2.16 per share. Growth & Income - Greenhill & Co., Inc. (NYSE:GHL) Greenhill & Co., Inc. topped the consensus earnings estimate in four of the past five quarters. Earnings per share are forecasted to grow 16.0% over the next 3-5 years. The Zacks #1 Rank stock has a very attractive return on equity of 42%, compared to the industry average of 16%. The company recently increased its quarterly dividend by 33.3% to 16 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. . Momentum - ICOS Vision Systems Corporation (Nasdaq:IVIS) ICOS Vision System, a Zacks #1 Rank stock, exploded to new highs on heavy volume after delivering a 10.8% earnings surprise. After the report was released, IVIS gapped upward into new ground and closed 5% higher for the day. Long-term technical indicators technical indicator A variable used when technically analyzing the market to determine when to invest and which stocks to select. Technical indicators include chart formations, volume, and odd-lot sales. turned bullish on IVIS several days before the release of the report with Moving Average Convergence Divergence (MACD MACD Moving Average Convergence/Divergence MACD Michigan Association of Conservation Districts MACD Move Add Change or Delete MACD Medium Access Control Device ), a favorite trend indicator of ours, turning up on Feb 14, 2006. Value - Steven Madden, Ltd. (Nasdaq:SHOO) Steven Madden, Ltd. recently raised its full-year 2005 earnings per share guidance. Analysts' earnings estimates have been on the rise for the current quarter as well as for 2005 and 2006. This Zacks #1 Rank stock has a price-to-book ratio of 2.4. The company's preliminary results for the fourth quarter of 2005 are encouraging. 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 For over 17 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time 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 +33%. 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 155.5% annually (+4.6% 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. The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors. 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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work 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 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 to buy or sell any security. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion