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Zacks Buy List Highlights: C.H. Robinson Worldwide, Inc., Goodrich Corporation, Intersil Corporation, and j2 Global Communications, Inc.


CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted cov·et  
v. cov·et·ed, cov·et·ing, cov·ets

v.tr.
1. To feel blameworthy desire for (that which is another's). See Synonyms at envy.

2. To wish for longingly. See Synonyms at desire.
 Zacks #1 Rank (Strong Buy) List. The #1 Rank stocks highlighted today are C.H. Robinson Worldwide, Inc. (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
:CHRW CHRW C.H. Robinson Worldwide (stock symbol) ) and Goodrich Corporation Goodrich Corporation (formerly the B.F. Goodrich Company) NYSE: GR, is an American aerospace manufacturing company based in Charlotte, North Carolina. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Dr. Benjamin Franklin Goodrich.  (NYSE NYSE

See: New York Stock Exchange
:GR). Further, Zacks announced #2 Rankings (Buy) on two other widely held stocks: Intersil Corporation (NASDAQ:ISIL ISIL International Society for Individual Liberty
ISIL Interim Support Items List
ISIL Intelligence Systems Integration Laboratory (Ft. Huachuca, Arizona; US Army facility for integrating intelligence systems) 
) and j2 Global Communications j2 Global Communications (Nasdaq:JCOM) is a company based in Hollywood, California that offers messaging and communications services. Its most popular service is called "eFax", which allows users to send and receive faxes via the Internet. j2 was previously called JFAX. , Inc. (NASDAQ:JCOM JCOM Journal of Clinical Outcomes Management ). To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.8% 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%.

Here is a synopsis of why CHRW and GR have a Zacks Rank of 1. Note that a #1 Strong Buy rating is applied to only 5% of all the stocks Zacks ranks:

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) recently reported second-quarter earnings of 57 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.
, improving on last year's 37 cents and exceeding the consensus estimate by about 16%. The company mentioned that its new and expanded carrier relationships gave it the capacity it needed to efficiently meet its customers' needs. Earnings estimates for the year ending December 2005 climbed five cents, or almost 3%, over the past seven trading days.

Goodrich Corporation (NYSE:GR) recently released its second-quarter earnings report in which it announced a full year 2005 increase in earnings guidance. The company cited its strong first half performance and the improving demand for its products as reasons for the improved forecast. Over the past three months, analysts revised 2005 earnings estimates upward by three cents, or almost 2%. GR's earnings per share for the second quarter were ahead of the consensus estimate by about 4% and outpaced the year prior result.

Here is a synopsis of why ISIL and JCOM have a Zacks Rank of 2 (Buy). Note that a #2 Buy rating is applied to 15% of all the stocks ranked by Zacks:

Intersil Corporation (NASDAQ:ISIL) recently posted non-GAAP earnings of 15 cents per diluted share for the second quarter, which exceeded the consensus estimate by about 7%. The company said that of its 40 product families, a significant percentage showed growth from the previous quarter, and in total, three of its four end markets grew from the first quarter. ISIL expects third-quarter earnings of 17 cents per share as does Wall Street. Analysts increased earnings estimates for the third quarter by approximately 6% over the past seven trading days.

j2 Global Communications, Inc. (NASDAQ:JCOM) recently announced second-quarter earnings of 46 cents per share, surpassing last year's 29 cents and exceeding the consensus estimate by almost 10%. The company stated that during this quarter, it saw a significant increase in usage, particularly from its 'power' users and those selecting its eFax Pro service. JCOM raised its earnings guidance for fiscal 2005 and analysts followed suit. Earnings estimates for the year ending December 2005 are above one week ago levels by 10 cents or almost 6%.

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 16 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 +32.8%. 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 (+4.65% vs. +11.88%). 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 #1 Rank 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.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 3, 2005
Words:1002
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