Zacks Buy List Highlights: CSG Systems International, NutriSystem, Amkor Technology and SiRF Technology.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 CSG CSG - constructive solid geometry Systems International, 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 :CSGS CSGS Computer Systems Group Software ) and NutriSystem, Inc. (NASDAQ:NTRI NTRI NCP/Token Ring Interconnection (Cisco) NTRI Narrowband Telecommunications Research, Inc. NTRI Ncp Token Ring Interconnection ). Further, Zacks announced #2 Rankings (Buy) on two other widely held stocks: Amkor Technology Amkor Technology, Inc. (NASDAQ: AMKR) is a high-tech semiconductor product manufacturer that includes Intel and IBM among its primary customers. Previously headquartered in West Chester, Pennsylvania, United States, Amkor recently announced that it will move to Chandler, , Inc. (NASDAQ:AMKR AMKR Amkor Technology ) and SiRF Technology Holdings, Inc. (NASDAQ:SIRF). 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 +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%. Here is a synopsis of why CSGS and NTRI have a Zacks Rank of 1. Note that a #1 Strong Buy rating is applied to only 5% of all the stocks Zacks ranks: CSG Systems International, Inc. (NASDAQ:CSGS) said it executed on all fronts during the third quarter by continuing to migrate customer to its new billing platform ACP (Associate Computing Professional) The award for successful completion of an examination in computers offered by the ICCP. It is geared to newcomers in the computing field. For more information, visit www.iccp.org. ACP - Algebra of Communicating Processes , increasing the penetration of its ancillary products and services, and adding new subscribers. Income from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of 30 cents per diluted share marked a positive earnings surprise of 20%. Total revenues from continuing operations reached $96.8 million, or a year-over-year increase of 7%. For full year 2005, CSG Systems expects revenues from continuing operations of between $388-$391 million, and income from continuing operations per share of $1.13-$1.14. In just the past seven trading days, earnings estimates for 2005 have improved 12 cents, or about 13%. NutriSystem's (NASDAQ:NTRI) earnings estimates for 2005 have moved upward 10 cents, or about 22%, in the past seven trading days. For its third quarter, NutriSystem reported earnings per share of 19 cents, a strong year-over-year gain from breakeven breakeven 1. The level of output or sales necessary to cover fixed expenses. Companies in industries that have high fixed costs and, consequently, high breakevens, such as automobile and steel manufacturing, are likely to exhibit large fluctuations and a positive earnings surprise of almost 19%. Revenues surged by 743% to $64.5 million, thanks to the effectiveness of the company's marketing programs. NTRI said the combination of higher than expected new customer counts and lower than expected customer acquisition costs underscores the momentum its beginning to see. The company, which now expects full year 2005 revenues to eclipse $200 million, believes its on track for a great 2006. Here is a synopsis of why AMKR and SIRF have a Zacks Rank of 2 (Buy). Note that a #2 Buy rating is applied to 15% of all the stocks ranked by Zacks: Amkor Technology, Inc. (NASDAQ:AMKR) has taken steps to reduce costs and accelerate its return to profitability over the past several months, and its third quarter report underscores that effort. Late last month, the company posted a third-quarter loss of 11 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. , which was narrower than the previous year's loss of 13 cents and better than the consensus by almost 39%. Furthermore, sales reached $550 million, which marked a 12% improvement on both a year-over-year and sequential basis. For the fourth quarter, Amkor Technology expects results to range between a loss of two cents and a profit of two cents per share. Analysts continue to expect a loss per share for this year, but the consensus estimate has narrowed significantly in the past seven trading days. SiRF Technology Holdings, Inc. (NASDAQ:SIRF) earnings estimates for the year ending in December are up nine cents, or approximately 18%, in the past seven trading days. For the third quarter, SiRF Technology posted earnings per share of 26 cents on net revenue of $48.3 million. The earnings result was almost 86% better than the consensus while revenues advanced 56% from $31 million in the third-quarter 2004. SiRF Technology stated that its record revenue and earnings per share is based on its rapidly growing and sustained demand for GPS-enabled location products driven by the company's market-leading GPS technology. 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 +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 #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. 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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. |
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