Zacks Buy List Highlights: China Life Insurance Company Ltd., Telenor ASA, Garmin, Ltd., and Building Materials Holding Corporation.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 China Life Insurance Company Ltd. (NYSE NYSE See: New York Stock Exchange :LFC LFC Liverpool Football Club LFC Lake Forest College (Lake Forest, IL) LFC Level of Free Convection (meteorology) LFC Large Format Camera LFC Load Frequency Control ), Telenor ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and (Nasdaq:TELN), Garmin, Ltd. (Nasdaq:GRMN), and Building Materials Holding Corporation Building Materials Holding Corporation (NYSE: BLG) located in San Francisco, California is a holding company engaged, through its wholly owned subsidiaries, BMC West and SelectBuild Construction in the distribution and usage of building materials, selling primarily to (Nasdaq:BMHC BMHC Bear Mountain Hockey Club (New York) ). 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 - China Life Insurance Company Ltd. (NYSE:LFC) China Life Insurance Company Ltd. is the market leader in China's life insurance industry. Even though the stock has had an excellent run over the past year, it is still attractively valued. LFC is trading at 17.3x 2006 earnings estimates of $2.69 per share, which is well below the company's long-term growth rate of 27.95%. This gives the stock a PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). of 0.62. Estimates for 2006 have increased 9.3% over the past 30 days. Growth & Income - Telenor ASA (Nasdaq:TELN) Telenor ASA recently issued 2006 revenue guidance above analysts' estimates, fueled by the company's impressive fourth quarter and full year. TELN has a ROE of 16%, compared to 11% for the industry. The company is currently yielding 1.8% and has a five-year average dividend yield of 1.2%. Earnings per share are forecasted to grow 12.0% over the next 3-5 years. Momentum - Garmin, Ltd. (Nasdaq:GRMN) Garmin, Ltd. is a navigation stock that hasn't lost its way. Imagine a company with no earnings disappointments for the last 16 quarters. Earnings, sales and income all show strong growth. And analysts are nearly united in raising next year's estimates. That company might well look like Garmin. Value - Building Materials Holding Corporation (Nasdaq:BMHC) Building Materials Holding Corporation, a Zacks #1 Rank stock, reported record 2005 sales and profits in early February. The company topped analysts' estimates in seven of the past eight quarters. Earnings per share grew 41.9% over the past five years. Analysts' earnings estimates have shot upwards for BMHC. The company has a price-to-book (P/B P/B See: Price to book ratio ) multiple of 2.2 and a PEG ratio of 0.59. 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 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! 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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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