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Zacks Buy List Highlights: Evergreen Solar, Inc., Phillips-Van Heusen Corporation, Smith & Wesson Holding Corporation and Horace Mann Educators 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 Evergreen Solar Evergreen Solar, Inc., founded in 1994,[1] develops, manufactures and markets solar power products enabled by its String Ribbon technology that provide environmentally clean electric power throughout the world. , Inc. (Nasdaq: ESLR ESLR Expected Schoolwide Learning Results
ESLR Equivalent Slr
), Phillips-Van Heusen Corporation (NYSE NYSE

See: New York Stock Exchange
: PVH PVH Poudre Valley Hospital (Fort Collins, CO, USA)
PVH Phillips Van Heusen Corporation
PVH Pulmonary Venous Hypertension
PVH Pinocchio Village Haus (Walt Disney World)
PVH Peri-Ventricular Hemorrhage
), Smith & Wesson Smith & Wesson

U.S. gun manufacturer. The company has its roots in an 1852 partnership between Horace Smith (1808–93) and Daniel B. Wesson (1825–1906), who designed and marketed a lever-action, repeating magazine handgun that held a self-contained cartridge.
 Holding Corporation (Nasdaq: SWHC SWHC Scotch Whisky Heritage Centre (Edinburgh, UK) ), and Horace Mann Educators Corporation (NYSE: HMN HMN Hemmings Motor News ).

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.4% 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 - Evergreen Solar, Inc. (Nasdaq: ESLR)

Evergreen Solar, Inc. has exceeded earnings estimates in each of the past three quarters by an average of 20%. Two analysts have raised their numbers for this year while one has done so for next year. ESLR is still losing money, but next year's estimates have increased 12.5% to a loss of 14 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.
 over the past month.

Growth & Income - Phillips-Van Heusen Corporation (NYSE: PVH)

Phillips-Van Heusen Corporation, which was first presented as a Growth and Income pick on Jan 17, continues to beat analysts' earnings expectations. In fact, it has done so for 12 consecutive quarters. Furthermore, consensus estimates continue to climb higher. As a result, the company is a Zacks #1 Rank stock. PVH raised its full-year earnings per share guidance in late August. The company's return on equity more than triples that of the industry average.

Momentum - Smith & Wesson Holding Corporation (Nasdaq: SWHC)

On Sep 9, Smith & Wesson Holding Corporation reported earnings of eight cents per share, versus four cents last year. The surprise over analysts' consensus estimates was 14%. SWHC has been on a tear this year, up 249% for the year after a 125% increase in 2005. So long as SWHC continues to surprise analysts with earnings above forecast, this stock still looks to have strong momentum.

Value - Horace Mann Educators Corporation (NYSE: HMN)

Horace Mann Educators Corporation exceeded analysts' earnings expectations in eight out of the past 10 quarters, most recently by 28.9%. Solid results for the first half of 2006 prompted the company to boost its full-year earnings per share guidance. Consensus estimates have been trending higher for this Zacks #1 Rank stock. HMN has a price-to-book ratio of only 1.5, compared to 5.2 for the market. The company is currently yielding 2.2%.

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 $1.80 million - equivalent to a 32.4% 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 145.9% annually (+4.7% vs. +11.6%). 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.

(*)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 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Oct 12, 2006
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