Zacks Buy List Highlights: Foundation Coal Holdings, Inc., Caterpillar, Inc., CNA Surety Corporation, and ChipMOS Technologies Ltd.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 Foundation Coal Holdings, Inc. (NYSE NYSE See: New York Stock Exchange :FCL FCL Facility (Security) Clearance FCL Full Container Load FCL Framework Class Library (Microsoft .NET) FCL Fault Current Limiter FCL Forecastle (ship's hull) ), Caterpillar, Inc. (NYSE:CAT), CNA (Certified NetWare Administrator) See Novell certification. Surety Corporation (NYSE:SUR Sur, Lebanon: see Tyre. ), and ChipMOS Technologies Ltd. (Nasdaq:IMOS IMOS Intended Military Occupational Specialty IMOS Integrated Modeling of Optical Systems ). 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 - Foundation Coal Holdings, Inc. (NYSE:FCL) Foundation Coal Holdings, Inc. has a history of smashing earnings estimates. The company has exceeded forecasts for the past five quarters by an average margin of 78%. Six analysts have raised their numbers for 2006 and 2007. Over the past 60 days, 2006 estimates have increased 10.4% to $2.23 per share. Also, 2007 estimates have risen 8.6% over the same time period. Growth & Income - Caterpillar, Inc. (NYSE:CAT) Caterpillar, Inc. recently announced record first-quarter profits and revenues. Earnings per share are projected to grow 14.5% over the next 3-5 years. The company has exceeded analysts' earnings estimates in four out of the past five quarters. CAT has a ROE of 37%, compared to the industry average of 24%. The company has a current dividend yield of 1.2% and a five-year average dividend yield of 2.3%. Momentum - CNA Surety Corporation (NYSE:SUR) CNA Surety Corporation set a six-year high on Monday with volume more than twice normal. The company just posted its eighth straight positive earnings surprise. The Momentum trader can clearly see a company with good prospects (eight straight positive earnings surprises) being recognized by the market (new six-year highs). Value - ChipMOS Technologies Ltd. (Nasdaq:IMOS) ChipMOS Technologies Ltd., a Zacks #1 Rank stock, recently topped the Street's earnings estimate by 22.7%. Earnings per share are forecasted to grow 25.0% over the next 3-5 years. Analysts' earnings estimates have been trending higher. The company's ROE doubles that of the industry average. IMOS has a price-to-book (P/B P/B See: Price to book ratio ) multiple of 1.6 and a PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). of 0.28. 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 18 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 129.7% annually (+5.2% vs. +11.9%). 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! 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. (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 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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