Zacks Buy List Highlights: Gardner Denver, Inc., Freeport-McMoRan Copper & Gold, Inc., Herbalife, Ltd., and Infinity Property and Casualty 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 Gardner Denver, Inc. (NYSE:GDI), Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX), Herbalife, Ltd. (NYSE:HLF), and Infinity Property and Casualty Corporation (Nasdaq:IPCC).

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 - Gardner Denver, Inc. (NYSE:GDI)

Gardner Denver, Inc. has a history of easily surpassing the consensus estimate, having done so in each of the past 10 quarters. Three analysts raised their numbers for 2006, while two analysts increased their forecasts for 2007. Over the past 30 days, estimates for 2006 increased 25.5% to $4.28 per share. The stock is trading at 15.4x next year's estimates of $4.94 per share, in-line with the long-term growth rate of 15.50%.

Growth & Income - Freeport-McMoRan Copper & Gold, Inc. (NYSE:FCX)

Freeport-McMoRan Copper & Gold, Inc., a Zacks #1 Rank stock, topped the Street's earnings estimate for six straight quarters, most recently by 41.4%. Earnings per share are projected to grow 25.0% over the next 3-5 years. The company continues to pay out supplemental dividends in addition to its regular quarterly dividends. FCX is currently yielding 2.0% and has a five-year average dividend yield of 1.4%.

Momentum - Herbalife, Ltd. (NYSE:HLF)

Herbalife, Ltd., a Zacks #1 Rank Stock, has easily beaten the S&P 500 in its short market history. Last year, HLF grew by 100% while the S&P only grew 3.0%. For year-to-date 2006, HLF is up 24.6% and the S&P is up only 3.7%. The stock spent quite a while last Fall and this Winter pivoting around the $30 level, before beginning its most recent move, above $40, back in March.

Value - Infinity Property and Casualty Corporation (Nasdaq:IPCC)

Infinity Property and Casualty Corporation, a Zacks #1 Rank stock, increased revenues, expanded gross margins and grew profits for the past three years. Earnings per share are forecasted to grow 10.7% over the next 3-5 years. The company upped its 2006 earnings per share guidance in late April. IPCC is currently trading at a discounted valuation. The company has a price-to-book (P/B) multiple of only 1.3.

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About the Zacks Rank

For over 18 years, the 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.

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(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 of all dividends, no transaction costs, and represents the gross returns before management fees.

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