Zacks Buy List Highlights: Hittite Microwave Corporation, PACCAR, Inc., Tidewater, Inc. and Sciele Pharma, Inc.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 Hittite Microwave Corporation (Nasdaq: HITT HITT Heparin-induced thrombocytopenia/thrombosis, see there ), PACCAR PACCAR Pacific Car and Foundry Company (former railroad car manufacturer now parent corp of Peterbilt & Kenworth Truck) , Inc. (Nasdaq: PCAR PCAR Pennsylvania Coalition Against Rape PCAR Post Contract Award Review ), Tidewater tidewater, in U.S. history, that part of the Atlantic coastal plain between the shoreline and the farthest upstream points in rivers reached by oceanic tides. In many cases the fall line is given as the western boundary. , Inc. (NYSE NYSE See: New York Stock Exchange : TDW TDW Total Diamond Weight TDW Telecommunications Data Warehouse TDW Tower Display Workstation (FAA) TDW Tonnage Dead Weight TDW Training Development Workload TDW Time/Data Word TDW Turbo Debugger for Windows ), and Sciele Pharma, Inc. (Nasdaq: SCRX). Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.8% 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 - Hittite Microwave Corporation (Nasdaq: HITT) Hittite Microwave Corporation is in a sweet spot in the semiconductor industry. The company has comfortably exceeded earnings estimates in seven straight quarters. Five analysts have raised their estimates for this year. Over the past week, this year's earnings estimates have increased six cents to $1.56 per share, while next year's numbers have risen seven cents to $1.69 per share. Growth & Income - PACCAR, Inc. (Nasdaq: PCAR) PACCAR, Inc. has returned more than 43% since it was last highlighted as a Growth and Income stock on Oct 26. The company is still a Zacks #1 Rank stock due to its strong history of exceeding the Street's earnings expectations coupled with rising profit forecasts. The Board of Directors recently approved an increase of the regular quarterly dividend to 25 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. from 20 cents. PCAR has a current dividend yield of 0.94%. Momentum - Tidewater, Inc. (NYSE: TDW) On Apr 26, Tidewater, Inc. reported fiscal fourth-quarter earnings of $1.56 per share, up from $1.11 in the prior-year quarter and nine cents above expectations. Tidewater has exceeded analysts' estimates by an average of 8.1% over the last 10 consecutive quarters. In response to the latest earnings report, TDW rose to record highs on strong volume. Value - Sciele Pharma, Inc. (Nasdaq: SCRX) Sciele Pharma, Inc. met or beat analysts' earnings expectations in 15 out of the past 16 quarters. After reporting solid first-quarter results, the company raised its full-year revenue and profit guidance. Analysts have been upping their profit forecasts as a result. SCRX recently announced it will acquire Alliant Pharmaceuticals, Inc. The company has a price-to-book ratio of 2.2 and its PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). currently sits at 0.56. 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 $1.77 million - equivalent to a 31.8% 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 143.6% annually (+4.8% 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. 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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