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Zacks Buy List Highlights: Matsushita Electric Industrial Co., Ltd., Burlington Northern Santa Fe Corporation, CryptoLogic, Inc., and NewMarket 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 Matsushita Electric Industrial Co., Ltd. (NYSE NYSE

See: New York Stock Exchange
:MC), Burlington Northern Santa Fe Santa Fe, city, Argentina
Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal.
 Corporation (NYSE:BNI BNI Business Network International
BNI Business Networking International
BNI Bank Negara Indonesia
BNI Bechtel National, Inc.
BNI British Nursing Index
BNI Barrow Neurological Institute (Phoenix, AZ) 
), CryptoLogic cryp·tol·o·gy  
n.
The study of cryptanalysis or cryptography.



crypto·log
, Inc. (Nasdaq:CRYP CRYP Cheyenne River Youth Project (Eagle Butte, SD) ), and NewMarket Corporation (NYSE:NEU NEU Neutral
NEU Northeastern University (Boston, MA, USA)
NEU Near East University (North Cyprus, Turkey)
NEU Northeast University (China) 
).

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 - Matsushita Electric Industrial Co., Ltd. (NYSE:MC)

Matsushita Electric Industrial Co., Ltd. is continuously making efforts to invest in key strategic businesses. The stock is cheap at 30.1x next year's estimates of 77 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.
 when the 40.3% long-term growth rate is taken into account. This gives the stock a PEG ratio PEG Ratio

See: Prospective earnings growth ratio


PEG ratio

See price-earnings/growth ratio (PEG ratio).
 of 0.75, which is attractive given the company's foothold in a rapidly growing market.

Growth & Income - Burlington Northern Santa Fe Corporation (NYSE:BNI)

Burlington Northern Santa Fe Corporation has topped the consensus earnings estimate in nine consecutive quarters. In late-January, the company posted record quarterly and annual revenues and EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. . Earnings per share are forecasted to grow 14.2% over the next 3-5 years. The company upped its capital commitment in 2006 by nearly 10%. BNI has a current dividend yield of 1.0% and a five-year average dividend yield of 1.6%.

Momentum - CryptoLogic, Inc. (Nasdaq:CRYP)

Cryptologic's short-term trend Short-term trend

Erratic price movements that last less than three weeks.
 is higher, but overhead resistance must be watched on further advances. While the trend is clearly up for CRYP, there exists significant and recent resistance above the current price, particularly in a band between $30 and $35. When looking at resistance points, pay particular attention to the length of time that has occurred between the establishment of the resistance range and the current market. Simply put, the more recent the resistance, the more potent that it can be expected to be.

Value - NewMarket Corporation (NYSE:NEU)

NewMarket Corporation, a Zacks #1 Rank stock, has topped earnings estimates in the past three quarters. The company has increased revenues for the past three years while expanding gross margins for the past four. NEU has a current dividend yield of 1.2% and a price-to-book (P/B P/B

See: Price to book ratio
) multiple of 2.7.

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 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 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 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 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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Publication:Business Wire
Date:Apr 13, 2006
Words:933
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