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Zacks Buy List Highlights: NS Group, Inc., Patterson-UTI Energy, Inc., Trident Microsystems, and United Online.


CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted cov·et  
v. cov·et·ed, cov·et·ing, cov·ets

v.tr.
1. To feel blameworthy desire for (that which is another's). See Synonyms at envy.

2. To wish for longingly. See Synonyms at desire.
 Zacks #1 Rank (Strong Buy) List. The #1 Rank stocks highlighted today are NS Group, Inc. (NYSE NYSE

See: New York Stock Exchange
:NSS (Novell Storage Services) A 64-bit file system introduced with NetWare 5 that can support terabyte-sized files. NSS files and standard NetWare files can be used in the same server. See NetWare 5.

1. (networking) NSS - Nodal Switching System.
) and Patterson-UTI Energy Company Profile
Patterson-UTI Energy, Inc. provides onshore contract drilling services to exploration and production companies in North America. The Company owns 403 land-based drilling rigs that operate in oil and natural gas producing regions of Texas, New Mexico,
, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:PTEN PTEN Protein Tyrosine Phosphatase
PTEN Phosphatase and Tensin Homolog
PTEN Prime Time Entertainment Network (television network) 
). Further, Zacks announced #2 Rankings (Buy) on two other widely held stocks: Trident Microsystems Trident Microsystems is a supplier of display-processors for flat panel displays (plasma, LCD, etc.). At one time, Trident was also a supplier of PC graphics chipsets and sound controllers. , Inc. (NASDAQ:TRID TRID Training Requirement Identification Display
TRID Transaction Identifier
TRID Trident Display
) and United Online, Inc. (NASDAQ:UNTD). To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88

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%.

Here is a synopsis of why NSS and PTEN have a Zacks Rank of 1. Note that a #1 Strong Buy rating is applied to only 5% of all the stocks Zacks ranks:

NS Group, Inc. (NYSE:NSS) earnings estimates for the year ending December 2005 climbed 61 cents, or 12%, from two months ago. In late July, the company released its second-quarter reported, which stated that demand for and pricing of its energy products continued to benefit from the healthy drilling environment that exists in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The report included earnings per share of $1.65, an improvement over last year's earnings for the second quarter. The result also topped the consensus estimate of $1.28 per share.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) announced second-quarter earnings of 45 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.
 in late July, more than tripling last year's 12 cents and exceeding the consensus estimate by almost 10%. The company commented that customer demand for its drilling services has continued to increase and available land drilling rigs remain scarce, resulting in further improvement in pricing for these services. Analysts have issued upward revisions of full year 2005 earnings estimates. Current estimates of $1.99 per share are above one month ago levels by 10 cents, or about 5%.

Here is a synopsis of why TRID and UNTD have a Zacks Rank of 2 (Buy). Note that a #2 Buy rating is applied to 15% of all the stocks ranked by Zacks:

Trident Microsystems, Inc. (NASDAQ:TRID) posted fiscal fourth-quarter pro forma earnings pro forma earnings

Income not necessarily calculated in accordance with generally accepted accounting principles. For example, a company might report pro forma earnings that exclude depreciation expense and nonrecurring expenses such as restructuring costs.
 of nine cents per share in late July, outperforming last year's two cents and surpassing the consensus estimate by almost 29%. The company noted that as it looks into 2006 its prospects for market share expansion are promising. Earnings estimates for the year ending June 2006 moved up 23 cents, or about 35%, from two months ago.

United Online, Inc. (NASDAQ:UNTD) reported second-quarter adjusted earnings of 27 cents in early August. The result outpaced last year's 25 cents and was ahead of the consensus estimate by nearly 4%. The company mentioned that its strong quarterly performance, which resulted in its 16th consecutive quarter of record revenues, was driven by United Online's growing interactive content business. Full year 2005 earnings estimates advanced four cents, or almost 4%, over the past 60 trading days.

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 16 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 143.5% annually (+4.9% vs. +12%). 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 #1 Rank 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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a 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 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 16, 2005
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