Zacks Buy List Highlights: Psychiatric Solutions, Inc., Golden West Financial Corporation, Olympic Steel, Inc., and Marinemax, 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 Psychiatric Solutions, Inc. (Nasdaq:PSYS PSYS Pressure Systems (weather forecasts) PSYS Pseudo System PSYS Public Access Catalog System ), Golden West Financial Corporation (NYSE NYSE See: New York Stock Exchange :GDW GDW Game Designers' Workshop (wargame and roleplaying game company) GDW Ginga Densetsu Weed (manga/anime) GDW Genau Dann Wenn (German: If and Only If) GDW globally distributed work ), Olympic Steel, Inc. (Nasdaq:ZEUS), and Marinemax, Inc. (NYSE:HZO HZO Herpes Zoster Ophthalmicus ). 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 - Psychiatric Solutions, Inc. (Nasdaq:PSYS) Psychiatric Solutions, Inc., the leading provider of inpatient behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or care services, has been benefiting from favorable industry trends. Over the past five years, PSYS has enjoyed 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. earnings growth of 49.64%. Looking forward, analysts have raised their forecasts for both 2006 and 2007. Growth & Income - Golden West Financial Corporation (NYSE:GDW) Golden West Financial Corporation generated record earnings, deposits and loan originations in 2005. In doing so, GDW achieved its 9th consecutive year of profit growth. The company also has an impressive streak of earnings surprises, having topped analysts' expectations for eight consecutive quarters. Momentum - Olympic Steel, Inc. (Nasdaq:ZEUS) Traders and analysts aren't waiting for the next earnings report at Olympic Steel, Inc. ZEUS expects to report earnings for the quarter ended Mar 2006 on Apr 27, but traders and analysts aren't waiting. Ahead of the earnings report, one analyst has already upped his FY 2006 estimate to $2.50 per share from $2.40. And traders are bidding up Bidding up Moving the bid price higher. the stock into new high ground. Value - Marinemax, Inc. (NYSE:HZO) Marinemax, Inc., a Zacks #1 Rank stock, raised its fiscal 2006 earnings per share guidance back in mid-January. The company's revised outlook was fueled by its completed acquisition of the Port Arrowhead Group. Furthermore, HZO announced the increase of its credit capacity. Analysts' earnings estimates have been trending higher for both fiscal 2006 and fiscal 2007. The company has a price-to-book (P/B P/B See: Price to book ratio ) multiple of 2.1. 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 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 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 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 to buy or sell any security. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion