Zacks Buy List Highlights: SiRF Technology Holdings, Inc., Rockwell Collins, Inc., Sonic Innovations, Inc. and Ceradyne, 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 SiRF Technology Holdings, Inc. (Nasdaq: SIRF), Rockwell Collins Rockwell Collins, Inc. (NYSE: COL) is a large United States-based international company headquartered in Cedar Rapids, Iowa, primarily providing aviation and information technology systems, solutions, and services to governmental agencies and aircraft manufacturers. , Inc. (NYSE NYSE See: New York Stock Exchange : COL), Sonic Innovations, Inc. (Nasdaq: SNCI SNCI Societe Nationale de Credit et d'Investissement (Luxembourg) SNCI Site of Nature Conservation Importance (UK) ), and Ceradyne, Inc. (Nasdaq: CRDN CRDN Certified Restoration Drycleaning Network ). 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 - SiRF Technology Holdings, Inc. (Nasdaq: SIRF) SiRF Technology Holdings, Inc. recently reported a strong quarter with excellent guidance and saw its stock shoot up 25%. Over the past 90 days, this year's earnings estimates have risen 12 cents to 70 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. . Next year's numbers have jumped an even more impressive 31 cents to 92 cents per share. The company has ample growth opportunities in the automotive market which should keep growth strong for the foreseeable future. Growth & Income - Rockwell Collins, Inc. (NYSE: COL) Rockwell Collins, Inc. met or beat analysts' earnings expectations for 16 straight quarters. After posting solid results for the first quarter of fiscal 2007, the company upped its full-year earnings per share guidance. Analysts responded by raising their profit forecasts. Earnings per share are projected to grow 14.5% over the next 3-5 years. This Zacks #1 Rank stock has a current dividend yield of 0.92%. Momentum - Sonic Innovations, Inc. (Nasdaq: SNCI) Sonic Innovations, Inc. is still feeling the glow from its Feb 1 earnings report. SNCI reported earnings per share of three cents, marking a 200% positive surprise above analysts' consensus estimates. The stock made a new 52-week high on Wednesday with much heavier-than-normal trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. . Given the growing volume and new price action, it is obvious that the company's stock price has yet to reflect the improved operating environment In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. . Value - Ceradyne, Inc. (Nasdaq: CRDN) Ceradyne, Inc. is up over 36% since last highlighted as a Value pick on Oct 4. On Jan 9, the company announced preliminary record financial results for both the fourth quarter and full year of 2006. Over the past 16 quarters, CRDN surprised to the upside on 15 occasions. Earning per share Noun 1. earning per share - the portion of a company's profit allocated to each outstanding share of common stock net income, net profit, profit, profits, earnings, lucre, net - the excess of revenues over outlays in a given period of time (including depreciation are projected to grow 15% over the next 3-5 years. The company's return on equity, a common measure of profitability, absolutely crushes that of the industry average--36% compared to 5%. Its PEG ratio PEG Ratio See: Prospective earnings growth ratio PEG ratio See price-earnings/growth ratio (PEG ratio). currently sits at 0.77. 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! 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. |
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