Printer Friendly
The Free Library
19,111,409 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Zacks Buy List Highlights: Weatherford International, Ltd., Brookfield Asset Management Inc., Florida Rock Industries, Inc., and National Telephone Company of Venezuela.


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 Weatherford International Weatherford International Ltd (NYSE: WFT) is one of the world's largest diversified upstream oilfield service companies. Weatherford provides services ranging from directional drilling, open and cased-hole wireline logging to underbalanced systems expertise, drilling, , Ltd. (NYSE NYSE

See: New York Stock Exchange
: WFT WFT Weatherford International (stock symbol)
WFT Waterfront (real estate)
WFT World Family Tree (genealogy)
WFT Wet Film Thickness
), Brookfield Asset Management This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 Inc. (NYSE: BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ), Florida Rock Industries, Inc. (NYSE: FRK FRK Fork (street type)
Frk Fröken (Swedish: Unmarried Woman)
FRK Forskolin
), and National Telephone Company of Venezuela (NYSE: VNT VNT Variable Nozzle Turbine
VNT Variable Nozzle Turbocharger
VNT Verbond Van Nederlandse Tussenpersonen (Netherlands Association of Intermediaries)
VNT Voluntary National Testing
VNT Virtual Network Technologies
).

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 - Weatherford International, Ltd. (NYSE: WFT)

Analysts are continuing to raise their earnings forecasts on Weatherford International, Ltd. Over the past few months, the already bullish consensus estimates for 2006 and 2007 have been revised upward by 9.6% and 15.9%, respectively. This positive momentum has resulted in a strong relative return for shareholders.

Growth & Income - Brookfield Asset Management Inc. (NYSE: BAM)

Brookfield Asset Management Inc. recently topped the Street's quarterly earnings estimate when it posted first-quarter profits of 43 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.
. Earnings per share are projected to grow 13.0% over the next 3-5 years. Strong cash flows from operating activities have led to a current dividend yield of 2.4% and a five-year average dividend yield of 3.1%. Analysts have become increasingly optimistic about this Zacks #1 Rank stock--upping their estimates for both this year and next.

Momentum - Florida Rock Industries, Inc. (NYSE: FRK)

Business is booming at Florida Rock Industries, Inc. When the company last reported earnings on Apr 25, 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.  of 86 cents was 38.7% higher than analysts' expectations. That was also an eye-popping 75.5% increase from the previous year's EPS of 49 cents. FRK recently found important support around the $45 level, where it stopped a remarkably similar slide back in November 2005. A new uptrend would be confirmed on decisive closes over the $55 level.

Value - National Telephone Company of Venezuela (NYSE: VNT)

National Telephone Company of Venezuela, a Zacks #1 Rank stock, reported solid revenue and subscriber growth for the first quarter of 2006. Based on its stellar results, the company raised its full-year 2006 earnings guidance along with its expectation for year-end subscriber numbers. Analysts' earnings estimates have been on the rise for this quarter as well as for this year. The company has a price-to-book ratio of 1.0 and a PEG ratio PEG Ratio

See: Prospective earnings growth ratio


PEG ratio

See price-earnings/growth ratio (PEG ratio).
 of 0.13.

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 $1.82 million - equivalent to a 33% 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 129.7% annually (+5.2% vs. +11.9%). 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 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.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 16, 2006
Words:924
Previous Article:Southern Union Company Declares Quarterly Dividend.
Next Article:Zacks' Discount Fundamental Strength strategy highlights Applied Industrial Technologies, Barrett Business Services, America's Car-Mart and Quanex...
Topics:



Related Articles
Zacks Issues Buy Recommendations On the Following 4 Stocks: GDW, SKM, DE, and VOD.
Zacks Issues Buy Recommendations on the Following 6 Stocks: Aeropostale, KOS Pharma, Western Digital, CenturyTel, First Health Group, and Moody's.
Zacks.com Announces That Richard Rhodes Highlights the Following Stocks: Newmont Mining, KLA Tencor, QLogic, VeriSign and Nippon Telephone &...
Zacks Buy List Highlights: Nextel Partners, Inc., Eagle Materials, Inc., Archer-Daniels-Midland Company, and Marten Transport, Ltd.
Zacks Buy List Highlights: Weatherford International, Ltd., Smith International, Inc., Office Depot, Inc., and Northern Border Partners, L.P.
Zacks Buy List Highlights: ASM International N.V., Baker Hughes Inc., Investment Technology Group, Inc., and Falconbridge Limited.
Zacks Buy List Highlights: America Movil, The First Marblehead Corporation, Viad Corp., and The Bear Stearns Companies, Inc.
Zacks Buy List Highlights: National Telephone Company of Venezuela, Norfolk Southern Corporation, UIL Holdings Corporation, and Peoples Bancorp of...
Zacks Analyst Interview Highlights: SK Telecom, Telstra Corp. and Philippine Long Distance Telephone.
Zacks Analyst Blog Highlights: CANTV, Telmex, Verizon, Norfolk Southern and Allergan.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles