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Zacks Buy List Highlights: Zumiez, Inc., Goodrich Corporation, Potash Corporation of Saskatchewan, Inc. and Aspreva Pharmaceuticals 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 Zumiez, Inc. (Nasdaq: ZUMZ), Goodrich Corporation Goodrich Corporation (formerly the B.F. Goodrich Company) NYSE: GR, is an American aerospace manufacturing company based in Charlotte, North Carolina. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Dr. Benjamin Franklin Goodrich.  (NYSE NYSE

See: New York Stock Exchange
: GR), Potash Corporation of Saskatchewan The Potash Corporation of Saskatchewan, today generally referred to as PotashCorp, is a Canadian corporation based in Saskatoon, Saskatchewan that is the world's largest producer of potash.

The company was created by the government of Saskatchewan in 1975.
, Inc. (NYSE: POT), and Aspreva Pharmaceuticals Corporation (Nasdaq: ASPV).

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 A summary; a brief statement, less than the whole.

A synopsis is a condensation of something—for example, a synopsis of a trial record.
 of today's Zacks Rank Buy Stocks:

Aggressive Growth - Zumiez, Inc. (Nasdaq: ZUMZ)

Zumiez, Inc. is experiencing phenomenal growth. The company has exceeded earnings estimates in six out of the past seven quarters. Year-over-year growth has averaged over 60% over the past three quarters. Four analysts have raised their estimates for this year. Earnings estimates have been on the rise as well. Over the past 90 days, this year's estimates have increased six cents to 96 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.
. The company has a long-term growth rate of 28.71%.

Growth & Income - Goodrich Corporation (NYSE: GR)

Goodrich Corporation, which was first featured as a Growth & Income stock on Aug 8, 2006, continues to shine. The company topped analysts' earnings expectations in 12 out of the past 14 quarters. After reporting solid fourth-quarter and full-year 2006 results, GR raised both its revenue and profit guidance for this year. The company is currently yielding 1.6% and its return on equity tops that of the industry average--17% compared to 11%.

Momentum - Potash Corporation of Saskatchewan, Inc. (NYSE: POT)

Potash Corporation of Saskatchewan Inc. is up 21.2% for 2007 on strong industry and company fundamentals. With the stock at 52-week highs, the underlying trend is clearly to the upside Upside

The potential dollar amount by which the market or a stock could rise.

Notes:
This is basically an educated guess on how high a stock could go in the near future.
See also: Bull, Downside
 with no resistance to impede im·pede  
tr.v. im·ped·ed, im·ped·ing, im·pedes
To retard or obstruct the progress of. See Synonyms at hinder1.



[Latin imped
 upward price action. However, the Apr 26 earnings report will largely decide whether momentum continues to be positive in the short-term.

Value - Aspreva Pharmaceuticals Corporation (Nasdaq: ASPV)

Aspreva Pharmaceuticals Corporation beat the Street's earnings estimate four quarters in a row by an average margin of 41.0%. In early February, the Zacks #1 Rank company reported impressive results for both the fourth quarter and full year of 2006. Consensus estimates for both this quarter and the full year are up over the past two months. ASPV has a price-to-book ratio of 2.7, compared to 4.0 for the industry, and its PEG ratio PEG Ratio

See: Prospective earnings growth ratio


PEG ratio

See price-earnings/growth ratio (PEG ratio).
 currently sits at 0.31.

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 Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

Notes:
Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy.
 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 solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 to buy or sell any security.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 13, 2007
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