Zacks Buy List Highlights: iRobot Corporation, Fluor Corporation, American Railcar Industries, Inc. and Bandag, 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 iRobot Corporation (Nasdaq: IRBT), Fluor Corporation (NYSE NYSE See: New York Stock Exchange : FLR FLR Floor FLR Florence, Italy (Airport Code) FLR Flare FLR Florida Lambda Rail FLR Forest Land Reserve FLR Forward-Looking Radar FLR Female Led Relationship FLR Force of Lower Readiness ), American Railcar Industries, Inc. (Nasdaq: ARII ARII American Railcar Industries Inc (St Louis, Missouri) ), and Bandag, Inc. (NYSE: BDG BDG Building (usually seen as BLDG) BDG Budget BDG Binding BDG Bundaberg (Queensland, Australia) BDG Blanding, Utah (airport code) BDG Batten's Disease Gene ). Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.9% 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 - iRobot Corporation (Nasdaq: IRBT) iRobot Corporation bested first-quarter estimates by almost 21%, prompting analysts to raise this year's and next year's numbers. Over the past month, this year's estimates have increased 28% to nine 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. , while next year's numbers have risen 8% to 27 cents per share. The company has no debt which is impressive for such a young and growing firm. Growth & Income - Fluor Corporation (NYSE: FLR) Fluor Corporation, which was first featured as a Growth and Income pick on Oct 17, has returned over 23%. The company exceeded analysts' earnings expectations in six out of the past eight quarters by an average margin of 26.4%. Earnings per share are forecasted to grow 15.2% over the next 3-5 years. In early May, the Board of Directors declared a quarterly cash dividend of 20 cents per common share of stock. FLR has a current dividend yield of 0.80%. Momentum - American Railcar Industries, Inc. (Nasdaq: ARII) On May 2, American Railcar Industries, Inc. reported first-quarter earnings of 63 cents per share, up from 35 cents in the year-ago period and 23 cents above expectations. In response to the company's recent 53.6% earnings surprise, analysts raised their full-year consensus estimates by 53 cents to $2.23. ARII is trading just shy of the company's record closing high of $40.68, obtained on May 10, 2006. Value - Bandag, Inc. (NYSE: BDG) Bandag, Inc. exceeded analysts' earnings expectations in four straight quarters, most recently by 92.3% in the first quarter. On May 8, the Board of Directors declared a quarterly cash dividend of 34 cents per common share of stock. Consensus earnings estimates for both this year and next have risen over the past seven days. This Zacks #1 Rank stock has a price-to-book ratio of 1.7 compared to 4.5 for the market and 2.0 for the industry average. 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." Since inception in 1988, #1 Rank stocks have generated an average annual return of +31.9%. 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 132% annually (+5.1% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. Zacks Rank performance is the total return (price changes + dividends) of equal weighted portfolios, consisting of those stocks with the indicated Zacks Rank, assuming zero 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). . These returns are not the result of a backtest; these are actual returns since 1988. The stocks in the Zacks Rank portfolios were available to Zacks clients before the beginning of each month (monthly rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting ). Performance results from 1988 through September 2006 are based on a subset A group of commands or functions that do not include all the capabilities of the original specification. Software or hardware components designed for the subset will also work with the original. of all Zacks Rank stocks that excludes stocks covered by only one analyst and ADR's. 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. The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks Noun 1. blue-chip stock - a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield; "blue chips are usually safe investments" blue chip , selected by Standard & Poor's. The S&P 500 Index assumes 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 dividends but does not reflect advisory fees. An investor cannot invest directly in an index. 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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