Zacks PEG Ratio Strategy highlights: Bronco Drilling Co., Ceradyne, Inc., True Religion Apparel and TETRA Technologies.

CHICAGO -- If you like to use a company's P/E ratio to determine its value, then you'll love using the PEG Ratio Profit Track. The PEG Ratio can calculate if a stock is undervalued relative to its expected future growth. Using this indicator in a Profit Track can produce stellar profits, such as a +16.3% return in 2005 and continued strong returns in 2006. Four stocks meeting this screen's exclusive criteria are: Bronco Drilling Co., Inc. (Nasdaq:BRNC), Ceradyne, Inc. (Nasdaq:CRDN), True Religion Apparel Inc. (Nasdaq:TRLG) and TETRA Technologies, Inc. (NYSE:TTI). View the entire list of stocks for the PEG Ratio Profit Track at http://at.zacks.com/?id=1837

Here are details about four companies currently identified by the PEG Ratio Profit Track:

Bronco Drilling Co., Inc. (Nasdaq:BRNC), a contract oil and gas drilling company and a Zacks #1 Rank (Strong Buy) name, has a PEG ratio of .37. While the company recently announced select financial and operating results for the fourth quarter, the complete results will be released on Feb 21. BRNC reported third-quarter earnings in early November. The result was ahead of the consensus estimate by approximately 15%, and revenues were a record $18.6 million versus $11.7 million for the previous quarter and $5.4 million for the year-prior period.

Ceradyne, Inc. (Nasdaq:CRDN) develops, manufactures and markets advanced technical ceramic products and components for industrial, defense, consumer and microwave applications. The company will release fourth-quarter financial results on Feb 28. In late October, CRDN posted third-quarter earnings of 53 cents per share, outpacing the consensus estimate by 6% and exceeding the year-ago total. Ceradyne offers a PEG ratio of .52.

True Religion Apparel Inc. (Nasdaq:TRLG) meets the criteria of this Profit Tracks with an impressive PEG ratio of 0.28. For its third-quarter report, which was released in early November, the company announced earnings of 33 cents per share. The result topped analysts' expectations by 10% and outperformed the previous year's earnings. Net sales grew from $7.4 million to $35 million year-over-year.

TETRA Technologies, Inc. (NYSE:TTI) is an energy services company with an integrated chemicals operation that supplies chemical products to energy markets, as well as other markets. The company sports a PEG ratio of .27 and is another Zacks #1 Rank (Strong Buy) company. TTI recently announced a full year 2006 earnings forecast of $2.09 to $2.35 per share. This is in line with current analysts' expectations of $2.26, which is 25% above the estimates of two months ago. Fourth-quarter financial results will be available on February 24.

Discover all the current stocks currently on the PEG Ratio Profit Track at: http://at.zacks.com/?id=1868

About Profit Tracks

What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2005, the Low Price Stocks strategy was the top performing Profit Track with a return of +51.9% followed by the Recent Price Strength screen with a +35.5% return. To see all nine strategies along with philosophy, past performance, and current stocks, go to http://at.zacks.com/?id=1838

All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=2156

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