Zacks PEG Ratio Strategy highlights: Celadon Group, Houston Wire & Cable Company, NATCO Group and Tidewater.

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. Find out which companies offer the greatest value regardless of growth rate to enjoy stellar returns. Four stocks meeting this screen's exclusive criteria are: Celadon Group, Inc. (Nasdaq: CLDN), Houston Wire & Cable Company (Nasdaq: HWCC), NATCO Group, Inc. (NYSE: NTG) and Tidewater Inc. (NYSE: TDW). 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:

Celadon Group, Inc. (Nasdaq: CLDN) is a Zacks #1 Rank (Strong Buy) company that sports a PEG ratio of 0.52. In mid-October, the company released fiscal first-quarter earnings of 30 cents per share. The result improved on last year's 20 cents and surpassed analysts' expectations by approximately 7%. Celadon Group stated that higher freight rates and continued focus on cost controls allowed it to improve its operating ratio by 300 basis points to 89.2% in the September 2006 quarter from 92.2% in the September 2005 quarter.

Houston Wire & Cable Company (Nasdaq: HWCC) satisfies the criteria for this Profit Track as evidenced by its PEG ratio of 0.49. The company recently posted third-quarter earnings of 45 cents per share, beating the consensus estimate by nearly 41%. Sales increased to a record $90 million from the previous year's $58 million. Wall Street has been issuing upward revisions of full-year earnings forecasts. Current 2006 estimates of $1.43 per share are 14% above one month-ago levels.

NATCO Group, Inc. (NYSE: NTG) recently reported third-quarter earnings per share of 49 cents, exceeding the consensus estimate by 2% and outperforming the year-prior result. The company mentioned that the continuation of strong market conditions in each of its operating areas, in combination with industry leading technology and a capable, global management team give it confidence that it should finish 2006 strongly and deliver another year of record results in 2007. NTG's PEG ratio is 0.37.

Tidewater Inc. (NYSE: TDW) offers a PEG ratio of 0.27. The Zacks #1 Rank (Strong Buy) company recently announced its financial results for the fiscal second quarter. Earnings per share improved year-over-year and were ahead of Wall Street forecasts. In fact, Tidewater turned in earnings per share that have topped analysts' estimates over the past five consecutive quarters.

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. For the first five months of 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +22.2% followed by the Discounted Fundamental screen with a +18.6% 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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