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Zacks Recent Price Strength Strategy Highlights: Actions Semiconductor, Andersons, Angiodynamics and Ladish.


CHICAGO -- This stock picking strategy looks for companies trading in the upper range of their 52-week highs that have attractive fundamental attributes. This strategy proves that "trend is your friend" with a 35.5% return versus 4.9% for the S&P 500 for 2005. This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's exclusive criteria are Actions Semiconductor Co. (Nasdaq:ACTS), Andersons Inc. (NASDAQ:ANDE ANDE Administracion Nacional de Electricidad
ANDE Asociación Nacional de Educadores (National Association of Educators, Costa Rica)
ANDE Andersonville National Historic Site (US National Park Service) 
), Angiodynamics Inc. (NASDAQ:ANGO ANGO Algemene Nederlandse Gehandicapten Organisatie (Dutch: Equal Opportunities for Persons with Disabilities) ) and Ladish Co., Inc. (Nasdaq:LDSH LDSH Lord Strathcona Horse (Royal Canadians)
LDSH Latter Day Saints Hospital (Salt Lake City, UT) 
). View the entire list of stocks for the Recent Price Strength Profit Track at http://at.zacks.com/?id=1863

Here are details about four companies currently identified by the Recent Price Strength Profit Track:

Actions Semiconductor Co. (Nasdaq:ACTS) posted first-quarter earnings of 17 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.
 in late April. The result was ahead of the consensus estimate by 6%. "Our positive financial results were driven by a strong demand for our products as we continued to gain market share from our competitors. As the prices for NAND flash See flash memory.  declined, increasing demand for NAND flash based devices resulted in a steady increase in demand for our products," said the C.E.O. Mr. Yeh. Actions' shares are trading near at a 52-week high and have increased in price by almost 7% over the past four weeks.

Andersons Inc. (NASDAQ:ANDE), a Zacks #1 Rank (Strong Buy) company, reported first-quarter earnings of 49 cents per share, beating last year's 19 cents and exceeding the consensus estimate by over 172%. Andersons has recently been establishing new 52-week highs and has advanced in share price by 39% over the past four weeks.

Angiodynamics Inc. (NASDAQ: ANGO), which is trading close to its 52-week high, released fiscal third-quarter earnings of 14 cents per share in late March. The result topped the previous year's profit of 11 cents. The company said it is excited that all of its products lines achieved strong growth and is upbeat about the future. The stock has advanced almost 6% over the past four weeks.

Ladish Co., Inc. (Nasdaq:LDSH) spiked spike 1  
n.
1.
a. A long, thick, sharp-pointed piece of wood or metal.

b. A heavy nail.

2. A spikelike part or projection, as:
a.
 to a new 52-week high after the company reported strong first-quarter earnings. LDSH generated profits of 54 cents per share, 23 cents above expectations. Analysts followed suit by revising their forecasts for full-year earnings to $1.83 per share, from $1.46 per share. As a result, this Zacks #1 Rank stock has appreciated by more than 40% over the past four weeks.

Discover all the current stocks currently on the Recent Price Strength Profit Track at: http://at.zacks.com/?id=1864

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 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 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 Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
. 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

About Zacks

Zacks.com is a property of Zacks Investment Research, 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 at http://at.zacks.com/?id=1841

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 and Poor's Noun 1. Standard and Poor's - a broadly based stock market index
Standard and Poor's Index
. 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 (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : 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.
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.

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Publication:Business Wire
Date:May 11, 2006
Words:859
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