Zacks Recent Price Strength Strategy Highlights: Fuel-Tech, Syntel, Team, Inc. and Thermo Fisher Scientific.

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 +28.6% return versus +12.6% for the S&P 500 in the first nine months of 2006. This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's exclusive criteria are Fuel-Tech, Inc. (Nasdaq: FTEK), Syntel, Inc. (Nasdaq: SYNT), Team, Inc. (Nasdaq: TISI) and Thermo Fisher Scientific, Inc. (NYSE: TMO). 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:

Fuel-Tech, Inc. (Nasdaq: FTEK) will announce fourth-quarter and full-year results on Tuesday, March 6, 2007. The company is within reach of its 52-week high and experienced 6% growth over the past four weeks. In early, November FTEK posted third-quarter earnings of nine cents per share, which eclipsed the consensus estimate by almost 29% and improved on the year-prior total of five cents.

Syntel, Inc. (Nasdaq: SYNT) reported fourth-quarter earnings of 32 cents per share, which jumped ahead of analysts' expectations by 14%. The company's quarterly results have been above Wall Street earnings estimates over the past five consecutive quarters. SYNT's share price increased by 9% over the past four weeks and is currently near its 52-week high.

Team, Inc. (Nasdaq: TISI) is a Zacks #1 Rank (Strong Buy) company. In early January, the company announced fiscal second-quarter earnings of 58 cents per share, surpassing the year-prior total of 41 cents and eclipsing the consensus estimate by 23%. TISI cited continued broad based organic growth across nearly all its geographic regions and noted that its outlook for the rest of the year remains strong. Team Inc. is trading near its 52-week high and experienced 2% growth over the past four weeks.

Thermo Fisher Scientific, Inc. (NYSE: TMO) is also a Zacks #1 Rank (Strong Buy) name that is currently trading close to its 52-week high. The company recently posted adjusted fourth-quarter earnings per share of 57 cents. The result topped the consensus estimate by 7.55% and surpassed the year-ago total. TMO stated that its strong growth momentum throughout 2006, bolstered by its industry-transforming merger with Fisher in November, led to a banner year.

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 the market in the years ahead. For the first nine months of 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +42.7% followed by the Discounted Fundamental screen with a +29.7% 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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