Zacks Recent Price Strength Strategy highlights: ACCO Brands Corporation, Fuel-Tech, Synchronoss Technologies and Targacept.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 +13.9% return versus +2.1% for the S&P 500 in the first five months of 2006. This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's exclusive criteria are ACCO ACCO American College of Chiropractic Orthopedists ACCO Association of County Commissioners of Oklahoma ACCo American Cyanamid Company ACCO Adenoid Cystic Carcinoma Organization ACCO American Clip Company ACCO Assistant Central Control Officer Brands Corporation (NYSE NYSE See: New York Stock Exchange : ABD ABD n. A candidate for a doctorate who has completed all the requirements for the degree, such as courses and examinations, with the exception of the dissertation. [a(ll) b(ut) d(issertation).] ), Fuel-Tech, Inc. (Nasdaq: FTEK), Synchronoss Technologies, Inc. (Nasdaq: SNCR SNCR Selective Non-Catalytic Reduction SNCR Satellite Network Cost Recovery SNCR Statement of Nonavailability of Computer Resources ) and Targacept, Inc. (Nasdaq: TRGT). 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: ACCO Brands Corporation (NYSE: ABD) is trading near its 52-week high. In early November, the company reported third-quarter earnings of 33 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. , which topped the year-ago result. ACCO Brands noted that going forward it expects to see positive year-over-year improvement in operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. as synergies build and the company recovers margins through price increases. ABD experienced 2% growth over the past four weeks. Fuel-Tech, Inc. (Nasdaq: FTEK) posted third-quarter earnings of nine cents per share in early November. The result eclipsed the consensus estimate by almost 29% and improved on the year-prior total of five cents. The company mentioned that it again achieved record revenues, doing so for a fifth consecutive reporting period. FTEK is within reach of its 52-week high and experienced 5% growth over the past four weeks. Synchronoss Technologies, Inc. (Nasdaq: SNCR) has advanced in share price by 22% over the past four weeks and recently established a new 52-week high. In early November, the company announced third-quarter non-GAAP earnings of 10 cents per share, topping the consensus estimate by nearly 67%. The company stated that its performance was highlighted by better than expected revenue and profitability. Targacept, Inc. (Nasdaq: TRGT) is close to its 52-week high. TRGT's share price increased by 22% over the past four weeks. In early November, the company released financial results for the third quarter. Earnings per share were 37.5% ahead of Wall Street estimates. Targacept said it remains encouraged by the advancements made in its portfolio of NNR NNR National Nature Reserve (United Kingdom) NNR Neuronal Nicotinic Receptor NNR National Nuclear Regulator (South Africa) NNR National Narcolepsy Registry NNR Neb Neb Revolution Therapeutics for the treatment of a broad range of central nervous systems diseases and disorders. 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. 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 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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a free subscription to the Profit from the Pros newsletter 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: 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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