Zacks Recent Price Strength Strategy highlights: American Financial Group, Anixter International, ICO Inc. and Littelfuse.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 American Financial Group, Inc. (NYSE NYSE See: New York Stock Exchange : AFG AFG Afghanistan (international vehicle registration) AFG American Financial Group AFG Assistance to Firefighters Grant AFG Arbeitsförderungsgesetz (German: Labor Advancement Law) AFG Accreditation for Growth ), Anixter International Anixter International (NYSE: AXE) is a Fortune 500 (#454, Fortune 2007) company based in Glenview, Cook County, Illinois, and founded in 1957. Anixter is a large distributor of communication products and electrical and electronic wire and cable, and a leading distributor of Inc. (NYSE: AXE (An X Editor) A text editor used with the X Window system. By adding widgets, aXe can be customized by the user. (tool) aXe - A text editor for the X Window System. No longer maintained. ), ICO ICO Icon (File Name Extension) ICO In Case Of ICO Information Commissioner's Office (UK) ICO Instituto de Crédito Oficial (Spain: Official Credit Institute) Inc. (Nasdaq: ICOC ICOC Independent Citizens Oversight Committee (San Diego, California) ICOC International Church of Christ ICOC International Code of Conduct ICOC Integrated Combat Operations Center ICOC Instructions for Commodores of Convoys ) and Littelfuse, Inc. (Nasdaq: LFUS). 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: American Financial Group, Inc. (NYSE: AFG) is currently trading very close to its 52-week high. In early August, the company posted second-quarter earnings that outperformed the year-prior. The result also exceeded the consensus estimate by approximately 8%. American Financial Group has topped analysts' forecasts for the past four straight quarters. The company experienced nearly 5% growth in its share price over the past four weeks. Anixter International Inc. (NYSE: AXE) is a Zacks #1 Rank (Strong Buy) company that is trading very close to its 52-week high. The company reported second-quarter earnings of $1.15 per share in late July. The result eclipsed the consensus estimate by about 40% and surpassed the previous year's 61 cents. AXE stated that growth was particularly strong in the electrical and electronic wire & cable market due to strong end-market customer demand, global expansion of the markets served and higher copper prices. ICO Inc. (Nasdaq: ICOC), global producer of custom polymer powders and plastic film concentrates, released its fiscal third-quarter report in early August. Earnings per share of 14 cents improved on last year's break-even result and jumped ahead of the consensus estimate by 40%. ICOC is currently trading near its 52-week high and has advanced in price by about 40% over the past four weeks. Littelfuse, Inc. (Nasdaq: LFUS) released its second-quarter financial results in early August. The company noted that it set new records for sales and cash flow. Littelfuse's third-quarter earnings per share guidance, of 45 cents to 50 cents, is in line with Wall Street estimates. Analysts are currently projecting 46 cents for the third quarter. The company missed the consensus estimate only once out of the past five consecutive quarters. LFSUS meets the criteria of this Profit Track with a share price that has experienced nearly 8% growth over the past four weeks and is currently very close to its 52-week high. 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 To translate a program written in a high-level programming language into machine language. See compiler. , 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 (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. 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