Zacks Upgrades and Revisions Strategy Highlights: Anaren Inc., Bell Microproducts Inc., Interactive Data Corp. and IPSCO Inc.CHICAGO -- Earnings estimate revisions are the most powerful force impacting stock prices. Couple that with the proven benefits of upgrades in ratings from brokerage firms and you have a strategy that delivered a +16.5% return in the first five months of 2006. Four stocks meeting this screen's exclusive criteria are: Anaren Inc. (Nasdaq: ANEN ANEN Anaren Microwave Inc. (NYSE symbol) ), Bell Microproducts Inc. (Nasdaq: BELM), Interactive Data Corp. (NYSE NYSE See: New York Stock Exchange : IDC) and IPSCO Inc. (NYSE: IPS (1) (Inches Per Second) The measurement of the speed of tape passing by a read/write head or paper passing through a pen plotter. (2) (IPS) (Intrusion Prevention S ). View the entire list of stocks for the Upgrades and Revisions Profit Track at http://at.zacks.com/?id=1844 Here are details on four companies currently identified by the Upgrades and Revisions Profit Track: Anaren Inc. (Nasdaq: ANEN), a Zacks #1 Rank (Strong Buy) company, recently announced fiscal firs-quarter earnings of 22 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. . The result outpaced last year's 13 cents and exceeded the consensus estimate of 18 cents. The company's earnings guidance for the second quarter currently stands at 20 cents to 23 cents per share. Wall Street is currently forecasting 22 cents, which is up 10% from one month-ago estimates. ANEN experienced earnings per share growth of approximately 67% over the past five years. Bell Microproducts Inc. (Nasdaq: BELM) recently reported third-quarter GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). earnings of eight cents per share, which is the same as the year-prior GAAP earnings per share. The earnings result was one penny ahead of analyst expectations. The company noted that it achieved a new third-quarter revenue record this year, and at the same time it made progress in improving profitability. During the past five years, BELM's earnings per share grew almost 50%. Interactive Data Corp. (NYSE: IDC) satisfies the criteria for this Profit Track as evidenced by its earnings per share growth of 45% over the past five years. The company recently posted third-quarter earnings of 28 cents per share, eclipsing the previous year's 24 cents and surpassing the consensus estimate by 12%. IDC said its results were very strong due to a combination of excellent new sales, lower cancellation levels and careful control on spending. IPSCO Inc. (NYSE: IPS) currently boasts the highest five-year growth rate under this Profit Track. The company's earnings per share grew nearly 590% over the past five years. IPS recently released third-quarter earnings of $4.15 per share, jumping ahead of the consensus estimate by about 16% and outperforming the year-ago result. IPS commented that record sales volume and higher margins driven by record average product pricing pushed earnings above the high end of the company's guidance for the quarter. Discover all the current stocks currently on the Upgrades and Revisions Profit Track at: http://at.zacks.com/?id=1869 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 Instructional help in an application or system development environment that guides the user through a series of multiple choice questions to accomplish a task. For the most part, wizards are more effective than the help menus found in most applications, which often border on the atrocious. 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 Broker-Dealer A person or firm in the business of buying and selling securities operating as both a broker and dealer depending on the transaction. Notes: Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal 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. |
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