Zacks Upgrades and Revisions Strategy Highlights: Arch Chemicals, Inc., Dynamic Materials Corp., CSX Corp. and EGL, 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 +55.7% return in 2004. In 2005, the Upgrades and Revisions Profit Track continued its trend of delivering double-digit returns by returning 27% compared to the S&P 500 return of 4.9%. Four stocks meeting this screen's exclusive criteria are: Arch Chemicals Founded in 1999, Arch Chemicals (NYSE: ARJ) is a biocides company with over a billion dollars in annual sales. It consists of four divisions:
See: New York Stock Exchange :ARJ A compression program for backup archiving from ARJ Software, Inc., Norwood, MA (www.arjsoftware.com). Introduced in the early 1990s and created by Robert Jung (the RJ in ARJ), ARJ never achieved the popularity of PKZIP, although it is considered a worthy competitor. See JAR. ), Dynamic Materials Corp. (Nasdaq:BOOM), CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad Corp. (NYSE:CSX) and EGL EGL Enterprise Generation Language (IBM) EGL European Gemological Laboratory EGL Elegant Gothic Lolita (Japanese fashion) EGL Energy Grade Line EGL Eagle Global Logistics, Inc. , Inc. (Nasdaq:EAGL EAGL East Atlantic Gymnastics League (College Park, MD) ). 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: Arch Chemicals, Inc. (NYSE:ARJ) announced first-quarter earnings of 25 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 more than doubled the consensus estimate by delivering a 108% upside surprise. The earnings result also outperformed the year-ago total of 15 cents. ARJ stated that the strong earnings it posted during the first quarter were driven largely by the excellent progress that the company is making under its multifaceted, margin-improvement plan for its HTH (chat) HTH - Hope This Helps. Often used sarcastically, see HAND. water products business. The company has experienced earnings growth of 37% during the past five years. Dynamic Materials Corp. (Nasdaq:BOOM) is a Zacks #1 Rank (Strong Buy) company that has seen earnings growth of 81% during the past five years. In late April, BOOM reported first-quarter earnings from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of 34 cents per share, excluding a gain. The result jumped ahead of the consensus estimate by nearly 31% and eclipsed the previous year's 14 cents. The company mentioned that in addition to achieving significant revenue and earnings growth, it maintained a record-level order backlog at its Explosive Metalworking segment. CSX Corp. (NYSE:CSX), another Zacks #1 Rank (Strong Buy) name, is one of the leading transportation companies, providing rail, intermodal and rail-to-truck transload services. CSX satisfies the criteria for this Profit Track as evidenced by its earnings per share growth of 19% over the past five years. The company posted first-quarter earnings of $1.06 per share in mid-April. The result surpassed analysts' expectations by nearly 22%. EGL, Inc. (Nasdaq:EAGL) is also a Zacks #1 Rank (Strong Buy) company. EAGL recently released its first-quarter report, which included earnings per share that grew year-over-year and outpaced the consensus estimate by almost 44%. The company commented that its solid first quarter results reflect increased gross and net revenues, strong management of operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and solid cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses . The company boasts a five-year earnings per share growth rate of 85%. 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 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 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. 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