Zacks Upgrades and Revisions Strategy highlights: Administaff, Books-A-Million, Comtech Telecommunications Corp. and Lufkin Industries.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: Administaff, Inc. (NYSE NYSE See: New York Stock Exchange :ASF See Windows Media formats. 1. (language) ASF - Algebraic Specification Language. 2. (body) ASF - Analytical Solutions Forum. ), Books-A-Million, Inc. (Nasdaq:BAMM BAMM British Association of Medical Managers BAMM Bay Area Model Mugging (now Impact Bay Area) BAMM Beta and Advection Model - Medium BAMM Bay Area Math Meet (San Francisco, CA) ), Comtech Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. Corp. (Nasdaq:CMTL CMTL Chief Military Training Leader CMTL Center for Mathematics, Teaching and Learning ) and Lufkin Industries Lufkin Industries NASDAQ: LUFK is a manufacturing company based in Lufkin, Texas and one of the largest employers in the city. Founded in 1902, it produces machinery such as oilfield pumping units, electrical equipment and trailers for trucks. , Inc. (Nasdaq:LUFK). 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: Administaff, Inc. (NYSE:ASF) will announce financial results for the second quarter on August 1, 2006. In its first-quarter report, which was released in early May, the company posted earnings per share of 37 cents. The result was ahead of analysts' expectations by approximately 12% and topped the year-ago total of 18 cents. Administaff delivered earnings per share growth of 34% over the past five years. Books-A-Million, Inc. (Nasdaq:BAMM) is a Zacks #1 Rank (Strong Buy) name. The company satisfies the criteria for this Profit Track as evidenced by its earnings per share growth of 50% over the past five years. Books-A-Million released first-quarter results in mid-May. Earnings per share of nine cents surpassed the previous year's six cents and eclipsed the consensus estimate of seven cents. Comtech Telecommunications Corp. (Nasdaq:CMTL) managed to exceed Wall Street expectations for the past five straight quarters. For its fiscal third quarter, which was announced in early June, the company jumped ahead of the consensus estimate by 14%. CMTL has a successful track record of consistent high growth as indicated by its earnings per share growth of 73% during the past five years. Lufkin Industries, Inc. (Nasdaq:LUFK), another Zacks #1 Rank (Strong Buy) company, has seen earnings per share growth of 27% over the past five years. The company recently reported second-quarter earnings of $1.16 per share, improving on last year's 71 cents and outpacing the consensus estimate by nearly 14%. LUFK stated that it continued to produce strong profitable growth during the second quarter as high demand, particularly in energy-related markets, drove increased bookings and backlogs in all of its business segments. 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. 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 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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