Zacks Upgrades and Revisions Strategy highlights: Bucyrus International, Terra Industries, AZZ incorporated and ITT Educational Services.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 +23.3 return in 2006. Four stocks meeting this screen's exclusive criteria are: Bucyrus International Bucyrus International, Inc. is a manufacturer of heavy mining equipment. Founded in Bucyrus, Ohio in 1880, the headquarters were moved to its current location in South Milwaukee, Wisconsin in 1893. It was an early producer of steam shovels. Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BUCY), Terra Industries Inc. (NYSE NYSE See: New York Stock Exchange : TRA TRA Training TRA Transfer TRA Transition TRA Tennessee Regulatory Authority TRA Telecommunications Regulatory Authority (Oman) TRA Tax Reform Act (1976, 1984, or 1986) TRA Teachers Retirement Association ), AZZ incorporated (NYSE: AZZ) and ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) Educational Services Inc. (NYSE: ESI (Edge Side Includes) A markup language for Web pages that enables elements of a Web page to be dynamically assembled in servers distributed throughout the Internet. ). 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: Bucyrus International Inc. (NASDAQ: BUCY) is one of the world's leading manufacturers of large-scale excavation equipment used in surface mining. The Zacks #1 Rank company reported outstanding second-quarter results of 83 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. , with an EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. surprise of 25.76%. BUCY satisfies this screen's parameters with a per share price of $69.57 and a historical EPS growth rate 48.60% over the past five years. Terra Industries Inc. (NYSE: TRA) sports a five-year historical EPS growth rate of 59.03% and a Zacks #1 Rank. For the second quarter, the company reported earnings of $1.86 per share, which exceeded the consensus of $1.23. TRA is an industry leader in the production and marketing of both nitrogen products and methanol methanol, methyl alcohol, or wood alcohol, CH3OH, a colorless, flammable liquid that is miscible with water in all proportions. Methanol is a monohydric alcohol. It melts at −97. . AZZ incorporated (NYSE: AZZ) qualifies for this profit track with historical EPS growth of 55.94% over the past five years, as well as a recent EPS surprise of 51.85%. The screen calls for five-year historical EPS growth greater than 17% and an EPS surprise of greater than 10% in its most recent quarter. AZZ's fiscal first-quarter EPS amounted to 54 cents, compared to 34 cents a year earlier. The Zacks #1 Rank company is an electrical equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
ITT Educational Services Inc. (NYSE: ESI), a Zacks #1 Rank company, earned its place on this profit track with five-year historical EPS growth of 29.30% and an EPS surprise of 16.50%. In the second quarter, ESI's year-over-year net earnings increased to $1.20 per share, from 87 cents, while analysts expected earnings of $1.03. ESI is a leading proprietary provider of technical postsecondary degree programs in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. based on student enrollment. 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 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% 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=4616 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=4617 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. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. 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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