Zacks.com Featured Expert Kevin Matras Highlights the Following Stocks: BioReliance Corp., Noble International Investments, Inc. and The Pantry, Inc.Business Editors CHICAGO--(BUSINESS WIRE)--Nov. 26, 2003 Zacks.com releases it's exclusive Screen of the Week report that highlights another successful stock picking strategy developed with their 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. Kevin Matras walks you through a new screen he's developed that's returned over +115% this year. Discover this hot strategy along with 3 top picks. Some stocks in this week's screen are: BioReliance Corp. (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 :BREL BREL British Rail Engineering Limited BREL Bureau Regional pour Ethnologie et la Linguistique (Italy) ), Noble International Investments, Inc. (NASDAQ:NOBL NOBL New Outer Blanket Layer ) and The Pantry, Inc. (NASDAQ:PTRY). Click here for the full story exclusively on Zacks.com: http://sotw.zacks.com Screen of the Week written by Kevin Matras of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. : Big Money Aside from big returns, one of the main benefits of this screen is that it generates the same number of qualified stocks per period. (3) The parameters are; Zacks Rank less than or equal to 2. (Only Zacks Buys and Strong Buys allowed.) The Zacks Rank has proven to be one of the best if not THE BEST rating system out there.) Average Broker Rating less than 2. (Strong Buys and varying degrees of average Strong Buys.) Percent Change in Price over 24 equals Top 10%. (Looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. the top 10% of performers out of the list above.) Percent Change in Price over 12 weeks equals Top 50%. (Looking for the top 50% of performers out of the list above.) Percent Change in Price over 4 weeks equals Top 3. (Looking for the 3 best price gainers out of the list above.) The results; Over the last 2 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time average annual gross return is +165.80% with an average win ratio (winning periods) of 70%. (Rebalanced every 4 weeks.) And you only have to trade 3 stocks a month. Admittedly, since this strategy looks for price momentum, it's probably no surprise that it's done better this year than last. But even so, last year's (2002) average cumulative gross returns of over +75% are still something to brag about. Of course, there's even more to brag about this year, (2003) with its average cumulative gross returns of over +115%. This screen is still a work in progress, but incorporating this strategy as it is currently into your own stock picking routine could dramatically super-charge your portfolio. This weeks picks are; (as of Monday 11/24/03) BREL BioReliance Corp. NOBL Noble International Investments, Inc. PTRY The Pantry, Inc. Remember the key to successful screening is in discovering those screens that have produced profitable results in the past. And that's exactly what you get with the powerful Backtesting Backtesting The process of testing a trading strategy on prior time periods. Instead of applying a strategy for the time period forward, which could take years, a trader can do a simulation of his or her trading strategy on relevant past data in order to gauge the its effectiveness. ability of Research Wizard. Click here to find out more about our free trial to this profitable stock selection tool.http://researchwiz.zacks.com About Screen of the Week Zacks.com created the first and best screening system on the web and that's what earned us the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why we created the Screen of the Week to highlight profitable stock picking strategies that you can actively employ on your own. Each week we share a new screening strategy in our Profit from the Pros free email newsletter. Learn more about it here http://sotw.zacks.com. 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 our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. 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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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