Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
The four highlighted picks are: First Solar, Inc. (Nasdaq: FSLR), Snap-on, Inc. (NYSE: SNA), Kansas City Southern's (NYSE: KSU) and AGCO Corporation (NYSE: AG).
Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=88
Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +30%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.
Here is a summary of today's selected stocks that are now highly rated by Zacks:
Aggressive Growth – First Solar, Inc. (Nasdaq: FSLR)
First Solar recently announced second-quarter revenue of $267 million, over three times its revenue from the second quarter of 2007. The company was also selected to build two of the largest solar PV plants in California.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Snap-on, Inc. (NYSE: SNA)
Snap-on saw a sizeable share price boost on a strong second quarter, sending the stock to a near 52-week high level. Analysts see more growth ahead as evidenced by higher full-year earnings forecasts. The company’s dividend yield of 2.1% remains very competitive when measured against the industry average of 0.9%.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Kansas City Southern's (NYSE: KSU)
Kansas City Southern's share price has been in rally mode for the past month, as this rail shipper continues to benefit from strong demand created by higher fuel prices. The company's second-quarter results, reported on July 31 were excellent, providing fundamental strength to support a higher share price.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – AGCO Corporation (NYSE: AG)
AGCO posted a record second quarter as the market for its tractors and combines remained hot worldwide. The company has surprised on earnings for 4 consecutive quarters by an astounding average of 64.61%. This last quarter was no exception, as AGCO blew by Wall Street estimates by 39.58%. AGCO has a forward P/E of 13.00.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
How to Regularly Access Picks from the Zacks Rank Discovery for Free:http://at.zacks.com/?id=88
Underlying the four free stock picks is a simple truth that first appeared in a Financial Analysts Journal article published in 1979. Leonard Zacks, a Ph.D. in Mathematics from M.I.T. found that "earnings estimate revisions are the most powerful force impacting stock prices." Zacks #1 Rank is awarded to a stock when analysts sharply upgrade their estimates of what the company will earn.
Today, Zacks is promoting its stock recommendations by offering four daily picks free to those who register at http://at.zacks.com/?id=88
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.
Then, when changes are discovered, they’re applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock-picking system continues to outperform the market by a nearly 3-to-1 margin.
More Free Stock Picks
Each weekday, new Zacks #1 Rank or Zacks #2 Rank stock picks are released on the free email newsletter, Profit from the Pros. Investors are invited to register for their free subscription at http://at.zacks.com/?id=91
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.
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 to buy or sell any security.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Contacts:
Aggressive Growth Stocks:
Bill Wilton
312-265-9277
or
Growth
& Income Stocks:
Alex Kolb
312-265-9149
or
Momentum
Stocks:
Michael Vodicka
312-265-9226
or
Value Stocks:
Tracey
Ryniec
312-265-9232
pr@zacks.com
www.zacks.com
