Message #2 From:
NewsBot Date: February 21, 2007 05:04:00 AM
PCR News Zacks Buy List Highlights: Perini Corporation, ACE Limited, Psychiatric Solutions, Inc. and Superior Well Services, Inc.
CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Perini Corporation (NYSE: PCR), ACE Limited (NYSE: ACE), Psychiatric Solutions, Inc. (Nasdaq: PSYS), and Superior Well Services, Inc. (Nasdaq: SWSI).
Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.8% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88
Here is a synopsis of today’s Zacks Rank Buy Stocks:
Perini Corporation has met or exceeded estimates in 11 out of the past 12 quarters. Three analysts have raised their forecasts for this year. Earnings estimates have turned upward over the past week for both this year and next year. Next year's estimates jumped 15 cents to $2.75 per share over the past week. The stock is attractively priced at 14x next year's estimates.
ACE Limited exceeded analysts’ earnings expectations in 14 out of the past 16 quarters, including an 11% surprise in its most recent quarter. Analysts have been upping their profit forecasts for both this year and next. ACE has a current dividend yield of 1.7% and a five-year average dividend yield of 1.9%. Its return on equity tops that of the industry average—19% compared to 16%.
Momentum –Psychiatric Solutions, Inc. (Nasdaq: PSYS)
On Feb 15, Psychiatric Solutions, Inc. delivered its twelfth straight positive earnings surprise. The company reported EPS of 33 cents, up 27% from the same quarter last year and a 10% positive earnings surprise. The company set a new 52-week high on twice normal volume on Friday, then followed again on Tuesday with another 52-week high.
Value –Superior Well Services, Inc. (Nasdaq: SWSI)
Superior Well Services, Inc. topped analysts’ earnings expectations for six straight quarters by an average margin of 15.5%. The Zacks #1 Rank company recently announced solid fourth-quarter and full-year 2006 results. Consensus estimates for this year and next have risen over the past two months.
Truly taking advantage of the Zacks Rank requires the understanding of how it works.
The free special report, “Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions,” provides an insightful background about this wealth-building tool. Download your free copy of the report now to prosper in the years to come by visiting http://at.zacks.com/?id=93.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that “Earnings estimate revisions are the most powerful force impacting stock prices.” A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.77 million – equivalent to a 31.8% annualized return! During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8%, while the S&P 500 tumbled 37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 143.6% annually (+4.8% vs. +11.8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Zacks “Profit from the Pros” e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=90.
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 http://at.zacks.com/?id=91
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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.
