Zacks.com releases the latest list of
Zacks Rank Buy Stocks. Every day on Zacks.com,
four stock picks are made based on criteria for the each of the four
main styles of investing: Aggressive Growth, Growth & Income, Momentum
and Value. The four Zacks Rank Buy stocks highlighted today are DeVry,
Inc. (NYSE: DV), CA, Inc. (NASDAQ: CA), Fording Canadian
Coal Trust (NYSE: FDG) and Whiting Petroleum Corporation
(NYSE: WLL).
Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual
return of +32.2% 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:
Aggressive Growth – DeVry, Inc. (NYSE:
DV)
DeVry Inc. is educating shareholders on how to make money. Its
acquisitive strategy has paid off nicely and earnings are robust. It
even announced a dividend in late-2006. A look beneath the numbers
reveals a clean bill of health. Over the past month, this year's
earnings estimates have risen nine cents to $1.79 per share. 10 of the
13 covering analysts have risen their forecasts.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – CA, Inc. (NASDAQ:
CA)
CA, Inc. continues to offer solid growth and income. The company is
scheduled to release fiscal fourth-quarter and full-year results on May
22, 2008. CA recently moved its stock exchange listing from The New York
Stock Exchange to The NASDAQ®. The company's
ROE of 17% exceeds the industry average of 13%. CA declared a regular,
quarterly cash dividend of four cents per share in late February. The
company's dividend yield of 0.7% is a competitive one within its
industry.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Fording Canadian Coal Trust
(NYSE: FDG)
Fording Canadian Coal Trust reported disappointing first-quarter results
on Apr 21, but the company quelled investor concerns by providing a very
bullish forecast for the rest of the year. With a substantial number of
its contracts for 2008 negotiated, Fording is expecting its average
selling price for coal to be more than twice the level from 2007.
Current-year earnings estimates have almost doubled in just the last 30
days.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – Whiting Petroleum Corporation
(NYSE: WLL)
Whiting Petroleum is reaping the benefit of sky high oil prices as the
company reported a record first quarter and saw net income increase
five-fold over 2007. Whiting has surprised on earnings in the last four
quarters by an average of 21.69%. The company's 2008 P/E is 14.73.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
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." Since inception in
1988, #1 Rank stocks have generated an average annual return of +32.2%.
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 129% annually (+5.3% vs. +12.1%). Thus,
the Zacks Rank system allows investors to truly manage portfolio trading
effectively.
Visit http://www.zacks.com/performance
for information about the performance numbers displayed in this press
release.
Zacks “Profit from the Pros”
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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
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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
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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.
