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 Panera Bread Company
(Nasdaq: PNRA), Murphy Oil Corp. (NYSE: MUR), Textainer Group
Holdings Ltd. (NYSE: TGH) and Superior Essex, Inc. (Nasdaq:
SPSX).
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 – Panera Bread Company
(Nasdaq: PNRA)
Panera Bread's yeast isn't the only thing rising these days. The stock
has been performing well since its first-quarter results. Same-store
sales are also growing nicely. Over the past month, this year's earnings
estimates have increased eight cents to $2.10 per share. Ten of the 12
covering analysts have raised their forecast.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Murphy Oil Corp.
(NYSE: MUR)
Murphy Oil Corp., a Zacks #1 Rank (Strong Buy) company, recently posted
a robust first quarter that included earnings per share of $2.14, which
more than tripled the previous year’s 58 cents
and eclipsed the consensus estimate by 15%. Wall Street has been bullish
on MUR’s full-year earnings estimates. Six out
of 11 covering analysts upped year 2008 projections to $7.71 per share
from last month’s $7.29. Murphy’s
ROE of 23% almost doubles the industry average of 12%.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Textainer Group Holdings Ltd.
(NYSE: TGH)
Textainer Group Holdings Ltd. shares have been in rally formation
for the last few months after bottoming out in early February just below
the $11 mark. Much of the recent surge comes on the company's solid
first-quarter results, reported on May 5, in which revenue was up 22%
from the same period last year. The container industry is booming right
now because shippers have been suffering from a sever shortage in light
of increased global trade.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – Superior Essex, Inc. (Nasdaq:
SPSX)
Superior Essex is optimistic about the second quarter even as the North
American market remains slow. The global wire and cable product
manufacturer has surprised on estimates the last four quarters on
average of 25.97%. Despite the stock trading near 52 week highs, the
company has a 2008 P/E of only 10.78.
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.
