CHICAGO - (Business Wire) 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: Accenture Ltd. (NYSE: ACN), Bunge Limited (NYSE: BG), Frontline, Ltd. (NYSE: FRO) and UniFirst Corporation (NYSE: UNF).
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 – Accenture Ltd. (NYSE: ACN)
Accenture Ltd. is not just sustaining itself in this tough environment, it is actually prospering, having recently reported excellent third-quarter results that were ahead of analyst estimates. After dipping lower in late 2007, the company's share price is once again in rally mode, producing excellent gains for the last 5 months.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Bunge Limited (NYSE: BG)
Bunge Limited sees solid growth ahead as evidenced by the company’s recent increase of its full-year 2008 guidance from a range of $7.10 to $7.40 per share to $9.35 to $9.65 per share. Wall Street is in agreement, pegging current estimates at $9.58 per share, versus last month’s $7.47. In addition to the promise of growth, Bunge will reward investors with income in the form of a 0.7% dividend yield, which is more than what is being paid by the other companies within BG’s industry group.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Frontline, Ltd. (NYSE: FRO)
Frontline, Ltd. shares recently traded lower after hitting a new 52-week and all-time high above the $72 mark in late June. This stock is currently pressuring a key support level and looks well positioned to rebound. At these levels, especially when considering the nice dividend Frontline pays, this stock looks like a great deal.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – UniFirst Corporation (NYSE: UNF)
UniFirst reported a record third quarter as the uniform manufacturing and laundry business remains hot. The company has surprised on estimates the last three quarters on average of 22.37%. UniFirst has a forward P/E of 14.07.
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.
Zacks.com
Aggressive Growth Stocks:
Contact: Michael Vodicka
Phone: 312-265-9226
or
Growth & Income Stocks:
Contact: Alex Kolb
Phone: 312-265-9149
or
Momentum Stocks:
Contact: Michael Vodicka
Phone: 312-265-9226
or
Value Stocks:
Contact: Tracey Ryniec
Phone: 312-265-9232
Email: pr@zacks.com
Visit: www.zacks.com
