Business Services Industry

Zacks Upgrades and Revisions Strategy highlights ASV, Inc., Atrion Corp., CNS, Inc., and Select Comfort Corp

Business Wire, June 3, 2005

CHICAGO -- Earnings estimate revisions are the most powerful force impacting stock prices. Couple that with the proven benefits of upgrades in ratings from brokerage firms and you have a strategy with a compounded return of over 436% over the last few years. Four stocks meeting this screen's exclusive criteria as of June 2, 2005 are: ASV, Inc. (NASDAQ:ASVI), Atrion Corp. (NASDAQ:ATRI), CNS, Inc. (NASDAQ:CNXS), and Select Comfort Corp. (NASDAQ:SCSS). View the entire list of stocks for the Upgrades and Revisions Profit Track at http://at.zacks.com/?id=1844

Here are four companies that meet the following Upgrades and Revisions Profit Track:

ASV, Inc. (NASDAQ:ASVI) reported its fourth consecutive quarter of record sales and earnings in late April. The April report included first-quarter earnings of 40 cents per share, which outpaced last year's 26 cents and jumped ahead of the consensus estimate by 25%. Record performance is not the only positive in this company's history. ASVI has also enjoyed impressive earnings growth of approximately 97% over the past five years.

Atrion Corp. (NASDAQ:ATRI) posted first-quarter earnings of $1.23 per share in late April, surpassing the consensus estimate by about 43% and improving on last year's 70 cents. The company said that the increase in profits reflected not only a growth in sales but also the more favorable mix towards higher-margin products. This Zacks #1 Rank (Strong Buy) stock has experienced earnings growth of almost 29% over the past five years.

CNS, Inc. (NASDAQ:CNXS) develops and markets consumer health care products. During the past five years, this company has enjoyed an earnings growth rate of almost 37%. In late April, CNXS announced fiscal fourth-quarter earnings of 28 cents per share, soaring past the consensus estimate by almost 155% and climbing far above last year's two cents per share. The company mentioned that its results benefited from the effectiveness of several important initiatives, combined with a longer U.S. cold and flu season.

Select Comfort Corp. (NASDAQ:SCSS) stated in late April that strong unit growth across all channels was a primary contributor to its first quarter sales increases, particularly in its retail stores and other consumer-oriented channels such as ecommerce and retail partners. The company, which has seen earnings growth of almost 56% over the past five years, also reported earnings of 22 cents per share, beating last year's 18 cents and surprising the consensus by almost 16%.

Discover all the current stocks currently on the Upgrades and Revisions Profit Track at: http://at.zacks.com/?id=1869

About Profit Tracks

What is a "Profit Track"? Each one is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these 6 unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2004 the Upgrades and Revisions strategy was the top performing Profit Track with a return of 55.7%. The Return on Equity screen also produced 30.3% return in 2004. To see all 6 strategies along with philosophy, past performance and current stocks, then go to http://at.zacks.com/?id=1838

All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. Learn more about the Research Wizard and Free Trial offer. http://at.zacks.com/?id=111

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=1841

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(a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard and Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.

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.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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