Business Services Industry
Zacks Buy List Highlights: Westinghouse Air Brake Technologies Corporation, Tupperware Brands Corporation, Focus Media Holding Limited, and PolyOne Corporation
Business Wire, May 31, 2006
CHICAGO -- 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 Westinghouse Air Brake Technologies Corporation (NYSE:WAB), Tupperware Brands Corporation (NYSE:TUP), Focus Media Holding Limited (Nasdaq:FMCN), and PolyOne Corporation (NYSE:POL). E[acute accent]Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of 33% 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
E[acute accent]Here is a synopsis of today's Zacks Rank Buy Stocks:
E[acute accent]Aggressive Growth - Westinghouse Air Brake Technologies Corporation (NYSE:WAB) E[acute accent]Westinghouse Air Brake Technologies Corporation has exceeded earnings estimates for four consecutive quarters by at least 14%. Five analysts have raised their numbers for 2006, while four have done so for 2007. Over the past 60 days, 2006 estimates have increased 7% to $1.69 per share. Over the same period, 2007 estimates have risen 11.1%.
E[acute accent]Growth & Income - Tupperware Brands Corporation (NYSE:TUP)
E[acute accent]Tupperware Brands Corporation exceeded analysts' earnings estimates for 11 straight quarters, most recently by 5.9%. Earnings per share are projected to grow 10.0% over the next 3-5 years. Analysts have been upping their estimates for this Zacks #1 Rank stock. The company is currently yielding 4.2% and has a five-year average dividend yield of 4.7%.
E[acute accent]Momentum - Focus Media Holding Limited (Nasdaq:FMCN)
E[acute accent]Is Focus Media Holding Limited ready to set new highs? Shares of FMCN jumped 12% in reaction to the May 18 earnings report. Importantly, FMCN reaction to the report was not sufficient to set new 52-week highs and the stock could only match the high set on May 5 at 69.95. Since then however, the stock has sold off and is generally moving sideways in a tight trading range between $70 and $60.
E[acute accent]Value - PolyOne Corporation (NYSE:POL)
E[acute accent]PolyOne Corporation, a Zacks #1 Rank stock, topped the Street's earnings estimate in seven out of the past eight quarters, most recently by 65.0%. Analysts' earnings estimates have been trending higher for this year and next year. The company is currently trading at a discounted valuation--with a price-to-book ratio of 1.8. POL's return on equity is twice that of the industry average. E[acute accent]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.
E[acute accent]About the Zacks Rank
E[acute accent]For over 18 years, 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 33%. 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 129.7% annually ( 5.2% vs. 11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. E[acute accent]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. E[acute accent]The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD. Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors.
E[acute accent]About Zacks
E[acute accent]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 E[acute accent]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. E[acute accent](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 & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees. E[acute accent]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.
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