Zacks Buy List Highlights: ProLogis, J.C. Penney Corporation, Inc., Supertex, Inc. and Riverview Bancorp, Inc

Business Wire, Nov 22, 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 ProLogis (NYSE: PLD), J.C. Penney Corporation, Inc. (NYSE: JCP), Supertex, Inc. (Nasdaq: SUPX), and Riverview Bancorp, Inc. (Nasdaq: RVSB).

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of 31.8% 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 - ProLogis (NYSE: PLD)

Earnings estimates for ProLogis have jumped nicely over the past month for both this year and next. 2006 earnings have risen 10.8% to $3.58 per share over the past 30 days, while next year's estimates have increased an even more impressive 13.3% to $3.93 per share. The company has exceeded earnings estimates in five straight quarters.

Growth & Income - J.C. Penney Corporation, Inc. (NYSE: JCP)

J.C. Penney Corporation, Inc., which was first featured as a Growth & Income stock on Aug 22, exceeded analysts' earnings expectations in 13 out of the past 14 quarters. The stock is up 20% since its debut. After reporting solid results for the third quarter, the company upped its fourth-quarter and full-year earnings per share guidance. This Zacks #1 Rank stock has a current dividend yield of 0.89%.

Momentum - Supertex, Inc. (Nasdaq: SUPX)

Supertex, Inc. reported earnings almost a month ago and the stock is still feeling the effect of a positive earnings surprise. On Oct 24, SUPX reported EPS of 43 cents, versus 31 cents last year, and a 10.3% positive surprise above analysts' consensus estimates. The stock's close on Monday was it's highest in more than six years and with Moving Average Convergence Divergence (MACD) now turning up, general momentum in this stock now favors the upside.

Value - Riverview Bancorp, Inc. (Nasdaq: RVSB)

Riverview Bancorp, Inc., a Zacks #1 Rank stock, exceeded analysts' earnings expectations in four out of the past five quarters by an average margin of 10.4%. The company recently reported record second-quarter fiscal 2007 profits. Consensus estimates for both this year and next have been trending higher. RVSB has a price-to-book ratio of 1.7, compared to 4.9 for the market. It is currently yielding 2.9%.

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.

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.77 million - equivalent to a 31.8% annualized return! 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 143.6% annually ( 4.8% vs. 11.8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

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