Zacks Buy List Highlights: FARO Technologies, Inc., Jones Lang LaSalle Incorporated, Trimble Navigation Ltd. and RLI Corp

Business Wire, August 7, 2007

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 FARO Technologies, Inc. (Nasdaq: FARO), Jones Lang LaSalle Incorporated (NYSE: JLL), Trimble Navigation Ltd. (Nasdaq: TRMB), and RLI Corp. (NYSE: RLI).

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 - FARO Technologies, Inc. (Nasdaq: FARO)

FARO Technologies, Inc. is performing exceptionally well just as the broader market is struggling through a correction. Earnings have been wonderful as evidenced by the last two quarters. Those quarters have averaged a positive surprise of 48%. Just over the past week, this year's estimates have jumped 11 cents to $1.31 per share, while next year's numbers have risen eight cents to $1.68 per share. Analysts project long-term earnings growth of 23.33%.

Growth & Income - Jones Lang LaSalle Incorporated (NYSE: JLL)

Jones Lang LaSalle Incorporated exceeded analysts' earnings expectations in five out of the past six quarters, most recently by 127.5% in the second quarter. Consensus earnings estimates for this year and next year are up over the past 30 days. Earnings per share are projected to grow 15% over the next 3-5 years. On May 1, the Board of Directors declared a semi-annual cash dividend of 35 cents per share. JLL has a current dividend yield of 0.67%.

Momentum - Trimble Navigation Ltd. (Nasdaq: TRMB)

Trimble Navigation Ltd. has gained over 51% this year, already surpassing its remarkable 2006 return of 42.9%. A 5-year chart illustrates the company's consistent long-term trend, climbing from around $3 per share to over $38 today. The stock is currently trading at 52-week highs on almost twice the normal volume and well above the 21-day, 50-day, and 200-day moving averages.

Value - RLI Corp. (NYSE: RLI)

RLI Corp., a Zacks #1 Rank stock, exceeded analysts' earnings expectations in four straight quarters by an average margin of 45.4%. Consensus earnings estimates have risen over the past 30 days. On May 3, the Board of Directors announced a 10% boost in its quarterly dividend to 22 cents per share and authorized a new stock repurchase program for up to $100 million of the company's common stock. RLI has a price-to-book ratio of 1.7, compared to 4.6 for the market.

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." 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.

Zacks Rank performance is the total return (price changes dividends) of equal weighted portfolios, consisting of those stocks with the indicated Zacks Rank, assuming zero transaction costs. These returns are not the result of a backtest; these are actual returns since 1988. The stocks in the Zacks Rank portfolios were available to Zacks clients before the beginning of each month (monthly rebalancing). Performance results from 1988 through June 2007 are based on a subset of all Zacks Rank stocks that excludes stocks covered by only one analyst and ADR's.

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