Zacks Buy List Highlights: Immucor, Inc., T. Rowe Price Group, Inc., AK Steel Holding Corporation and American Home Mortgage Investment Corp

Business Wire, Feb 1, 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 Immucor, Inc. (Nasdaq: BLUD), T. Rowe Price Group, Inc. (Nasdaq: TROW), AK Steel Holding Corporation (NYSE: AKS), and American Home Mortgage Investment Corp. (NYSE: AHM).

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 - Immucor, Inc. (Nasdaq: BLUD)

Immucor, Inc. has met or exceeded earnings estimates in each of the past three quarters, with the last two surprises averaging 11%. Year-over-year growth has exceeded 50% in six out of the past seven quarters. Three analysts have raised their numbers for 2006, while two have done so for 2007. Over the past month, this year's estimates have increased almost 5% to 77 cents per share.

Growth & Income - T. Rowe Price Group, Inc. (Nasdaq: TROW)

T. Rowe Price Group, Inc. beat the Street's earnings estimate in six out of the past seven quarters. The company increased revenues and grew profits for the past four years. Assets under management finished the year at a record $334.7 billion.

TROW recently boosted its quarterly dividend by 21.4% to 17 cents per share, leading to a current dividend yield of 1.4%.

Momentum - AK Steel Holding Corporation (NYSE: AKS)

On Jan 23, AK Steel Holding Corporation reported fourth-quarter 2006 earnings per share of 20 cents, missing analysts' expectations by a penny. Sales grew to $1.58 billion from $1.38 billion. AKS set new 52-week highs on Tuesday, with volume more than twice normal. In fact, AKS is now trading at a seven-year high.

Value - American Home Mortgage Investment Corp. (NYSE: AHM)

American Home Mortgage Investment Corp., a Zacks #1 Rank stock, exceeded analysts' earnings expectations for 12 straight quarters. Consensus earnings estimates have shot upward since AHM released its fourth-quarter and full-year results. On Nov 20, the Board of Directors declared a quarterly cash dividend of $1.06 per share. The company has a price-to-book ratio of only 1.6, compared to 4.8 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." 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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