Zacks' Low Price Stocks strategy highlights: Amkor Technology, Books-A-Million, Phoenix Companies and SYNNEX Corp

Business Wire, May 17, 2007

CHICAGO -- Looking for stocks priced below $20? How about companies with discount valuations and a track record of a positive trend in earnings estimates revisions? The Low Price Stocks Profit Track Strategy identifies such stocks. This screen generated a 56.5% return in 2006. Four stocks meeting this screen's exclusive criteria are Amkor Technology, Inc. (Nasdaq: AMKR), Books-A-Million, Inc. (Nasdaq: BAMM), Phoenix Companies, Inc. (NYSE: PNX) and SYNNEX Corp. (NYSE: SNX). View the entire list of stocks for the Low Price Stocks Profit Track at http://at.zacks.com/?id=2140.

Here are details about four companies currently identified by the Low Price Stocks Profit Track:

Amkor Technology, Inc. (Nasdaq: AMKR) recently posted first-quarter earnings of 18 cents per share, beating the consensus estimate by 20%. The company stated that quarterly financial performance was in line with guidance and is further evidence of its success in achieving consistent levels of profitability and generating free cash flow. AMKR meets the criteria for this Profit Track as evidenced by its price-to-sales ratio of 0.90 and earnings per share profitability of $1.02 over the past 12 months.

Books-A-Million, Inc. (Nasdaq: BAMM) earned $1.12 per share during the past 12 months and sports a price-to-sales ratio of 0.52. The company reported fourth-quarter earnings of 90 cents per share in late March, outpacing the consensus estimate by 11%. Books-A-Million said improvements in margin, better inventory management and discipline in cost control contributed to solid results.

Phoenix Companies, Inc. (NYSE: PNX), a Zacks #1 Rank (Strong Buy) company, has a price-to-sales ratio of 0.69. During the past 12 months, PNX earned $1.21 per share. The company recently announced first-quarter earnings of 33 cents per share, exceeding the consensus estimate by 43.5% and outperforming the year-prior result. Phoenix Companies mentioned that this quarter provides a strong start to the year for both top and bottom line growth and continues the favorable results of last year's second half.

SYNNEX Corp. (NYSE: SNX) released its fiscal first-quarter report in late March. Earnings per share of 43 cents were ahead of last year's 34 cents and surpassed the consensus estimate of 40 cents. The company noted that it continues to deliver improved results due to increased efficiencies in its business model and solid execution in its core distribution business. SNX expects second-quarter earnings per share to range between 43 cents and 45 cents. Analysts are in agreement as evidenced by current forecasts of 44 cents per share, which are up from the two months-ago projections of 41 cents. The company's price-to-sales ratio stands at 0.10, and it experienced earnings per share profitability of $1.70 over the past 12 months.

Discover all the current stocks currently on the Low Price Stocks Profit Track at: http://at.zacks.com/?id=2141.

About Profit Tracks

What is a "Profit Track"? Each Profit Track 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 nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of 56.5% followed by the Discounted Fundamental screen with a 34% return. To see all nine strategies along with philosophy, past performance, and current stocks, 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. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=2156

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