Zacks Buy List Highlights: Research In Motion, Bunge Ltd., Olympic Steel, Inc. and ArcelorMittal Sa Luxembourg

Business Wire, April 8, 2008

CHICAGO -- Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every day on Zacks.com, four stock picks are made based on criteria for the each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Research In Motion (Nasdaq: RIMM), Bunge Ltd. (NYSE: BG), Olympic Steel, Inc. (Nasdaq: ZEUS) and ArcelorMittal Sa Luxembourg (NYSE: MT).

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 - Research In Motion (Nasdaq: RIMM)

Research In Motion has seen very little slowdown in its business. Its place as an innovator and low-cost producer in the industry has served it quite well. RIMM has made it a habit of beating analyst estimates. It has averaged a 5.3% surprise over the past four quarters. This year's earnings estimates have spiked 24 cents to $3.64 in just the past week.

Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309

Growth & Income - Bunge Ltd. (NYSE: BG)

Bunge Ltd. declared a regular quarterly dividend of 17 cents per share in late February. In addition to offering income, BG is a solid growth company. In early February, BG reported fourth-quarter results, highlighting growth in many areas, which included a 77% year-over-year increase in total segment operating profit. Wall Street estimates have been on the rise for this Growth & Income pick. Its earnings per share are expected to grow by 11% over the next 3 - 5 years, which is in line with the industry average. The company's ROE of 15% is also in line with the industry.

Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310

Momentum - Olympic Steel, Inc. (Nasdaq: ZEUS)

Olympic Steel shares have been surging forward in the last two weeks as the company gets ready to report its first quarter earnings on Apr 30. In spite of a challenging environment, the company has managed to post respectable gains in both sales and income, as seen when it reported its fourth quarter and full-year results on Feb 21. Net sales for the full year increased 4.9% to a record $1.03 billion.

Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311

Value - ArcelorMittal Sa Luxembourg (NYSE: MT)

ArcelorMittal is parlaying its sheer size into massive profits as the steel sector stays hot. The company has been on an acquisition binge, announcing 35 transactions in 2007 alone. It has also been buying back stock to the tune of $1.8 billion in 2007 and expects to buy back $2.1 billion in 2008. ArcelorMittal trades at a price-to-earnings of only 10.69.

Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312

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.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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.

About Zacks

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