Zacks' Growth & Income Strategy highlights: Linn Energy, Targa Resources Partners, Aktieselskabet Dampskibsselskabet Torm and Williams Partners

Business Wire, August 28, 2008

CHICAGO -- The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields. Although this screen is based on a long-term and lower risk approach to investing, it has a history of outperforming the S&P 500. Four stocks meeting this screen's exclusive criteria are: Linn Energy, LLC (NASDAQ: LINE), Targa Resources Partners LP (NASDAQ: NGLS), Aktieselskabet Dampskibsselskabet Torm (NASDAQ: TRMD), Williams Partners L.P. (NYSE: WPZ). View the entire list of stocks for the Growth and Income Profit Track at http://at.zacks.com/?id=1850

Here are details about four companies currently identified by the Growth and Income Profit Track:

Linn Energy, LLC (NASDAQ: LINE) is an independent oil and gas company focused on the development and acquisition of long-lived properties. LINE reported that second quarter earnings amounted to 70 cents per share, marking a 22.81% surprise. LINE sports a dividend yield of 8.46% and, on Aug 14, paid a dividend of 63 cents to shareholders of record on Aug 7. In addition, LINE enjoys a per share price of $41.07.

Targa Resources Partners LP (NASDAQ: NGLS) has become one of the largest providers of integrated midstream natural gas services in the country. Moreover, NGLS offers a dividend yield of 9.07%, and therefore satisfies the criteria for this profit track. On Aug 14, the company paid out a dividend of 51 cents to shareholders of record on Aug 4. NGLS announced second-quarter earnings of 54 cents per share, while analysts expected 45 cents.

Aktieselskabet Dampskibsselskabet Torm (NASDAQ: TRMD) sports a dividend yield of 13.10% and a Zacks #1 Rank. TRMD announced second-quarter results of $2.10 per share, which were way above analysts' expectations of $1.29. In addition, the company recently increased its profit guidance for fiscal year 2008 to between $355 million and $370 million, compared to its earlier outlook of $295 million to $315 million.

Williams Partners L.P. (NYSE: WPZ) meets the requirements for this profit track with a high dividend yield of 8.62% and a per share price of $29.00. On Aug 14, the company paid a dividend of 62 cents for the second quarter, ending on Jun 30. WPZ also announced year-over-year first-quarter earnings of 92 cents per share, compared to 56 cents. Analysts expected earnings of 76 cents. WPZ, through its subsidiaries, primarily finds, produces, gathers, processes and transports natural gas.

Discover all the current stocks currently on the Growth and Income Profit Track at: http://at.zacks.com/?id=1896

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=4608

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