Business Services Industry

Zacks Releases Four Powerful "Buy" Stocks: Titan International, EOG Resources, ICON Plc and Oil States International

Business Wire, August 7, 2008

CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Titan International, Inc. (NYSE: TWI), EOG Resources (NYSE: EOG), ICON Plc (Nasdaq: ICLR) and Oil States International, Inc. (NYSE: OIS).

Today, Zacks is promoting its "Buy" stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=88

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of 30%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% - but Zacks #1 Rank stocks gained 43.8%.

Here is a summary of today's selected stocks that are now highly rated by Zacks:

Aggressive Growth - Titan International, Inc. (NYSE: TWI)

Titan International just announced record sales for the second quarter of 2008 and increased its quarterly earnings by 167%, year-over-year. Analysts project an impressive growth rate for next year of 92.7% and is driven by its growing product line.

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

Growth & Income - EOG Resources (NYSE: EOG)

EOG Resources recently reported adjusted non-GAAP earnings of $2.52 per share for the second quarter. The result topped last year's $1.17 and exceeded Wall Street expectations by 11.5%. The natural gas and crude oil company also hiked its dividend by 12.5%.

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

Momentum - ICON Plc's (Nasdaq: ICLR)

ICON Plc's share price has been steadily climbing higher for most of 2008, producing excellent returns in a very challenging environment. The company's second-quarter results were ahead of analyst estimates for the fourth time in the last four quarters, providing additional fundamental strength to drive shares higher.

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

Value - Oil States International, Inc. (NYSE: OIS)

Oil States International continues to take advantage of a hot energy market as it saw second quarter revenues rise 26%. The company has beat Wall Street estimates 3 out of the last 4 quarters on average of 6.61%. Oil States has a forward P/E of 9.87.

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

How to Regularly Access Picks from the Zacks Rank Discovery for Free: http://at.zacks.com/?id=88

Underlying the four free stock picks is a simple truth that first appeared in a Financial Analysts Journal article published in 1979. Leonard Zacks, a Ph.D. in Mathematics from M.I.T. found that "earnings estimate revisions are the most powerful force impacting stock prices." Zacks #1 Rank is awarded to a stock when analysts sharply upgrade their estimates of what the company will earn.

Today, Zacks is promoting its stock recommendations by offering four daily picks free to those who register at http://at.zacks.com/?id=88

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.

Then, when changes are discovered, they're applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock-picking system continues to outperform the market by a nearly 3-to-1 margin.

More Free Stock Picks

Each weekday, new Zacks #1 Rank or Zacks #2 Rank stock picks are released on the free email newsletter, Profit from the Pros. Investors are invited to register for their free subscription at http://at.zacks.com/?id=91

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

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

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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