Zacks Releases Four Powerful "Buy" Stocks: Corn Products International, Fluor Corporation, Agrium and ADC Telecommunications

Business Wire,  June 11, 2008  

Tags: ADC Telecommunications Inc., stock

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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: Corn Products International, Inc. (NYSE: CPO), Fluor Corporation (NYSE: FLR), Agrium, Inc. (NYSE: AGU) and ADC Telecommunications, Inc. (Nasdaq: ADCT).

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 - Corn Products International, Inc. (NYSE: CPO)

Corn Products International recently reported another solid quarterly performance, posting record net income for the ninth consecutive quarter. Both sales and income were up nicely, with income increasing 18% from the same period last year. In spite of the great results and the bullish outlook, this stock is still carrying attractive valuations.

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

Growth & Income - Fluor Corporation (NYSE: FLR)

Fluor Corporation recently posted first-quarter results that reflected growth in many areas, and as if that wasn't enough, FLR is rewarding shareholders with income. Quarterly earnings per share of $1.50 outpaced the year-ago 94 cents and eclipsed the consensus estimate by 19%. The company has also been quite bullish on its earnings guidance. FLR offers a solid ROE of 22%, which trounces the industry average of 9%. The company's dividend yield of 0.5% stands out in its industry as most of its peers offer no dividend.

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

Momentum - Agrium, Inc. (NYSE: AGU)

Agrium, Inc. is cashing in on the big boom in the agriculture sector. The company posted amazing second-quarter results on May 8 in which income jumped from a loss of $11 million to a gain of $195 million. Analyst estimates continue to rise, with the current-year estimate jumping ahead to $6.74 per share from $4.85 just 90 days ago.

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

Value - ADC Telecommunications, Inc. (Nasdaq: ADCT)

ADC Telecommunications saw sales jump 6% in the second quarter as global sales continued to be strong. The Asia-Pacific region saw sales increase 64% year-over-year. ADC has beaten estimates each of the last four quarters on average of 33.02%. The company has a 2008 P/E of 12.87.

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.

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