Zacks Recent Price Strength Strategy Highlights: Continental Resources, Trico Marine Services, Omega Protein, and Partner Communications

Business Wire, March 17, 2008

CHICAGO -- This stock picking strategy looks for companies trading in the upper range of their 52-week highs that have attractive fundamental attributes. This strategy proves that "trend is your friend" with a 25.7% return versus 10.9% for the S&P 500 in 2006. This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's criteria are Continental Resources Inc. (NYSE: CLR), Trico Marine Services Inc. (Nasdaq: TRMA), Omega Protein Corp. (NYSE: OME), Partner Communications Co. Ltd. (NASDAQ: PTNR). View the entire list of stocks for the Recent Price Strength Profit Track at http://at.zacks.com/?id=1863

Here are details about four companies currently identified by the Recent Price Strength Profit Track:

Continental Resources Inc. (NYSE: CLR) is an independent oil and natural gas exploration and production company with a per share price of $29.30 and a Zacks #2 Rank. CLR's stock price is currently very close to it's 52 week high, with a solid 15.4% gain in the last month. In January, CLR acquired producing oil properties in North Dakota and Montana from an affiliate of Chesapeake Energy Corporation for $60 million. CLR recently reported a strong year, with fourth quarter and annual revenue of $184 million and $582.2 million, respectively, compared to $156.8 million and $483.7 million.

Trico Marine Services Inc. (Nasdaq: TRMA) provides marine support vessels to the offshore oil and gas industry. The Zacks #1 Rank company had an 18.95% price change in the past four weeks, which qualifies it for the Recent Strength profit track. On Feb 18, TRMA reported strong results, including a fourth-quarter net profit of $30.7 million and an annual profit of $62.9 million. The quarter's net profit increase was due mostly to changes in the Norwegian Tonnage Tax rules, which took place in December 2007.

Omega Protein Corp. (NYSE: OME) is a Zacks #2 Rank company that recently reported a strong quarter with revenues jumping to $44.3 million from $26.1 million. Revenue for the year went to $157.1 million. The company recently set a 52 week-high, as its price increased by an incredible 56.62% in the past four weeks. Omega Protein is the world's largest manufacturer of heart-healthy fish oils containing Omega-3 fatty acids.

Partner Communications Co. Ltd. (NASDAQ: PTNR) is a leading Israeli mobile communications operator known for its GSM/GPRS/UMTS/HSDPA based services and the development of wire free applications. The company's year-over-year fourth quarter profit increased by 49%, jumping to $16.3 million from $10.9 million. The annual profit increased by 23% to $51.6 million from $41.9 million. PTNR's per share price is currently $22.96, which is extremely close to its 52 week-high. Partner Communications sports a Zacks #1 Rank and is enjoying a four week price increase of 5.47%.

Discover all the current stocks currently on the Recent Price Strength Profit Track at: http://at.zacks.com/?id=1864

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.

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