Zacks Earnings and Margins Strategy highlights: CEVA, Appliance Recycling Centers of America, ITC Holdings and Continucare

Business Wire, Nov 17, 2008

CHICAGO -- Earnings are the single most important metric for a company. Combine that with a healthy Net Profit Margin and you find a screen that has generated a cumulative return of 623.7% since January 2001. For 2006, this Profit Track has returned 23.4%. For the first month of 2007, this Profit Track returned 4.0%. This screen is called the Earnings and Margins Profit Track strategy. Here are four stocks meeting this screen's exclusive criteria: CEVA Inc. (NASDAQ: CEVA), Appliance Recycling Centers of America Inc. (NASDAQ: ARCI), ITC Holdings Corp. (NYSE: ITC) and Continucare Corp. (AMEX: CNU). View the entire list of stocks for the Earnings and Margins Profit Track at http://at.zacks.com/?id=1858

Here are four companies that meet the following Earnings and Margins Profit Track:

CEVA Inc. (NASDAQ: CEVA) reported first-quarter earnings of 5 cents per share, marking a 66.7% year-over-year increase. This Zacks #1 Rank company makes the grade for this profit track with a growth rate of 700% and an average broker recommendation of 1. CEVA is a leading licensor of silicon intellectual property platform solutions and DSP cores for mobile handset, consumer electronics and storage applications.

Appliance Recycling Centers of America Inc. (NASDAQ: ARCI) is the nation's largest recycler of major household appliances. The Zacks #2 Rank company reported solid third quarter earnings of 25 cents per share, which exceeded analysts' expectations of 17 cents. ARCI is currently enjoying an average broker rating of 1 and a growth rate of 272.7%, which place it on the Earnings and Margins profit track. The company also sports a net margin of 3%.

ITC Holdings Corp. (NYSE: ITC) delivered an EPS surprise of 27.27% in the third quarter. The Zacks #1 Rank company enjoys a net margin of 17%, indicating that it is a solid company with good earnings. Moreover, ITC sports an average broker rating of 1 and a growth rate of 70.7%. ITC is in the business of transmitting high-voltage electricity throughout the central United States and in Canada.

Continucare Corp. (AMEX: CNU) announced year-over-year first-quarter earnings of 4 cents per share, compared to 3 cents. CNU currently enjoys a net profit margin of 4% and a Zacks #2 Rank, which qualifies this company for the Earnings and Margins profit track. In addition, CNU sports an average broker recommendation of 1. CNU provides a continuum of outpatient and ancillary healthcare services.

Discover all the current stocks currently on the Earnings and Margin Profit Track at: http://at.zacks.com/?id=1859

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=4633

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 at http://at.zacks.com/?id=4634

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