Business Services Industry

Zacks Releases Four Powerful "Buy" Stocks: Under Armour, Ritchie Bros. Auctioneers, Greenhill & Co. and Terra Industries

Business Wire, Oct 9, 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: Under Armour, Inc. (NYSE: UA), Ritchie Bros. Auctioneers, Inc. (NYSE: RBA), Greenhill & Co. (NYSE: GHL) and Terra Industries, Inc. (NYSE: TRA).

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 - Under Armour, Inc. (NYSE: UA)

Under Armour just signed a 5-year $17.5 million dollar deal with the University of Maryland as it approaches its Oct 28 earnings announcement. The company has been beat up in the past couple weeks and is now trading at a fair PEG ratio near 1.0.

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

Growth & Income - Ritchie Bros. Auctioneers, Inc. (NYSE: RBA)

Ritchie Bros. Auctioneers, a Zacks #1 Rank ("strong buy") company, announced another record-breaking quarter in early August. Adjusted earnings per share of 37 cents topped last year's 25 cents and exceeded the consensus estimate by 19%.

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

Momentum - Greenhill & Co. (NYSE: GHL)

Greenhill & Co. continues to distinguish itself from its Wall Street brethren by avoiding risky bets and growing its earnings. The company's share price has been rallying since July.

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

Value - Terra Industries, Inc. (NYSE: TRA)

Terra Industries has seen its stock crushed in the market downturn as the fertilizers moved out of favor on fears of a commodities crash. The company is now incredibly cheap, trading at only 2.8x projected earnings, yet fundamentals remain intact.

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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