Business Services Industry
Zacks Releases Four Powerful "Buy" Stocks: Corinthian Colleges, Aaron Rents, InterDigital and IPC The Hospitalist Company
Business Wire, Jan 22, 2009
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: Corinthian Colleges, Inc. (Nasdaq: COCO), Aaron Rents, Inc. (NYSE: RNT), InterDigital, Inc. (Nasdaq: IDCC) and IPC The Hospitalist Company, Inc. (Nasdaq: IPCM).
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 28%. 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 - Corinthian Colleges, Inc. (Nasdaq: COCO)
Corinthian Colleges is rapidly approaching its earnings release and shares are showing bullish activity. On Jan 27, the company will report its second-quarter results for fiscal 2009. The consensus estimate has climbed slightly, from 14 cents to 15 cents per share over the past 3 months.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income - Aaron Rents, Inc. (NYSE: RNT)
Aaron Rents recently hiked its earnings guidance and analysts followed suit. The company is projecting 2009 earnings to range between $1.70 and $1.85 per share, up from the previous range of $1.65 to $1.80. Analyst forecasts of $1.75 increased from $1.72 over the past month.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum - InterDigital, Inc. (Nasdaq: IDCC)
InterDigital's share price recently spiked higher after analysts substantially boosted their earnings estimates. The company is also fresh off the heels of a $400 million patent settlement with Samsung.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value - IPC The Hospitalist Company, Inc. (Nasdaq: IPCM)
IPC The Hospitalist Company saw record third quarter results in November as revenue climbed 32% on the strength of the company's acquisition strategy. IPCM has a PEG of only 0.6.
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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