Zacks Buy List Highlights: Sohu.com, Monsanto Co., The Buckle and Perini Corporation
March 20, 2008 at 15:03 PM EDT
Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every day on Zacks.com, four stock picks are made based on criteria for the each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Sohu.com, Inc. (Nasdaq: SOHU), Monsanto Co. (NYSE: MON), The Buckle, Inc. (NYSE: BKE) and Perini Corporation (NYSE: PCR).
Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.2% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled -37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88
Here is a synopsis of today’s Zacks Rank Buy Stocks:
Aggressive Growth – Sohu.com, Inc. (Nasdaq: SOHU)
Sohu.com, Inc. recently reported an excellent quarter and guided higher. Its sponsorship of the 2008 Olympic Games should boost revenues going forward as well. SOHU has posted an average surprise of 5% over the past five quarters. The current year's most accurate estimate shows over 7% potential upside. Over the past two months, this year's earnings estimates have risen 26 cents to $1.74 per share.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – Monsanto Co. (NYSE: MON)
Monsanto Co. delivered a strong fiscal first quarter in early January. Total net sales increased by 36% on a year-over-year basis. First-quarter earnings per share of 46 cents surged past the previous year’s 16 cents and eclipsed the consensus estimate by 31%. MON’s track record of beating analyst estimates is outstanding. The company posted only two earnings misses and one match since March of 2003, while outperforming expectations all the other times.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – The Buckle, Inc. (NYSE: BKE)
The Buckle, Inc. is one of the very few retailers that has been able to post any kind of sales growth in light of the currently weakened consumer environment. Beyond that, the company's fourth quarter results were very bullish, with net income growing 31% compared to the same period last year. The company has a great history of beating analyst expectations and estimates continue to accelerate. The Buckles share price is up 50% this year, and that is a seriously impressive growth trajectory.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – Perini Corporation (NYSE: PCR)
Perini Corp. is making record profits in construction despite an apparent slowdown in the economy. The company is calling for another record year in 2008 and has the track record to back up the statement. It beat on estimates in every quarter in 2007 by an average of 39.78%. Given the company's bullish projections, PCR is an attractive value pick. Perini's P/E is only 9.19.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
The free special report, “Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions,” provides an insightful background about this wealth-building tool. Download your free copy of the report now to prosper in the years to come by visiting http://at.zacks.com/?id=93.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of +32.2%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 129% annually (+5.3% vs. +12.1%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
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