Zacks Releases Four Powerful ''Buy'' Stocks: Biogen Idec, NTELOS Holdings Corp., Northwestern Corp. and IDACORP
2009-01-21 03:51:04 -
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: Biogen Idec, Inc. (Nasdaq: BIIB), NTELOS Holdings Corp. (Nasdaq: NTLS), Northwestern Corp. (NYSE: NWE) and IDACORP, Inc. (NYSE: IDA).
Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at 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 - Biogen Idec, Inc. (Nasdaq: BIIB)
Biogen Idec, Inc. shares continue to climb as the company's next earnings announcement quickly approaches. Biogen is looking for its fifth consecutive surprise on Feb 6.
Zacks Guide to Aggressive Growth Investing (free!): at.zacks.com/"id=4309
Growth & Income - NTELOS Holdings Corp. (Nasdaq: NTLS)
NTELOS Holdings Corp. offers a solid track record of exceeding analyst expectations for earnings and a robust dividend yield of 4.4%. The company also came in ahead of the Dow ($DJI), S&P 500 (SPX) and Nasdaq (COMP) for the 2008 year.
Zacks Guide to Growth & Income Investing (free!): at.zacks.com/"id=4310
Momentum - Northwestern Corp. (NYSE: NWE)
Northwestern Corp. has been on the move since mid December, climbing from just above $17 to a recent high above $23. Analysts are bullish on the company, with the next-year estimate projecting 11% earnings growth.
Zacks Guide to Momentum Investing (free!): at.zacks.com/"id=4311
Value - IDACORP, Inc. (NYSE: IDA)
IDACORP, Inc. beat Wall Street estimates by 28.09% in the third quarter as a merciful mother nature helped the bottom line in the company's key electric markets of Idaho and Oregon. IDA is trading at 12.5x forward earnings.
Zacks Guide to Value Investing (free!): at.zacks.com/"id=4312
How to Regularly Access Picks from the Zacks Rank Discovery for Free: 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 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 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 www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks.com
Aggressive Growth Stocks:
Contact: Bill Wilton
Phone: 312-265-9277
or
Growth & Income Stocks:
Contact: Alex Kolb
Phone: 312-265-9149
or
Momentum Stocks:
Contact: Michael Vodicka
Phone: 312-265-9226
or
Value Stocks:
Contact: Tracey Ryniec
Phone: 312-265-9232
Email: pr@zacks.com
Visit: www.zacks.com
