Zacks Return On Equity Strategy highlights: Alliant Techsystems Inc., BCE, Inc., Aaron's, Inc., Pactiv Corp.
2009-06-25 23:12:03 -
One of the quickest ways to gauge whether a company is creating assets or gobbling up investor’s cash is to look at their Return on Equity (ROE). The fast moving ROE Profit Track screening strategy from Zacks.com has generated an impressive return of +21.4% in 2005. In 2006, it continued to outperform the S&P 500, returning 27.0% versus the S&P
500 rise of 16.7%. Four stocks meeting this screen’s exclusive criteria are: Alliant Techsystems Inc. (NYSE: ATK :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), BCE, Inc. (NYSE: BCE :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Aaron's, Inc. (NYSE: AAN :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ), Pactiv Corp. (NYSE: PTV :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ). View the entire list of stocks for the ROE Profit Track at
at.zacks.com/?id=1853 :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fat. .. .
Here are details about four companies currently identified by the ROE Profit Track.
Alliant Techsystems Inc. (NYSE: ATK :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) is an aerospace and defense company that has an average broker recommendation of 1.90 and a ROE of 32.79%. Additionally, the Zacks #1 Rank company has a low price/sales ratio of .61, which suggests that it is a good value. In the fourth quarter, ATK reported earnings $2.28, compared to $1.83 last year and delivered a 10.68% surprise.
BCE, Inc. (NYSE: BCE :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) is Canada's largest communications company that delivered first-quarter earnings of 57 cents per share, which exceed analysts’ expectations of 46 cents. The Zacks #1 Rank company meets this screen’s parameters with an average broker recommendation of 2.22 and a ROE of 18.10%. BCE also sports a price/sales ratio of .89.
Aaron's, Inc. (NYSE: AAN :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) earned its place on this profit track with an impressive price/sales ratio of 1 and a ROE of 12.69%. In addition, the Zacks #1 Rank company enjoys an average broker recommendation of 2.33. AAN’s year-over-year first-quarter earnings increased to 65 cents per share from 46 cents, while analysts expected earnings of 51 cents. AAN is the leader in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances in the U.S.
Pactiv Corp. (NYSE: PTV :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. ) reported year-over-year first-quarter net earnings of 69 cents per share, exceeding analysts’ expectations of 45 cents. The Zacks #1 Rank company qualifies for this profit track with a price/sales ratio of .75 and a ROE of 26.70%. Moreover, PTV sports an average broker recommendation of 1.71. PTV is one of the leading providers of advanced packaging solutions for the consumer, foodservice/food packaging and protective/flexible packaging markets.
Discover all the current stocks currently on the ROE Profit Track at:
at.zacks.com/?id=1854 :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fat. ..
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
at.zacks.com/?id=4567 :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fat. .. .
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
at.zacks.com/?id=4565 :
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