2008-11-21 21:46:05 -
The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields. Although this screen is based on a long-term and lower risk approach to investing, it has a history of outperforming the S&P 500. Four stocks meeting this screen"s exclusive criteria are: Nationwide Health Properties Inc. (NYSE: NHP), W. P. Carey & Co. LLC (NYSE:
WPC), Pfizer Inc. (NYSE: PFE) and NuStar Energy L.P. (NYSE: NS). View the entire list of stocks for the Growth and Income Profit Track at
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Here are details about four companies currently identified by the Growth and Income Profit Track:
Nationwide Health Properties Inc. (NYSE: NHP) sports a dividend yield of 8.79% and a per share price of $20.03. NHP announced third-quarter earnings of 56 cents per share, which beat analysts" expectations of 55 cents. On Dec 4, the company is scheduled to pay a dividend of 44 cents to shareholders of record on Nov 12. NHP is an investment management company that provides long-term sale-leaseback and build-to-suit financing for companies worldwide.
W. P. Carey & Co. LLC (NYSE: WPC) offers a dividend yield of 9.45%, and therefore satisfies the criteria for this profit track. On Oct 14, the company paid out a dividend of 49 cents to shareholders of record on Sep 26. WPC announced third-quarter earnings of 83 cents per share, while analysts expected 70 cents. WPC has long served as the preeminent provider of sale-leaseback financing to private equity firms and companies around the world.
Pfizer Inc. (NYSE: PFE) meets the requirements for this profit track with a high dividend yield of 8.23% and a per share price of $15.56. On Dec 1, the company will pay a dividend of 32 cents for the fourth quarter. The global pharmaceutical company also announced year-over-year fourth quarter earnings of 62 cents per share, compared to 58 cents. Analysts expected 60 cents.
NuStar Energy L.P. (NYSE: NS) owns and operates most of Ultramar Diamond Shamrock's crude oil and refined product pipeline. NS reported that third-quarter earnings amounted to $2.60, delivering a 24.40% surprise. NS sports a dividend yield of 11.35% and, on Nov 11, paid a dividend of $1.05 to shareholders of record on Nov 3. In addition, NS enjoys a per share price of $37.28.
Discover all the current stocks currently on the Growth and Income Profit Track at:
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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
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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
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About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at
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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.
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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.
Zacks.com
Alla Kushner
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