2008-10-29 02:59:01 -
- 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: Schiff Nutrition International Inc. (NYSE: WNI), Diamond Foods, Inc. (NASDAQ: DMND), Collective Brands, Inc. (NYSE: PSS), Dean Foods Co. (NYSE: DF). View the entire list of stocks for the ROE Profit Track at at.zacks.com/?id=1853
Here are details about four companies currently identified by the ROE Profit
Track:
Schiff Nutrition International Inc. (NYSE: WNI) has an average broker recommendation of 1 and a ROE of 14.22%. Additionally, the Zacks #1 Rank company has a low price/sales ratio of .83, which suggests that it is a good value. In the second quarter, WNI reported earnings of 11 cents, compared to only 6 cents last year. Analysts expected earnings of 9 cents. WNI develops, manufactures, markets and distributes branded and private label vitamins, nutritional supplement and nutrition bars.
Diamond Foods, Inc. (NASDAQ: DMND) is a branded food company that reported second-quarter net earnings of 16 cents per share, exceeding analysts' expectations of 13 cents. The Zacks #1 Rank company qualifies for this profit track with a price/sales ratio of .87 and a ROE of 10.49%. Moreover, DMND sports an average broker recommendation of 1.25.
Collective Brands, Inc. (NYSE: PSS) earned its place on this profit track with an impressive price/sales ratio of .20 and a ROE of 11.35%. In addition, the Zacks #1 Rank company enjoys an average broker recommendation of 2.50. PSS' year-over-year second-quarter earnings increased to 54 cents per share from 44 cents, while analysts expected earnings of 29 cents. PSS is the largest specialty family footwear retailer in the Western Hemisphere
Dean Foods Co. (NYSE: DF) is the nation's leading processor and distributor of fresh milk and other dairy products. DF delivered second-quarter earnings of 33 cents per share, which exceeded analysts' expectations of 31 cents. The Zacks #1 Rank company meets this screen's parameters with an average broker recommendation of 1.67 and a ROE of 53.18%. DF also sports a price/sales ratio of .23.
Discover all the current stocks currently on the ROE Profit Track at:
at.zacks.com/?id=1854
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.
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
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.com
Alla Kushner
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