Zacks Releases Four Powerful ”Buy” Stocks: Medifast, AO Smith, Banco De Chile and Conn’s Inc.
CHICAGO–(BUSINESS WIRE)–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.
“earnings estimate revisions are the most powerful force impacting stock prices.”
The four highlighted picks are: Medifast, Inc. (NYSE: MED), AO Smith Corp. (NYSE: AOS), Banco De Chile (NYSE: BCH) and Conn’s Inc. (Nasdaq: CONN).
Today, Zacks is promoting its ”Buy” stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=88.
Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. 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 – Medifast, Inc. (NYSE: MED)
Medifast, Inc. analysts are raising estimates after a record setting quarter. The stock should see more investor attention after being added to a well known index.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income – AO Smith Corp. (NYSE: AOS)
AO Smith Corp. recently announced that it is experiencing better-than-expected demand in the sales of China water heaters and commercial water heaters.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum – Banco De Chile (NYSE: BCH)
Banco De Chile continues to pressure its multi-year high at $66.20 after posting an awesome 43% earnings surprise in late April. Estimates have since been on the rise, with the next-year estimate now projecting bullish 28% growth.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value – Conn’s Inc. (Nasdaq: CONN)
Conn’s Inc. has surprised on the Zacks Consensus two quarters in a row but sales have recently taken a dive. Is retail telling us the recovery is fading?
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
How to Regularly Access Top Zacks Rank Picks for Free: http://at.zacks.com/?id=7154
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 http://at.zacks.com/?id=7155.
Regards,
Don

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