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Zacks Latest List of Top Stocks to Buy

Zacks Latest List of Top Stocks to Buy

Zacks Latest List of Top Stocks to Buy-Image via Wikipedia

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: Greatbatch, Inc. (NYSE: GB), B&G Foods, Inc. (NYSE: BGS), Healthstream, Inc. (Nasdaq: HSTM) and Corn Products International (NYSE: CPO).

Today, Zacks is promoting its ”Buy” stock recommendations. Four daily picks are offered free. http://at.zacks.com/?id=88

From 1988 through the present – a period that included serious corrections and recessions – the Zacks #1 Rank Stocks have nearly tripled the market with a fully documented average gain of +28% per year.

Here is a summary of today’s selected stocks that are now highly rated by Zacks:          

Aggressive Growth – Greatbatch, Inc. (NYSE: GB)

Earnings season is in full swing so let’s take a look at one of the recent surprises. Greatbatch, Inc. came in ahead of expectations, but how are analysts reacting to this Zacks #1 Rank (Strong Buy).

Zacks Guide to Aggressive Growth Investing (free!) – http://at.zacks.com/?id=4309

Growth & Income – B&G Foods, Inc. (NYSE: BGS)

Estimates have been rising for B&G Foods, Inc. after the company delivered solid third quarter results. It is a Zacks #1 Rank (Strong Buy) stock.

Zacks Guide to Growth & Income Investing (free!) – http://at.zacks.com/?id=4310

Momentum – Healthstream, Inc. (Nasdaq: HSTM)

Healthstream, Inc. is trading in a class of its own, recently hitting a new 52-week high on another great quarter. With an average earnings surprise of 42% over the last four quarters and a bullish growth projection, this Zacks #1 Rank stock offers a healthy stream of momentum.

Zacks Guide to Momentum Investing (free!):  http://at.zacks.com/?id=4311

Value – Corn Products International (NYSE: CPO)

Looking for a food play? Corn Products International is expected to grow earnings by the double digits for the second year in a row in 2011 despite challenging macroeconomic conditions. Sales rose 60% in the third quarter. This Zacks #1 Rank (strong buy) is also a value, with a forward P/E of just 10.3.

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. 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 here: http://at.zacks.com/?id=7155

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 here: http://at.zacks.com/?id=91

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/ZacksInvestmentResearch

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.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

SOURCE Zacks Investment Research, Inc.

Web Site: http://www.zacks.com

Futures Volume Rises 21%

IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported futures volume in October 2011. Average daily volume (ADV) for ICE’s futures markets was 1,610,020 contracts, an increase of 21% from October 2010. Year-to-date through October 31, ADV across ICE’s futures exchanges was 1,549,076 contracts, an increase of 17% compared to the first ten months of 2010.  Total futures volume in October 2011 was 33.8 million contracts.

October 2011 Review

  • ICE Futures Europe records:
    • ICE Gas Oil futures and Brent Crude options established monthly volume records of 6,650,769 contracts and 275,501 contracts, respectively.
    • The exchange set an open interest record of 4,666,333 contracts on October 28.  During the month, open interest records were established for ICE Brent Crude futures and options, Low Sulphur Gas Oil futures and a variety of other emissions futures contracts.
  • ICE Futures U.S. records:
    • ICE Cocoa Futures and Options set open interest records of 198,865 contracts and 134,866 contracts, respectively, on October 28.  ICE Cocoa Options also established a daily volume record of 17,975 contracts on October 4.
  • ICE Clear Credit became the first clearing house to clear sovereign CDS with the launch of Latin American sovereign CDS on October 31.
  • ICE Futures Canada announced its intent to introduce new futures contracts for milling wheat, durum wheat and barley following the end of the Canadian Wheat Board monopoly on the sale and marketing of Canadian grains in 2012.
  • Dow Jones Indexes and UBS announced the addition of Brent Crude to the Dow-Jones-UBS Commodity Index.
  • ICE announced it will launch 22 new cleared OTC energy contracts on November 7, bringing its total cleared OTC energy products to more than 600 contracts.
  • Through October 28, ICE’s CDS clearing houses have cleared $24.7 trillion in gross notional value on a cumulative basis across 699,178 transactions. ICE currently lists 330 CDS contracts for clearing.
    • ICE Clear Credit reached $14.3 trillion in gross notional value cleared as of October 28, including $1.2 trillion in single-name CDS, resulting in open interest of $798 billion. ICE Clear Credit offers clearing for 43 indexes and 128 single-name contracts.
    • ICE Clear Europe has cleared euro 7.5 trillion ($10.3 trillion) of gross notional value since inception, including euro 1.1 trillion ($1.5 trillion) in single-name CDS, resulting in euro 568 billion ($803 billion) of open interest. ICE Clear Europe offers clearing for 38 indexes and 121 single-name contracts.
  • Trading days in October 2011:
    • ICE Futures Europe: 21
    • ICE Futures U.S.: 21
    • ICE Futures Canada: 20
    • Chicago Climate Futures Exchange: 21
ICE Futures Contracts & Markets Monthly ADV
Product Line ADV

October

2011

ADV

October

2010

ADV

% Change

ICE Brent Crude futures & options 606,199 408,249 48.5
ICE Gasoil futures & options 318,630 242,427 31.4
ICE WTI Crude futures & options 200,971 207,902 -3.3
ICE ECX emissions futures & options 30,599 21,418 42.9
Other futures contracts (1) 41,267 19,309 113.7
TOTAL ICE FUTURES EUROPE 1,197,666 899,305 33.2
Index futures & options (2) 185,848 132,190 40.6
Sugar No. 11 futures & options 86,485 140,941 -38.6
Other agricultural commodity contracts (3) 81,844 98,157 -16.6
Currency futures and options contracts (4) 35,330 28,388 24.5
TOTAL ICE FUTURES U.S. 389,507 399,676 -2.5
TOTAL ICE FUTURES CANADA & CCFE 22,847 26,836 -14.9
TOTAL FUTURES CONTRACTS 1,610,020 1,325,817 21.4
(1) “Other futures contracts” include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; and ICE Unleaded Gasoline Blendstock (RBOB) futures

(2) “Index futures & options” includes Russell 2000® mini futures and options and futures for the Russell 1000® mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.

(3) “Other agricultural commodity contracts” include futures and/or options for Cocoa, Coffee “C”, Cotton No. 2, Orange Juice, Sugar No. 14 and Sugar No. 16.

(4) “Currency futures and options” include futures and options for the U.S. Dollar Index and foreign exchange.

ICE Futures Year-to-Date ADV
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 1,089,445 869,897 25.2
ICE Futures U.S. 440,152 432,733 1.7
ICE Futures Canada & CCFE* 19,479 17,256 12.9
Total Futures 1,549,076 1,319,886 17.4
ICE Futures Monthly and Year-to-Date Volume
October 2011 October 2010 Percent Change
ICE Futures Europe 25,150,987 18,885,414 33.2
ICE Futures U.S. 8,179,644 8,393,192 -2.5
ICE Futures Canada & CCFE 457,224 537,936 -15.0
Total Futures 33,787,855 27,816,542 21.5
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 228,783,418 181,808,500 25.8
ICE Futures U.S. 92,431,951 90,441,158 2.2
ICE Futures Canada & CCFE* 4,052,516 3,589,721 12.9
Total Futures 325,267,885 275,839,379 17.9
*ICE acquired CCFE on July 8, 2010. Prior-year amounts do not include CCFE volume prior to that date.
ICE Futures Open Interest
October 31, 2011 December 31, 2010
ICE Futures Europe 4,634,227 3,329,205
ICE Futures U.S. 3,030,502 3,325,618
ICE Futures Canada & CCFE 219,693 283,246
Rolling Three-Month Average Rate per Contract (RPC)
Product Line Three Months Ending
October 2011
Three Months Ending
September 2011
Three Months Ending
August 2011
ICE Futures Europe $1.55 $1.57 $1.58
ICE Futures U.S. Ag $2.39 $2.38 $2.38
ICE Futures U.S. Fin $0.81 $0.82 $0.86
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.

Historical futures volume and OTC commission data can be found at: http://ir.theice.com/supplemental.cfm

About IntercontinentalExchange

IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe hosts trade in half of the world’s crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Trust, ICE Clear Europe, U.S. Dollar Index, European Climate Exchange (ECX) and Chicago Climate Futures Exchange (CCFE). All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding IntercontinentalExchange’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2010, as filed with the SEC on February 9, 2011 and ICE’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, as filed with the SEC on August 3, 2011.

ICE-CORP

CONTACT: Investor: Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, or Melanie Shale, Director of Investor & Public Relations, +1-770-857-2532, melanie.shale@theice.com, or Media: Lee Underwood, Director, Communications, +1-770-857-0342, lee.underwood@theice.com, all of IntercontinentalExchange, Inc.

Web Site: http://www.theice.com

New S&P 500 Index Options Product Begins Trading

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it will begin trading SPXpm, its new S&P 500 Index options product, on Tuesday, October 4.  SPXpm options will be traded on the Company’s all-electronic C2 Options Exchange (C2).

C2’s SPXpm product is a cash-settled index option based on the S&P 500 Index, the premier benchmark of the broader U.S. market.  SPXpm is similar in structure to the Chicago Board Options Exchange’s (CBOE) flagship S&P 500 SPX contract, the most-actively-traded U.S. index option product, except it has “p.m.” settlement.

“We are pleased to announce a launch date for what we believe will be another major product for CBOE Holdings,” said CBOE Holdings Chairman and Chief Executive Officer William J. Brodsky.  “In designing an electronic compliment to our flagship SPX option, we worked closely with customers to create the “best in class” among electronically traded S&P 500 products. The result is a product tailored to provide point-and-click access to the S&P 500 Index, with greater efficiency, greater control and lower costs.”

One SPXpm option contract is ten times larger than one SPDR ETF options contract (SPY), significantly lowering the cost of accessing a p.m.-settled S&P 500 contract.  The new contract also features the ease of cash settlement, as opposed to physical settlement in ETF options.  Finally, SPXpm uses European exercise, which eliminates the risk of early assignment.

SPXpm should appeal to a diverse group of customers including active traders, high-net-worth investors, retail online users and high frequency traders.  OTC participants may use SPXpm as an exchange-traded alternative that eliminates counterparty risk.

With SPXpm’s launch on C2, trading alongside SPX on CBOE, customers will have two very deep pools of liquidity in which to trade S&P 500 cash index options – one that favors the convenience of screen trading, and one that provides the flexibility afforded by floor trading to negotiate large, complex orders.

SPXpm Contract Specifications:
Symbol SPXpm
Settlement PM-settled, European style exercise
Multiplier $100
Premium Quote Stated in decimals. One point equals $100. Minimum tick for options trading below 3.00 is 0.05 ($5.00) and for all other series, 0.10 ($10.00).
Strike Price Intervals The minimum interval for SPXpm options shall be no less than five points.
Expiration Months Up to twelve near-term contracts.  LEAPS may also be listed.
Expiration Date Saturday following the third Friday of the expiration month.
Last Trading Day Trading in SPXpm options will ordinarily cease on the business day (usually a Friday) preceding the expiration date.
Trading Hours 8:30 a.m. to 3:15 p.m. (CT)

A complete overview of SPXpm can be found at: http://www.cboe.com/SPXpm.

CBOE Holdings, Inc. is the holding company for Chicago Board Options Exchange (CBOE), C2 Options Exchange and other subsidiaries.  CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education. CBOE offers equity, index and ETF options, including proprietary products, such as S&P 500 options (SPX), the most active U.S. index option, and options on the CBOE Volatility Index (VIX). Other products engineered by CBOE include equity options, security index options, LEAPS options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE’s Hybrid Trading System incorporates electronic and open-outcry trading, enabling customers to choose their trading method. CBOE’s Hybrid is powered by CBOEdirect, a proprietary, state-of-the-art electronic platform that also supports C2 Options Exchange (C2), the CBOE Futures Exchange (CFE), CBOE Stock Exchange (CBSX) and OneChicago. CBOE is home to the world-renowned Options Institute and www.cboe.com, named “Best of the Web” for options information and education.

CBOE is regulated by the Securities and Exchange Commission (SEC), with all trades cleared by the OCC.

CBOE-C

CBOE-C2

CBOE®, Chicago Board Options Exchange®, CBSX®, CBOE Stock Exchange®, CFE®, CBOEdirect®, FLEX®, Hybrid®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWrite(SM), BXM(SM), SPX(SM), CBOE Futures Exchange(SM) and The Options Institute are servicemarks of Chicago Board Options Exchange, Incorporated (CBOE).  SPXpm(SM), C2(SM), and C2 Options Exchange(SM) are service marks of C2 Options Exchange, Incorporated (C2).  Standard & Poor’s®, S&P®, S&P 500® and SPDR® are registered trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by CBOE and C2.  SPXpm is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in SPXpm.

This press release may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are those statements that reflect our expectations, assumptions or projections about the future and involve a number of risks and uncertainties.  These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause actual results to differ materially from that expressed or implied by the forward-looking statements, including: legislative or regulatory changes; changes in law or government policy; increasing competition; loss of our exclusive licenses; decrease in trading volumes; an inability to introduce competitive new products and services; competitive pressures on our existing products, services and trading access fees; changes in price levels and volatility in the derivatives and equity markets; economic, political and market conditions; increases in our fixed costs and expenses; loss of existing customers; difficulty developing strategic relationships and attracting new customers; increased costs related to, or the loss of, intellectual property; rapid technological developments; increases in trading volume and order transaction traffic that we cannot accommodate; our ability to maintain our growth effectively; damage to our reputation and brand name; loss of market data revenue; detrimental changes to our fee structure; failure to effectively monitor and manage our risks; customer consolidation; and changes to the tax treatment for options trading.

More detailed information about factors that may affect our performance may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2010 and other filings made from time to time with the SEC.

http://www.cboe.com

Capital Financial Global, Inc. (OTC:CFGX), announced today that it has acquired a 100% interest in the St. Louis Gold Mine in Clark County, Nevada.

The St. Louis Mine is comprised of Arctic, Atlantic, Pacific, Baltic, and Antarctic Lode patented gold and silver mining claims situated on 85.54 acres of property located in Clark Country, Nevada, approximately four miles north of Searchlight, Nevada, a well-known gold mining area.

The move is consistent with the Company’s stated long term strategy to back its lending operation by gold and precious metals so it can be insulated against another credit crisis, wherein much of the world’s core assets were devalued almost overnight.

“I want to make sure the back-bone of this company consists of assets that have intrinsic value and that can be freely traded anywhere in the world without being subject to third-party appraisals or local housing prices, and precious metals are really good for that,” said Mr. Paul Norat, CEO of Capital Financial Global, Inc.

Mr. Norat further stated, “Every monetary system in the world is supposed to be backed by gold, it only makes sense that we aspire to do the same.”

About Capital Financial Global, Inc.

Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that facilitates the movement of credit and illiquid assets in the secondary debt markets, by originating new loans, buying and selling existing loans, and by converting assets upon which these loans are secured into cash or trade-able form.  The company is publicly traded on the OTC Markets trading system under the symbol CFGX.

Our Business Model

The Company makes money by originating new loans, buying and selling existing loans, and by converting assets upon which these loans are secured into cash or trade-able form.

Our Basic Strategy

The Company looks for opportunities for arbitrage by exploiting price differences in assets and interest rates due to distressed economic conditions rather than deterioration in the intrinsic value of the assets themselves.

Market Segments

The market segments the Company operates in are: residential & commercial real estate, insurance trusts and pension funds, precious metals, and investment grade government securities. The Company will also aggressively pursue any other opportunities that falls within its overall strategy.

Forward-looking statements:

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact:
Capital Financial Global, Inc.
www.capfiglobal.com
Email: ir@capfiglobal.com
Tel:  801-747-2000

Web Site: http://www.capfiglobal.com

The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Thoratec Corporation (NDQ: THOR) as its October 2011 “Stock to Study” and Praxair, Inc. (NYSE: PX) as its October 2011 “Undervalued Stock” for investors’ informational and educational use.

“The committee chose Thoratec because of its historical high growth, strong current fundamentals and continued opportunities for its medical devices for circulatory support,” said Adam Ritt, editor of BetterInvesting Magazine. “For the Undervalued selection, the committee cited Praxair’s attractive business model, which relies on long-term contracts with its industrial-gas customers, and opportunities in emerging markets.” Check BetterInvesting Magazine’s October issue for more details about these selections.

Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Philip S. Dano, CFA; Donald E. Danko, CFA; Maury Elvekrog, CFA; Walter J. Kirchberger, CFA; Marisa Lenhard, CFA; and Paul McVey, CFA.

As stated, the BetterInvesting committee’s Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors and are not intended as investment recommendations. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases. For more information about investment education tools available to individual investors and investment clubs visit www.betterinvesting.org.

BetterInvesting Magazine is published monthly by BetterInvesting.
BetterInvesting is the brand identity of the National Association of Investors Corporation, a national, nonprofit association with members consisting of individual investors and investment clubs. Founded in 1951 and with headquarters in Madison Heights, Mich., BetterInvesting is considered the voice of the individual investor, as well as the pioneer of the modern investment club movement. BetterInvesting is dedicated to providing a sound program of investment education and information to help its members become successful long-term, lifetime investors. For more information about BetterInvesting, visit its website at www.betterinvesting.org or call toll free (877) 275-6242. For additional BetterInvesting data and news releases, visit the Media Center at www.betterinvesting.org/mediacenter.

http://www.betterinvesting.org

Zacks Releases Strong Sell List

Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Ameron International Corporation (NYSE: AMN) and Watsco, Incorporated (NYSE: WSO). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Regeneron Pharmaceuticals, Inc. (Nasdaq: REGN) and Amedisys, Inc. (Nasdaq: AMED).

To see the full Zacks #5 Rank List – Stocks to Sell Now visit: http://at.zacks.com/?id=92

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.

Here is a synopsis of why AMN and WSO have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:

Ameron International Corporation (NYSE: AMN) announced second-quarter profit of 11 cents per share on July 8 that missed analysts’ expectations by 81.7%. The Zacks Consensus Estimate for the current year slipped to $1.40 per share from $1.95 per share in the last 30 days as next year’s estimate dipped 9 cents per share to $3.45 per share in that time span.

Watsco, Incorporated (NYSE: WSO) posted a second-quarter profit of $1.09 per share on July 26, which came in 21 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $2.91 per share from $3.20 per share over the past month. For 2012, analysts expect a profit of $3.59 per share, compared to last month’s projection for a profit of $3.96 per share.

Here is a synopsis of why REGN and AMED have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;

Regeneron Pharmaceuticals, Inc. (Nasdaq: REGN) second-quarter loss of 69 cents per share, posted on July 28, lagged analysts’ projections by 68.29%. Estimate for current year slid 45 cent per share to a loss of $2.33 per share over the past month as next year’s estimate dipped 35 cents per share to a loss of $1.30 per share in that time span.

Amedisys, Inc. (Nasdaq: AMED) reported a second-quarter profit of 67 cents per share on August 2 that fell 2.90% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.30 per share, compared with last month’s projection of $3 per share. Next year’s forecast dropped to $2.93 per share from $3.09 per share in the same period.

Truly taking advantage of the Zacks Rank requires the understanding of how it works.  The free special report; “Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions” is available to provide this insightful background. Download a free copy now to prosper in the years to come at http://at.zacks.com/?id=93

About the Zacks Rank

Since 1988, the Zacks Rank has proven that “Earnings estimate revisions are the most powerful force impacting stock prices.” Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (2.8% versus +9.7%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks “Profit from the Pros” e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=94

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT 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 http://at.zacks.com/?id=95

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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.

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.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

http://www.zacks.com

Gold Prices Rise on Russian Gold Purchase


The price of gold is expected to increase $6 to $10 a day until an agreement is reached by the House of Representatives according to Regal Assets. While most investors remain optimistic that there will be a deal reached by the deadline, the topic is causing other areas of the US economy to be exposed such as state debt and bank closures.

According to the FDIC three banks were closed on Friday by the regulators taking the count of U.S. bank closures in 2011 to 58 averaging about 8 per month. The 157 bank closures in 2010 was up from 140 in 2009, and more than six times of the 25 bank failures in 2008. Only three banks failed in 2007.

The stress of US local debt to the national debt has international investors demanding gold bullion over the US dollar. The Central Banks of the Russian Federation keep about 50 percent of its reserves in United States dollars released its official international reserves statement showing a net accumulation of more than 200,000 ounces of gold.

Tyler Gallagher of Regal Assets says “Russia’s gold behavior is grounded in the country’s hard-learned lessons about commodity markets”. Since its financial crisis in 1998, Russia has enacted policies intended to counterbalance the historical cycles of commodity prices to protect the economy during downturns. China, which is facing high inflation, has a 10-year gold buying plan for its central banks.

Regal Assets is encouraging American investors to keep pace with global investment strategies. Regal offers gold in 1 oz gold bars or gold bullion coins that are internationally recognized. Americans can buy gold and silver online and have it shipped direct to their home for physical delivery by calling 1-877-962-1133 or online http://www.RegalGoldCoins.com

 


Zacks Equity Research highlights El Paso Corporation (NYSE: EP) as the Bull of the Day and The Goldman Sachs Group Inc. (NYSE: GS) as the Bear of the Day. In addition, Zacks Equity Research provides analysis Skyworks Solutions, Inc. (Nasdaq: SWKS), Verizon (NYSE: VZ) and AT&T (NYSE: T).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2678.

Here is a synopsis of all five stocks:

Bull of the Day:

El Paso Corporation’s (NYSE: EP) high-grade E&P assets and large inventory of pipeline projects offer significant value in the long run. The company benefits from hedging a substantial portion of its future production, which offers operating clarity and cash-flow visibility even when energy prices remain volatile.

We believe the competence of management and the company’s access to financing will enable successful execution of El Paso’s industry-leading pipeline backlog going forward. We upgrade our recommendation for EP shares to Outperform based on the company’s announcement to split its business into two strong stand-alone entities, as well as its raised 2011 guidance.

We believe the separation will enable further balance sheet improvement and greater operational transparency for the new company. El Paso possesses a Zacks #1 Rank, indicating a Strong Buy.

Bear of the Day:

The Goldman Sachs Group Inc. (NYSE: GS) reported second quarter 2011 earnings per share of $1.85, significantly below the Zacks Consensus Estimate of $2.29 per share. Coupled with global macroeconomic concerns, the results deteriorated driven by a decrease in revenue and poor performance in the Institutional Client Services division.

Further, the Investing and Lending division also recorded lower revenues. After reviewing the results, we are maintaining our Underperform recommendation on the shares.

Our six-month price target of $117.00 equates to about 9.3x our earnings estimate for 2011. Combined with the $0.35 per share dividend, the price target implies an expected negative total return of 8.4% over that period, which is consistent with our Underperform recommendation.

Latest Posts on the Zacks Analyst Blog:

Skyworks Beats Expectations

Skyworks Solutions, Inc. (Nasdaq: SWKS) reported revenues of $356.1 million, which surpassed management’s guidance of $345 million. The reported figure includes $6.5 million of revenue from the acquisition of SiGe semiconductor (which closed on June 10, 2011).

Excluding the SiGe contribution, revenue would’ve been $350 million, up 27% year-over-year organically.

Skyworks posted a net income of $51.5 million or $0.27 per diluted share compared to a net income of $34.7 million or $0.19 per diluted share in the year-ago quarter. Excluding acquisition-related charges but including stock-based compensation expense, Skyworks reported a net income of $0.41 per share, beating the Zacks Consensus Estimate by a penny.

Guidance

Going forward, Skyworks projects revenues of $400 million, with a $20 million – $25 million from the SiGe acquisition. Gross margin is expected around 44.6% – 45.0%.  Excluding stock-based compensation expenses and restructuring charges, EPS is expected at $0.53.

Skyworks continues to benefit from strong underlying demand in the mobile Internet market driven by market share gains and new product ramps. Broadband mobile subscriptions continue to grow in leaps and bounds.

The advent of cloud computing is expected to take the trend further with the ever-growing need for wireless connectivity. The products from Skyworks support all smartphone and tablet operating systems, including Android, Symbian, Windows Mobile and others.

Skyworks continues to gain traction on the network infrastructure side of the mobile Internet connection as operators install new base stations, new routers, and back-haul equipment to expand coverage of data services and prepare for next generation LTE deployments.

As carriers like Verizon (NYSE: VZ) and AT&T (NYSE: T) accelerate their LTE plans, Skyworks expects a solid opportunity for growth in the coming years with its broad product portfolio.

Get the full analysis of all these stocks by going to http://at.zacks.com/?id=2649.

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

About the Analyst Blog

Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks “Profit from the Pros” e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=7158.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD from MIT 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 http://at.zacks.com/?id=4582.

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PG&E Corporation (NYSE: PCG) is recommending that shareholders reject an unsolicited “mini-tender offer” by TRC Capital Corporation (TRC) to purchase less than 0.628 percent (up to 2.5 million shares) of the outstanding PG&E Corporation common stock at a below-market price of $40.25 per share. According to an advisory by the U.S. Securities and Exchange Commission (SEC): “‘Mini-tender’ offers – tender offers for less than five percent of a company’s stock – have been increasingly used to catch investors off guard. Many investors who hear about mini-tender offers surrender their securities without investigating the offer, assuming that the price offered includes the premium usually present in larger, traditional tender offers.” The SEC’s advisory is available at www.sec.gov/investor/pubs/minitend.htm.

As stated in TRC’s offer documentation, the offer price is 3.96 percent less than the closing price on the New York Stock Exchange (NYSE) on July 19, 2011, the day before the offer was made.  Mini-tender offers, such as this one by TRC, do not give investors the same level of protection afforded by tender offers for at least 5% of a company’s outstanding shares. For example, in making this offer, TRC is not required to file disclosure and other offer documents with the SEC or adhere to additional procedures mandated by U.S. securities laws.

PG&E Corporation does not endorse TRC’s unsolicited mini-tender offer and recommends that shareholders not tender their shares in response. PG&E Corporation is not associated with TRC, this mini-tender offer or the offer documentation.  PG&E Corporation urges investors to obtain current market quotes for their shares of common stock.

PG&E Corporation encourages stockbrokers and dealers as well as other market participants to review the SEC’s and the NYSE’s recommendations on mini-tender offers. These recommendations are available at www.sec.gov/divisions/marketreg/minitenders/sia072401.htm and in the Information Memo Number 01-27, issued by the NYSE on Sept. 28, 2001, which can be found under the “Regulation — NYSE — Rules & Interpretations — Information Memos” tab at www.nyse.com.

PG&E Corporation shareholders who have already tendered shares in the offer are advised that they may withdraw their shares as described in TRC’s offer documentation before the expiration of the offer, which is currently scheduled for 12:01 a.m., New York City time, on Thursday, August 18, 2011.

About PG&E Corporation

PG&E Corporation (NYSE: PCG) is a Fortune 200 energy-based holding company, headquartered in San Francisco. It is the parent company of Pacific Gas and Electric Company, California’s largest investor-owned utility. PG&E serves more than 15 million Californians throughout a 70,000 square-mile service area in northern and central California. For more information, visit the Web site at http://www.pgecorp.com.

http://www.pgecorp.com

Zacks Enters Long Term Partnership With WRDS

The Wharton School of the University of Pennsylvania and Zacks Investment Research, Inc. a leading provider of research, historical market data and workflow solutions announced today that Wharton Research Data Services (WRDS) will now carry the Zacks data on its platform. The select datasets consist of earnings, sales estimates and surprises, pre-announcements, analyst ratings, and target prices for all listed and non-listed issues. WRDS is the leading, comprehensive, internet-based data research service used by academic, government, and corporate firms.  The Zacks database will be hosted on the powerful WRDS Cloud, optimized to effectively meet research needs for the extraction and analysis of financial and economic data.

“Zacks is proud and honored to commence this long-term partnership with WRDS,” said Ausra Di Raimondo, EVP of Academic/Non-Profit data services at Zacks. “This type of data plays a critical role in in-depth academic equity trading research and corporate analytics and back-testing strategies. We are excited to be recognized by WRDS as a valuable data partner in fulfilling its mission to continue to be the leading business intelligence tool for a global research community.”

Robert Zarazowski, WRDS Senior Director, added, “”WRDS is delighted to announce this partnership with Zacks Investment Research. Their data enhances the depth and breadth of analyst databases available through WRDS, and allows us to complement our existing products to meet the needs of academic researchers and commercial clients. The value of Zacks data have been proven over the years, as research work using Zacks’ data have been published in both premier academic journals and widely circulated practitioner oriented publications.”

About WRDS

Wharton Research Data Services (WRDS) is the leading, comprehensive, internet-based data research service used by academic, government, non-profit institutions, and corporate firms. WRDS provides the user with one location to access over 200 terabytes of data across multiple disciplines including Finance, Marketing, and Economics. WRDS provides flexible data delivery options including a powerful web query method that reduces research time.  WRDS provides flexible data delivery options including a simple but powerful web query method, and provides Researchers with the ability to reduce their research time and execute strategy development on the powerful WRDS Cloud.  Developed in 1993 to support faculty research at The Wharton School of the University of Pennsylvania, WRDS has since evolved to become the standard tool for a global research community of 30,000 users at over 300 institutions in 27 countries. http://wrds.wharton.upenn.edu

About The Wharton School

The Wharton School of the University of Pennsylvania — founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and an alumni network of 88,000 graduates.

About Zacks

Zacks Investment Research, based in Chicago, Ill., has been a leading provider of research, market data, and quantitative models to institutional investment management firms in the US and Canada for over 30 years. Recognized for quality, consistency and reliability, Zacks provides institutional and individual investors with the analytical tools and financial information necessary to the success of their investment process. Founded in 1978, Zacks’ early contribution to investment analysis was the discovery that earnings per share estimate revisions are the most powerful force affecting stock prices. This discovery is built into the Zacks Rank proprietary methodology for predicting stock price performance. The Zacks Rank has produced average annual returns in excess of 28% since 1988. The premier source of analysts’ earnings forecasts, today Zacks produces data feeds for estimates, ratings, earnings report data, fundamental data, and institutional holdings for US and Canadian traded equities, as well as investment research reports and research software tools for investors. For more Zacks expertise, look for Dr. Zacks “The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies” which will be in bookstores on October 4th, 2011. To learn more about performance information, please go to http://www.zacks.com/performance/.

Wharton Research Data Services (WRDS) Contact:
Robin Gold – 877-438-9737, wrds@wharton.upenn.edu

Zacks Contact:
Ausra Di Raimondo – (312) 265-9214, adiraimondo@zacks.com

http://www.zacks.com

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