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Zacks Releases Four Powerful ''Buy'' Stocks: Westlake Chemical, Safeway, Zumiez and ZAGG

 

CHICAGO, March 14, 2012 /PRNewswire/ -- 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.

(Logo:  http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)   

The four highlighted picks are: Westlake Chemical (NYSE: WLK), Safeway Inc. (NYSE: SWY), Zumiez (Nasdaq: ZUMZ) and ZAGG Inc.  (Nasdaq: ZAGG).

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 – Westlake Chemical (NYSE: WLK)

Westlake Chemical is a Zacks #1 Rank (Strong Buy) after posting six upside surprises in the last seven quarters and getting higher estimates for 2012.

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

Growth & Income – Safeway Inc. (NYSE: SWY)

Management at Safeway Inc. recently initiated its guidance for 2012 above consensus, prompting analysts to revise their estimates significantly higher. This sent the stock to a Zacks #2 Rank (Buy).

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

Momentum – Zumiez (Nasdaq: ZUMZ)

While most of you reading this probably haven't bought a Zumiez product, that doesn't mean tons of kids, teens and young adults (especially hipsters, skaters, BMX'ers, etc) aren't buying en mass.

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

Value – ZAGG Inc. (Nasdaq: ZAGG)

There are still values to be found in the technology sector. ZAGG Inc., which makes protective covers for smart phones, iPads and other electronic devices, recently reported record results for 2011. Yet this Zacks #1 Rank (Strong Buy) has attractive valuations, with a forward P/E of just 12.6.

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

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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.

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

SOURCE Zacks Investment Research, Inc.

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