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Zacks Releases Four Powerful ''Buy'' Stocks: Hi-Tech Pharmacal Co, T. Rowe Price Group, Inc., Solarfun Power Holdings Co. and M


Published on 2009-12-29 14:05:44 - Market Wire
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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: Hi-Tech Pharmacal Co (Nasdaq: [ HITK ]), T. Rowe Price Group, Inc. (Nasdaq: [ TROW ]), Solarfun Power Holdings Co. (Nasdaq: [ SOLF ]) and Maidenform Brands Inc. (NYSE: [ MFB ]).

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 – [ Hi-Tech Pharmacal Co ] (Nasdaq: [ HITK ])

Hi-Tech Pharmacal Co estimates are surging following the latest earnings report, which showed earnings rise more than 600%.

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

Growth & Income – [ T. Rowe Price Group, Inc. ](Nasdaq: [ TROW ])

T. Rowe Price Group, Inc. continues to outperform the market on strong fundamentals that include a return on equity (ROE) of 12.7% and a net profit margin of 17.5%.

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

Momentum – [ Solarfun Power Holdings Co. ](Nasdaq: [ SOLF ])

Solarfun Power Holdings Co. posted solid Q3 results in mid November that saw the company swing to profitability from last year. Estimates have also been on the rise as shares approach the 52-week high just short of $9.

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

Value – [ Maidenform Brands Inc. ] (NYSE: [ MFB ])

Maidenform Brands Inc. saw sales jump in the third quarter as shapewear sales remained hot. The company has surprised on estimates the last 4 quarters by an average of 35.60%.

Zacks Guide to Value Investing (free!): [ http://at.zacks.com/?id=4312 ]

How to Regularly Access Picks from the Zacks Rank Discovery for Free:[ http://at.zacks.com/?id=88 ]

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=88 ].

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 at [ http://at.zacks.com/?id=91 ].

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

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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.

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

Contributing Sources