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Amphenol Corporation, Lincoln Electric Holdings, Inc., DXP Enterprises, Inc., and United States Stee PDF Print E-mail
Wednesday, 03 May 2006
Zacks Buy List Highlights: Amphenol Corporation, Lincoln Electric Holdings, Inc., DXP Enterprises, Inc., and United States Steel Corporation
CHICAGO, IL, (NAMC) - Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Amphenol Corporation (NYSE:APH), Lincoln Electric Holdings, Inc. (Nasdaq:LECO), DXP Enterprises, Inc. (Nasdaq:DXPE), and United States Steel Corporation (NYSE:X).

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +33% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88

Here is a synopsis of today's Zacks Rank Buy Stocks:

Aggressive Growth - Amphenol Corporation (NYSE:APH)

Amphenol Corporation has exceeded earnings estimates in 13 out of the past 14 quarters. Amazingly, the stock has ralled in response to each one of those earnings reports. Eight different analysts raised their numbers for 2006. Over the past 30 days, 2006 estimates have increased 3.8% to $2.73 per share. The stock is attractively valued at 18.4x next year's estimate of $3.14 per share, slightly above the 17% long-term growth rate, giving the stock a PEG ratio of 1.08.

Growth & Income - Lincoln Electric Holdings, Inc. (Nasdaq:LECO)

Lincoln Electric Holdings, Inc. has topped analysts' earnings estimates in five straight quarters. The company recently posted record 2006 first-quarter financial results. Earnings per share are projected to grow 19.0% over the next 3-5 years. The consensus earnings estimates have been on the rise for this Zacks #1 Rank stock. The company has a current dividend yield of 1.4% and a five-year average dividend yield of 2.4%.

Momentum - DXP Enterprises, Inc. (Nasdaq:DXPE)

DXP Enterprises, Inc. experiences a dramatic turnaround. As mentioned, after an initial sell off after the earnings report, DXPE changed direction and finished last week strong, closing at a 52-week high. Then the stock exploded yesterday, spending most of the day up well over 15%. DXPE has been in an up-trend since bottoming out on Feb 16, 2006. Now, with a positive earnings report, it's obvious that the market is recognizing the power of DXPE's earnings revisions.

Value - United States Steel Corporation (NYSE:X)

United States Steel Corporation, a Zacks #1 Rank stock, has met or topped the consensus earnings estimate in nine of the past 10 quarters, most recently by 38.7%. Analysts' estimates have been on the rise. The Board of Directors at X recently increased it cash dividend by 50%. The company has a price-to-book (P/B) multiple of 2.5 and a return on equity of 19%.

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," provides an insightful background about this wealth-building tool. Download your free copy of the report now to prosper in the years to come by visiting http://at.zacks.com/?id=93.

About the Zacks Rank

For over 18 years, 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 +33%. 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 underperformed the S&P 500 by 129.7% annually (+5.2% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

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=90.

The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD. Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors.

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

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.

(a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.

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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