Zacks Buy List Highlights: Perfect World Co., CA, Inc., Schnitzer Steel Industries...

Zacks Buy List Highlights: Perfect World Co., CA, Inc., Schnitzer Steel Industries and Perry Ellis International

CHICAGO--(Business Wire)--
Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every
day on Zacks.com, four stock picks are made based on criteria for the
each of the four main styles of investing: Aggressive Growth, Growth &
Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted
today are Perfect World Co., Ltd. (Nasdaq:PWRD), CA, Inc. (NYSE:CA),
Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) and Perry Ellis
International, Inc. (Nasdaq:PERY).

Stocks ranked #1 (Strong Buy) by Zacks have produced an average
annual return of +32.2% 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 - Perfect World Co., Ltd. (Nasdaq: PWRD)

Perfect World Co. is living up to its name in terms of the last
two quarters' results. It has averaged an 85.5% surprise over that
time. New game launches are driving revenue and earnings growth as is
a growing Chinese economy. Two of the six covering analysts have
lifted their numbers over the past month. The stock is very
attractively valued at a PEG ratio of 0.7.

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

Growth & Income - CA, Inc. (NYSE: CA)

CA, Inc. is a solid company that offers both growth and income.
The company's ROE of 17% exceeds the industry average of 11%. CA
declared a regular, quarterly cash dividend of four cents per share in
late February. The company's dividend yield of 0.7% is a competitive
one within its industry as the technology/software space is not one
that normally offers dividends. In late January, CA reported fiscal
third-quarter non-GAAP earnings of 36 cents per share, eclipsing last
year's 24 cents and surpassing the consensus estimate by a healthy
44%.

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

Momentum - Schnitzer Steel Industries, Inc. (Nasdaq: SCHN)

Schnitzer Steel Industries, Inc. shares are flying high from the
momentum of the company's second quarter. Revenue was up 24% and
profit was up 29%. Moving forward, the company said that it expects
sales volumes to remain strong and prices to increase up to 10%.

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

Value - Perry Ellis International, Inc. (Nasdaq: PERY)

Perry Ellis is defying conventional wisdom that retail is all doom
and gloom. On Mar 17, the company reported a record full-year 2008 and
forecast a strong 2009 in spite of the uncertain economy. Perry Ellis
beat Wall Street estimates two out of four quarters in 2008. The
company trades at a P/E of 11.30.

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

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

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 +32.2%. 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% annually (+5.3%
vs. +12.1%). 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=90.

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
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may engage in transactions involving the foregoing securities for the
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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.

Zacks.com
Aggressive Growth Stocks:
Roopak Chakravarty, 312-265-9188
or
Growth & Income Stocks:
Alex Kolb, 312-265-9149
or
Momentum Stocks:
Michael Vodicka, 312-265-9226
or
Value Stocks:
Tracey Ryniec, 312-265-9232
pr@zacks.com
Visit: www.zacks.com

Copyright Business Wire 2008