Zacks Releases New Stock Picks from the +35.2% Momentum Strategy: Kirkland's Inc., Buffalo Wild Wings Inc., Allied World Assurance Holdings Ltd, Cubic Corp. and Mylan Inc.

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Mon Mar 30, 2009 10:08am EDT

CHICAGO--(Business Wire)--
Stock picks from the Momentum (MM1) Method strategy are spotlighted today by
Zacks, the nation`s leading independent stock research firm. Stocks from this
strategy caused a stir during the first half of the 2008 bear market with a gain
of +35.2%, versus a loss of -11.9% for the S&P 500. In fact, from 2001 through
2007, the strategy has averaged +51% yearly. 

The firm is now providing investors with all that's needed to pick their own
stocks using the MM1 system. This opportunity may be reached at
http://at.zacks.com/?id=4774

Momentum Method focuses on companies marked by analysts for sharply higher
earnings. It starts with stocks that have been awarded a Zacks #1 Rank "Strong
Buy," limiting the picks to those that are already trading at 52-week highs and
are reasonably valued. These are companies that have begun to build momentum and
are expected to surge in the weeks ahead. Stocks that recently met the criteria
for the Momentum Method (MM1) strategy include: Kirkland's Inc. (NASDAQ: KIRK),
Buffalo Wild Wings Inc. (NASDAQ: BWLD), Allied World Assurance Holdings Ltd
(NYSE: AWH), Cubic Corp. (NYSE: CUB) and Mylan Inc. (NASDAQ: MYL). 

Here are details about today`s 5 featured Momentum stock picks . . .

Kirkland's Inc. (NASDAQ: KIRK) recently reported fourth-quarter earnings of 59
cents per share which topped the consensus estimate by 7 cents. The company
witnessed 5.3% year-on-year growth in same-store sales during the quarter. The
Zacks#1 Rank ("strong buy") stock is trading at a low PEG multiple of 0.7x. 

Buffalo Wild Wings Inc. (NASDAQ: BWLD) reported 28.7% growth in fourth-quarter
earnings to $7.7 million, or 43 cents per share beating the consensus by 4
cents. The impressive performance was driven by higher sales from company-owned
restaurants. The Zacks#1 Rank ("Strong buy") stock is trading at a PEG of 0.97x
and P/S of 1.53x. 

Allied World Assurance Holdings Ltd (NYSE: AWH) announced solid fourth-quarter
results as operating income grew to a record $141.1 million, or $2.78 per share
beating analysts` expectation of $1.83. This Zacks#1 Rank ("Strong buy") stock,
which topped the consensus in the third-quarter as well, trades at a PEG
multiple of 0.51x. 

Cubic Corp. (NYSE: CUB) reported a 33% jump in first-quarter profit on higher
sales in its defense and transportation systems segments. Despite a weak
economy, the company`s quarterly net income of $14.2 million, or 53 cents a
share, easily beat the consensus estimate of 43 cents. The Zacks#1 Rank ("strong
buy") stock trades with a P/S multiple of 0.79X, which is lower than the
industry average. 

Mylan Inc. (NASDAQ: MYL) recently received approval from the U.S. Food and Drug
Administration for shipping its generic version of the anti-seizure drug
Depakote ER. Analysts expect the company`s long-term growth to come from its
international generics segment. This Zacks#1 Rank ("Strong buy") stock, which
has topped the consensus estimate in each of the last 4 quarters, still trades
at a discount to peers. 

Investors can find new Momentum Method picks by themselves without classes or
seminars.

The strategy may now be accessed and used through the new Zacks Method for
Trading which helps investors "do it themselves" in their own homes, at their
own paces. Rather than waiting for someone to send them picks from winning
strategies, these people are using their computers to get to them first. 

The Zacks Method, in fact, gives individuals a unique advantage over
slower-moving stock fund managers. It allows them to apply the full force of the
Zacks Rank stock-picking system that has beaten the market for 19 of the past 20
years. For more information, click here: http://at.zacks.com/?id=4716

About Zacks

Zacks Investment Research, Inc. was formed in 1978. Its founder, Len Zacks, a
mathematics Ph.D., discovered that revisions to earnings estimates are the most
powerful forces that influence stock prices. Today, his 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 used to 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. 

Click here for facts about the Zacks Method for Trading and its latest picks . .
. http://at.zacks.com/?id=4717

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. 

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

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. 





Contact: Alex Kolb
Company: Zacks.com
Phone: 312-265-9149
Email: pr@zacks.com



Copyright Business Wire 2009

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