Zacks` Low Price Stocks Strategy Highlights: HEALTHSOUTH, Dorman Products, SAIC, Newell RubbermaidInc.
* Reuters is not responsible for the content in this press release.
CHICAGO--(Business Wire)-- Looking for stocks priced below $20? How about companies with discount valuations and a track record of a positive trend in earnings estimates revisions? The Low Price Stocks Profit Track Strategy identifies such stocks. This screen generated a +56.5% return in 2006. Four stocks meeting this screen`s exclusive criteria are: HEALTHSOUTH Corp. (NYSE: HLS), Dorman Products, Inc. (NASDAQ: DORM), SAIC, Inc. (NYSE: SAI) and Newell Rubbermaid Inc. (NYSE: NWL). View the entire list of stocks for the Low Price Stocks Profit Track at http://at.zacks.com/?id=2140. Here are details about four companies currently identified by the Low Price Stocks Profit Track: HEALTHSOUTH Corp. (NYSE: HLS) reported second-quarter earnings of 30 cents per share, delivering a surprise of 25%. This Zacks #1 Rank sports a price to sales ratio of .74 and a per share price of $15.83, earning its place on the Low Price profit track. Moreover, HLS enjoys a 12-month trailing EPS of $1.08. Healthsouth Corp. recently raised its fiscal year 2009 guidance and now anticipates earnings per share to be from a range of $0.85-$0.90 to a range of $1.15-$1.25. HLSis the one of the nation's largest providers of outpatient surgery and rehabilitative healthcare services. Dorman Products, Inc. (NASDAQ: DORM) has a Zacks #1 Rank and a low per share price of $14.22. For its second quarter, the company reported earnings of 35 cents per share, while analysts expected 31 cents. DORM has a price to sales ratio of .73 and a 12-month trailing EPS of $1.11, which satisfy the requirements for the Low Price profit track. DORM is a leading supplier of OE Dealer Exclusive automotive replacement parts, automotive hardware, brake products, and household hardware SAIC, Inc. (NYSE: SAI) is a scientific, engineering, and technology applications companythat has a Zacks #2 Rank and a per share price of $18.29, which qualify it for the Low Price profit track. In addition, SAI has a 12-month trailing EPS of $1.15 and a price to sales ratio of .36. The company reported second-quarter earnings of 29 cents per share, which exceeded analysts` expectations of only 27 cents. Newell Rubbermaid Inc. (NYSE: NWL) is a Zacks #1 Rank company that reported second-quarter earnings of 47 cents per share, delivering an EPS surprise of 34.29%. NWL enjoys a low per share price of $13.92 and a 12-month trailing EPS of $1.14. In addition, the company enjoys a price to sales ratio of .65. For fiscal year 2009, NWL has raised its EPS guidance to $1.15-$1.30. Newell Rubbermaid Inc. is a global manufacturer and full-service marketer of name-brand consumer products Discover all the current stocks currently on the Low Price Stocks Profit Track at: http://at.zacks.com/?id=2141. About Profit Tracks What is a "Profit Track"? Each Profit Track is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these nine unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% return. To see all nine strategies along with philosophy, past performance and current stocks, go to http://at.zacks.com/?id=1838. All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. If you like this screening strategy, but want to narrow down the list of stocks and even improve the performance, then you should start a free trial to this powerful stock picking tool. Learn more about the Research Wizard free trial offer and our new special report "Top 10 Stock Screening Strategies" at http://at.zacks.com/?id=4598 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 at http://at.zacks.com/?id=4599 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. Zacks.com Alla Kushner Phone: 312-265-9208 Email: pr@zacks.com Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters