Zack’s Investment Research Stock Buys (7/14/08)
Posted on Monday, July 14th, 2008 | In Current Market News, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -
ZACKS BUYS: * Aggressive Growth - Circor Intl. (CIR) has been producing impressive gains on the heels of boosting its second-quarter guidance. It now expects EPS between $1.04 and $1.10. * Growth & Income - Nucor's (NUE) earnings estimates continue to rise after the company raised its Q2 earnings guidance. NUE will announce the quarter's results on July 17. * Momentum - Cellcom Israel's (CEL) earnings estimates continue to advance. At these levels, the stock looks like a great buy, carrying a forward P/E multiple of 12X. * Value - Gerdau Ameristeel's (GNA) forward P/E is still only 9.52 despite the recent surge in the stock. Its price-to-book is 1.94, and its one-year return on equity (ROE) is 18.87%. Track Zack's stock picks at: http://www.trackthepros.com/categories.php?category_id=742
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