Today we are featuring top-performing "Pacific" equity mutual funds, which primarily invest in equity securities of companies based in the Pacific Basin.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Pacific Equity Funds.

3 Pacific Picks

Guinness Atkinson Asia Focus (IASMX) seeks long-term capital appreciation by investing at least 80% of its assets in equity securities of Asian companies. The fund is non-diversified.

The fund invests in approximately 35 to 40 stocks of all market capitalization companies, including companies in emerging markets and does not engage in market timing. It pays dividends and capital gains in December.

HSBC Holdings Plc (HBC), China Mobile Ltd. (CHL) and CNOOC Ltd. (CEO) are among the fund's top holdings.

Matthews Korea (MAKOX) was incepted in January 1995. The fund seeks to achieve

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I’m pretty sure everyone here uses, in some capicity, fundamentals to trade. But what we also have an issue with is always using the fundamentals when we really shouldn’t, because they don’t make sense! Zachary Scheidt, from ZachStocks.com, has come to show us a little about when the fundamentals don’t make sense.

He’ll be responding to comments and would like to hear a horror story!

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There are times in just about every job where things just don’t line up in a logical manner.  Equity markets have their own way of turning fundamental arguments upside down and confounding even the most studious trader.  There are times when bad economic news turns out to be good news for markets (usually because it leads to easing regulations) or when positive news is met by selling.

At ZachStocks.com, we attempt to find logic in the prices and patterns of growth stocks, and

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aaron's Inc (AAN) Akzo Nobel NV (AKZOY) ATS Medical Inc (ATSI) Banco Santander SA (STD) Bankinter SA (BKNIY) Boise Inc (BZ) The Cheesecake Factory Inc (CAKE) Coinstar Inc (CSTR) Danvers Bancorp Inc (DNBK) Domino's Pizza Inc (DPZ) Dresser-Rand Group Inc (DRC) First Community Bancshares Inc (FCBC) Fresh Del Monte Produce Inc (FDP) Health Management Associates Inc (HMA) Healthsouth Corp (HLS) Ikanos Communications Inc (IKAN) Inventure Group Inc (SNAK) Kubota Corp (KUB) Middleburg Financial Corp (MBRG) NetEase.com Inc (NTES) Netflix Inc (NFLX) Neutral Tandem Inc (TNDM) Northrim BanCorp Inc (NRIM) P F Chang's China Bistro (PFCB) Pozen Inc (POZN) Ruby Tuesday Inc (RT) Steven Madden Ltd (SHOO) The TJX ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

AAR Corp (AIR) The Advisory Board Co (ABCO) Alliance Imaging Inc (AIQ) Allscripts-Misys Healthcare Solutions (MDRX) Array BioPharma Inc (ARRY) AsiaInfo Holdings Inc (ASIA) athenahealth Inc (ATHN) BearingPoint Inc (BGPT) Boston Properties Inc (BXP) Chemed Corp (CHE) Coca-Cola Amatil Ltd (CCLAY) Corinthian Colleges Inc (COCO) Corrections Corporation of America (CXW) Cox Radio Inc (CXR) Crown Castle International Corp (CCI) CSG Systems International Inc (CSGS) deCODE genetics Inc (DCGN) Delhaize Group (DEG) DRI Corp (TBUS) El Paso Pipeline Partners LP (EPB) Elbit Systems Ltd (ESLT) The Ensign Group Inc (ENSG) EnteroMedics Inc (ETRM) FGX International Holdings Ltd (FGXI) Force Protection Inc (FRPT) FPIC Insurance Group Inc (FPIC) Gentiva Health Services ...

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Alexza Pharmaceuticals Inc (ALXA) American River Bankshares (AMRB) Anesiva Inc (ANSV) Aon Corp (AOC) Arena Pharmaceuticals Inc (ARNA) Ariad Pharmaceuticals Inc (ARIA) Array BioPharma Inc (ARRY) athenahealth Inc (ATHN) Barloworld Ltd (BRRAY) Bio-Reference Laboratories Inc (BRLI) British Airways plc (BAIRY) CARBO Ceramics Inc (CRR) Cell Therapeutics Inc (CTIC) Chemed Corp (CHE) Corinthian Colleges Inc (COCO) Danaos Corp (DAC) Dialysis Corporation of America (DCAI) Diamond Mgt & Technology Consultants In (DTPI) Discovery Communications Inc (DISCB) DXP Enterprises Inc (DXPE) EarthLink Inc (ELNK) eDiets.com Inc (DIET) Elbit Systems Ltd (ESLT) Endo Pharmaceuticals (ENDP) Enterprise GP Holdings LP (EPE) ev3 Inc (EVVV) FiberTower Corp (FTWR) Flanders Corp (FLDR) GTx Inc ...

NetEase.com, Inc. (NTES) is one of the leading providers of online gaming, advertising, web-based communication services, and a variety of interactive content in China.

NetEase is currently trading at 16.8x estimated 2008 EPADR of $1.56, a discount to the industry. Rolling our valuation to fiscal 2009 EPADR estimate of $1.74, the company is trading at 15.1x, which is far below the industry average. NetEase faces intense competition in the gaming and advertising market. Delayed product launches and growing operating expenses have hurt profitability.

NetEase appears to have turned the corner, posting better-than-expected revenue and earnings results in the first half of 2008. The company’s solid execution in its online games and advertising business has helped NTES grow its top and bottom line. We believe that China's online gaming and advertising industry is in the midst of unparalleled growth and NetEase is well positioned to benefit from this trend.

Although

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Chinese Internet portal Netease.com reached a new 52 week high yesterday which also happened to be a 5 year high for the company. Earnings Beat The company recently beat June quarter estimates by 25%, earning 49 cents when analysts were expecting only 39 cents. This came after a March 2008 miss by 3.2%. The earnings have been hit and miss on the expectations side, missing twice and beating soundly twice in the last four quarters. Fundamentals The revenue growth of the company has been one consistent factor ...