Skip to main content

Zacks Buy List Highlights: FLIR Systems, Corning Incorporated, Netflix and Trina Solar Ltd.

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 FLIR Systems, Inc. (Nasdaq: FLIR), Corning Incorporated (NYSE: GLW), Netflix, Inc. (Nasdaq: NFLX) and Trina Solar Ltd. (NYSE: TSL).

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 todays Zacks Rank Buy Stocks:

Aggressive Growth FLIR Systems, Inc. (Nasdaq: FLIR)

FLIR Systems, Inc. has been busy winning contracts. A recent one totaling over $57 million to the U.S. Army was just announced last week. The stock looks attractive after a 35% selloff. FLIR is attractively valued at 18.6x next year's estimates. This is below its long-term growth rate of 20.6%. Earnings estimates for this year have risen seven cents to $1.17 per share over the past 90 days.

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

Growth & Income Corning Incorporated (NYSE: GLW)

Corning Incorporated, a Zacks #1 (Strong Buy) company, recently reaffirmed its first-quarter guidance of sales in the range of $1.59 billion to $1.62 billion and earnings per share, excluding special items, of 41 cents to 43 cents. Analysts raised earnings estimates, bringing them in line with the companys outlook. In early February, GLW declared a quarterly dividend of five cents per share. The companys dividend yield of 0.9% is above the industry average, and its ROE of 26% stomps the industry average of 4%.

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

Momentum Netflix, Inc. (Nasdaq: NFLX)

Netflix, Inc. has delivered very solid returns to its shareholders in this incredibly challenging year. Its stock price has been advancing behind the strength of the companies excellent full-year and fourth quarter results, both of which showed nice improvements from comparisons to last year. Netflix has also received permission from its board of directors to execute a $250 million common stock re-purchase program.

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

Value Trina Solar Ltd. (NYSE: TSL)

Trina Solar Ltd. is building its alternative energy business in Europe and, in 2008, will enter the US market just as crude hits record highs and heating oil and natural gas prices soar. Solar stocks have been hot the last few years but a recent sell-off in the sector has opened opportunities for value investors. Trina Solar is now trading at a valuation that makes it attractive. The company has a 2008 P/E of only 11.19. Covering analysts forecast year-over-year growth in 2008 of 87.77%.

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 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 http://at.zacks.com/?id=91

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.

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.

Contacts:

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

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.