Breaking News Bar

Business News and Information

Zacks.com Featured Expert Kevin Matras Highlights: Kaman Corporation, FPL Group, Alliant Techsystems and CIRCOR Int'l

Kevin Matras looks at how to find winning stocks in the winningest sectors. Stocks in this weeks article are Kaman Corporation (NASDAQ: KAMN), FPL Group, Inc. (NYSE: FPL), Alliant Techsystems, Inc. (NYSE: ATK) and CIRCOR, International (NYSE: CIR). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=109

Screen of the Week written by Kevin Matras of Zacks Investment Research:

As weve mentioned before, nearly half of a stocks price movement is tied to the performance of its respective group (Sector and Industry). That being said, most great stocks from great groups often have some great peers as well.

If you find yourself in a killer trade (or wish you were in one), take a look at the characteristics of THAT STOCK and then hunt within its group to find OTHER STOCKS that share the same characteristics. Does a certain outstanding stock exhibit great sales growth? Im sure there are at least a few within its group that are also showing similar numbers. What about increasing margins? If the stock is doing well, its likely that the industry itself is experiencing meaningful increases in margins too.

This type of screening is often called modeling. Figure out the components of what makes something successful and concentrate on that. If youre in love with a certain stock or sector, but its not doing anything or even moving against you, then move on. If you see great stocks in great groups while youre stuck in laggards or non-movers, find what stocks are successful and model them.

So therefore, see what characteristics some of the best stocks have in common and try getting on some of those.

Heres something to start you off.

The top four Sectors based on the percentage of stocks at (or within 10% of) their 52 week highs are listed below:

Current standings:

  1. Conglomerates -- 54%
  2. Utilities -- 47%
  3. Aerospace -- 46%
  4. Basic Materials -- 40%

Here are a few stocks (one from each of those Top Sectors) for Tuesday, 10/2/07):

KAMN Kaman Corp. - Conglomerates
FPL FPL Group, Inc. - Utilities
ATK Alliant Techsystems, Inc. - Aerospace
CIR CIRCOR, International - Basic Materials

The Research Wizard, you can rank the Industries on whatever item you choose. (Same thing for the Sectors.) Want to find the best Industries based on the Zacks Rank? You can. What about the highest ROE or biggest Earnings Estimate Revision? No problem. Whatever items you want to use to rank your Industries can all be done with a few clicks of the mouse. Then, you can even narrow it down to the best stocks within those groups again, based on whatever criteria you choose.

To search for the best stocks (and Groups) yourself, sign up for your two-week FREE trial to the Research Wizard. Remember the key to successful screening is in discovering those screens that have produced profitable results in the past. Thats exactly what you get with the powerful Screening and Backtesting ability of Research Wizard. You can do it. Learn how, today: http://at.zacks.com/?id=111

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here http://at.zacks.com/?id=112

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=113

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
Jim Giaquinto, 312-265-9268
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.
 
bottom clear