Zacks Releases Four Powerful ''Buy'' Stocks: Steven Madden, Cardinal Health, Skechers USA and Eastman Chemical Company

Published in House and Home on Friday, August 6th 2010 at 19:20 GMT by Market Wire
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CHICAGO--([ BUSINESS WIRE ])--Four free stock picks are being made available today on Zacks.com. The industrya�s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

"earnings estimate revisions are the most powerful force impacting stock prices."

The four highlighted picks are: Steven Madden (Nasdaq: [ SHOO ]), Cardinal Health (NYSE: [ CAH ]), Skechers USA, Inc. (NYSE: [ SKX ]) and Eastman Chemical Company (NYSE: [ EMN ]).

Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at [ http://at.zacks.com/?id=88 ].

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% a" but Zacks #1 Rank stocks gained +43.8%.

Here is a summary of today's selected stocks that are now highly rated by Zacks:

Aggressive Growth a" [ Steven Madden ] (Nasdaq: [ SHOO ])

Steven Madden is pressuring its all-time high as earnings estimates continue to climb on the heels of a record-setting quarter.

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

Growth & Income a" [ Cardinal Health ] (NYSE: [ CAH ])

Cardinal Health is in a stable industry with steady revenues and a safe dividend.

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

Momentum a" [ Skechers USA, Inc. ] (NYSE: [ SKX ])

Skechers USA, Inc. is fresh off the heels of another awesome quarter, posting an 86% earnings surprise in late July. Estimates have since taken a nice jump forward, with the next-year estimate now projecting 12% growth.

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

Value a" [ Eastman Chemical Company ] (NYSE: [ EMN ])

Eastman Chemical Company continues to be hot as it recently posted a big beat for the second quarter as sales jumped 38% on higher volumes. Eastman is cheap, with a forward P/E of just 9.9.

Zacks Guide to Value Investing (free!): [ http://at.zacks.com/?id=4312 ]

How to Regularly Access Top Zacks Rank Picks for Free:[ http://at.zacks.com/?id=7154 ]

Underlying the four free stock picks is a simple truth that first appeared in a Financial Analysts Journal article published in 1979. Leonard Zacks, a Ph.D. in Mathematics from M.I.T. found that "earnings estimate revisions are the most powerful force impacting stock prices." Zacks #1 Rank is awarded to a stock when analysts sharply upgrade their estimates of what the company will earn.

Today, Zacks is promoting its stock recommendations by offering four daily picks free to those who register at [ http://at.zacks.com/?id=7155 ].

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.

Then, when changes are discovered, theya�re applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock-picking system continues to outperform the market by a nearly 3-to-1 margin.

More Free Stock Picks

Each weekday, new Zacks #1 Rank or Zacks #2 Rank stock picks are released on the free email newsletter, Profit from the Pros. Investors are invited to register for their free subscription at [ http://at.zacks.com/?id=91 ].

Join us on Facebook: [ http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts ]

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.

Visit [ http://www.zacks.com/performance ] for information about the performance numbers displayed in this press release.

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Zacks Releases Four Powerful ''Buy'' Stocks: Steven Madden, Cardinal Health, Skechers USA and Eastman Chemical Company