Tuesday, June 29, 2010

Zacks Releases Four Powerful ''Buy'' Stocks: Pier 1 Imports, ADTRAN, Forrester Research and Nelnet

 Four free stock picks are being made available today on Zacks.com. The industry’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.



The four highlighted picks are: Pier 1 Imports, Inc (PIR - Snapshot Report), ADTRAN (ADTN - Snapshot Report), Forrester Research, Inc. (FORR - Snapshot Report) and Nelnet, Inc. (NNI -Analyst Report).

Aggressive Growth – Pier 1 Imports, Inc (PIR - Snapshot Report)
Pier 1 Imports, Inc analysts are raising estimates after the company posted a surprise profit last quarter. Shares are trading at a bargain and there is plenty of growth over the next few years.

Growth & Income – ADTRAN (ADTN - Snapshot Report)
ADTRAN will continue to benefit from the government's broadband stimulus spending.

Momentum – Forrester Research, Inc. (FORR - Snapshot Report)
Forrester Research, Inc. continues to pressure its multi-year high just above $33 after reporting a solid 25% earnings surprise from late April. With estimates on the rise and a bullish 28% next-year growth projection, analysts are optimistic on the longer-term picture too.

Value – Nelnet, Inc. (NNI - Analyst Report)
Nelnet, Inc. is getting its finances in order ahead of planned July 1 federal changes in student loans. While the stock is cheap, at 5.1x forward earnings, 2011 is the "unknown" for the company as the new regulations really bite.

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