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Zacks.com featured expert Kevin Matras highlights: Altra Holdings, Becton, Dickinson & Co. and Genco Shipping & Trading

Thu. August 28, 2008; Posted: 03:28 PM
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CHICAGO, Aug 28, 2008 (BUSINESS WIRE) -- GNK | Quote | Chart | News | PowerRating -- Kevin Matras shows how Moving Averages can help you spot winners in any type of market. Stocks in this week's article are Altra Holdings, Inc. (NASDAQ: AIMC), Becton, Dickinson and Company (NYSE: BDX), and Genco Shipping & Trading Ltd. (NYSE: GNK). 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:

You can make money with individual stocks no matter what the market is doing. But it is important to look at some key measurements. One of these measures is the moving average. Short-term moving averages help gauge the short-term direction of the market, while longer moving averages take a big picture view.

For example: if a stock breaks the 200-day moving average on its way down, that's generally thought to be bearish, and the longer-term trend could be reversing. The 200-day moving average can also act as support. If a stock comes down, but stops at the major moving average and then starts moving higher from there, it can act as a firm underpinning of support for the stock.

Looking at the 50-day moving average can be quite useful as well. It's more of an intermediate snapshot of the price trend and is more sensitive than the longer-term 200 day. A rising moving average with the price trading above it is bullish, while a descending moving average with the price trading below it is bearish.

More short-term signals can be seen with the 10- and 20-day moving averages.

Moving average crossovers can also be valuable. When the quicker moving average (50-day for example) is above the slower moving average (200-day), this is thought to be bullish. Likewise, when the shorter term is trading below the longer-term moving average, this is thought to be bearish.

Using a screener can be helpful in finding stocks that meet this criteria.

Of course, moving averages alone don't tell the whole story. But a company with solid fundamentals while also trading above these momentum indicators can help you find stocks bucking a downtrend or confirming an uptrend.

The screen that I'm running today looks for stocks trading above their short term (10- and 20-day), intermediate term (50-day) and long-term (200-day) moving averages. I'm also demanding that their current quarter earnings estimates have been raised within the last 4 weeks (or at the very least, not lowered); their average broker rating has been upgraded (or at the very least, not downgraded): and they have a Zacks #2 Rank or Zacks #1 Rank (Buy or Strong Buy).

Here are 3 great-looking stocks that came through this screen (for Tues., 8/26/08):

AIMC Altra Holdings, Inc.

BDX Becton, Dickinson and Company

GNK Genco Shipping & Trading Ltd.

With the Research Wizard, it's easy to screen for winning stocks like these, even in tough markets. And once the stocks are displayed, you can scroll through each stock chart with a click of the mouse and see where the stocks are in relation to their different moving averages.

Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader 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.

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

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.

SOURCE: Zacks.com

Zacks.com Contact: Jim Giaquinto Phone: 312-265-9268 Email: pr@zacks.com Visit: www.Zacks.com

For full details on Altra Industrial Motion Inc. (AIMC) click here. Altra Industrial Motion Inc. (AIMC) has Short Term PowerRatings of 5. Details on Altra Industrial Motion Inc. (AIMC) Short Term PowerRatings is available at This Link.

    


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