Zacks PEG Ratio Strategy Highlights: LDK Solar, CIRCOR International, CNH Global NV and Foster Wheeler

Here are details about four companies currently identified by the PEG Ratio Profit Track:

LDK Solar Co. Ltd. (NYSE: LDK | Quote | Chart | News | PowerRating) reported outstanding net earnings of 95 cents per share for the second quarter, compared to 29 cents last year. The result marked a surprise of 131.7% over the consensus. The company places on the PEG Ratio profit track with a 12-month trailing PE of 18.75 and an average broker recommendation of 2.14. LDK is a manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells.

CIRCOR International Inc. (NYSE: CIR | Quote | Chart | News | PowerRating) enjoys a Zacks #2 Rank and a PEG ratio of .53, making this undervalued stock a great pick for the PEG Ratio profit track. In the second quarter, CIR reported earnings of $1.08 per share, compared to 63 cents in the previous quarter. In addition, the company sports an average broker recommendation of 2.25 and a 12-month trailing PE of 17.27. CIR designs, manufactures and distributes valves and related products and services to optimize the efficiency or ensure the safety of fluid-control systems.

CNH Global NV (NYSE: CNH | Quote | Chart | News | PowerRating) enjoys an average broker recommendation of 2.50 and a PEG ratio of .46. In the second quarter, CNH delivered a 26.5% surprise and reported net earnings of $1.48 per share, compared to only 53 cents in the preceding quarter. On top of that, the company is currently enjoying a Zacks #1 Rank and a per share price of $29.80. CNH is the number one manufacturer of agricultural tractors and combines in the world, as well as the third largest maker of construction equipment.

Foster Wheeler, Ltd. (NASDAQ: FWLT | Quote | Chart | News | PowerRating) is a leading international engineering, construction and project management contractor and power equipment supplier. The Zacks #2 Rank earned its place on the PEG Ratio profit track with an average broker recommendation of 1.53 and a PEG ratio of .52. FWLT reported year-over-year second quarter earnings of 98 cents per share, compared to 70 cents. Analysts were expecting the company to report earnings of 81 cents.

Discover all the current stocks currently on the PEG Ratio Profit Track at: http://at.zacks.com/?id=1868

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