Zacks Releases Four Powerful ''Buy'' Stocks: HealthSouth Corp., Wabtec Corporation, Carbo Ceramics and Pioneer Drilling Company

The four highlighted picks are: HealthSouth Corp. (NYSE: HLS), Wabtec Corporation (NYSE: WAB), Carbo Ceramics, Inc. (NYSE: CRR | Quote | Chart | News | PowerRating) and Pioneer Drilling Company (AMEX: PDC).

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 +30%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% -- 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 -- HealthSouth Corp. (NYSE: HLS)

HealthSouth Corp. is expanding in a tough economy after a stellar quarterly report. The company significantly raised its 2008 guidance and shares are climbing.

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

Growth & Income -- Wabtec Corporation (NYSE: WAB)

Wabtec Corporation has been soaring past the broader market and turned in record results in the second quarter. Analysts have been boosting earnings estimates and expect year-over-year growth of 20% in 2008.

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

Momentum -- Carbo Ceramics, Inc. (NYSE: CRR)

Carbo Ceramics continues to benefit from elevated energy prices. The company's second-quarter results were excellent, analyst estimates are up once again, and its stock price has been rallying for most of the year.

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

Value -- Pioneer Drilling Company (AMEX: PDC)

Pioneer Drilling is taking advantage of the push to "drill, drill, drill" as revenues spiked 48% in the second quarter. The company has surprised on estimates 2 out of the last 4 quarters. Pioneer Drilling is cheap, trading at only 7x projected earnings.

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

How to Regularly Access Picks from the Zacks Rank Discovery for Free: http://at.zacks.com/?id=88

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=88

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, they'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

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.

SOURCE: Zacks.com

Zacks.com Aggressive Growth Stocks: Contact: Bill Wilton Phone: 312-265-9277 or Growth & Income Stocks: Contact: Alex Kolb Phone: 312-265-9149 or Momentum Stocks: Contact: Michael Vodicka Phone: 312-265-9226 or Value Stocks: Contact: Tracey Ryniec Phone: 312-265-9232 Email: pr@zacks.com Visit: www.zacks.com