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Zacks Releases Four Powerful ''Buy'' Stocks: Fuel Systems, General Dynamics, Casey's General Stores and Fossil

Thu. October 02, 2008; Posted: 03:48 PM
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CHICAGO, Oct 02, 2008 (BUSINESS WIRE) -- GD | Quote | Chart | News | PowerRating -- 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: Fuel Systems, Inc. (Nasdaq: FSYS), General Dynamics (NYSE: GD), Casey's General Stores, Inc. (Nasdaq: CASY | Quote | Chart | News | PowerRating) and Fossil, Inc. (Nasdaq: FOSL).

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 -- Fuel Systems, Inc. (Nasdaq: FSYS)

Fuel Systems is reaping the benefits of the global push for more environment-friendly sources of fuel. The company has reported 3 consecutive earnings surprise and estimates continue to climb.

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

Growth & Income -- General Dynamics (NYSE: GD)

General Dynamics, which recently received a $46.3 million contract from the U.S. Navy, recently declared a regular quarterly dividend of 35 cents per share. The company's second-quarter revenue result came in 10.8% higher than last year's $7.3 billion. Earnings per share of $1.60 topped the consensus estimate by 12% and improved on the year-prior $1.27.

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

Momentum -- Casey's General Stores, Inc. (Nasdaq: CASY)

Casey's General Stores is proving that even when the economy slows, consumers will still pull over to purchase such novelties as chewing gum and fountain soda. The company's share price has been rallying since mid July.

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

Value -- Fossil, Inc. (Nasdaq: FOSL)

Fossil is still running on all cylinders despite the challenging economic environment. Its watch sales, especially in Europe, continue to be strong. The company has surprised on earnings 4 consecutive quarters by an average of 38.46%. Fossil is trading at 10.9x forward 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

For full details on Casey's General Stores (CASY) click here. Casey's General Stores (CASY) has Short Term PowerRatings of 6. Details on Casey's General Stores (CASY) Short Term PowerRatings is available at This Link.

    


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