Zacks Releases Four Powerful ''Buy'' Stocks: Covenant Transportation Group, Eaton, Complete Production Services and China Sunergy

CHICAGO--(BUSINESS WIRE)--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.

“earnings estimate revisions are the most powerful force impacting stock prices.”

The four highlighted picks are: Covenant Transportation Group, Inc. (Nasdaq: CVTI), Eaton Corp. (NYSE: ETN), Complete Production Services, Inc. (NYSE: CPX) and China Sunergy Co. Limited (Nasdaq: CSUN).

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 +26%. 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 – Covenant Transportation Group, Inc. (Nasdaq: CVTI)

Covenant Transportation Group, Inc. has made a big turn around and is not trading at multi-year highs. Analysts are making drastic estimate revisions on the heels of the most recent earnings report.

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

Growth & Income – Eaton Corp. (NYSE: ETN)

Eaton Corp.'s better-than-expected second-quarter results were driven by continued strength in its end markets. The company also expanded its profit margins, which helped boost its earnings growth. Moreover, management anticipates solid global growth to drive its results in the second half of 2010.

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

Momentum – Complete Production Services, Inc. (NYSE: CPX)

Complete Production Services, Inc. is fresh off the heels of an awesome 567% earnings surprise that sent shares blasting past a key level of resistance to a new multi-year high. Estimates jumped higher on the news, with the next year now projecting bullish 81% growth.

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

Value – China Sunergy Co. Limited (Nasdaq: CSUN)

China Sunergy Co. Limited is in the volatile solar industry which has seen its fortunes reverse course in 2010 as the industry has slowly recovered from the global recession. China Sunergy is cheap, trading at just 7.2x forward estimates, well below its industry at 13.4x.

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

How to Regularly Access Top Zacks Rank Picks for Free: http://at.zacks.com/?id=7154

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=7155.

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.

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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.

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