Zacks Releases Four Powerful ''Buy'' Stocks: Whiting Petroleum, Corning, Frontline and PC Connection

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: Whiting Petroleum Corp. (NYSE: WLL), Corning, Inc. (NYSE: GLW), Frontline, Ltd. (NYSE: FRO) and PC Connection (Nasdaq: PCCC).

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 – Whiting Petroleum Corp. (NYSE: WLL)

Whiting Petroleum is doing the right things and is drilling returns into shareholders' portfolios. Rising oil prices and production is fueling the bottom line. Over the past four quarters, the average surprise has been 21.7%. Earnings estimates have been soaring as well. Over the past 90 days, this year's estimates have jumped $1.72 to $5.48 per share.

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

Growth & Income – Corning, Inc. (NYSE: GLW)

Corning confirmed its guidance for strong second quarter growth as sales of LCD TV units rose 30% in the first four months of the year. Sales are expected to rise 20% year-over-year in the second quarter. The company has surprised on estimates in each of the last four quarters on average of 4.07%.

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

Momentum – Frontline, Ltd. (NYSE: FRO)

Frontline shares have been on a nice run for the past three months, advancing from less than $35 on Jan 22 to their current location of over $60. Much of the recent price strength comes after the company's very strong fourth-quarter and full-year results, reported on Feb 14. Frontline is enjoying robust sales and strong pricing power due to the incredible surge in the energy markets.

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

Value – PC Connection (Nasdaq: PCCC)

PC Connection reported record sales for the first quarter amidst a tough economy. The company has surprised on estimates three of the last four quarters by 20.28%. PC Connection's 2008 P/E is 10.17.

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.