Zacks Releases Four Powerful ''Buy'' Stocks: Hi-Tech Pharmacal Co., L-3 Communications Holdings, China Biotics Inc. and Royal Bank of Canada

• By Alex Kolb
• On 2:01 pm EDT, Monday October 5, 2009

For Immediate Release

Chicago, IL – Sept 29, 2009 – 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: Hi-Tech Pharmacal Co. Inc. (NasdaqGS: HITK - News), L-3 Communications Holdings, Inc. (NYSE: LLL - News), China Biotics Inc. (NasdaqGM: CHBT - News) and Royal Bank of Canada (NYSE: RY - News).

Related Quotes

Symbol	Price	Change
CHBT	14.18	-0.35
HITK	18.97	-0.48
LLL	78.45	-1.55
RY	53.24	-1.40

{"s" : "chbt,hitk,lll,ry","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

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 – Hi-Tech Pharmacal Co. Inc. (NasdaqGS: HITK - News)

Hi-Tech Pharmacal Co. continues to soar, this time on record sales and another earnings surprise.

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

Growth & Income – L-3 Communications Holdings, Inc. (NYSE: LLL - News)

L-3 Communications is seeing higher Zacks Consensus Estimates ahead of reporting next month. The 2009 year forecast of $7.38 per share is up 7 cents over the past 3 month. For the following year, analysts polled by Zacks are calling for earnings of $8.16, representing 11% growth year-over-year.

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

Momentum – China Biotics Inc. (NasdaqGM: CHBT - News)

China Biotics easily beat expectations in its August first-quarter results and is projecting 50% revenue growth in fiscal 2010.

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

Value – Royal Bank of Canada (NYSE: RY - News)

Royal Bank of Canada is taking advantage of market conditions to capitalize on its trading platform and expand its banking operations. It easily surprised on estimates in the third quarter by 25.61% as trading revenue soared 91.8%. Despite trading near 52-week highs, the company has a forward P/E of just 13.9.

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=5607

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=5607 

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=5642

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

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.

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

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Investment Research

ADVERTISEMENT  Zacks Investment Research FREE: 4 Stock Picks Every Day This system triples the S&P 500. Get Picks Now >>