U.S. Markets closed

Zacks Industry Rank Analysis Highlights: Ford Motor, Logitech and Synaptics

Zacks Equity Research

For Immediate Release

Chicago, IL – May 29, 2014 – Stocks featured in this week’s Zacks Industry Rank analysis include Ford Motor Company (F-Free Report), Logitech (LOGI-Free Report) and Synaptics (SYNA-Free Report).

Zacks Industry Rank Analysis is written by John Blank, PhD, Chief Equity Strategist, Zacks.com.
Tap a Touchscreen for Big Profits

The Model T was a mass-produced automobile built by the Ford Motor Company (F-Free Report) from 1908 until 1927. Henry Ford conceived it as practical, affordable transportation for the common man. It quickly became prized for its low cost, durability, versatility and ease of maintenance. For the first time, car ownership became a reality for average American workers, not just the wealthy. More than 15 million Model Ts were built in Detroit and Highland Park, Michigan.

Scroll forward a century. Mobility and individual ownership is still prized. The late Steve Jobs played the role of a Henry Ford, as maestro to the masses. Personal computers of all shapes and sizes and their burgeoning peripheral equipment brethren -- touch screens, keyboards and mice -- are the new mass-produced Model T alive and booming in our times.

The Computer – Peripheral Equipment sector of the Zacks Industry Rank list gained 16 positions last week after a slew of upward earnings estimate revisions. The category of 13 companies now holds a rank of number 8 out of 265 Zacks Rank industries. There were 11 positive earnings estimate revisions compared to only 4 negative revisions.

Connectivity is the engine behind this momentum, allowing innovation to travel beyond borders and work for those who need it worldwide, and are willing to pay for it -- worldwide. As more technology finds its way into new hands, more possibilities exist to broaden a market.

The two following companies have been upgraded this week to a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy). An upgrade in rank from a Hold to a Strong Buy or Buy is noteworthy and may foretell the performance of a stock in response to future positive earnings estimate revisions. Keeping sector-wide trends on your radar can be pivotal in understanding the trade winds of future value.
Logitech (LOGI-Free Report)

Logitech was upgraded this week to a Zacks Rank #1 from a #3 ranking the week before. Consensus looks for $0.87 a share in 2015 and $0.66 a share in 2014. That means strong +32% annual EPS growth could be coming.

The company designs, manufactures and markets innovative peripherals that provide people with easy access to the digital world. The company's product family includes Internet video cameras, mice and trackballs, keyboards, audio and telephony products, interactive gaming devices and 3D controllers.

LOGI reports again on July 23rd. 
Synaptics (SYNA-Free Report)

Synaptics was upgraded to a Zacks Rank #2 from a #3 ranking the week before. Consensus looks for $3.77 a share in 2015 and $3.32 a share in 2014. That is respectable EPS growth of +14%. This company missed on earnings in each of the last two quarters. But optimism has returned. Consensus revisions the last 30 days are +6% for 2014 EPS and +14% for 2015.

The company is a leading developer of human interface solutions for a wide variety of mobile computing and communications devices and is the leading supplier of TouchPads to the notebook computer market. Products include the TouchPad input device, TouchStyk pointing stick, Dual Pointing combination input solution, ClearPad touch screen, Spiral pen input solution, and QuickStroke Chinese handwriting software.

SYNA reports again on August 7th.

Forward 12-month P/E ratios on these shares is 19 for LOGI and 17 for SNYA.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=2564.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=2565.
Follow us on Twitter:  https://twitter.com/zacksresearch
Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch  
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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.
Contact: Terry Ruffolo
Company: Zacks.com
Phone: 312-265-9213
Email: pr@zacks.com
Visit: www.Zacks.com

Read the analyst report on F

Read the analyst report on LOGI

Read the analyst report on SYNA

Zacks Investment Research