Steel has amedian ROE of 13
(Steel has amedian ROE of 13.5%, while the Computer Software-Services has a median ROE of7.5%.) If you screened for only absolute numbers, you may miss some great stocks insome great groups. So trying to find companies with the best ROEs relative totheir group (Sector or Industry etc.) is one of the best ways of making anapples-to-apples comparison in an effort to find the top stocks. ConclusionROE can be a powerful screening criterion for investors in measuring howeffective management has become, and how profitable they are in using investors’cash. A better understanding of the factors that affect ROE, and how to best useit, will help make this criteria even more valuable to you. The screen I’m running this week has me looking for companies with: * ROE greater than or equal to 5 Year Avg ROE * ROE greater than or equal to Avg. for their Industry * Zacks Rank equal to 1 (Strong Buys) Here are 5 stocks from this week’s screen (for 7/21/09): Aeropostale, Inc (NYSE: ARO)Hawaiian Holdings, Inc (NASDAQ: HA)Tech Data Corp (NASDAQ: TECD)Tower Group, Inc (NASDAQ: TWGP)Valmont Industries, Inc.
(NYSE: VMI) There is simply no better tool to create and backtest winning screens than withResearch Wizard. Along with Return on Equity, you`ll have more than 650different items to choose from along with access to some of our best proven,profitable strategies. Get started with your free trial today: Officers, directors and/or employees of Zacks Investment Researchmay own or have sold short securities and/or hold long and/or short positions inoptions that are mentioned in this material. An affiliated investment advisoryfirm may own or have sold short securities and/or hold long and/or shortpositions in options that are mentioned in this material.About Screen of the WeekZacks created the first and best screening system on the web earning thedistinction as the “#1 site for screening stocks” by Money Magazine Butpowerful screening tools is just the start. That is why Zacks created the Screenof the Week to highlight profitable stock picking strategies that investors canactively use. Each week, Zacks Profit from the Pros free email newsletter sharesa new screening strategy. Learn more about it here ZacksZacks is a property of Zacks Investment Research, Inc., which was formed in1978 by Leonard Zacks.
As a PhD in mathematics Len knew he could find patternsin stock market data that would lead to superior investment results. Amongst hismany accomplishments was the formation of his proprietary stock picking system;the Zacks Rank, which continues to outperform the market by nearly a 3 to 1margin. The best way to unlock the profitable stock recommendations and marketinsights of Zacks Investment Research is through our free daily emailnewsletter; Profit from the Pros. In short, it’s your steady flow of Profitableideas GUARANTEED to be worth your time! Register for your free subscription toProfit from the Pros Investment Research is under common control with affiliated entities(including a broker-dealer and an investment adviser), which may engage intransactions involving the foregoing securities for the clients of suchaffiliates.
Visit http:// for information about the performancenumbers displayed in this press release. Disclaimer: Past performance does not guarantee future results. Investors shouldalways research companies and securities before making any investments. Nothingherein should be construed as an offer or solicitation to buy or sell anysecurity. Jim GiaquintoCompany: Zacks Phone: 312-265-9268Email: Visit: Business Wire 2009.