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Article: Zacks #1 Rank Top Performers: Western Refining Inc., Perini Corp., Libbey Inc., Companhia Paranaense de Energia and DryShips Inc.
- Article from:
- Business Wire
- Article date:
- June 5, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Zacks.com announces the latest list of top performing Zacks #1 Rank ("strong buy") stocks. The stocks on the prestigious list with the highest returns last week were Western Refining Inc. (NYSE: WNR), Perini Corp. (NYSE: PCR), Libbey Inc. (NYSE: LBY), Companhia Paranaense de Energia (NYSE: ELP) and DryShips Inc. (NASDAQ: DRYS). Each of these stocks easily outperformed the S&P 500.
Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +31.9% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%. To learn more about the Zacks Rank, go to ...