Zacks Recent Price Strength Strategy highlights: CPFL Energia,

Iris, JLG, and Standard Parking 
CHICAGO--(BUSINESS WIRE)--Oct. 27, 2005
This stock picking strategy looks for companies trading
in the upper range of their 52-week highs that have attractive
fundamental attributes. This strategy proves that the "trend is your
friend" with a 14.6% return versus 2.4% for the S&P 500 for the first
half of 2005 (through July 15). This screen is called the Recent Price
Strength Profit Track strategy. Four stocks meeting this screen's
exclusive criteria are CPFL Energia SA (NYSE:CPL), Iris International
Inc. (NASDAQ:IRIS) JLG Industries (NYSE:JLG), and Standard Parking
Corp. (NASDAQ:STAN). View the entire list of stocks for the Recent
Price Strength Profit Track at http://at.zacks.com/?id=1863 
Here are details about four companies currently identified by the
Recent Price Strength Profit Track: 
CPFL Energia SA (NYSE:CPL) has been rising steadily throughout
the year, nearly doubling in price. Part of this rise has been fueled
by optimism about the company's profits, as is evidenced by the
stock's #1 Rank. Within the past 30 days, both covering analysts have
upped their full year forecasts. The current consensus estimate for
2005 earnings of $2.39 per share is 54 cents above the level of a
month ago. 
Iris International Inc. (NASDAQ:IRIS) will announce its third
quarter results early in November. Previously, the company reported
second quarter earnings of 9 cents per share, which topped the
consensus by more than 28%. Over the past four weeks, the stock has
soared almost 28%, and is currently trading at a new 52-week high. 
JLG Industries (NYSE:JLG), an industrial goods company, recently
delivered a strong earnings report. Fiscal fourth quarter earnings
were 72 cents per share, ahead of the consensus estimate by 22%. Given
this positive momentum in earnings, it is not surprising that shares
of JLG are trading near a new 52-week high and have advanced in price
by about 11% over the past four weeks. 
Standard Parking Corp. (NASDAQ:STAN), a parking management
company, posted second quarter earnings of 29 cents per share in
August, surpassing last year's 24 cents and exceeding the consensus
estimate by 7%. Given positive earnings momentum, a share price
increase of almost 4% in the past four weeks, and a current share
price that is right at its 52-week high, this company is proving that
the trend is your friend. 
Discover all the current stocks currently on the Recent Price
Strength Profit Track at: http://at.zacks.com/?id=1864 
About Profit Tracks 
What is a "Profit Track"? Each Profit Track is a successful stock
picking strategy with proven results through the Bear Market of
2001-2002 and the Bull run started in 2003. On Zacks.com we have
created these nine unique screens to offer investors great strategies
to potentially outperform the market in the years ahead. In 2004, the
Upgrades and Revisions strategy was the top performing Profit Track
with a return of +55.7% followed by the Low Price Stocks screen with a
+54.8% return. To see all nine strategies along with philosophy, past
performance, and current stocks, go to http://at.zacks.com/?id=1838 
All the Profit Track strategies were created and backtested using
the Research Wizard software from Zacks Investment Research. If you
like this screening strategy, but want to narrow down the list of
stocks and even improve the performance, then you should start a free
trial to this powerful stock picking tool. Learn more about the
Research Wizard free trial offer and our new special report "Top 10
Stock Screening Strategies" at http://at.zacks.com/?id=2156 
About Zacks 
Zacks.com is a property of Zacks Investment Research, Inc., which
was formed in 1978 to compile, analyze, and distribute investment
research to both institutional and individual investors. The guiding
principle behind Zacks is the belief that investment experts, such as
brokerage analysts and investment newsletter writers, have superior
knowledge about how to invest successfully. The goal is to unlock
these pros' profitable insights for individual investors hard-pressed
to find this valuable information in one source. A free subscription
to "Profit from the Pros" weekly e-mail newsletter provides the best
way to use these experts' insights for more profitable investing.
Register for a free subscription to the Profit from the Pros
newsletter at http://at.zacks.com/?id=1841 
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. 
(a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index
of the prices of 500 large-company common stocks selected by Standard
and Poor's. The S&P 500 includes the reinvestment of all dividends, no
transaction costs, and represents the gross returns before management
fees. 
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:
Zacks.com
Roopak Chakravarty, 312-630-9880 x 188
pr@zacks.com
www.Zacks.com
 
 
Press spacebar to pause and continue. Press esc to stop.