Zacks Top 10 Stocks for 2009 Performance Results Released

Jan. 11, 2010 - PRLog -- CHICAGO--(BUSINESS WIRE)--The results for the Zacks Top 10 Stocks for 2009 are in and they are visibly ahead of the market. As of January 6, 2010, the Top 10 Stocks for 2009 portfolio is up 37%.

Technology stocks have been favorable and the Top 10 Stocks for 2009 benefited in a big way with two of its holdings: Google  and Shanda Interactive . Both soared high above the benchmarks, delivering considerable returns for the portfolio with Shanda Interactive, the Chinese-based gaming company, up triple digits as of Jan 6. The Zacks Top 10 Stocks for 2009 also saw considerable gains in URS Corporation , Teva Pharmaceutical Industries Limited  and Energy Transfer Partners L.P.  which increased the portfolio’s return.

The Top 10 Stocks Strategy Worked

To play the unclear outlook for 2009, we structured the Top 10 Stocks portfolio as a combination of two mini-portfolios; a defensive portfolio and an aggressive one.

Bill Wilton, editor of the Top 10 Stocks for 2009, said “the stocks were chosen specifically to deal with an unpredictable environment,” adding that “the conservative portion of the portfolio did exactly what it was meant to do, provide stability in any market environment.”

“Our other holdings, which were geared toward benefiting from an economic recovery, also lived up to expectations,” noted Bill Wilton. “With huge winners in Google and Shanda, the portfolio was able to capitalize on the remaining months that saw stocks surge into the holiday season.”

Uncover Zacks Top 10 Stocks for 2010

This week Zacks will launch the Top 10 Stocks for 2010 portfolio.

“2009 was all about the big rally. 2010 will be a stock picker’s market. Investors will want to be in the “right” stocks and sectors,” said Tracey Ryniec, editor of Zacks Top 10 Stocks for 2010.

“We’ve picked 10 companies for 2010 that we think will be able to capitalize on trends in the global economy, especially with the apparent recovery. There’s an interesting mix of sectors this year. We’re excited to share the Top 10 stocks of 2010 with subscribers on Jan 13,” she added.

Discover this year’s picks for the Zacks Top 10 Stocks for 2010 here: http://at.zacks.com/?id=6546

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About Zacks

Zacks Investment Research, Inc. was established in 1978. Its founder, Len Zacks, a mathematics Ph.D., learned that revisions to earnings estimates are the most powerful forces that influence stock prices. Today, his company constantly processes stock reports issued by 3,000 analysts from 150 brokerage firms. Zacks Investment Research monitors more than 200,000 earnings estimates, looking for changes.
Then, when changes are discovered, they’re used to 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 outshine the market by a nearly 3-to-1 margin.
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.