CHICAGO--(BUSINESS WIRE)--April 15, 2005--
Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list. The #1 Ranked (Strong Buy) stocks highlighted today include the following companies: Chattem, Inc. (NASDAQ:CHTT) and Interwoven, Inc. (NASDAQ:IWOV).
Stocks ranked #1 (Strong Buys) by Zacks have produced an average annual return of +33.4% since inception in 1988. During the recent bear market from 2000 through 2002, Zacks #1 Ranked stocks gained 43.8% while the S&P 500 tumbled 37.6%.
Here is a synopsis of why these stocks have a Zacks Rank of 1 (Strong Buy). Note that a #1 Strong Buy rating is applied to 5% of all the stocks Zacks ranks:....
...Interwoven, Inc. (NASDAQ:IWOV) will announce first quarter financial results on April 21, 2005. Full year 2005 earnings estimates
are up 2 cents, or about +7%, from a month ago. In late January, the company posted fourth quarter pro forma earnings of 7 cents
per share, surpassing the consensus by +40% and improving on last year's loss of (3 cents). Total revenues were $43.2 million, a
28% increase from last year's $33.7 million. Interwoven noted its exceptional performance on a number of fronts throughout the year,
which included consistently beating its competition with new customer wins, continued cross-selling into its existing customer base,
and finishing off the year with record pro forma profitability...." |
