(Source: Business Wire)

Looking for stocks priced below $20? How about companies with discount
valuations and a track record of a positive trend in earnings estimates
revisions? The Low
Price Stocks Profit Track Strategy identifies such stocks. This
screen generated a +56.5% return in 2006. Four stocks meeting this
screen's exclusive criteria are: Invacare Corp. (NYSE: IVC), Multi-Color
Corp. (NASDAQ:LABL), American Equity Investment Life Holding Co. (NYSE:
AEL) and Energy Transfer Equity, L.P. (NYSE: ETE). View
the entire list of stocks for the Low Price Stocks Profit Track at http://at.zacks.com/?id=2140.
Here are details about four companies currently identified by the Low
Price Stocks Profit Track:
Invacare Corp. (NYSE: IVC) is the world's leading manufacturer
and distributor of non-acute health care products. The company has a
Zacks #2 Rank and a per share price of $16.29. In the third quarter, IVC
reported earnings of 42 cents per share, while analysts expected 38
cents. It has a price/sales ratio of .29 and a 12-month trailing EPS of
$1.34, which satisfy the requirements for the Low Price profit track.
Multi-Color Corp. (NASDAQ: LABL) reported second-quarter earnings
of 33 cents per share, delivering a surprise of 17.86%. This Zacks #2
Rank sports a price/sales ratio of .84 and a per share price of $18.25,
earning its place on the Low Price profit track. Moreover, LABL enjoys a
12-month trailing EPS of $1.10. LABL is one of the largest producers of
printed labels for branded consumer products in the United States.
American Equity Investment Life Holding Co. (NYSE: AEL) is a
Zacks #2 Rank company that reported outstanding third-quarter earnings
of 42 cents per share, marking an EPS surprise of 23.53%. AEL enjoys a
low per share price of $8.41 and a 12-month trailing EPS of $2.86. In
addition, the company sports a price to sales ratio of .56. AEL is a
full service underwriter of a broad line of annuity and insurance
products, with a primary emphasis on the sale of fixed rate and index
annuities.
Energy Transfer Equity, L.P. (NYSE: ETE), which owns a
diversified portfolio of energy assets, enjoys a Zacks #1 Rank and a per
share price of $17.27. In addition, ETE has a 12-month trailing EPS of
$1.13 and a price/sales ratio of .42. The company reported third-quarter
earnings of 47 cents per share, which exceeded analysts'expectations of
28 cents. Last year, the company delivered earnings of 46 cents per
share.
Discover all the current stocks currently on the Low
Price Stocks Profit Track at:
http://at.zacks.com/?id=2141.