February 18, 2008 at 12:39 PM EST
Zacks Upgrades and Revisions Strategy Highlights: Lockheed Martin, Mettler-Toledo, Apache, and White Mountains Insurance

Earnings estimate revisions are the most powerful force impacting stock prices. Couple that with the proven benefits of upgrades in ratings from brokerage firms and you have a strategy that delivered a +23.3 return in 2006. Four stocks meeting this screens exclusive criteria are Lockheed Martin Corporation (NYSE: LMT), Mettler-Toledo International, Inc. (NYSE: MTD), Apache Corp. (NYSE: APA), White Mountains Insurance Group Ltd. (NYSE: WTM). View the entire list of stocks for the Upgrades and Revisions Profit Track at http://at.zacks.com/?id=1844

Here are details on four companies currently identified by the Upgrades and Revisions Profit Track:

Lockheed Martin Corporation (NYSE: LMT) is enjoying five-year EPS growth of 25.56% and has a Zacks #2 Rank, thus earning its place on the Upgrades and Revisions profit track. The company recently signed a ten-year, $1 billion contract with the FBI to develop the Bureaus biometrics system. LMTs fourth quarter included an earnings per share surprise of 11.83%. LMT designs, develops, and manufactures advanced technology systems, products and services.

Mettler-Toledo International, Inc. (NYSE: MTD) reported its fourth-quarter earnings on Feb 7. The precision instrument giant had extensive sales growth in the fourth quarter with a 16% sales rise in Asia and a 6% sales rise in Europe and the Americas. The Zacks #2 Rank company had a fourth-quarter earnings per share surprise of 12.42% and enjoys a five-year annual EPS growth of 19.58%. These factors place it on the Upgrades and Revisions profit track.

Apache Corp. (NYSE: APA) is an energy company that produces crude oils, natural gas, and natural gas liquids. APA reported exceptional results in the fourth quarter, which it attributed to higher oil and gas prices. The company landed on the Upgrades and Revisions profit track with an earnings per share surprise of 17.27% and a 12% increase in earnings estimates. On Feb 15, Apache declared a special cash dividend of 10 cents per share, which will be paid on March 18. This Zacks # 2 Rank company has also experienced a 20.28% growth rate in the past five years.

White Mountains Insurance Group Ltd. (NYSE: WTM) is a Bermuda-domiciled financial services holding company that specializes in property and casualty insurance and reinsurance. WTM ended up on the Upgrades and Revisions profit track with a five-year growth rate of 30.19% and a fourth-quarter EPS surprise of 42.96%. In January of 2008, the insurance company acquired 42% stake of Answer Financial Inc.s outstanding debt and equity for $30 million. WTM is a Zacks # 1 Rank that has experienced a 1.08% rise in its quarterly earnings estimates.

Discover all the current stocks currently on the Upgrades and Revisions Profit Track at: http://at.zacks.com/?id=1869

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 2006, the Low Price Stocks strategy was the top performing Profit Track with a return of +56.5% followed by the Discounted Fundamental screen with a +34% 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 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros 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.

The performance of the Zacks Rank portfolios for annual and year-to-date periods are the linked monthly total returns (price changes + dividends) of equal weighted hypothetical portfolios, consisting of those stocks with the indicated Zacks Rank, assuming monthly rebalancing and zero transaction costs. These are not the returns of actual portfolios. The hypothetical portfolios were created at the beginning of each month from January 1988 forward based on the values of the Zacks Rank available to Zacks' clients before the beginning of each month. The portfolios created monthly from 1988 through September 2006 exclude ADRs and are comprised of stocks that have the indicated Zacks Rank and were covered by at least two analysts at the time of the stocks inclusion in the portfolio. Starting in October 2006 and going forward, the portfolios are comprised of all stocks with the indicated Zacks Rank and do not exclude ADRs, which is more reflective of the list of stocks that customers will find on the Zacks web sites. These performance numbers have been audited from 1995 through 2003 by Virchow, Krause & Company, LLP.

The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks, selected by Standard & Poor's. The S&P 500 Index assumes reinvestment of dividends but does not reflect advisory fees. An investor cannot invest directly in an index.

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.

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