Comments on: Zacks Elite Targeted Value Stocks

By: Ram

Ram — Tue, 08 Mar 2011 02:35:36 +0000

i was tempted to buy the membership and here is what i found out from my research. You decide what you want to do.
Who else do a better job of picking a stock out of the screener? One of the insider gurus of the system- right ? Watch this video on youtube from Apr 28/2009 – this was when market was almost a month in to Bull run.

http://www.youtube.com/watch?v.....re=related

In that video Kevin Matras picked 5 stocks from the screener – HANS,IXYS,NTRI,SNWL,STRL. Look at where they were in Apr 2009 and where they are right now. 2 have doubled, i could not locate one, 2 have stayed the same. Now, if at max the screener could do in BIG bull run is to just double your money and you cannot beat that then go ahead and subscribe. I dont need a crappy screener like this.

By: Paul T

Paul T — Tue, 10 Mar 2009 03:20:43 +0000

I suspect that they are straddling the line between offering as many products as possible to target different needs of as many different customers as possible while at the same time upholding the “integrity” of the Zacks name.

I used and experimented with a few of their services for about a year and lost a good chunk of money, but it was right as the recession was hitting, so it’s hard to say how good or bad the service is. I believe that they actually have a good service, although I was bothered a bit by all the new products they were rolling out after I had subscribed to one of their premium services.

Anybody else have any thoughts?

By: Spencer

Spencer — Fri, 20 Jun 2008 03:22:01 +0000

The Research Wizard, which Zacks sells for $2-4k/yr., is positioned as a tool to improve on the predictive ability of the lone Zacks Rank by adding filtering criteria to a query then backtesting those criteria over 6 years (2 years with the trial version) of historical data. Inevitably the first criteria added to the filtering screen is the Zacks Rank, which according to Zacks promo material is based on analysts’ earnings estimates, analysts ratings, earnings growth, earnings surprises, etc. The other screening criteria which can be added to the screen definition are very similar to factors already included in the Zacks Rank. It therefore seems unlikely that one could very easily improve on the predictive ability of the Zacks Rank, especially considering that it was supposedly developed over the past 20 years. Hence, subscriber-developed models which perform better in backtesting than the lone Zacks Rank would seem to be the result of nothing more than random happenstance in the crunching of historical data. I asked Zacks to comment on this suggestion – no response yet.

By: C

Thu, 12 Jul 2007 00:27:52 +0000

Did they have the Zacks Filtered Rank 2 when you did your trial? How is that different than the original?

By: George

George — Mon, 14 May 2007 13:32:14 +0000

Anyone have a copy of the table I posted here last week with the ZacksElite Focus List? It appears my blog ate the one I originally posted, and I don’t have easy access to that list to fix this post right now.

By: David Merkel

David Merkel — Fri, 11 May 2007 16:40:35 +0000

There are a lot of insurers there. Coming off of a good quarter for insurance, and with PEs reasonable, I can see why there are a lot of them there. That said, P/B multiples are getting stretched. Watch out for mean reversion of ROEs.