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Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.
The entire amount you invest in no-load funds goes to work for your returns. On the other hand, with load funds, right off the bat you're charged commission (not to mention other fees incurred over the life of the investment). Let's say, for example, you invest $25,000 into a load fund that charges a 5% commission. This costs you $1,250 off the top, bringing your actual investment down to only $23,750.
The often-cited horse race analogy argues against investing in load funds. Here's the logic behind it: Would you place a bet on a horse that had to start a race 200 yards behind the others? Well, maybe you would if you got a tip from a sketchy, trench coat-clad man in a dark alley. However, under most circumstances, it's not smart to put your money on that handicapped horse.
But some argue that at times that man in the trench coat (aka your broker) knows more about the horses than you do, and has a better shot at picking a winner. Also, sometimes these fees are unavoidable because some funds are available only through investment advisers.
Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.
Home / Markets / Industries / Energy
Wednesday, May 07, 2008
Zacks Buy List Highlights: DeVry, Inc., CA, Inc., Fording Canadian Coal Trust and Whiting Petroleum Corporation
Comtex
CHICAGO, May 07, 2008 (BUSINESS WIRE) ----Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every day on Zacks.com, four stock picks are made based on criteria for the each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are DeVry, Inc. (NYSE: DV), CA, Inc. (NASDAQ: CA), Fording Canadian Coal Trust (NYSE: FDG) and Whiting Petroleum Corporation (NYSE: WLL).
Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.2% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled -37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88.
Here is a synopsis of today's Zacks Rank Buy Stocks:
Aggressive Growth - DeVry, Inc. (NYSE: DV)
DeVry Inc. is educating shareholders on how to make money. Its acquisitive strategy has paid off nicely and earnings are robust. It even announced a dividend in late-2006. A look beneath the numbers reveals a clean bill of health. Over the past month, this year's earnings estimates have risen nine cents to $1.79 per share. 10 of the 13 covering analysts have risen their forecasts.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
Growth & Income - CA, Inc. (NASDAQ: CA)
CA, Inc. continues to offer solid growth and income. The company is scheduled to release fiscal fourth-quarter and full-year results on May 22, 2008. CA recently moved its stock exchange listing from The New York Stock Exchange to The NASDAQ(R). The company's ROE of 17% exceeds the industry average of 13%. CA declared a regular, quarterly cash dividend of four cents per share in late February. The company's dividend yield of 0.7% is a competitive one within its industry.
Zacks Guide to Growth & Income Investing (free!): http://at.zacks.com/?id=4310
Momentum - Fording Canadian Coal Trust (NYSE: FDG)
Fording Canadian Coal Trust reported disappointing first-quarter results on Apr 21, but the company quelled investor concerns by providing a very bullish forecast for the rest of the year. With a substantial number of its contracts for 2008 negotiated, Fording is expecting its average selling price for coal to be more than twice the level from 2007. Current-year earnings estimates have almost doubled in just the last 30 days.
Zacks Guide to Momentum Investing (free!): http://at.zacks.com/?id=4311
Value - Whiting Petroleum Corporation (NYSE: WLL)
Whiting Petroleum is reaping the benefit of sky high oil prices as the company reported a record first quarter and saw net income increase five-fold over 2007. Whiting has surprised on earnings in the last four quarters by an average of 21.69%. The company's 2008 P/E is 14.73.
Zacks Guide to Value Investing (free!): http://at.zacks.com/?id=4312
The free special report, "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions," provides an insightful background about this wealth-building tool. Download your free copy of the report now to prosper in the years to come by visiting http://at.zacks.com/?id=93.
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of +32.2%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 129% annually (+5.3% vs. +12.1%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=90.
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 http://at.zacks.com/?id=91.
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.
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.
SOURCE: Zacks.com
Zacks.com Aggressive Growth Stocks: Roopak Chakravarty, 312-265-9188 or Growth & Income Stocks: Alex Kolb, 312-265-9149 or Momentum Stocks: Michael Vodicka, 312-265-9226 or Value Stocks: Tracey Ryniec, 312-265-9232 Email: pr@zacks.com Visit: www.zacks.com
Copyright Business Wire 2008
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