Allot Communications Ltd. and 51job, Inc. - Zacks #1 Rank Top Performers
28 Giugno 2011 - 2:00AM
Zacks
It was another day in the green for the major indices on Tuesday.
There were several Zacks #1 Rank (Strong Buy) stocks showing strong
gains too.
Allot Communications Ltd. (ALLT) was one
such stock, rising 11.8% on heavier than normal volume.
Allot Communications Ltd. provides intelligent IP
service optimization solutions for carriers, service providers and
enterprises.
The company recently delivered better than expected
first quarter results on May 3. Revenues rose 38% to $17.2 million,
ahead of the Zacks Consensus Estimate of $16.0 million.
Earnings per share came in at 6 cents, beating the
Zacks Consensus Estimate of 5 cents. Analysts revised their
estimates higher off of the strong quarter, sending the stock to a
Zacks #1 Ranks (Strong Buy).
Shares are trading at 67x 2011 earnings, a
significant premium to the industry average of 19.9x.
Another hot Zacks #1 Rank (Strong Buy) stock from
Tuesday was 51job, Inc. (JOBS), which rose 7.8%.
51job, Inc. provides integrated human resource
services to employers and job seekers primarily in China.
Estimates have been moving significantly higher
since the company posted a 21% positive earnings surprise on May
5.
Revenues rose 28% year-over-year to $49.6 million
while the gross margin expanded from 64.3% to a whopping 70.5%.
51job is a little pricey too, but a much more
reasonable 26.6x forward earnings. Based on a 5-year projected
growth rate of 20%, its PEG ratio is a reasonable 1.3.
Other notable top performing Zacks #1 Rank stocks
from Tuesday include: Cybex International, Inc. (CYBI),
which jumped 8.0%, Vonage Holdings Corporation (VG), which
rose 6.5%, and TravelCenters of America LLC (TA), which was
up 6.2%.
To see the full list of Zacks #1 Rank (Strong Buy)
stocks click here.
Todd Bunton is the Growth & Income Stock
Strategist for Zacks.com.
ALLOT COMM LTD (ALLT): Free Stock Analysis Report
51JOBS INC-ADR (JOBS): Free Stock Analysis Report
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