Zacks.com featured expert Kevin Matras highlights: Apogee Enterprises, Inc., Forestar Group Inc., Platinum Underwriters Holdings, Ltd., FreightCar America, Inc. and The Ryland Group, Inc. - Press Releases

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Chicago, IL - February 28, 2012 - Stocks in this week's article include Apogee Enterprises, Inc. (NASDAQ: APOG ), Forestar Group Inc. (NYSE: FOR ), Platinum Underwriters Holdings, Ltd. (NYSE: PTP ), FreightCar America, Inc. (NASDAQ: RAIL ) and The Ryland Group, Inc. (NYSE: RYL ). Kevin Matras screens for companies showing their 'first' profit, and explains why they are ones to watch.

Screen of the Week written by Kevin Matras of Zacks Investment Research:

With earnings season winding down, I've been running screens with the concept of finding companies that have just recently shown their first quarterly profit within the last year.

The idea is to find companies that have not shown a profit for at least the previous 4 quarters, but have just recently produced their first profit this last quarter.

Some of these companies will be relatively new, so this recent profit may be the only profit in the company's history so far. Others may have a long history of profitability, but haven't seen a profit in a while for whatever reason -- but have finally returned to profitability.

I like this concept because if the trend has been one of improvement, there's a good chance that trend will continue. This is true whether you've been profitable or are just getting profitable.

But some (like myself for example) dislike buying companies that cannot show a profit. And there are many others who won't even consider a stock unless it's making money.

Losing less than the previous quarter is indeed an improvement. And in that respect, by definition, it is growth, i.e., they're growing less unprofitable. And it's even better if the losses are less and less in each sequential quarter.

But there's something entirely different about growth AND being profitable. And those are the stocks that will likely see the best new demand from new investors. People who are now, all of a sudden, willing to take notice of and pay attention to the stock.

And that's what we're screening for today...

For the rest of this Screen of the Week article, please visit Zacks.com at: http://www.zacks.com/commentary/20271/

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

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APOGEE ENTRPRS ( APOG ): Free Stock Analysis Report
 
FORESTAR GROUP ( FOR ): Free Stock Analysis Report
 
PLATINUM UNDRWT ( PTP ): Free Stock Analysis Report
 
FREIGHTCAR AMER ( RAIL ): Free Stock Analysis Report
 
RYLAND GRP INC ( RYL ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: APOG , FOR , PTP , RAIL , RYL

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