Zacks Investment Ideas feature highlights: Advance Auto Parts, Chemtura, Cintas, Juniper Networks and MaxLinear

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For Immediate Release

Chicago, IL- October 14, 2015 - Today, Zacks Investment Ideas feature highlights Features: Advance Auto Parts (AAP), Chemtura (CHMT), Cintas (CTAS), Juniper Networks (JNPR) and MaxLinear (MXL).

5 Buys to Crush Stock Market Bears

Gloom and doom are dominating the headlines even as the S&P 500 continues to park itself above the 2,000 mark. I've seen "Worst-to-first stocks may signal only a bear bounce" along with "Three reasons stocks won't rally in the fourth quarter" as well as "Super Crash theory says you shouldn't be chasing these gains." And that's only one website.

One thing I do want to point out is that these headlines aren't out here fear-mongering. They're less about shocking you into clicking and more about keeping one eye on the market at all times. They're all telling us to be careful this time around. I'm getting the feeling that that's the temperature most of the market is running right now. We're cautious with only a small pinch of optimism in some camps, while the bears and out there looking for any reason for the market to let loose.

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News flash people. I've got 15 stocks that have popped up on my breakout screen today. When the market is falling apart, I don't get 15 stocks on the radar, I get one or two tops. That tells me there are plenty of pockets of this market that are taking off and looking to hit new highs. Below I've given you five great stock ideas that are breaking out to new highs on momentum right here.

Advance Auto Parts (AAP)

Advance Auto Parts, Inc., the largest automotive aftermarket parts provider in North America, serves both the professional installer and do-it-yourself customers. Advance operates over 5,200 stores, over 100 Worldpac branches and serves approximately 1,300 independently owned Carquest branded stores in the United States, Puerto Rico, the U.S. Virgin Islands and Canada.

Shares of Advance auto have led the charge since bottomed out in April near $140. The August volatility pulled shares down from what was then a 52-week high over $190. The rough market in September saw the stock trade in the $170s yet it still maintained a bullish tilt by trading above its 50-day moving average for most of the month. Killer earnings helped shares spike up to new highs where it sits today, a few percentage points shy of $200.

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Chemtura (CHMT)

Chemtura is a global specialty chemicals company with leading positions in diversified markets. They build the chemistry that makes other products more durable, safer, cleaner and more efficient. Major industries served include transportation, building & construction, and energy & electronics. They are committed to global sustainability and engineering chemical solutions that meet their customers' evolving needs.

This stock has been butting up against resistance at the 52-week just below $31 for the last week or so. An overbought commodity channel index came down a tick as shares retreated from the highs to support just below $30. That level held for CHMT, giving us very bullish footing here. All it will take is a hint of good news and this stock will be making new highs.

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Cintas (CTAS)

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. Its Rental Uniforms and Ancillary Products segment rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services.

While a few of these other charts have been setting up for a breakout, shares of CTAS are breaking out right now. The top just below $90 was met with a week of heavy selling in late August that tested the bottom end of the range for most of the year down near $80. Buyers stepped in and have since pushed shares on through to new highs above $91. The $100 level is the next target in the short term.

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Juniper Networks (JNPR)

Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.

It seems like Juniper shares don't like to stay in one place for any extended period of time. Save for a month long consolidation in September shares have either been rallying or retracing all year long. The latest rally this month through the highs to just below $30 may be stalling out here a little bit. With the CCI coming back from 300 to 112, I think I'd wait a day or two and try to get a fill closer to $29 even.

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MaxLinear (MXL)

MaxLinear, Inc. is a provider of highly integrated, radio-frequency analog and mixed-signal semiconductor solutions for broadband communications applications. Their high-performance radio-frequency (RF) receiver products capture, decode, and process digital and analog broadband signals within various cable, satellite, and over-the-air applications. These products include both RF receivers and RF receiver systems-on-chip (SoCs), which incorporate their highly integrated radio system architecture and the functionality necessary to demodulate broadband signals.

This may be the best chart of the bunch. After a steady run from late 2014 to June of this year, shares of MXL retraced down to a key Fibonacci retracement level in August. Finding buyers and bouncing there, this next leg higher approaches the previous peak. A breakout here would mean a potential intermediate price target above $18. You do have to be careful of a reversal at these levels as well though with the CCI nearing 200.

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Bottom Line

Don't believe the hype. Sure there's plenty to be worried about in this market but that's because there's plenty to be worried about in every market. Analysis paralysis will only leave you with money on the sidelines missing out on the action. Using the Zacks Rank and Style Scores you can uncover great stock ideas each and every day.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com.

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ADVANCE AUTO PT (AAP): Free Stock Analysis Report

CHEMTURA CORP (CHMT): Free Stock Analysis Report

CINTAS CORP (CTAS): Free Stock Analysis Report

JUNIPER NETWRKS (JNPR): Free Stock Analysis Report

MAXLINEAR INC-A (MXL): Free Stock Analysis Report

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

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

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