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ZACKS
INDIA
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Zacks India is a subsidiary of Zacks Investment Research, Chicago, which is one of the most highly regarded firms in the investment industry. The guiding principle behind our work is that there must be a good reason for brokerage firms to spend billions of dollars a year on stock research. Obviously, these investment experts know something special that may be indicative of the future direction of stock prices.
In 1978 our founder, Len Zacks, made a breakthrough. Armed with his PhD in Mathematics from MIT, Len discovered that:
Earnings estimate revisions are the most powerful force impacting stock prices
From there he developed a quantitative model to harness the power of earnings estimate revisions - the direction, the degree of change, and surprises - along with other important variables to create the Zacks Rank.
This unique and innovative rating system predicted the potential for future stock price increases. In fact, it proved itself as a system that clearly stated when to | | | |
