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Zacks.com Featured Expert Kevin Matras Highlights: British American Tobacco p.l.c., Mirant Corp., Collective Brands, Inc., Penn Virginia Resource Partners, L.P. and ResMed, Inc.

Publication: Business Wire
Publication Date: 29-JUL-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Kevin Matras dispels the 'magic numbers' myth and looks at how to use Relative Valuations for finding undervalued stocks on the move. Stocks in this week's article include British American Tobacco p.l.c. (AMEX: BTI), Mirant Corporation (NYSE: MIR), Collective Brands, Inc. (NYSE: PSS), Penn Virginia Resource Partners , L.P. (NYSE: PVR) and ResMed, Inc. (NYSE: RMD). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=109

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

I speak to so many people that seem to believe there are some magic numbers out there that equate to stock-picking success. In particular, two things that I hear over and over again when I'm helping people with their screening strategies relates to P/E Ratios and Price/Book Values. For some reason, many believe that P/E Ratios of 20 or less and Price/Book Values of 1 or less are these so-called magic numbers.

Unfortunately, statistics prove otherwise.

I ran this piece last year looking at 2007 numbers. Today I'm updating it with 2008 numbers as well.

So first, looking at the best-performing stocks of 2007 (as qualified by stocks...

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