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CFK

Zacks Recent Price Strength Strategy Highlights: CE Franklin, JLG Industries, Lakeland Industries, and Perficient
Business Wire - December 01, 2005 06:00

CHICAGO, Dec 01, 2005 (BUSINESS WIRE) -- This stock picking strategy looks for companies trading in the upper range of their 52-week highs that have attractive fundamental attributes. This strategy proves that the "trend is your friend" with a 14.6% return versus 2.4% for the S&P 500 for the first half of 2005 (through July 15). This screen is called the Recent Price Strength Profit Track strategy. Four stocks meeting this screen's exclusive criteria are CE Franklin Ltd. (AMEX:CFK), JLG Industries Inc. (NYSE:JLG) Lakeland Industries Inc. (NASDAQ:LAKE), and Perficient Inc. (NASDAQ:PRFT). View the entire list of stocks for the Recent Price Strength Profit Track at http://at.zacks.com/?id=1863

Here are details about four companies currently identified by the Recent Price Strength Profit Track:

CE Franklin Ltd. (AMEX:CFK), an energy services company, recently reported third quarter earnings of 24 cents per share. The result beat the consensus estimate by 100% and was well above the result from last year. During the past four weeks, CFK's share price has increased approximately 15% and is trading near its 52-week high.