Here is a synopsis of why Rent a Center has a Zacks Rank of 1
(Strong Buy). Note that a #1 Strong Buy rating is applied to 5%
of all the stocks we rank:
"Rent-A-Center experienced a strong rise in its earnings
estimates over the past several days, as the company reported
record revenues and net earnings in its first quarter 2003
results. The company reported total revenues of $566.4 million,
or +13.6% better than last year's $498.6 million, largely due to
better than expected same-store sales growth of +6.2%. Net
earnings advanced by +17% to $1.42 per diluted share. RCII said
it is strategically positioned to enhance its presence through
new store development and opportunistic acquisitions. Even if
you're a renter, it may be worth your while to consider a
purchase of RCII."
To truly take advantage of the Zacks Rank, you need to first
understand how it works. See the free special report; "Zacks
Rank Guide: Harnessing the Power of Earnings Estimate
Revisions." Download your free copy here.
http://freezrguideprbw1.zacks.com
