In general, the stock market is so efficient that a stock's current price has discounted everything currently known about that company's business outlook. However, changing earnings expectations are truly new information, not yet discounted in the stock price. The ZIM investment process exploits the delays inherent in stock price response to significant changes in brokerage research analysts' earnings expectations. These delays give an aggressive firm like ZIM the opportunity to earn significant excess returns for their clients. The ZIM investment process consists of taking equal weighted positions in a long portfolio of 75 stocks exhibiting significant upward estimate revision momentum.
Clients have the choice of investing in either or both of two distinct investment disciplines.
For more information regarding Zacks Investment Management please call Bob James at 1.800.767.3771 ext.