CHICAGO, Aug. 5, 2011 /PRNewswire/ -- Today, Zacks Investment Ideas feature highlights Features: Carbo Ceramics, Inc. (NYSE: CRR), Lululemon, Inc. (Nasdaq: LULU), Huntsmen Corp (NYSE: HUN), Travelzoo, Inc. (Nasdaq: TZOO).

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Your Dream Stocks Are Now On Sale

The sell-off in stocks over the last week has been pretty brutal. The averages have been taking it on the chin due to some less than stellar economic data, with Q2 GDP coming in soft and weakness in both manufacturing and services ISM. And when you throw in problems with the debt ceiling and further weakness in the Euro zone, bearish sentiment is running strong.

Fear Takes Over

That dynamic has been fueling the action on the Street for the last few days, where even the best stocks in the best sectors have been getting hammered as investors rotate out of equities as an asset class and into more defensive areas. While it's true the move lower has been painful for anyone who owns stocks, it's also important to recognize that when the baby gets thrown out with the bath water, tremendous opportunity is at hand. Or as Warren Buffet says, "Be greedy when others are fearful."

So on that note, let's use the recent sell off as an opportunity to look at some momentum high flyers that have traded sharply lower. The biggest challenge investors have with buying momentum stocks is buying the 52-week high. So this recent pull back could be an opportunity to pick up a few high-beta names while the market is dragging top momentum stocks lower.

4 Momentum High Flyers on Sale

Carbo Ceramics, Inc. (NYSE: CRR) is a specialized energy services and products company with a market cap of $3.15 billion. CRR has seen a sharp pullback in the recent sell off, falling from $180 to $132. That has helped the valuation picture for this Zacks #2 Rank stock. Beyond that, CRR has an average earnings surprise of 15% over the last four quarters and a bullish 31% growth projection.

Lululemon, Inc. (Nasdaq: LULU) hasn't pulled back as much CRR, but its 16% decline presents a solid opportunity to pick up shares at a discount to last week. LULU is a Zacks #1 Rank stock with an industry rank of 55 out of 265. The company also has an average earnings surprise of 23% over the last four quarters.

Huntsmen Corp (NYSE: HUN) took a 31% beating today after falling one penny short of the Zacks Consensus Estimate. That has made this chemical maker and Zacks #2 Rank stock a huge value play, trading at just 10X forward earnings that looks even better when considering its bullish 22% growth projection.

Travelzoo, Inc. (Nasdaq: TZOO) has been volatile for the last few weeks, topping off above $100 before recently pulling back to the $50 area. In the meantime, estimates are unchanged, with the current year holding at $1.46 after falling from $1.63 and the next-year estimate pegged at $2.05, a bullish 41% growth projection.

So as you can see, it doesn't have to be all doom and gloom. The recent sell off in stocks offers an opportunity for those with long-term vision and the conviction to go against the herd.

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