| | 06:00 ET CHICAGO--(Business Wire)--May 06, 2005--
Today Zacks.com releases the names of 4 more stocks that
are on their coveted Brokerage Buy List portfolio. This portfolio
includes just those stocks that currently appear on the core
recommended lists of at least three of the top 14 brokerage firms.
These stocks are considered the best large-cap stocks to own for the
long-term according to Wall Street's top players. In 2003 this
portfolio gained 28.5%, outpacing the S&P 500. Here are four stocks
that are currently members of this prestigious list: Automatic Data
Processing, Inc. (NYSE:ADP.N), Dell (NASDAQ:DELL.Q), Microsoft Corporation
(NASDAQ:MSFT.Q) and Exxon Mobil Corporation (NYSE:XOM.N). View the entire
list of stocks on the Brokerage Buy List at
at.zacks.com
Here is a synopsis of why these stocks are on the Brokerage Buy
List:
Automatic Data Processing, Inc. (NYSE: ADP.N) said positive momentum
in each of its businesses continued in is fiscal third quarter, as
evidenced by a solid performance that included earnings per share
rising to 57 cents from 50 cents year-over-year. Furthermore, the
company, which remains a top holding with three of the leading
brokerage firms, watched revenues climb 11% to $2.3 billion. Analysts
were especially pleased with its outlook. Automatic Data Processing is
confident that it will end the year toward the high end of its
guidance, which calls for revenue growth between 7% and 9% and
earnings per share growth between 12% and 15%.
Dell (NASDAQ: DELL.Q) is considered one of the best large-cap stocks
to own for the long-term by three of the leading brokerages. Early
last month, the company reaffirmed its fiscal first-quarter guidance
for earnings per share of 37 cents and revenues of approximately $13.4
billion, marking year-over-year improvements of 32% and 16%,
respectively. But it was the company's long-term goals that made most
of the headlines. Dell announced a goal of reaching $80 billion in
revenue within threeto four years, compared to $49 billion presently.
Kevin Rollins, Dell's CEO, stated, "Our growth and profitability are
based on a disciplined approach to defining new product and service
categories, accelerating growth in existing businesses, and extending
the value we create for customers in all of those areas."
Microsoft Corporation (NASDAQ: MSFT.Q) reported revenue of $9.62
billion late last month for its fiscal third quarter. That result
marked a 5% advance from the previous year, but was below Wall Street
expectations. Nevertheless, many found its outlook for fiscal 2006 to
be encouraging. Microsoft expects increased revenue growth for fiscal
2006 based on optimism for the future stemming from its strong product
pipeline and the growth opportunities from its investments in
innovative products and services. For the full fiscal year ending June
30, 2006, Microsoft forecasted revenue between $43.3 billion and $44.1
billion, which was ahead of what many analysts were expecting. Despite
some near-term challenges, Microsoft remains the premiere company in
its space and continues to be a top holding with three of the leading
brokerage firms.
Exxon Mobil Corporation (NYSE: XOM.N) disappointed Wall Street late
last month when reporting first quarter earnings per share, excluding
a gain, of $1.15, falling short of the consensus. Nevertheless, this
energy giant remains a favorite with four of the leading brokerage
firms. While falling short of expectations at about $1.18, the
earnings result marked a solid improvement over the year-ago quarter's
performance at 83 cents. In fact, the company's profit was the biggest
ever for its first quarter and the fifth largest in U.S. corporate
history. Furthermore, upstream earnings increased $1,041 million to
$5.054 million, while downstream earnings advanced $139 million to
$1,143 million.
To discover all the other profitable stock portfolios at Zacks.com
then follow this link at.zacks.com
About Zacks Brokerage Buy List
Zacks has developed many successful ways for individual investors
to profit from the stock picking prowess of Wall Street professionals.
The Brokerage Buy List is yet another powerful tool that investors can
wield in order to improve their investment results. This portfolio is
comprised of the core stocks recommended by at least three of the Top
14 brokerage firms. These are the kind of large cap stocks that are
best for long- term investors. In 2003 this portfolio gained +28.5%
outpacing the S&P 500. To learn more about the Brokerage Buy List then
visit at.zacks.com |
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