All Star Analysts Portfolio: Abercrombie & Fitch, Dell, Biovail and Golden West Financial.Business Editors CHICAGO--(BUSINESS WIRE)--April 10, 2003 Zacks.com just released it's latest additions and deletions to the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. All Star Analyst portfolio. This exclusive portfolio represents all stocks with a Strong Buy rating from at least five analysts with a 5 Star All Star ranking. These are the brokerage analysts whose stock recommendations proved to be the most profitable for investors. Two additions to the portfolio this week are: Abercrombie & Fitch Co. (NYSE NYSE See: New York Stock Exchange :ANF ANF antinuclear factor; see antinuclear antibodies (ANA), under antibody. ANF abbr. antinuclear factor ANF atrial natriuretic factor. ) and Dell Computer Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DELL). Here are 2 other current members of this portfolio; Biovail Corporation (NYSE:BVF BVF Biovail Corporation (stock symbol) BVF Berufsverband der Frauenärzte eV (Muenchen, Germany) BVF Bearing Versus Frequency ) and Golden West Financial Corporation (NYSE:GDW GDW Game Designers' Workshop (wargame and roleplaying game company) GDW Ginga Densetsu Weed (manga/anime) GDW Genau Dann Wenn (German: If and Only If) GDW globally distributed work ). View the entire list of stocks on the All Star Analyst portfolio at http://asaportfolio.zacks.com Here is a synopsis of why these stocks are on the All Star Analysts Portfolio: Abercrombie & Fitch Co. (NYSE:ANF) is engaged in the purchase, distribution, and sale of men's, women's and kids' casual apparel. The company posted fourth quarter earnings of 93 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $534.5 million, which marked increases of +19% and +15% respectively from the year-ago period. Analysts were impressed that these record results came in a quarter that was quite difficult for the retail sector. The company reported net sales of $100.0 million for the four-week period ended March 1, 2003, a +12% increase over last year's February sales of $89.0 million. Although comparable sales were down 4%, the company managed to survive poor winter weather, lower consumer confidence and a late Easter, quite well. It looks like retailers might be heading higher and several All Star analysts are recommending ANF. Dell Computer Corp. (NASDAQ:DELL) is a leading computer manufacturer. Last week, DELL reported the creation of Dell Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. L.P., which is a joint venture between Dell and CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously. Which past endurance sting the tender cit. - Emerson. Group Inc., a leading commercial and consumer finance company. Analysts believe that the global reach of Dell and CIT allows DFS (Distributed File System) An enhancement to Windows NT/2000 and 95/98 that allows files scattered across multiple servers to be treated as a single group. With Dfs, a network administrator can build a hierarchical file system that spans the organization's LANs and to directly integrate their services with the needs and demands of Dell customers. On April 2, Dell reaffirmed its fiscal first-quarter guidance initially provided on Feb. 13: unit volumes up more than +25% from one year ago; revenue +18% higher, to $9.5 billion; and an increase in earnings per share of 35%, to 23 cents per share. The company said that they are seeing double-digit year-over-year revenue growth in all regional markets and customer segments. These impressive numbers in a very tough environment make DELL a top pick for several All Star analysts. This might be a great time to pick up some DELL. Biovail Corporation (NYSE:BVF) is a full-service pharmaceutical company that applies its proprietary drug delivery technologies in developing "oral controlled-release" products throughout North America. Recently, BVF reported record financial results for the fourth quarter and year ended December 31, 2002. Total revenues for the fourth quarter of 2002 increased +34% to $238.7 million, compared to $178.3 million reported for the fourth quarter of 2001. Total revenues for the year ended December 31, 2002 were $788.0 million reflecting an increase of $204.7 million or 35% over the year ended December 31, 2001 sales of $583.3 million. These favorable results were primarily driven by a significant increase in product sales revenues through Biovail's expanded U.S. sales and marketing organization, positive results from the U.S. Tiazac franchise, strong growth from BVF's Canadian sales and marketing group. It's no wonder so many All Star analysts are prescribing BVF for investors looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. long-term growth. Golden West Financial Corporation (NYSE:GDW) is the nation's second largest savings institution with assets over $69 billion as of Jan. 31, 2003. Currently operating 470 savings and lending offices in 38 states under the World name, the Company has one of the most extensive thrift branch systems in the country. Back in January, GDW announced record diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of of $6.12 for 2002, up +20% from the previous all-time high of $5.11 reported in 2001. Diluted per share profits in the fourth quarter of 2002 reached $1.60, an +11% increase from the $1.44 recorded a year earlier. The company has been on the rise since last October and in March was the nation's most admired mortgage services company, as reported in the March 3, 2003 issue of FORTUNE magazine. It looks like several All Star analysts are banking on this savings and loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. for profits in 2003. Discover all the current All Star Analyst rankings and top analyst recommendations at http://allstarrank.zacks.com About Zacks All Star Analyst Survey Do you want to know which brokerage analysts are the best in their field and what stocks they're recommending today? Find out with the Zacks All Star Analyst survey. This exclusive survey, created with Fortune Magazine, reveals the "Best-of-Breed" brokerage analysts. They are the select group of winners from the universe of brokerage analysts - the ones who consistently beat the street - the few you should be following now. Visit the Zacks All Star Survey to find the best analysts and their top stock recommendations at http://bestofbreed.zacks.com Top recommendations from All Star Analysts Highlighted in FREE Investment Newsletter Each week, Zacks.com highlights investment insight and favorite recommendations from All Star Analysts and other leading investment experts. This is all part of our FREE e-mail newsletter, "Profit from the Pros." The only way to get these powerful insights is with a FREE subscription to the "Profit from the Pros" investment newsletter. Register for your free copy at http://pfpregister.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. 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The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. |
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