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All Star Analysts Portfolio: Black & Decker Corporation, Dollar Tree Stores, General Electric and Wells Fargo & Company.


Business Editors

CHICAGO--(BUSINESS WIRE)--July 2, 2003

Zacks.com just released its 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. The newest members to the list are: Black & Decker Corporation (NYSE NYSE

See: New York Stock Exchange
:BDK BDK Black & Decker (stock symbol)
BDK Big Daddy Kane (rapper Juice Crew)
BDK Bukkyo Dendo Kyokai (Society for the Promotion of Buddhism)
BDK (Java) 
), Dollar Tree Stores, Inc. (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
:DLTR DLTR Duke Law and Technology Review ), General Electric Corp. (NYSE:GE) and Wells Fargo Wells Fargo

armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147]

See : Protectiveness


Wells Fargo

company that handled express service to western states; often robbed. [Am. Hist.
 & Company (NYSE:WFC WFC Wi-Fi Connection (Nintendo gaming service)
WFC Wide-Field Camera
WFC World Financial Center (New York)
WFC Workforce Center
WFC World Federation of Chiropractic
WFC World Food Council
). 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:

Black & Decker Corporation (NYSE:BDK) is a global marketer and manufacturer of quality products used in and around the home and for commercial applications. Yesterday, Masco Corporation (NYSE:MAS) and The Black & Decker Corporation (NYSE:BDK) announced that they have signed a letter of intent in which BDK will purchase the Baldwin Hardware and Weiser Lock businesses from Masco. Analysts believe that the acquisition of these strong brand names provides an excellent strategic opportunity for Black & Decker's further expansion of its lock and door hardware business by offering these products in all price ranges. Besides the recent acquisition plans, the company announced strong first quarter numbers. In April, BDK announced that net earnings for the first quarter of 2003 were $43.4 million or 55 cents per diluted share, which was a whopping +34% increase over 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 41 cents per diluted share in the first quarter of 2002. Sales for the first quarter of 2003 were $968 million, up a mere +2% from $952 million for the same period last year, but the numbers for the rest of the year look strong. BDK continues to make progress on its restructuring plan and enjoys good momentum in the marketplace. Several top All Star analysts believe that BDK could be a great tool to build a more profitable portfolio.

Dollar Tree Stores, Inc. (NASDAQ:DLTR) is an operator of discount variety stores offering merchandise at a fixed price point of $1.00 or less. The nation's leading operator of single-price point dollar stores reported first quarter 2003 earnings per share of 29 cents, a +16% increase compared to 25 cents in last year's fiscal first quarter ended April 30, 2002. Thanks to stronger than expected Easter sales, sales for the fiscal first quarter, which spanned February 2, 2003 to May 3, 2003, were $615.6 million, exceeding the Dollar Tree's original guidance of $590-$610 million. Total sales increased +20.8% quarter-over-quarter, and comparable-store sales rose 2.2%. Things look to be picking up for the discount variety store as DLTR announced last week that it has completed its planned acquisition of Greenbacks, Inc., a Salt Lake City-based $1.00 store operator. Dollar Tree paid approximately $100 million in cash for all of the outstanding securities of the privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. Many top All Star analysts believe that the specialty retail market will be on the fast track to recovery by the end of the summer, and as such, investors may want to add DLTR to their cart of profitable picks.

General Electric Corp. (NYSE:GE) is one of the largest conglomerates in the world. GE is a company on the move. In June GE announced that GE Consumer Finance-Americas has finalized See finalization.  the acquisition of Conseco Finance Corp.'s U.S. sales finance, consumer finance and private label credit card businesses. The company added that this acquisition would be a terrific complement to their existing sales finance and private label credit card businesses. In April GE announced that first quarter 2003 earnings before required accounting changes were $3.2 billion, or 32 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.
, compared with $3.5 billion, or 35 cents per share, in first quarter 2002. In this tough economic environment, 8 of their 13 businesses delivered double-digit earnings growth, which impressed many analysts. The company also told analysts that they remain comfortable with their target range of $1.55-$1.70 per share for the year. GE is a diversified conglomerate that has managed to stay afloat during difficult first half markets. The forecast for the second half looks to be much brighter and several top All Star analysts are recommending GE as a top choice. 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.
 a blue chip that has excellent growth potential and a decent dividend should further research GE.

Wells Fargo & Company (NYSE:WFC) is a holding company whose subsidiaries are engaged in banking and a variety related businesses. Last month, WFC the nation's #1 ranked Internet bank, announced that it has launched online training modules designed to teach corporate customers how to use the Internet to simplify their business processes. The new tutorials allow customers to receive interactive online training at their own pace, at a time that is convenient for them. Wells Fargo is the first financial institution to offer online tutorials to its corporate customers. In addition to building brand loyalty through education, WFC is also building its portfolio as the company announced that it has completed the acquisition of 11 mutual funds ($1.4 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , 4/30/03) from Montgomery Asset Management, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. With low rates and a rising stock market, many top rated All Star analysts are recommending investors bank on WFC.

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 See Internet e-mail service.  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

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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. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, then with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://freenewsletter.zacks.com

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(a)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index
Standard and Poor's Index
. The S&P 500 includes the reinvestment Reinvestment

Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.

1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares.
 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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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 2, 2003
Words:1310
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