All Star Analysts Portfolio Highlights: Black & Decker, Masco, Navistar International and Goldman Sachs.Business Editors CHICAGO--(BUSINESS WIRE)--Aug. 28, 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. Three new members of the list are: The 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) ) Masco Corporation (NYSE:MAS) and Navistar International Navistar International Corporation (Pink Sheets: NAVZ) (formerly International Harvester Company) is a manufacturer of International brand commercial trucks, MaxxForce brand diesel engines, IC Corporation brand school buses, Workhorse brand chassis for motor homes and step vans, Corporation (NYSE:NAV See navigation system and navigation bar. ) A current member is The Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Group, Inc. (NYSE:GS). View the entire list of stocks on the All Star Analyst portfolio at http://asaportfolio.zacks.com Here is a synopsis A summary; a brief statement, less than the whole. A synopsis is a condensation of something—for example, a synopsis of a trial record. of why these stocks are on the All Star Analysts Portfolio: The Black & Decker Corporation (NYSE:BDK) is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Last month BDK announced that net earnings for the second quarter of 2003 were $75.7 million or 97 cents per diluted share, a +20% 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 81 cents in the second quarter of 2002. The company continued to improve gross margins significantly in all business segments through their restructuring program and productivity gains. The benefits of good free cash flow, in the form of lower interest expense and a lower share count, means the company expects diluted earnings per share in the $1.00-to-$1.05 range for the third quarter. Although a slight improvement, several top All Star analysts believe that the company has turned the corner and is an effective tool in building a profitable portfolio. Masco Corporation (NYSE:MAS) is one of the world's leading manufacturers of home improvement and building products as well as a leading provider of services that include the installation of insulation and other building products. In early August MAS reported that 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 for the second quarter ended June 30, 2003, aided by acquisitions, increased +20% to a record $2.8 billion, compared with $2.3 billion for the second quarter of 2002. Net income for the quarter increased 7% to a record $229.6 million compared with $214.3 million for the 2002 second quarter. Earnings per common share also increased +7% to 46 cents compared with 43 cents per common share for the 2002 second quarter. Given the current economic environment, several top All Star analysts were pleased with their performance in the second quarter and expect the second half of 2003 to be even stronger than the first half. If present positive sales and economic trends continue, the company believes that third quarter earnings per common share should approximate 48 cents to 51 cents and continues to expect to achieve record sales and earnings for 2003 with full-year earnings in a range of $1.68 to $1.72 per common share, modestly higher than the company's previous guidance. Strong financials and quality products have several top All Stars recommending MAS as a good long-term investment. Navistar International Corporation (NYSE:NAV), the nation's largest combined commercial truck, school bus and mid-range diesel engine producer, reported that it returned to profitability in its third fiscal quarter ended July 31, 2003 and said that it is on track to be solidly profitable in the fourth quarter. Net income from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the for the three months ended July 31, 2003 totaled $19 million, equal to 26 cents per diluted common share, compared with a loss of $16 million or (26 cents) per diluted common share a year ago. This beat the Street's estimate by a penny, but it was a great improvement over last year. The third quarter profit was achieved despite continued softness in medium truck shipments, but several All Star analysts were encouraged by strong pickup in new medium truck orders in July. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company, preliminary July industry Class 6-7 medium truck orders totaled 7,700 units, up +37% over a year ago and the highest monthly total since August 2002. NAV looks to be trucking along in the right direction and a solid choice for investors. The Goldman Sachs Group, Inc. (NYSE:GS) is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base. In its fiscal second quarter report, Goldman Sachs stated that a stronger performance in the capital markets and improved investor sentiment created a more optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op outlook for its business. In July the company reported earnings per diluted share of $1.36, which surpassed the year-ago performance and beat the consensus by more than +16%. Goldman Sachs said the quarter reflects strong operating results from its Fixed Income, Currency and Commodities franchise, as well as solid performances from its other core businesses, given the difficult environment. Goldman Sachs accomplished all this even though it has yet to see much evidence of an economic recovery. Once a stronger recovery does come, the company would likely experience even greater earnings estimate growth. Several top All Star analysts are recommending GS as a top 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. stock. 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. 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