All Star Analysts Portfolio Highlights: Energy Conversion Devices, ENSCO Int'l, IDEX Corporation and Schlumberger Ltd.CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Energy Conversion Devices, 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 : ENER), ENSCO International ENSCO International is the largest offshore Jack-Up Oil and Gas well drilling corporation [1], with 50 offshore Jack-Up and 5 Semi-submersible drilling rig's servicing domestic US, international, and Scientific drilling markets. Inc. (NYSE NYSE See: New York Stock Exchange : ESV ESV end-systolic volume. ), IDEX IDEX International Development Exchange IDEX Imagery Data Exploitation System IDEX Imagery Digital Exploitation (system) IDEX Identifier of Explorer Corporation (NYSE: IEX IEX Ion Exchange (chromatography) IEX Inter-Exchange Carrier ) and Schlumberger Limited (NYSE: SLB SLB Solomon Islands (ISO Country code) SLB Schlumberger Ltd. (oil field services firm) SLB Server Load Balancing SLB Sport Lisboa e Benfica (soccer) ). View the entire list of stocks on the All Star Analyst portfolio at http://at.zacks.com/?id=510 This exclusive portfolio represents all stocks with a Strong Buy rating from at least four analysts with a 5-Star All Star ranking. These are the brokerage analysts whose stock recommendations proved to be the most profitable for investors. Since July 2002, this portfolio has generated an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. return of 7.53%. Here is a synopsis of why these stocks are in the All Star Analysts Portfolio: Energy Conversion Devices, Inc. (NASDAQ: ENER) continued its momentum from last year and put together a solid fiscal first quarter performance. The alternative energy developer announced a net loss of six cents for the quarter, but that was substantially narrower than the year-earlier loss. Furthermore, the result topped the consensus by approximately 25%. Revenues reached $27.2 million, compared to $23.2 million in the first quarter of fiscal 2006. Revenues at the company's wholly-owned subsidiary United Solar Ovonic o·von·ic adj. Of or relating to a device whose operation is based on the Ovshinsky effect. [Ov(shinsky effect) + (electr)onic.] rose to $23.9 million from $19.4 million a year earlier. The All Stars are encouraged by this innovative company's potential moving forward. ENSCO International Inc. (NYSE: ESV) announced its fourth straight record quarter in late October as international markets remained strong. Earnings per share surged year over year in the third quarter and topped the consensus by approximately 8.5%. Revenues rose to $489.9 million from $275.1 million. The average day rate for ESV's operating jackup rig fleet jumped 57% from last year to $119,400 while utilization of its jackup fleet advanced to 97%. Also in the quarter, the contract drilling services company announced that it repurchased 1,250,000 shares of its common stock. IDEX Corporation (NYSE: IEX) reported third-quarter earnings per share 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 of 62 cents on sales of $289.8 million. Earnings advanced year over year and edged past the consensus. Sales improved 16%. Organic sales growth was 9%, excluding acquisitions and foreign currency translation. IDEX Corporation said the performance reflects its consistent ability to generate growth and expand its operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: . Analysts like the company's continued emphasis on innovation to deliver strong organic revenue and earnings growth. They also believe that acquisitions and new product launches across all three segments support growth. Schlumberger Limited (NYSE: SLB) almost doubled its year-ago performance with earnings per share of 81 cents for the third quarter. The result also bettered the consensus by about 6.6%. Revenue moved forward to $4.95 billion from $3.7 billion. The oilfield services company said that continuing strength in seismic activity and increased demand for drilling services and well placement technologies were highlights for the quarter. Discover all the current All Star Analyst rankings and top analyst recommendations at http://at.zacks.com/?id=511 About Zacks All Star Analyst Survey To learn which brokerage analysts are the best in their field and what stocks they're recommending today, see 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://at.zacks.com/?id=512 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 a free subscription at http://at.zacks.com/?id=513 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 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros http://at.zacks.com/?id=514 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. (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 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion