All Star Analysts Portfolio highlights: AMETEK, Baker Hughes, IDEX Corporation and Schlumberger.CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include AMETEK, Inc. (NYSE NYSE See: New York Stock Exchange : AME See AIT. ), Baker Hughes Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger & Halliburton, its main competitors. Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion and production. Inc. (NYSE: BHI BHI Baker Hughes Incorporated BHI Brain Heart Infusion (agar) BHI Better Hearing Institute BHI British Horological Institute (UK) BHI Boots Healthcare International BHI Branch If Higher ), 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 Ltd. (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: AMETEK, Inc. (NYSE: AME), a global manufacturer of electronic instruments and electromechanical devices Noun 1. electromechanical device - a mechanical device that is operated by electricity mechanical device - mechanism consisting of a device that works on mechanical principles , will report its second-quarter results on Jul 19. The Zacks #2 Rank company announced strong first-quarter results in April, with earnings per share of 48 cents beating the consensus by almost 4.4%. In the year-ago period, AMETEK earned 38 cents. Sales advanced 19% year over year to $505.3 million. Due to market conditions and these strong quarterly numbers, the company raised its earnings estimate for the year to between $1.95 and $2, which would grow from 2006 by 14% to 17%. More recently, AMETEK announced the acquisition of niche specialty metals producer Hamilton Precision Metals for about $42 million in cash. Baker Hughes Inc. (NYSE: BHI) is one of the All Stars' favorite names in oil services. The company is a Zacks #2 Rank with earnings estimates for this year that have advanced approximately 3.1% over the past three months. In its first 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 $1.17 topped the consensus by approximately 6.4% while revenue moved forward 20% to $2.47 billion. The company will report its second-quarter numbers late this month. Baker Hughes believes it is well positioned to benefit from increased drilling and completion activity around the world. Analyst polled by Zacks Research Digest appreciate the company's growth opportunities, including its ability to pass raw material cost increases to customers through enhanced pricing. IDEX Corporation (NYSE: IEX), an applied solutions company, will report its second-quarter results on Jul 24. In its first quarter, the company announced earnings per share of 45 cents (after adjusting for a 3-for-2 stock split), which improved year over year and edged past the consensus. Sales advanced 25% to $333.3 million. In mid June, IDEX announced the acquisition of Quadro Engineering for $31 million in cash. Quadro is a leading provider of particle control solutions for the pharmaceutical and bio-pharmaceutical markets. It will operate as a standalone unit in IDEX's Fluid & Metering Technologies segment. Schlumberger Ltd. (NYSE: SLB) announced first-quarter earnings of 96 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. , eclipsing the consensus by 6.7% and easily surpassing the year-ago result. Revenue advanced to $5.46 billion from $4.24 billion. The oilfield services company is scheduled to report second-quarter results later this month. Schlumberger is a Zacks #2 Rank company with earnings estimates for this year that have improved almost 4% over the past three months. The company remains one of the All Stars' favorite names in the industry. 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 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 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! 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In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends but does not reflect advisory fees. An investor cannot invest directly in an index. 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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