All Star Analysts Portfolio highlights: AMETEK, Bank of New York, GE and United Technologies.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. ), The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. Company, Inc. (NYSE:BK), GE (NYSE:GE) and United Technologies Corporation (NYSE:UTX UTX United Technologies Corporation (stock abbreviation, AMEX) UTX Unreal Texture (a texture pack for Unreal-engine games) UTX Unit Training Exercise UTX Under Track Crossing ). 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 12.92%, exceeding the S&P 500 by a margin of more than 50%. Here is a synopsis of why these stocks are in the All Star Analysts Portfolio: AMETEK, Inc. (NYSE:AME) is a leading global manufacturer of electronic instruments and electric motors. Last week, AMETEK reported better-than-expected first quarter results. Earnings per share of 57 cents beat the analysts' consensus by approximately 7.5% while sales of $423.9 million advanced 27% year-over-year. Based on the quarter's results, and the expectation of continued strength in its markets, AMETEK raised its earnings per share range for 2006. The company now expects between $2.30 and $2.35, which would mark an increase of 19% to 21% over that of 2005. The company, which remains a favorite among the All Stars, also expects second quarter earnings per share to increase 16% to 20% year-over-year. The Bank of New York Company, Inc. (NYSE:BK) recently reported first quarter earnings per share of 55 cents, which was up 12% from 49 cents last year and ahead of the consensus by almost 2%. One of the highlights in the quarter was securities servicing fees, which improved 11% thanks to a strong performance in issuer services, broker-dealer services, and execution and clearing services. The company remains one of the All Stars' favorite names in the industry. Earlier in the month, Bank of New York announced a definitive agreement with JP Morgan Chase to acquire its corporate trust business, while JP Morgan Chase will acquire the company's retail banking and regional middle-market businesses. The agreement will strengthen Bank of New York's leadership position in corporate trust in the U.S. and internationally. GE (NYSE:GE), which remains a favorite among the All Star analysts, recently posted a strong first quarter with earnings 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 39 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 revenues of $37.8 billion. That earnings result matched the consensus while revenues advanced 10% year-over-year. Organic revenue grew 9%. In fact, the company announced that five of GE's six businesses put together double-digit earnings growth, while orders were strong across the board, rising 33%. GE said it is well positioned moving forward, and reaffirmed its 2006 earnings from continuing operations guidance of between $1.94 and $2.02. That would mark an advance of 13% to 17% over 2005. United Technologies Corporation (NYSE:UTX) is a diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a that provides a broad range of high technology products and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to the building systems and aerospace industries. Earlier this month, United Technology posted first quarter earnings of 76 cents per share, which topped the consensus forecast by more than 5.5% and also advanced from the year-earlier performance. Consolidated revenue reached $10.6 billion, marking a 13% year-over-year advance. Because of the strong start to the year, United Technologies felt comfortable enough to raise its earnings outlook for 2006 to between $3.50 and $3.60. The prior forecast was for earnings of $3.40 to $3.55. 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 Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. 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 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 solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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