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All Star Analysts Portfolio highlights: American Capital Strategies, GlobalSantaFe, PPD and Rowan Companies.


CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include American Capital Strategies Ltd. (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
:ACAS ACAS Cardiology A clinical trial–Asymptomatic Carotid Atherosclerosis Study which evaluated the 5-yr risk of fatal and non-fatal stroke-primary outcome in Pts with asymptomatic but severe carotid atherosclerosis. See Carotid stenosis. ), GlobalSantaFe Corporation GlobalSantaFe Corporation (NYSE:GSF ) is an offshore oil and gas drilling contractor, owning or operating a fleet of 59 marine drilling rigs. With its principal executive offices in Houston, Texas, GlobalSantaFe is one of the largest international drilling contractors, providing  (NYSE NYSE

See: New York Stock Exchange
:GSF GSF Gross Square Feet (architectural design and construction)
GSF Genoa Social Forum (umbrella anti-G8 group)
GSF GameSpy Forums
GSF Government Superannuation Fund (New Zealand) 
), PPD (1) (Parallel Presence Detect) The method used by earlier SIMM memory modules to communicate their capacity to the computer. A binary number coming from a parallel set of pins was read by the system, with each pin representing one bit. Contrast with SPD. , Inc. (NASDAQ:PPDI) and Rowan Companies Rowan Companies, Inc. (NYSE: RDC), founded in 1923 and based in Houston, Texas, is an S&P 500 company which provides contract oil well drilling services and rigs, and manufactures equipment for drilling as well as for mining and timber industries. , Inc. (NYSE:RDC RDC Republique Democratique du Congo (French)
RDC Rez de Chaussee (French: Ground Floor)
RDC Red Deer College
RDC Remote Desktop Connection (Microsoft)
RDC Rowan Companies, Inc
). 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 11.63%, exceeding the S&P 500. Here is a synopsis of why these stocks are in the All Star Analysts Portfolio:

American Capital Strategies Ltd. (NASDAQ:ACAS) announced, earlier this month, that net operating income Operating Income

The profit realized from a business' own operations.

Notes:
This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit.
 improved year-over-year to 77 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.
 in its first quarter, which is typically its lowest performing quarter of the year. The company said the results place it on plan to achieve its annual goals. In addition, American Capital Strategies' Board of Directors declared a second quarter regular dividend of 82 cents per share to record holders as of May 30, 2006 payable on Jul 5, 2006. That marks a rise of 9% over the regular dividend in the second quarter 2005.

GlobalSantaFe Corporation (NYSE:GSF) began 2006 on a strong note with record quarterly revenues and the highest average dayrates in its history. First-quarter earnings per share reached 65 cents on revenues of $679.4 million. That earnings result compared to 21 cents a year-earlier and surpassed the consensus by more than 3%, while revenues advanced from $488.6 million. As of the quarterly report, the company had repurchased $348.1 million of its shares, as part of a $2 billion repurchase plan announced in March. GlobalSantaFe said it is poised for a year of record revenues and earnings, and several All Star Analysts agree.

PPD, Inc. (NASDAQ:PPDI) is a leading global contract research organization providing discovery, development and post-approval services as well as compound partnering programs. In mid-April, the company posted net revenue of $299.4 million for the first quarter, marking an increased of 22.7% from net revenue of $244.1 million in the first quarter of 2005. This quarter has historically been light for PPD, but the company said it nonetheless delivered its second largest quarter of gross and net new business on record, along with year-over-year margin expansion in the development segment. The company remains a favorite among the All Star Analysts.

Rowan Companies, Inc. (NYSE:RDC) is a major provider of international and domestic contract drilling services, and remains a favorite with the All Star Analysts. In its first quarter report from late April, the company stated that its businesses continue to perform at record levels. For the quarter, earnings per share of 53 cents improved from the same period in 2005, while revenues advanced to $299.8 million from $222.4 million. Rowan expects worldwide demand for competitive jack-ups to continue exceeding the supply, which should allow for future increases in day rates and contract length.

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

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A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
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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 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.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 17, 2006
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