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All Star Analysts Portfolio highlights: Capital One Financial, EMC Corporation, IBM and QUALCOMM.


CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Capital One Financial Corporation (NYSE NYSE

See: New York Stock Exchange
:COF), EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA.  (NYSE:EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. ), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  (NYSE:IBM) and QUALCOMM 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
:QCOM QCOM Qualcomm, Inc. (stock symbol) ). 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 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. In 2003 this portfolio gained 46.6% nearly doubling the rise of the S&P 500. Here is a synopsis of why these stocks are in the All Star Analysts Portfolio:

Capital One Financial Corporation (NYSE:COF) recently attributed a strong second quarter performance to the continued strength of its diversified consumer 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.
 company. Earnings per share reached $2.03 for the quarter, which was a positive earnings surprise of almost 17%. The result also improved on a year-over-year basis from $1.65. COF said it delivered solid credit quality, loan growth, and profitability while planning for the acquisition of Hibernia and integrating its new auto and home loan businesses. The company said it remains on track to deliver earnings per share between $6.60 and $7 in 2005, and expects the Hibernia acquisition to close on September 1, 2005. Capital One Financial remains on the lists of several All Star Analysts.

EMC Corporation (NYSE:EMC) disappointed some with its third-quarter forecast, despite a solid second quarter, but the world's leading information storage and management company remains a top pick with several All Stars. For its second quarter, EMC posted earnings per share of 12 cents on total consolidated revenue of $2.34 billion. The earnings result matched the consensus and topped last year's eight cents, while revenue jumped 19%. The quarter marked the 8th straight with double-digit revenue growth. EMC said the quarter's growth was driven by its market-leading mid-tier storage systems, increasingly popular virtual infrastructure software from its VMware subsidiary, and an expanding services business.

IBM (NYSE:IBM) rebounded from a tough first quarter with a solid-second quarter performance. Earnings per share of $1.12 topped the consensus by almost 8%. Total revenue of $22.3 billion was down 4% from the prior year, but up 6% without the impact of the divested PC business. IBM stated that it made several strategic and important transitions in the quarter. Those transitions included seamlessly moving its PC business to Lenovo, implementation of a streamlined management system in Europe, and the restructuring of important parts for future growth. Several All Stars are impressed with the company's turnaround and continue to keep Big Blue high on their lists.

QUALCOMM Inc. (NASDAQ:QCOM) not only put together a strong fiscal third quarter, but also increased its fiscal year earnings projections. The company recently posted pro forma earnings pro forma earnings

Income not necessarily calculated in accordance with generally accepted accounting principles. For example, a company might report pro forma earnings that exclude depreciation expense and nonrecurring expenses such as restructuring costs.
 per share of 28 cents, which marked a positive surprise of 12%. Revenues rose year-over-year to $1.36 billion. QUALCOMM stated that volume shipments of WCDMA (Wideband CDMA) A 3G high-speed digital data service provided by cellular carriers that use the TDMA or GSM technology worldwide, including AT&T (formerly Cingular) and T-Mobile in the U.S.  and 1xEV-DO MSMs have increased substantially year-over-year and sequentially and the company looks forward to further increases in the quarters ahead.

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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register for a free subscription to the Profit from the Pros newsletter at 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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 27, 2005
Words:963
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