All Star Analysts Portfolio highlights: Diamond Offshore Drilling, Hersha Hospitality Trust, Rowan Cos. and Starwood Hotels & Resorts.CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Diamond Offshore Drilling Diamond Offshore Drilling, Inc. is a deepwater drilling contractor which provides drilling services to the energy industry. The company's headquarters are located in Houston, Texas, but they have offices in Louisiana, Africa, Australia, Brazil, Indonesia, Scotland, Singapore, and , Inc. (NYSE NYSE See: New York Stock Exchange : DO), Hersha Hospitality Trust (AMEX AMEX See: American Stock Exchange : HT), 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 ) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT). 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: Diamond Offshore Drilling, Inc. (NYSE: DO) reported second-quarter earnings per share of $1.81 on revenue of $648.9 million. A year ago, the contract drilling services company announced EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. of $1.27 on revenue of $512.2 million. The earnings result also marked a positive surprise of approximately 3.4% over the consensus. Diamond Offshore Drilling stated that the international markets for its floater Floater A bond or other type of debt whose coupon rate changes with market conditions (short-term interest rates). Also known as "floating-rate debt". Notes: For example, a floater bond may have the coupon rate set at "T-bill rate plus 0.5%". and jack-up equipment remained strong through the quarter, leading to four of its semisubmersibles receiving commitments into the early part of the next decade and a new term commitment for one of its jack-up rigs. The company remains a member of the All Star Analyst Portfolio. Hersha Hospitality Trust (AMEX: HT) announced solid second-quarter results earlier this week, including adjusted funds from operations Funds From Operations (FFO) Used by real estate and other investment trusts to define the cash flow from trust operations; earnings with depreciation and amortization added back. of 42 cents that advanced 20% year over year. It also surpassed expectations. Furthermore, consolidated revenue per available room (RevPAR) increased by approximately 17%. Hersha Hospitality Trust also updated its full year financial guidance and now expects adjusted funds from operations between $1.16 and $1.18, compared to its prior guidance of between $1.14 and $1.18. The self-advised real estate investment trust is a recent addition to the All Star Analyst Portfolio. Rowan Companies, Inc. (NYSE: RDC) reported second quarter results earlier this month, which included revenue growth of approximately 32% year over year to $507 million, compared to $382.9 million. Earnings per share also advanced from the previous year and inched past the consensus. The company said it is proud of the continuing progress made by its manufacturing businesses in expanding product lines, growing external revenues and improving profitability. Rowan Companies, which remains on the All Star Analyst Portfolio, is a major provider of international and domestic contract drilling services. Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced, during its second-quarter report, that it expects full year earnings per share, before items, of $2.78, which was above analyst expectations at the time. The company remains one of the All Stars' favorite hotels companies. For the quarter, Starwood reported 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 , excluding special items, of 82 cents, which beat the consensus by as much as 30% and surpassed the year-ago result of 74 cents. Furthermore, worldwide systemwide revenue per available room (RevPAR) was up 8.4%. 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. 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The S&P 500 Index assumes 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 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 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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