Zacks Buy List Highlights: Emulex Corporation, NCR Corporation, D.R. Horton, Inc. and Urban Outfitters.CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Zacks #1 Ranked list. The #1 ranked stocks highlighted today include the following companies: Emulex Corporation (NYSE NYSE See: New York Stock Exchange :ELX Elx, Spain: see Elche. ) and NCR Corporation (company) NCR Corporation - Electronics company mainly active in the midrange server market. NCR was founded 1884 as National Cash Register Company. It joint the computer industry in th 1950s. (NYSE:NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ). Further they announced #2 Rankings (Buy) on two other widely held stocks: D.R. Horton, Inc. (NYSE:DHI DHI see dairy herd improvement. ) and Urban Outfitters Urban Outfitters, Inc. NASDAQ: URBN owns and operates three retail clothing brands: Urban Outfitters, Anthropologie and Free People. The first store opened in 1970 in Philadelphia, Pennsylvania, focusing on "funky" fashion and household products. , 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 :URBN). To see the full Zacks #1 Ranked list or the rank for any other stock then visit. http://at.zacks.com/?id=88 Stocks ranked #1 (Strong Buys) by Zacks have produced an average annual return of +33.4% since inception in 1988. During the recent Bear market from 2000 through 2002, the Zacks #1 Ranked stocks gained +43.8% while the S&P 500 tumbled -37.6%. Here is a synopsis of why these stocks have a Zacks Rank of 1 (Strong Buy). Note that a #1 Strong Buy rating is applied to 5% of all the stocks Zacks ranks: Emulex Corporation (NYSE:ELX) announced fiscal second quarter non-GAAP earnings of 21 cents per diluted share in mid January, exceeding the consensus by almost +11%. The company noted that second quarter earnings nearly doubled sequentially, reflecting margin improvement achieved on sequentially flat operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. coupled with higher than originally expected sequential revenue growth. Emulex also said that with interest in 4 gigabit and multi-protocol technologies accelerating, it is committed to maximizing the new market opportunities ahead. Earnings estimates for the year ending June 2005 are above levels from two months ago by 6 cents, or about +9%. NCR Corporation (NYSE:NCR) earnings estimates for the year ending December 2005 climbed 11 cents, or approximately +9%, over the past two months. In late January, the company posted fourth quarter earnings per share that beat the consensus by +2% while topping last year's performance. NCR stated that a favorable market environment enabled the company to generate double-digit growth in its three core product segments, which positively leveraged its initiatives to improve its operating model Operating Model is a term that is used in many contexts. In essence an operating model describes how an organization operates across both business and technology domains. The Operating Model describes what is important for the organization. . NCR added that it remains focused on making continued improvements to its operating model, which includes restructuring its customer services business and stimulating revenue growth. Here is a synopsis of why these stocks have a Zacks Rank of 2 (Buy). Note that a #2 Buy rating is applied to 15% of all the stocks ranked by Zacks: D.R. Horton, Inc. (NYSE:DHI) announced that its Board of Directors declared a 4 for 3 stock split in mid-February, and reiterated its fiscal first quarter earnings guidance. The company said it generated double-digit sales order The sales order, sometimes abbreviated as SO, is an order received by a business from a customer. A sales order may be for products and/or services. Given the wide variety of businesses, this means that the orders can be fulfilled in several ways. growth and record first quarter revenues and earnings. D.R. Horton is confident that it will achieve another record year in 2005. Analysts advanced full year 2005 earnings estimates by 7 cents, or almost +2%, over the past 60 trading days. The company will release second quarter results on April 19, 2005. Urban Outfitters, Inc. (NASDAQ:URBN) recently reported fiscal fourth quarter earnings of 38 cents per diluted share, outpacing last year's 22 cents and surpassing the consensus by almost +6%. The company commented that in each quarter this past year, it produced strong double-digit same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of gains while improving margins and leveraging SG&A expenses, adding that February comparable store sales continued to significantly exceed Urban Outfitters' plan. Earnings estimates for the year ending January 2006 increased 5 cents, or approximately +3%, from one month ago. Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report; "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions" Is available free to provide this insightful background. Download a free copy now to prosper in the years to come. http://at.zacks.com/?id=89 About the Zacks Rank For over 15 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988 the #1 Ranked stocks have generated an average annual return of +33.4%. During the recent Bear market from 2000 through 2002, the Zacks #1 Ranked stocks gained +43.8% while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). And since 1988 the S&P 500 has outperformed the Zacks #5 Ranked Strong Sells by 133.5% annually (12.21% vs. 5.23% respectively). Thus, the Zacks Rank system can truly be used to effectively manage the portfolio trading. Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks #1 Ranked stocks highlighting those stocks poised to outperform the market. http://at.zacks.com/?id=90 The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors. 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 work 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 Profit from the Pros http://at.zacks.com/?id=91 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 & Poor's. 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. 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