Zacks Buy List Highlights: Investors Financial Services, Scientific-Atlanta, Becton, Dickinson and Company, and L-3 Communications.Business Editors CHICAGO--(BUSINESS WIRE)--Feb. 11, 2004 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 which has produced an average annual return of +33.7% since inception in 1988 and has gained +100.3% since January 2000 when the market was in the grips of the worst bear market in 60 years. Among the #1 ranked stocks today we highlight the following companies: Investors 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. Corporation (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 :IFIN IFIN Integrated Farming Information Network ) and Scientific-Atlanta, Inc. (NYSE NYSE See: New York Stock Exchange :SFA See sales force automation. SFA - Sales Force Automation ). Further they announced #2 Rankings (Buy) on two other widely held stocks: Becton, Dickinson and Company (NYSE:BDX BDX Bordeaux (France) BDX Becton-Dickinson and Company (stock symbol) BDX Business Document Exchange BDX Burst Detector X BDX Beacon Data Extractor ) and L-3 Communications
L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and (NYSE:LLL LLL abbr. left lower lobe (of the lung) ). To see the full Zacks #1 Ranked list or the rank for any other stock then visit. http://at.zacks.com/?id=88 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 we rank: Investors Financial Services Corporation (NASDAQ:IFIN) provides services for a variety of financial asset managers including mutual fund complexes, investment advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , banks, and insurance companies. For its fourth quarter, Investors Financial reported diluted earnings of 48 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. , which was +71% better than the year-ago total and +17% on top of the consensus. In addition, net operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. advanced by +18% to $132.9 million. Looking at the full year 2003, Investors Financial stated that new business wins, stronger capital markets and prudent expense management helped to drive growth in revenue and net income. Over the past month, the company's earnings estimates for the year ending December 2004 have moved higher by about 11 cents, or +6%. Investors Financial said that the improving market conditions and the leverage inherent in its business model instills confidence that it can deliver growth in earnings per share of +25% in 2004. Investors Financial appears to be making the most from an improving situation in its industry, and may be able to help improve your financial, and investment universes. Scientific-Atlanta, Inc. (NYSE:SFA) provides its customers with the products and services for advanced communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. which deliver voice, data and video. Scientific-Atlanta recently reported fiscal second quarter earnings of 33 cents per share on sales of $416.6 million. The earnings result beat the year-ago total and came in almost +18% better than the consensus, while sales jumped by +18% year-over-year. Furthermore, second quarter bookings rose by +38% to $460.5 million, while subscriber product bookings jumped by +40% to $346.8 million. The company has enjoyed numerous upward revisions from analysts, which has helped its earnings estimates for the year ending June 2004 to rise by 10 cents, or +9%, over the past month. Scientific-Atlanta went on to state that it remains focused on a strategy to address some of the most significant competitive and technical challenges that it's customers face in delivering video, data, and voice services, and is also focused on extending the capabilities and capacity of their infrastructure. Scientific-Atlanta looks able to improve your connection to higher returns. 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 we rank: Becton, Dickinson and Company (NYSE:BDX) is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. In late January, BDX posted fully diluted earnings of 59 cents per share, excluding a charge, which surpassed the year-ago total and bettered the consensus by more than +25%. Revenues of $1.2 billion improved by +14% year-over-year thanks to favorable foreign currency translation. Excluding such an impact, revenues advanced by +7%. The company said its strong underlying performance was the result of solid revenue growth and continued improvement in operating effectiveness. For the year ending September 2004, analysts have given the company's earnings estimates a boost by about 7 cents, or +3%, over the past month. BDX just may have the prescription to make your portfolio healthy. L-3 Communications (NYSE:LLL) is a merchant supplier of sophisticated secure communication systems and specialized communication products. Earnings estimates for the year ending December 2004 have improved by about 8 cents, or +2%, over the past three months for L-3 Communications, with half of that rise coming within the last month. The company recently posted diluted earnings of 94 cents per share, topped the consensus by more than +2%, on sales that improved to $1.48 billion. L-3 Communication said it had good performance in its secure communications, aircraft modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, , command and control and Intelligence, Surveillance and Reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
To truly take advantage of the Zacks Rank, you need to first understand how it works. That's why we created the free special report; "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions." Download your 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 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 +33.7% compared to the (a)S&P 500 return of only +12.1%. Plus this exclusive stock list has generated total gains of +100.3% since January 2000 as the market suffered its worst downturn in 60 years. 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 170.3% annually (12.1% vs. 4.5% respectively). Thus, the Zacks Rank system can truly be used to effectively manage the trading in your portfolio. For continuous coverage of Zacks #1 Ranked stocks, then get your free subscription to "Profit from the Pros" e-mail newsletter where we highlight #1 Ranked 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 our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit 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 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 to buy or sell any security. |
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