Zacks.com Features the Following Top Stocks in the Auto & Accessories Industry: General Motors, Navistar, Cummins, Delphi Corp., and Noble Int'l.Business Editors CHICAGO--(BUSINESS WIRE)--Feb. 13, 2004 Get your investment engine running smoothly by cruising with the All Stars and five of their recommendations from the suped-up auto & accessories industry. Here are the top recommendations in the auto & accessories industry: General Motors Corporation (NYSE NYSE See: New York Stock Exchange :GM), Navistar International Navistar International Corporation (Pink Sheets: NAVZ) (formerly International Harvester Company) is a manufacturer of International brand commercial trucks, MaxxForce brand diesel engines, IC Corporation brand school buses, Workhorse brand chassis for motor homes and step vans, (NYSE:NAV See navigation system and navigation bar. ), Cummins, Inc. (NYSE:CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ), Delphi Corporation (NYSE:DPH DPH Diploma in Public Health. DPH abbr. 1. Diploma in Public Health 2. Doctor of Public Health 3. Doctor of Public Hygiene ) and Noble International, 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 :NOBL NOBL New Outer Blanket Layer ). Discover the full story at Zacks.com http://at.zacks.com/?id=96 What Do The All Stars Recommend: General Motors Corporation (NYSE:GM) designs, manufactures, and markets automotive vehicles. For its fourth quarter, General Motors posted adjusted earnings of $1.47 per share, excluding special items and Hughes. The result fell short of the year-ago total but was able to surpass the consensus by about +20%. In addition, revenue rose to $49.1 billion, a +7.7% advance from last year's $45.6 billion. General motors expects global auto-industry sales to rise by approximately +3% this year to a record 60 million vehicles, with United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. vehicle sales of about 17.3 million. The company expects robust industry growth in Asia Pacific with moderate growth in Europe and the LAAM LAAM Latin America LAAM Levo-Alpha Acetyl Methadol LAAM Light Antiaircraft Missile region. Navistar International (NYSE:NAV) is a holding company and its principal operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. is Navistar Int'l Transportation Corp. Navistar operates in three industry segments: truck; engine; and 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. . In January, International Truck and Engine Corporation, the operating company operating company A business that engages in transactions with outsiders. of Navistar, reached an agreement with the United States Postal Service whereby it will deliver more than 1,700 International(R) 4000 Series medium-duty trucks. The trucks will be deployed in 2004 by the Postal Service as the newest additions to its fleet of cargo vans. Navistar is scheduled to report its first quarter numbers on February 23rd. In early December, the company reported earnings of 72 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. , excluding items, which beat the consensus by a penny on flat revenues of $2 billion. Cummins, Inc. (NYSE:CMI), a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. For its fourth quarter, Cummins reported net earnings, before items, of $1.07 on sales of $1.74 billion. The earnings result was about +7% better than the consensus while sales rose from $1.41 billion year-over-year. Momentum started gathering in the second half of the year, as all of its businesses generating profit, due mainly to increased sales in most of its markets and ongoing cost-reduction efforts. Cummins received significant orders from industry-leading truckload carriers and leading companies, including Wal-Mart, Penske Truck Leasing Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A global transportation services provider, Penske operates over 216,000 vehicles and serves customers from more than 1,000 locations in North America, South , and Ryder, among others. Delphi Corporation (NYSE:DPH) is a world supplier of automotive components, integrated systems and modules to the automotive industry. The company has both extensive technical expertise in a broad range of product lines and strong systems integration skills, which enable us to provide comprehensive, systems-based solutions to automotive vehicle manufacturers. In January, Delphi reported net income of 23 cents per share for the fourth quarter, excluding costs, which was at the high end of its prior guidance range and above the consensus by more than +4%. In addition, revenue improved by +4.1% year-over-year to $7.26 billion. The company put special emphasis on its ability to generate operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. of $547 million in the quarter, up +21% from last year, which brought calendar year 2003 operating cash flow to $1.22 billion. Noble International, Ltd. (NASDAQ:NOBL) is a leading supplier of automotive parts, component assemblies and value-added services to the automotive industry. As an automotive supplier, Noble provides design, engineering, manufacturing, complete program management and other services to the automotive market. Noble delivers integrated component solutions, technological leadership and product innovation to original equipment manufacturers (OEMs) and Tier I automotive parts suppliers thereby helping its customers increase their productivity while controlling costs. Earlier this week, Noble attributed its earnings growth for the fourth quarter and full year to a generally favorable automotive production environment, new vehicle programs and its ongoing efforts to improve operating efficiencies. The company reported earnings 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 of 24 cents per share in the quarter, which reversed a year-ago loss, while revenue jumped +65% to $56.1 million. Noble ended 2003 in a better position than at the beginning of the year, and enters 2004 with opportunities that it will work hard to develop. To get our full analysis and top picks for this sector, then click: http://at.zacks.com/?id=97 About Zacks All Star Analyst Survey Do you want to know which brokerage analysts are the best in their field and what stocks they're recommending today? Find out with 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 a field of 5,500 brokerage analysts - the ones who consistently beat the street - the few you should be following. 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