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Zacks Brokerage Buy List: Abbott, Cisco, CVS Corporation and PepsiCo.

CHICAGO -- Today Zacks.com releases the names of four more stocks that are on their coveted Brokerage Buy List portfolio. This portfolio includes just those stocks that currently appear on the core recommended lists of at least three of the top 14 brokerage firms. These stocks are considered the best large-cap stocks to own for the long-term according to Wall Street's top players. Since January 2003, this portfolio has generated an annualized double-digit return. Here are four stocks that are currently members of this prestigious list: Abbott (NYSE:ABT), Cisco Systems, Inc. (NASDAQ:CSCO), CVS Corporation (NYSE:CVS) and PepsiCo (NYSE:PEP). View the entire list of stocks on the Brokerage Buy List at http://at.zacks.com/?id=139

Here are explanations as to why these stocks are on the Brokerage Buy List:

Abbott (NYSE:ABT), the broad-based pharmaceutical and medical products company, recently announced that the U.S. FDA approved HUMIRA(R) for reducing signs and symptoms of active arthritis in patients with psoriatic arthritis. Psoriatic arthritis combines skin symptoms with arthritis symptoms, which can be a progressively disabling disease if left untreated. Abbott, which remains a large-cap pick for the long-term by six of the leading brokerages, will report its third-quarter results on October 19. In July, the company posted second-quarter earnings per share of 58 cents, excluding items, which improved from 54 cents year-over-year and topped the consensus by almost 2%. Worldwide sales jumped 17.5% to $5.52 billion.

Cisco Systems, Inc. (NASDAQ:CSCO) has been active on the acquisition front and on September 30 announced an agreement to acquire Nemo Systems, a privately-held company. Nemo Systems has developed leading-edge technology in the network memory space that will offer enhanced performance on Cisco's core switching platforms and service modules. Cisco will pay up to $12.5 million in cash. Cisco is a favorite with six of the leading brokerage firms. In August, the company reported fiscal fourth-quarter pro forma earnings per share of 25 cents, compared to 21 cents a year earlier. Sales reached $6.6 billion, marking gains of 11.1% and 6.4% on a year-over-year and sequential basis respectively. Cisco said its "home run" during the quarter was the continued balance across geographies, architectural evolutions, product families and market segments, with the commercial and enterprise segments bringing in top results.

CVS Corporation (NYSE:CVS) recently announced that same-store sales for September increased 5.7%, including an increase of 5.6% for pharmacy same-store sales and 5.9% for front-end same-store sales. Total sales for the month advanced 7.3% to $3.5 billion, compared to $3.3 billion last year. CVS Corporation narrowed its third quarter earning guidance to between 29-30 cents, instead of 29-31 cents. Nevertheless, CVS Corporation remains one of the best large-cap stocks to own for the long-term by three of leading brokerages.

PepsiCo (NYSE:PEP) recently posted third quarter earnings per share of 78 cents, excluding items, which marked a year-over-year advance of approximately 18%. Revenue advanced 13% to $8.18 billion from $7.26 billion. During the quarter, worldwide snacks volume advanced 4.5% and worldwide beverage volume increased 10%. PepsiCo will feel an impact from the hurricanes, but nonetheless is encouraged by momentum of its businesses looking toward the fourth quarter. In fact, the company believes it will exceed its previously stated 2005 operating and financial objectives. PepsiCo is a favorite for the long-term with five of the top brokerages.

To discover all the other profitable stock portfolios at Zacks.com, use this link: http://at.zacks.com/?id=140

About Zacks Brokerage Buy List

Zacks has developed many successful ways for individual investors to profit from the stock picking prowess of Wall Street professionals. The Brokerage Buy List is yet another powerful tool that investors can wield in order to improve their investment results. This portfolio is comprised of the core stocks recommended by at least three of the Top 14 brokerage firms. These are the kind of large cap stocks that are best for long- term investors. Since January 2003, this portfolio has generated an annualized double-digit return. To learn more about the Brokerage Buy List, go to http://at.zacks.com/?id=141

About Zacks

Zacks.com is a property of Zacks Investment Research, 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 the Profit from the Pros newsletter at http://at.zacks.com/?id=142

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. The S&P 500 includes the reinvestment of all dividends, no transaction costs, 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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Publication:Business Wire
Geographic Code:1USA
Date:Oct 7, 2005
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