4 Stocks on the Brokerage Buy List with Strong Track Records

Strategic Insights -

The Brokerage Buy List, compiled by Wall Street's top professionals, identifies the best large-cap stocks for long-term investors. Zacks.com recently added four new stocks to this prestigious list, all of which have shown outstanding performance in the past. The four stocks are The Allstate Corporation (NYSE:ALL), American International Group, Inc. (NYSE:AIG), Microsoft Corporation (NASDAQ:MSFT), and PepsiCo, Inc. (NYSE:PEP).

Despite facing challenges in the current market, these companies have demonstrated resilience and growth potential. The Allstate Corporation's business remains healthy, with operating income up 12% compared to the third quarter of 2003. American International Group, Inc. has reported a +35% increase in net income for the quarter, driven by operating profit growth and a lower tax rate. Microsoft Corporation has seen a +12% increase in revenue for the first quarter, with a strong start to the year and continued growth in both commercial and consumer businesses. PepsiCo, Inc. has reported revenue growth of 6% for the quarter, driven by its diversified portfolio of businesses and strong international operations.

These four companies have been selected by at least three top brokerage firms and recommended as core holdings. The Brokerage Buy List has a proven track record, having gained +28.5% in 2003, outperforming the S&P 500.

Key Takeaways:

  • The Allstate Corporation (NYSE:ALL) has reported a 12% increase in operating income compared to the third quarter of 2003, despite facing catastrophe losses.
  • American International Group, Inc. (NYSE:AIG) has seen a +35% increase in net income for the quarter, driven by operating profit growth and a lower tax rate.
  • Microsoft Corporation (NASDAQ:MSFT) has reported a +12% increase in revenue for the first quarter, with a strong start to the year and continued growth in both commercial and consumer businesses.
  • PepsiCo, Inc. (NYSE:PEP) has reported revenue growth of 6% for the quarter, driven by its diversified portfolio of businesses and strong international operations.
  • The Brokerage Buy List has a proven track record, having gained +28.5% in 2003, outperforming the S&P 500.
  • The four stocks on the Brokerage Buy List have been selected by at least three top brokerage firms and recommended as core holdings.

Statistics:

  • The Allstate Corporation's estimated losses from four hurricanes are approximately $1.06 billion after-tax, net of recoveries from the Florida Hurricane Catastrophe Fund.
  • American International Group, Inc.'s net income for the third quarter of 2004 was $2.51 billion, compared to $2.34 billion in the same period of 2003.
  • Microsoft Corporation's revenue for the first quarter of 2005 was $9.19 billion, a +12% increase over revenue for the same period in the prior year.
  • PepsiCo, Inc.'s revenue for the third quarter of 2004 was $7.3 billion, a 6% increase over revenue for the same period in the prior year.
  • The Brokerage Buy List has gained +28.5% in 2003, outperforming the S&P 500.

Sources:

  • Zacks.com, "4 More Stocks Added to the Brokerage Buy List"
  • The Allstate Corporation, "Third Quarter 2004 Earnings Release"
  • American International Group, Inc., "Third Quarter 2004 Earnings Release"
  • Microsoft Corporation, "Fiscal First Quarter 2005 Earnings Release"
  • PepsiCo, Inc., "Third Quarter 2004 Earnings Release"