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Zacks.com Releases Brokerage Buy List Portfolio, Highlighting Top Stocks for Long-Term Growth

Strategic Insights

— 1 min read

Investors looking for top-performing stocks with strong potential for long-term growth can turn to the Brokerage Buy List, a portfolio of high-quality stocks recommended by top brokerage firms. The current list includes four stocks: Abbott Laboratories (NYSE:ABT), Anheuser Busch Companies Inc. (NYSE:BUD), Dell Computer Corp. (Nasdaq:DELL), and Wal-Mart Stores, Inc. (NYSE:WMT). These stocks have shown impressive performance in recent quarters and are expected to continue growing in the future.

Key Takeaways:

  • Abbott Laboratories (NYSE:ABT) has reported a +10.2% increase in worldwide sales in the third quarter, despite increased competition from generics. The company is expected to achieve strong and balanced growth, with six brokerage firms listing it on their Focus Lists.
  • Anheuser Busch Companies Inc. (NYSE:BUD) has reported a +3% increase in profits in the third quarter, driven by higher international sales and the acquisition of Harbin Brewer Group. The company expects full-year earnings per share growth of +10% to +11% in 2004.
  • Dell Computer Corp. (NASDAQ:DELL) has reported a record revenue of $12.5 billion in the third quarter, with earnings per share up +27% to 33 cents. The company is expected to continue growing in the future, with several top brokerage firms listing it as a Core Holding.
  • Wal-Mart Stores, Inc. (NYSE:WMT) has reported a +9.7% increase in net sales in the third quarter, with diluted earnings per share from continuing operations up to 54 cents. The company is expected to continue its momentum, with several top firms recommending it on their Focus Lists.

Statistics:

  • Abbott Laboratories (NYSE: ABT) reported a +10.2% increase in worldwide sales in the third quarter of 2003.
  • Anheuser Busch Companies Inc. (NYSE: BUD) reported a +3% increase in profits in the third quarter, driven by higher international sales and the acquisition of Harbin Brewer Group.
  • Dell Computer Corp. (NASDAQ: DELL) reported a record revenue of $12.5 billion in the third quarter, with earnings per share up +27% to 33 cents.
  • Wal-Mart Stores, Inc. (NYSE: WMT) reported a +9.7% increase in net sales in the third quarter, with diluted earnings per share from continuing operations up to 54 cents.

Sources:

  • Zacks.com
  • "Profit from the Pros" weekly e-mail newsletter
  • "The Brokerage Buy List" portfolio
  • Standard and Poor's S&P 500 Index
  • Zacks Investment Research, Inc.

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