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Zacks Buy List Highlights: D.R. Horton, Inc., Grant Prideco, Inc., Pulte Homes, and Rowan Companies, Inc.

Publication: Business Wire
Publication Date: 18-AUG-05
Format: Online - approximately 1009 words
Delivery: Immediate Online Access

Article Excerpt
CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Rank (Strong Buy) List. The #1 Rank stocks highlighted today are D.R. Horton, Inc. (NYSE:DHI) and Grant Prideco, Inc. (NYSE:GRP). Further, Zacks announced #2 Rankings (Buy) on two other widely held stocks: Pulte Homes (NYSE:PHM) and Rowan Companies, Inc. (NYSE:RDC). To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: http://at.zacks.com/?id=88

Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +33% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled 37.6%.

Here is a synopsis of why DHI and GRP have a Zacks Rank of 1. Note that a #1 Strong Buy rating is applied to only 5% of all the stocks Zacks ranks:

D.R. Horton, Inc. (NYSE:DHI) recently...

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