Zacks Brokerage Buy List: Bank of America, Citigroup, GE and JPMorgan Chase & Co.

Today 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: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), GE (NYSE: GE) and JPMorgan Chase & Co. (NYSE: JPM). View the entire list of stocks on the Brokerage Buy List at

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

Bank of America Corporation (NYSE: BAC) recently posted second quarter earnings per share of $1.22, excluding items, which topped the consensus by almost 11%. Revenue advanced 25% year over year, while pro forma revenue, which includes MBNA's second quarter 2005 results, increased 6%. Bank of America stated that year-over-year improvement was fueled by a strong performance across the consumer businesses, continued growth in trading account profits, investment banking income and equity investment gains, along with improvements in asset management categories. The company remains a large-cap stock to own for the long term with three of the leading brokerages.

Citigroup Inc. (NYSE: C) reported second quarter earnings per share of $1.05 earlier this week, which fell short of the consensus. Nevertheless, the result still improved on a year-over-year basis, and the global financial services giant remains a stock to own with three of the top brokerage firms. Revenues increased 10% to $22.18 billion. One of the highlights in the quarter included its second-highest corporate and investment banking revenues, which increased 31%, while income advanced 26%.

GE (NYSE: GE) is a stock to own for the long term with as many as five of the leading brokerage firms. For its second quarter, earnings per share reached 47 cents from continuing operations on revenues of $39.9 billion. The earnings result matched the consensus and improved upon the previous year's 44 cents. Meanwhile, revenues advanced 9%. Organic revenue growth was 8%, while total orders were up 17%. For the third quarter, GE expects double-digit segment profit growth in five of its six businesses and earnings per share from continuing operations growth of 12% to 16%.

JPMorgan Chase & Co. (NYSE: JPM) posted record earnings in the second quarter due to positive momentum across the firm, with almost all of its businesses generating growth in key production metrics and volumes. Earnings per share advanced handily year over year and beat the consensus, while revenue increased 19% to $14.9 billion. Some highlights in the quarter included record fees in its Investment Bank and continued progress in the Corporate segment. The company remains a large-cap stock to own for the long term with three top brokerages.

To discover all the other profitable stock portfolios at, use this link:

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

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros

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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