All Star Analysts Portfolio Highlights: Bank of America, Rowan Companies, Target Corporation and Wachovia Corporation just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Bank of America Corporation (NYSE:BAC), Rowan Companies, Inc. (NYSE:RDC), Target Corporation (NYSE:TGT) and Wachovia Corporation (NYSE:WB). View the entire list of stocks on the All Star Analyst portfolio at

This exclusive portfolio represents all stocks with a Strong Buy rating from at least four analysts with a 5-Star All Star ranking. These are the brokerage analysts whose stock recommendations proved to be the most profitable for investors. Since July 2002, this portfolio has generated an annualized return of 11.63%, exceeding the S&P 500. Here is a synopsis of why these stocks are in the All Star Analysts Portfolio:

Bank of America Corporation (NYSE:BAC) will report its second quarter results next month. In late April, the company posted a solid start to the year thanks to strong momentum in all of its businesses. First quarter earnings per share, excluding items, of $1.08 marked a positive surprise of approximately 8% over Wall Street expectations. Revenue rose to $17.94 billion from $13.74 billion year over year. Bank of America said benefits from continued execution in its consumer businesses were accompanied by a rebound in trading and good performance in investment banking and wealth management. The company is one of the All Stars' favorite names in the industry.

Rowan Companies, Inc. (NYSE:RDC) is a major provider of international and domestic contract drilling services, and remains a favorite with the All Star Analysts. The company will report its second quarter numbers on July 25. In late April, Rowan posted first quarter earnings per share of 53 cents, which improved from the same period in 2005, while revenues advanced to $299.8 million from $222.4 million. The company said its businesses continue to perform at record levels and it expects further improvement in the months ahead.

Target Corporation (NYSE:TGT) now expects same-store sales for June at the upper half of its 3% to 5% range. Target will report June sales next week. Early this month, the company announced a same-store sales rise of 5.7% for May, which was in line with its expectations. Total sales in the month advanced 12.3% to approximately $3.93 billion from $3.5 billion a year earlier.

Wachovia Corporation (NYSE:WB) announced, in mid-April, first quarter earnings per share, excluding merger-related expenses, of $1.12. The result advanced year over year from $1.03. The company generated record revenue of $7.06 billion due to strong results in both its traditional banking and market-sensitive businesses. Revenue advanced 9% from $6.47 billion. Wachovia said it continued to see excellent sales production, top-notch customer service and market share gains throughout its businesses. It is also gaining leverage from improving efficiency. Wachovia plans to announce its second quarter results on July 20.

Discover all the current All Star Analyst rankings and top analyst recommendations at

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To learn which brokerage analysts are the best in their field and what stocks they're recommending today, see the Zacks All Star Analyst survey. This exclusive survey, created with Fortune Magazine, reveals the "Best-of-Breed" brokerage analysts. They are the select group of winners from the universe of brokerage analysts - the ones who consistently beat the street - the few you should be following now. Visit the Zacks All Star Survey to find the best analysts and their top stock recommendations at

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