TheStreet.com Ratings: Top 10 Large-Cap Stocks

Garmin, Vulcan Materials and Allegheny Technologies lead this week's list of top-rated stocks.
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Each weekday, TheStreet.com Ratings compiles a list of the top 10 stocks in five categories -- fast-growth, all-around value, large-cap, mid-cap and small-cap -- and publishes these lists in the

Ratings section of our Web site

This list, updated daily, is based on data from the close of the previous trading session. Today, we look at large-cap stocks. These are stocks of companies with market capitalizations of over $10 billion that rank near the top of all stocks rated by our proprietary quantitative model, which looks at more than 62 factors.

In addition, the stocks must be followed by at least one financial analyst who posts estimates on the Institutional Brokers' Estimate System. The stocks are ordered by their potential to appreciate.

Today begins with

Garmin

(GRMN) - Get Report

, which makes navigation, communications and information devices based on GPS technology. It has been rated a buy since March 2005. The company has shown stellar revenue growth, notable return on equity, a two-year pattern of steady EPS growth and a minuscule debt-to-equity ratio.

Though no company is perfect, we do not currently see any weaknesses that are likely to detract from the generally rosy outlook.

Vulcan Materials

(VMC) - Get Report

produces, distributes and sells construction aggregates, asphalt and ready-mixed concrete. It has been rated a buy since August 2006. The company has shown a pattern of EPS growth, improved return on equity, increases in net operating cash flow, revenue growth and a strong gross profit margin.

While Vulcan may show a few minor shortcomings, none are likely to have a significant impact on results.

Allegheny Technologies

(ATI) - Get Report

has been rated a buy since July 2005. The company produces specialty materials, including super stainless steel, nickel-based and cobalt-based alloys and other metals. The company displayed strong top-line performance, increased margins, sustained bottom-line expansion and reasonable debt levels.

Allegheny's future performance relies on continued growth opportunities for specialty metals from key markets, sustained cost reductions and the cost of raw material for key metals. Risks include an expected slowdown in demand for stainless products due to record-high nickel costs.

Hotelier

Marriott

(MAR) - Get Report

has earned a buy rating since March 2005. The company's strengths include solid stock price performance, increased net operating cash flow and a low debt-to-equity ratio.

These strengths outweigh the company's subpar net income growth.

Department store retailer

Nordstrom

(JWN) - Get Report

has had a buy rating since March 2005. Positives include steady revenue growth, a notable return on equity, a very low debt-to-equity ratio, increased net operating cash flow and expanding profit margins.

Though no company is flawless, we do not currently see any major weaknesses that are likely to detract from its largely positive outlook.

Defense contractor Lockheed Martin

(LMT) - Get Report

has had a buy rating since March 2005, thanks to impressive EPS growth, solid stock price performance, notable return on equity and good cash flow from operations.

These strengths outweigh the company's low profit margins.

Prologis

(PLD) - Get Report

is a real estate investment trust that owns, manages and is developing 2,340 properties in North America, Europe and Asia. The company has warranted a buy rating since February 2005. Its strengths include robust revenue growth, impressive stock price performance, a two-year pattern of EPS growth and significantly improved net income.

These strengths outweigh the company's weak operating cash flow.

Rated a buy since March 2005, aerospace and defense contractor

Raytheon

(RTN) - Get Report

has been rated a buy since February 2005. Among the company's strengths are solid net income growth and a reliable pattern of EPS improvement over the past two years.

These strengths outweigh the company's low profit margins.

Oil and gas drilling contractor

GlobalSantaFe

(GSF)

has been rated a buy since March 2005. Among its impressive financial performance are stellar revenue growth, very low debt-to-equity ratio, a steady pattern of notable EPS growth and expanding profit margins.

Though the company has a few minor flaws, TheStreet.com Ratings feel they are unlikely to have a significant impact on results.

Electricity producer and retailer

Entergy

(ETR) - Get Report

has been rated a buy since March 2005. The company has exhibited impressive EPS growth over the past 24 months, gains in net income that outpace its industry and improved return on equity.

These strengths outweigh the company's generally poor debt management according to most measures considered by TheStreet.com Ratings.