Zacks Ranks Accredited 'Strong Buy'

Accredited Home Lenders Holding Co., San Diego, has received a "#1 (Strong Buy)" ranking from Zacks.com, Chicago.The ranking is based on the expectation that its full-year 2005 earnings will be $6.90, according to Zacks. Accredited issued this guidance in November based on continued growth of its on-balance-sheet portfolio, combined with the strength and growth of its nonprime origination platform. Zacks noted that Accredited had earnings of $1.66 per share for the third quarter of 2004, exceeding analysts' consensus by approximately 3.75%.

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