Thursday, September 1, 2016

Today's must-read reports are for Sony (SNE), McDonald’s (MCD) and Nike's (NKE).

McDonald’s shares have not been having a good time of late (the stock is down 2.3% year-to-date) on growth concerns as higher labor costs along with currency headwinds weigh on earnings outlook. But the analyst likes the fact that McDonald’s has turned itself around in the domestic market, mainly driven by its successful all-day Breakfast platform. Notably, the company enjoys moderate growth prospects through its exposure in the under-penetrated international markets. The analyst discusses the pros & cons of investing in McDonald's shares at this stage in the updated research report published today. (You can read the full research report on McDonald’s here>>)

Nike shares have improved over the last few weeks, but the stock has lagged the broader market this year on growing competition in the space from Under Armour and Adidas. While a strong performer from the bottom line perspective, Nike’s top line has been missing estimates for quite some time due to adverse currency movements. Evidently, the company expects lingering currency woes to hurt revenues in first-half fiscal 2017. However, the analyst likes Nike’s customer-centric approach, innovative products and strong portfolio. This, along with the desire for increasing its global footprint, popularity and market share demonstrates its growth appetite. (You can read the full research report on Nike here>>)

Shares of Sony have surged more than 30% year-to-date, on greater appreciation for the company's restructuring activities and cost-reduction initiatives and favorable trends in PS4 hardware and software sales. In addition, Sony’s recent acquisitions, including the TEN Sports Network buy, are expected to drive significant inorganic growth. In the fresh research report issued today, the analyst discusses the case for and against investing in Sony shares, including the potential impact of the Kumamoto earthquake on the company's financials. (You can read the full research report on Sony here.)

Other noteworthy reports we are featuring today include BP plc (BP), Weyerhaeuser (WY) and Hershey (HSE).

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You can find all of today's stock research reports here>>

Sheraz Mian

Director of Research

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