We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Top Stock Reports for Cisco, Dominion Energy and Petrobras
Read MoreHide Full Article
Friday, November 17, 2017
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Cisco (CSCO - Free Report) , Dominion Energy (D - Free Report) and Petrobras (PBR - Free Report) . These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Cisco’s shares have outperformed the Zacks Networking industry on a year to date basis, gaining +18.7% vs. +17.2%. The company’s results have been negatively impacted by weak switching and router revenues. Top-line continues to hurt by intense competition from several smaller players and challenges in the emerging markets.
However, acquisitions contributed strongly to top-line growth. Management provided positive top-line guidance for second-quarter fiscal 2018 based on order strength and improving traction of the subscription-based model. The Zacks analyst thinks the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity.
Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive, in our view. The company's recently announced collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. The planned acquisition of Broadsoft will boost company's recurring revenue base.
Shares of Dominion Energy have gained +4.1% over the last three months, outperforming the Zacks Electric Power industry, which has increased 2.9% over the same period. The company reported mixed results in the third quarter, with earnings topping expectations but total revenues lagged the same. Dominion Energy is benefiting from its regulated growth projects and synergies from Questar acquisition. Dominion’s Greensville County Power Station and Cove Point Liquefaction project are proceeding on time and budget and are likely to boost the company’s performance over the long term.
The company’s expansion of electric transmission, natural gas facilities and midstream assets are strong positives. However, Dominion Energy’s near term prospects and earnings will be adversely impacted due to lower solar investment tax credit, higher PJM electric capacity expenses and lower earnings from Cove Point due to the roll off of one of its import contracts.
Petrobras' shares have outperformed the Zacks Emerging Markets Integrated Oil industry over the last one year, gaining +14.3% vs. +9.1%. Petrobras is poised to benefit from Brazil’s economic growth and huge pre-salt oil reserves. The Zacks analyst likes the company’s strong pipeline of development projects and impressive exploration successes.
Petrobras’ focus on cost improvement measures and divestment of non-core assets will help it revive its financial health. However, though the company is making successful efforts to trim its massive debt loads, it still has a leverage of 53% which is cause for concern.
Petrobras ADRs continue to struggle, reflecting lingering issues pertaining to the money-laundering scandal that has scarred its credit metrics. Therefore, we take cautious stance on the prospects of the stock.
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Top Stock Reports for Cisco, Dominion Energy and Petrobras
Friday, November 17, 2017
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Cisco (CSCO - Free Report) , Dominion Energy (D - Free Report) and Petrobras (PBR - Free Report) . These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Cisco’s shares have outperformed the Zacks Networking industry on a year to date basis, gaining +18.7% vs. +17.2%. The company’s results have been negatively impacted by weak switching and router revenues. Top-line continues to hurt by intense competition from several smaller players and challenges in the emerging markets.
However, acquisitions contributed strongly to top-line growth. Management provided positive top-line guidance for second-quarter fiscal 2018 based on order strength and improving traction of the subscription-based model. The Zacks analyst thinks the company’s expanding footprint in the rapidly growing security market presents significant growth opportunity.
Additionally, partnerships with Telenor, Apple, IBM and Microsoft are positive, in our view. The company's recently announced collaboration with Google Cloud to offer hybrid cloud solution is a key catalyst. The planned acquisition of Broadsoft will boost company's recurring revenue base.
(You can read the full research report on Cisco here >>>).
Shares of Dominion Energy have gained +4.1% over the last three months, outperforming the Zacks Electric Power industry, which has increased 2.9% over the same period. The company reported mixed results in the third quarter, with earnings topping expectations but total revenues lagged the same. Dominion Energy is benefiting from its regulated growth projects and synergies from Questar acquisition. Dominion’s Greensville County Power Station and Cove Point Liquefaction project are proceeding on time and budget and are likely to boost the company’s performance over the long term.
The company’s expansion of electric transmission, natural gas facilities and midstream assets are strong positives. However, Dominion Energy’s near term prospects and earnings will be adversely impacted due to lower solar investment tax credit, higher PJM electric capacity expenses and lower earnings from Cove Point due to the roll off of one of its import contracts.
(You can read the full research report on Dominion Energy here >>>).
Petrobras' shares have outperformed the Zacks Emerging Markets Integrated Oil industry over the last one year, gaining +14.3% vs. +9.1%. Petrobras is poised to benefit from Brazil’s economic growth and huge pre-salt oil reserves. The Zacks analyst likes the company’s strong pipeline of development projects and impressive exploration successes.
Petrobras’ focus on cost improvement measures and divestment of non-core assets will help it revive its financial health. However, though the company is making successful efforts to trim its massive debt loads, it still has a leverage of 53% which is cause for concern.
Petrobras ADRs continue to struggle, reflecting lingering issues pertaining to the money-laundering scandal that has scarred its credit metrics. Therefore, we take cautious stance on the prospects of the stock.
(You can read the full research report on Petrobras here >>>).
Other noteworthy reports we are featuring today include Chevron (CVX - Free Report) , Progressive (PGR - Free Report) and KLA-Tencor (KLAC - Free Report) .
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>