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 Alphabet, JPMorgan & Comcast
Read MoreHide Full Article
Friday, June 29, 2018
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 Alphabet (GOOGL - Free Report) , JPMorgan (JPM - Free Report) and Comcast (CMCSA - Free Report) . These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Alphabet’s shares have outperformed the Zacks Internet Services industry in the last year (the stock is up +21.2% vs. a +9.1% increase for the industry). The Zacks analyst likes the company's focus on innovation, AI, cloud, home automation space, strategic acquisitions and Android OS. These initiatives should continue to generate strong cash flows.
Alphabet's recent partnership with PayPal will strengthen its presence in the digital payment market. Alphabet has shown good execution to date, more or less maintaining its dominant share in a competitive, fast-growing search market. Its diversification strategy is also positive, but requires significant investment and involves uncertain payback periods, particularly since these efforts are at the cutting edge of technology.
However, the company's increased spending on its consumer gadgets, YouTube video app and cloud computing services remain concerns. Also, increasing litigation issues could continue to impact the company’s profits.
Shares of JPMorgan have outperformed the Zacks Major Regional Banks industry over the past year (+14.8% vs. +6.3%). This price performance is backed by impressive earnings surprise history, with the company surpassing expectations in each of the trailing four quarters.
The bank’s efforts to expand into new markets, focus on card business, higher interest rates and rising loan demand will likely continue to benefit its financials. Also, lower tax rates will aid profitability in the quarters ahead. Further, enhanced capital deployment plan reflects strong balance sheet.
However, fee income growth challenges (mainly due to a slowdown in capital market activities and dismal mortgage banking performance) remains a major concern for the company. Also, litigation hassles make us apprehensive.
Comcast’s shares have underperformed the Zacks Cable Television industry year to date, losing -18.5% vs. -17.4%. The Zacks analyst thinks Comcast is benefiting from an increasing number of high speed internet subscribers. Also, continuing investment on Theme Parks is a tailwind.
The nationwide rollout of wireless services under the Xfinity Mobile brand is expected to expand subscriber base. Moreover, the company’s plan to buy Fox’s assets will significantly expand its content portfolio and international presence. Moreover, acquisition will boost Comcast’s competitive position against the likes of Netflix and Amazon Prime. And the Sky deal is likely to provide synergies worth $500 million.
Estimates have remained stable lately ahead of company's Q2 earnings release. However, the debt level is expected to shoot up due to the higher bid for Fox’s assets and Sky. Moreover, the company continues to lose voice and video subscribers due to cord-cutting and stiff competition, which remains a concern.
Other noteworthy reports we are featuring today include American Express (AXP - Free Report) , PNC Financial (PNC - Free Report) and Micron Technology (MU - Free Report) .
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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 Trendsand 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 Alphabet, JPMorgan & Comcast
Friday, June 29, 2018
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 Alphabet (GOOGL - Free Report) , JPMorgan (JPM - Free Report) and Comcast (CMCSA - 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 >>>
Alphabet’s shares have outperformed the Zacks Internet Services industry in the last year (the stock is up +21.2% vs. a +9.1% increase for the industry). The Zacks analyst likes the company's focus on innovation, AI, cloud, home automation space, strategic acquisitions and Android OS. These initiatives should continue to generate strong cash flows.
Alphabet's recent partnership with PayPal will strengthen its presence in the digital payment market. Alphabet has shown good execution to date, more or less maintaining its dominant share in a competitive, fast-growing search market. Its diversification strategy is also positive, but requires significant investment and involves uncertain payback periods, particularly since these efforts are at the cutting edge of technology.
However, the company's increased spending on its consumer gadgets, YouTube video app and cloud computing services remain concerns. Also, increasing litigation issues could continue to impact the company’s profits.
(You can read the full research report on Alphabet here >>>).
Shares of JPMorgan have outperformed the Zacks Major Regional Banks industry over the past year (+14.8% vs. +6.3%). This price performance is backed by impressive earnings surprise history, with the company surpassing expectations in each of the trailing four quarters.
The bank’s efforts to expand into new markets, focus on card business, higher interest rates and rising loan demand will likely continue to benefit its financials. Also, lower tax rates will aid profitability in the quarters ahead. Further, enhanced capital deployment plan reflects strong balance sheet.
However, fee income growth challenges (mainly due to a slowdown in capital market activities and dismal mortgage banking performance) remains a major concern for the company. Also, litigation hassles make us apprehensive.
(You can read the full research report on JPMorgan here >>>).
Comcast’s shares have underperformed the Zacks Cable Television industry year to date, losing -18.5% vs. -17.4%. The Zacks analyst thinks Comcast is benefiting from an increasing number of high speed internet subscribers. Also, continuing investment on Theme Parks is a tailwind.
The nationwide rollout of wireless services under the Xfinity Mobile brand is expected to expand subscriber base. Moreover, the company’s plan to buy Fox’s assets will significantly expand its content portfolio and international presence. Moreover, acquisition will boost Comcast’s competitive position against the likes of Netflix and Amazon Prime. And the Sky deal is likely to provide synergies worth $500 million.
Estimates have remained stable lately ahead of company's Q2 earnings release. However, the debt level is expected to shoot up due to the higher bid for Fox’s assets and Sky. Moreover, the company continues to lose voice and video subscribers due to cord-cutting and stiff competition, which remains a concern.
(You can read the full research report on Comcast here >>>).
Other noteworthy reports we are featuring today include American Express (AXP - Free Report) , PNC Financial (PNC - Free Report) and Micron Technology (MU - Free Report) .
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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>>>