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The Zacks Analyst Blog Highlights: Bank of America, Lockheed Martin, Chubb, Halliburton and ServiceNow

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For Immediate Release

Chicago, IL – April 30, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Bank of America (BAC - Free Report) , Lockheed Martin (LMT - Free Report) , Chubb (CB - Free Report) , Halliburton (HAL - Free Report) and ServiceNow (NOW - Free Report) .

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Friday’s Analyst Blog:

Top Research Reports for BofA, Lockheed and Chubb

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 Bank of America, Lockheed Martin and Chubb. 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 >>>

Bank of America’s shares have outperformed the Zacks Major Regional Banks industry over the last six months, gaining +8.2% vs. +2.7%. Also, the company possesses an impressive earnings surprise history, beating expectations in each of the trailing four quarters. Its first quarter 2018 results benefited from higher rates, increase in equity trading income and lower expenses.

The Zacks analyst thinks increase in loan and deposit balances, rising interest rates, and efforts to manage expenses as well as expand into new markets will support profitability. However, a fall in mortgage banking income due to lower volumes and a decline in refinancing activity along with uncertainty related to performance of capital markets remain major concerns. These are expected to hurt the bank's revenues to some extent.

(You can read the full research report on Bank of America here >>>).

Shares of Buy-ranked Lockheed Martin have gained +22.6% over the last year, underperforming the Zacks Aerospace Defense sector, which has gained +43.5% over the same period. Lockheed Martin started off 2018 on an impressive note. Both its first-quarter earnings as well as revenues surpassed expectations.

Being the largest defense contractor in the world, the company experiences strong demand for high-end military equipment in both domestic as well as overseas markets. Consequently, strong order growth has been a primary growth driver for this company.

Lockheed Martin continues to be a strong cash generator, helping it to take important cash deployment decisions. Lockheed Martin paid dividends of $586 billion in the reported quarter, up from $544 million paid in the first quarter of 2017.

The recent expansionary budgetary updates will immensely boost this defense prime's business growth. However, the company faces intense competition for its broad portfolio of products and services in both domestic and international markets.

(You can read the full research report on Lockheed Martin here >>>).

Chubb’s shares have lost -6.7% year to date, underperforming the Zacks Property, Casualty and Title industry, which has declined -0.4% over the same period. Chubb’s first-quarter 2018 earnings beat expectations but deteriorated year over year on higher catastrophe loss.

Though the bottom line was weighed down by 64 cents in cat loss, net investment income was solid while premium revenue and commercial P&C pricing improved across many of its businesses lines. The Zacks analyst thinks Chubb stands a good chance of leading the P&C space, benefiting from compelling products as well as services. Its inorganic growth story is impressive, helping it achieve a higher long-term ROE.

A strong capital position aids Chubb to boost shareholders’ value and invest in strategic initiatives to drive growth. The company is on track to achieve annual run-rate integration-related savings of $875 million by the end of 2018. But, exposure to cat loss induces volatility in underwriting profitability. Escalating expenses too weigh on margin expansion.

(You can read the full research report on Chubb here >>>).

Other noteworthy reports we are featuring today include Halliburton and ServiceNow.

Can Hackers Put Money INTO Your Portfolio?

Earlier this year, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.

Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.

Download the new report now>>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.