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The Zacks Analyst Blog Highlights: Amazon, Bristol-Myers, Time Warner, Northrop Grumman and Honda

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For Immediate Release

Chicago, IL – May 2, 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 Amazon (AMZN - Free Report) , Bristol-Myers (BMY - Free Report) , Time Warner , Northrop Grumman (NOC - Free Report) and Honda (HMC - Free Report) .

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

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Amazon, Bristol-Myers and Time Warner

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 Amazon, Bristol-Myers and Time Warner. 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 >>>

Buy-ranked Amazon’s shares have outperformed the broader market in the past year (the stock is up +65.4% vs. the +10.7% gain for the S&P 500 as a whole). The Zacks analyst thinks Amazon is benefiting from an expanding AWS enterprise customer base and increasing number of paid Prime members. In the first-quarter, AWS was selected by enterprise customers like GoDaddy, Cox Automotive, Shutterfly, NextGen Healthcare, Amway and LG Electronics. Moreover, collaboration with VMware is expected to boost AWS product offerings in the long haul.

Notably, AWS generates much higher margins than retail, positively impacting Amazon’s profitability. Additionally, Amazon’s expanding distribution footprint bodes well for Prime. The company recently increased Prime’s subscription fee, which is likely to hurt subscriber additions going forward. Moreover, increased operating expenses to support expansion of its business into new markets and territories, localize the availability of products and grow its content will keep margins under pressure.

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

Shares of Bristol-Myers have underperformed the Zacks Large Cap Pharmaceuticals industry in the last six months, losing -16.2% vs. -3.2%. Bristol-Myers beat both earnings and revenues expectations, primarily on robust sales of Opdivo and Eliquis in the quarter. Opdivo delivered strong performance, maintaining leading shares across approved indications in melanoma, RCC, lung, and head and neck.

The increase in 2018 guidance for adjusted earnings was also encouraging. The Zacks analyst likes Bristol-Myers’ efforts to develop its pipeline, especially Opdivo. Several label expansion applications for Opdivo are under review in the United States and Europe. Potential approval will further boost the prospects of this blockbuster drug.

Also, the superiority of Eliquis in real world data analysis is expected to further boost sales of the drug. However, pricing concerns, stiff competition in the immuno-oncology space are expected to remain an overhang

(You can read the full research report on Bristol-Myers here >>>).

Time Warner’s shares have lost -4.6% over the last year, outperforming the Zacks Media Conglomerates industry’s -11.6% decline in that same time period. The Zacks analyst likes the company’s foray into new markets and digital efforts, and investments in video content and technology. Time Warner is now focusing on original programming, cost containment and increasing investments in key areas to enhance profitability.

Notably, the company has positive record of earnings surprises in recent times. However, management’s projection of decline in operating income across its segments in first-quarter 2018 raises concern. The company also expects HBO’s content and other revenues to decline considerably in the quarter. Moreover, its takeover by AT&T has hit a roadblock due to DOJ’s antitrust concerns, which can drag down share price in the near term.

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

Other noteworthy reports we are featuring today include Northrop Grumman and Honda.

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 >>

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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