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The Zacks Analyst Blog Highlights: Alphabet, Microsoft, IBM and Micron Technology
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For Immediate Release
Chicago, IL – July 23, 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 Alphabet Inc. (GOOGL - Free Report) , Microsoft Corporation (MSFT - Free Report) , IBM Corp. (IBM - Free Report) and Micron Technology, Inc (MU - Free Report) .
Invest in 5 Mega-Trends to Overcome Trade War Jitters
Trade war fears, time and again, have rattled the stock market this year. And that same fear has again erupted after many believe that Trump tariffs on imports of European cars would be economically calamitous. Needless to say, Trump is also willing to put tariffs on all $505 billion of Chinese goods the United States imports.
But, there are still stocks that are on an upswing regardless of a flare-up in the trade war. These stocks provide stability during tough times and their quest for next big thing will fuel growth. These companies are involved in artificial intelligence, e-commerce, mobile payments, biotechnology and gaming.
Trump Threatens EU with Tariffs on Automobile
Trump stood by his commitment to impose sweeping tariffs on imports of European cars and car parts. Tariffs worth around 50 billion euros a year may be levied on auto dealers and auto-parts manufacturers. The United States had earlier applied levies of up to 25% on imports of European-made steel and aluminum.
Trump, in fact, warned “tremendous retribution” against the European Union, especially regarding auto tariffs, provided his upcoming meeting with EU officials doesn’t yield any fruitful outcome. Trump did face a lot of opposition from the auto industry and the Congress. A bipartisan group of 149 House members requested him not to impose such tariffs.
European Commission Warns
The EU, in the meanwhile, expressed concern that Trump’s initiative to extend his trade war to imported cars will have a negative impact on the global economy. The EU’s trade commissioner, in a speech to the German Marshall Fund in Brussels, said that “at least on steel and aluminum, the world is undeniably facing challenges as a result of global over-capacity – the root cause of which is China. But similar moves on cars would be disastrous.”
Trump’s plan to impose tariffs on European cars will ultimately hurt U.S. automotive manufactures, per European Commission analysis. The U.S. GDP will shrink by nearly $14 billion but such levies won’t spare European car firms either. BMW, Volkswagen, Daimler and Volvo which export heavily to the U.S. market will feel the heat of auto tariffs.
Mega Trends That Produce Soaring Stocks Regardless of Tariffs
With such tariffs increasing the threat of a full-blown recession and eventually squeezing corporate profits, investors naturally should turn bearish. But, there are so-called mega trends that are sure to reshape the global economy in the years to come and are unperturbed by tariff issues. Let’s take a look at the trends and a few stock ideas —
Artificial Intelligence
Corporates will continue to deploy artificial intelligence (AI) solutions in order to streamline operations and increase sales. Spending on cognitive and AI systems will hit $19.1 billion this year, an increase of 54.2% over the amount spent last year, according to International Data Corporation estimates.
One way to play AI is via big tech firms that are finding ways to play this trend widely. Notable among them is Google parent Alphabet Inc., which acquired AI startup DeepMind in 2014, for $500 million. Other major tech bigwigs like Microsoft Corporation and IBM Corp. are also expanding into AI functions.
Investors can at the same time play the hardware side. AI applications promise to drive huge demand for Micron Technology, Inc’s memory products like DRAM and NAND flash. This memory specialist has seen nine earnings estimates move north in the last 60 days, while none moved south for the current year. The Zacks Consensus Estimate for earnings rose 6.2% in the same period. If this wasn’t enough, Micron currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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 >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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.
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The Zacks Analyst Blog Highlights: Alphabet, Microsoft, IBM and Micron Technology
For Immediate Release
Chicago, IL – July 23, 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 Alphabet Inc. (GOOGL - Free Report) , Microsoft Corporation (MSFT - Free Report) , IBM Corp. (IBM - Free Report) and Micron Technology, Inc (MU - 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:
Invest in 5 Mega-Trends to Overcome Trade War Jitters
Trade war fears, time and again, have rattled the stock market this year. And that same fear has again erupted after many believe that Trump tariffs on imports of European cars would be economically calamitous. Needless to say, Trump is also willing to put tariffs on all $505 billion of Chinese goods the United States imports.
But, there are still stocks that are on an upswing regardless of a flare-up in the trade war. These stocks provide stability during tough times and their quest for next big thing will fuel growth. These companies are involved in artificial intelligence, e-commerce, mobile payments, biotechnology and gaming.
Trump Threatens EU with Tariffs on Automobile
Trump stood by his commitment to impose sweeping tariffs on imports of European cars and car parts. Tariffs worth around 50 billion euros a year may be levied on auto dealers and auto-parts manufacturers. The United States had earlier applied levies of up to 25% on imports of European-made steel and aluminum.
Trump, in fact, warned “tremendous retribution” against the European Union, especially regarding auto tariffs, provided his upcoming meeting with EU officials doesn’t yield any fruitful outcome. Trump did face a lot of opposition from the auto industry and the Congress. A bipartisan group of 149 House members requested him not to impose such tariffs.
European Commission Warns
The EU, in the meanwhile, expressed concern that Trump’s initiative to extend his trade war to imported cars will have a negative impact on the global economy. The EU’s trade commissioner, in a speech to the German Marshall Fund in Brussels, said that “at least on steel and aluminum, the world is undeniably facing challenges as a result of global over-capacity – the root cause of which is China. But similar moves on cars would be disastrous.”
Trump’s plan to impose tariffs on European cars will ultimately hurt U.S. automotive manufactures, per European Commission analysis. The U.S. GDP will shrink by nearly $14 billion but such levies won’t spare European car firms either. BMW, Volkswagen, Daimler and Volvo which export heavily to the U.S. market will feel the heat of auto tariffs.
Mega Trends That Produce Soaring Stocks Regardless of Tariffs
With such tariffs increasing the threat of a full-blown recession and eventually squeezing corporate profits, investors naturally should turn bearish. But, there are so-called mega trends that are sure to reshape the global economy in the years to come and are unperturbed by tariff issues. Let’s take a look at the trends and a few stock ideas —
Artificial Intelligence
Corporates will continue to deploy artificial intelligence (AI) solutions in order to streamline operations and increase sales. Spending on cognitive and AI systems will hit $19.1 billion this year, an increase of 54.2% over the amount spent last year, according to International Data Corporation estimates.
One way to play AI is via big tech firms that are finding ways to play this trend widely. Notable among them is Google parent Alphabet Inc., which acquired AI startup DeepMind in 2014, for $500 million. Other major tech bigwigs like Microsoft Corporation and IBM Corp. are also expanding into AI functions.
Investors can at the same time play the hardware side. AI applications promise to drive huge demand for Micron Technology, Inc’s memory products like DRAM and NAND flash. This memory specialist has seen nine earnings estimates move north in the last 60 days, while none moved south for the current year. The Zacks Consensus Estimate for earnings rose 6.2% in the same period. If this wasn’t enough, Micron currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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.