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The Zacks Analyst Blog Highlights: PayPal, Occidental Petroleum, Southern, Delta and Petrobras

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For Immediate Release

Chicago, IL – July 27, 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 PayPal (PYPL - Free Report) , Occidental Petroleum (OXY - Free Report) , Southern Company (SO - Free Report) , Delta (DAL - Free Report) and Petrobras (PBR - Free Report) .

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

Here are highlights from Thursday’s Analyst Blog:

Top Analyst Reports for PayPal, Occidental Petroleum and Southern Co.

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 PayPal, Occidental Petroleum and Southern Company. 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 >>>

PayPal’s shares have outperformed the Zacks Internet Software industry over the last year (+51.9% vs. +38.2%). PayPal reported second quarter results wherein both earnings and revenues have reflected impressive year over year growth.

The company continued to witness an expanding customer base with help of its robust Venmo, Choice and One Touch. Also, the company’s tie-up with MasterCard aided the adoption rate of Venmo. Further, the company’s ongoing partnership with ShinhanCard remained positive throughout the quarter and aided its presence in South Korea.

Its extended partnership with Google and eBay will continue to strengthen its customer base further. This will keep adding strength to PayPal’s total payments volume. The Zacks analyst thinks an expanding product & services portfolio and global presence will continue to benefit the company’s market share.

However, exposure to foreign exchange and interest rate risks are major concerns. Also, intensifying competition remains a headwind.

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

Shares of Buy-ranked Occidental Petroleum have outperformed the Zacks Domestic Integrated Oil industry in the last three months, gaining +9.5% vs. +8.6%. As oil prices continue to improve, Occidental Petroleum gains from more oil production in the Permian Resources and concentrating on high-margin production region.

The Zacks analyst thinks ongoing capital investment will further strengthen the existing operation of the company. The company generates stable cash flow and its Chemical plant will further improve its cash flow. However, Occidental Petroleum, like other oil and natural gas companies, faces the risks of cost overruns and development interruptions due to delays in drilling and other approvals.

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

Southern Company's shares have outperformed the Zacks Electric Power industry in the last six months, gaining +8.1% vs +0.7%. The Zacks analyst thinks that Southern Company is one of the largest and best-managed electric utility holding companies in the United States, dominating the power business across the southeastern region. With good rate base growth and constructive regulation, it is expected to generate steady earnings and dividend growth in the coming years through long-term power contracts.

Additionally, the $12 billion AGL Resources buy has significantly increased its customer base and diversified offerings. However, continued timing and cost overrun issues over two large construction projects – Vogtle and Kemper – are major overhangs.

While the $20 billion Vogtle nuclear plant has gone notably over budget and is years behind schedule, Southern's Kemper project suffered yet another setback with the suspension of all coal gasification operations amid additional cost burden. The interplay of these factors leads to a conservative investment thesis.

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

Other noteworthy reports we are featuring today include Delta and Petrobras.

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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.