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The Zacks Analyst Blog Highlights: Disney, U.S. Bancorp, EOG, 3M and Micron

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For Immediate Release

Chicago, IL –December 21, 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: Disney (DIS - Free Report) , U.S. Bancorp (USB - Free Report) , EOG Resources (EOG - Free Report) , 3M (MMM - Free Report) and Micron Technology (MU - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Stock Reports for Disney, U.S. Bancorp and EOG Resources

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 Disney, U.S. Bancorp and EOG Resources. 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 >>>

Disney’s shares have increased +1.6% year to date, outperforming the Zacks Media Conglomerates industry’s -1.1% decline in that same time period. The Zacks analyst thinks Disney’s top line will benefit from the solid line-up of big budget movies slated to be released over the next 18 months.

Moreover, solid content portfolio at ESPN+ as well as impressive Disney+ original content line-up, expected to release in 2019, is expected to win subscribers rapidly. However, Disney’s ongoing investments in its technology platform are expected to keep margins under pressure. Additionally, higher programming costs at ESPN remains a concern.

Weakness in the Consumer Products & Interactive Media segment is a headwind. Further, higher labor-related costs and softness experienced in tourism and consumer confidence in China are likely to impact Parks & Resorts segment in the near term.

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

Shares of Buy-ranked U.S. Bancorp have outperformed the Zacks Major Banks industry over the past six months, losing -9.4% vs -16.9%. The company possesses an impressive earnings surprise history, beating expectations in all the trailing four quarters.

The Zacks analyst thinks U.S. Bancorp's prospects will likely get support from its solid business model, core franchise, lower tax rate, rising interest rate and diverse revenue streams. Also, its organic growth remains solid and will likely benefit from the improving economic scenario. Though escalating expenses due to its ongoing investments in technology and likely increase in legal expenses remain concerns, U.S. Bancorp remains well poised to grow through acquisitions.

(You can read the full research report on U.S. Bancorp here >>>).

EOG Resources’ shares have declined -12.6% over the past year, outperforming the Zacks Oil & Gas E&P Industry, which has slumped -33.2% over the same period. Besides being the largest player in the Eagle Ford, EOG Resources also holds significant top tier acreage in Permian, Bakken play and Powder River Basin.

The Zacks analyst thinks that with the recent discovery of Mowry and Niobrara sites in Powder River Basin, the firm has solidified its position and poised itself for greater returns. Moreover, EOG Resources’ healthy financials provides it financial flexibility to tap into growth opportunities. Also, in the third quarter of 2018, the company’s discretionary cash flow surged more than 95% year over year, reflecting strength in its operations.

However, the company’s lack of exposure to international resources is a drag. Its Permian operations can also take a hit due to takeaway capacity constraints. Rising operating expenses, in particular the gathering and processing cost, possesses threat to its bottom-line. Therefore, the stock warrants a cautious stance.

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

Other noteworthy reports we are featuring today include 3M and Micron Technology.

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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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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