Back to top

Image: Bigstock

Top Research Reports for JPMorgan, Hershey & ADP

Read MoreHide Full Article

Thursday, November 3, 2016

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan (JPM - Free Report) , Automatic Data Processing (ADP - Free Report) , and Hershey (HSY - Free Report) . You can see the complete list of research reports issued by our analyst team today here >>>

JPMorgan shares have stood out from the peer group in the year-to-date period, with the strong Q3 results adding to the stock's momentum. The Q3 outperformance reflected improved trading revenues, higher mortgage banking fees, growth in investment banking income and a rise in net interest income. The analyst likes JPMorgan’s solid loan growth, synergies from retail banking performance and cost-containment efforts to help offset the continued drag from the Fed-inspired low interest rate environment. Also, the energy sector headwind seems to be easing with a rebound in oil prices. (You can read the full research report on JPMorgan here>>)

Automatic Data Processing shares have jumped following the company's better-than-expected results, with the stock now up more than 6% year-to-date. The analyst emphasizes that it holds a dominant position in the payroll processing and human capital management market, primarily due to its robust product portfolio. The company has been benefiting from the surge in demand for its offerings because of the Affordable Care Act mandate. This apart, its higher revenue per client and lower cost of operations place it in an advantageous position. Its stable business, solid free cash flow and high dividend rate also make it lucrative to investors. (You can read the full research report on Automatic Data Processing here>>)

The outlook for buy-rated Hershey has improved following the quarterly report  and raised guidance. The analyst stresses that sales were up 2%, marking the second straight quarter of increases after four quarters with no growth. Its North America category improved while the International segment saw profits for the first time since fourth-quarter 2014. Although China and India remain a drag, momentum in Brazil and Mexico raises hope. (You can read the full research report on Hershey here>>)

Other noteworthy reports we are featuring today include Hasbro (HAS - Free Report) , Blackstone (BX - Free Report) and Eni SpA (E - Free Report) .

Confidential: Best Trades from Zacks Research
Would you like to see a hand-picked "all-star" selection of investment ideas from the man who heads up Zacks' trading and investing services? Steve Reitmeister knows when key trades are about to be triggered and which of our experts has the hottest hand. He is now prepared to pass them along to you. Today Steve is also opening up Zacks' 7 Best Stocks for October, 2016 free of charge. From 220 Zacks Rank #1 Strong Buys, this Special tabs 7 for immediate breakout. Click to access these private picks>>

Sheraz Mian

Director of Research

Note: If you want an email notification each time Sheraz publishes a new article, please click here>>>                            

Published in