On Jul 6, 2017, leading diversified Canadian communications and media company, Rogers Communications Inc. (RCI - Free Report) , was upgraded to Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The price performance of Rogers Communications has been encouraging for the last six months. The stock price inched up 21.3%, beating the Zacks categorized Cable TV industry’s gain of 7.7% over the same time span.
The company has maintained its position as the largest integrated-telecom operator in Canada. Rogers Communications continues to remain the first wireless operator in Canada to offer Internet of Things (IoT) as a service to business enterprises. End-to-End Incident Management, Farm and Food Monitoring, and Level Monitoring are the three IoT services that it currently offers. The wireless carrier expects the Canadian IoT market size to reach a value of $13.5 billion by 2019.
Rogers Communications continues to roll out 700 MHz LTE ‘lower block’ spectrum which provides better in-building penetration and rural LTE coverage. It has been able to attain favorable trends in churn and net additions supported by its high-quality network, value-added content offerings and sustained improvements in customer experience.
On Jun 6, 2017, the company’s subsidiary, Rogers Media, Inc., signed two major deals. One was with The Weather Company, which is a subsidiary of the Data and Analytics Platform business unit of International Business Machines Corporation (IBM - Free Report) . The other was with Iowa-based media conglomerate company, Meredith Corporation . Through these deals, Rogers Media will be able to expand and deliver brand-safe and premium-content environments to its advertising partners. These will focus on lifestyle, entertainment, news and information verticals.
Rogers Media, Inc. signed a deal to purchase broadcasting company, Tillsonburg Broadcasting Company Limited. The subsidiary views the transaction as an ideal one, which should help it strengthen its foothold in Southwest Ontario.
In Dec 2016, Rogers Communications announced plans of dumping its Internet Protocol TV (IPTV) platform and adopt Comcast Corporation’s (CMCSA - Free Report) cloud-based X1 video platform. Using the powerful X1 platform, the company aims to provide its customers with an advanced seamless and connected TV experience, at home or outside.
However, the wireless carrier faces fierce competition from large incumbents like TELUS Corporation (TU - Free Report) , BCE Inc. (BCE) and other small regional carriers. Moreover, Shaw Communications’ venture into the Canadian wireless market with the WIND Mobile acquisition raises competition for the company.
We believe that these are the reasons behind the stock currently carrying a Zacks Rank #3 (Hold).
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Jul 6, 2017, leading diversified Canadian communications and media company, Rogers Communications Inc. (RCI - Free Report) , was upgraded to Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The price performance of Rogers Communications has been encouraging for the last six months. The stock price inched up 21.3%, beating the Zacks categorized Cable TV industry’s gain of 7.7% over the same time span.
The company has maintained its position as the largest integrated-telecom operator in Canada. Rogers Communications continues to remain the first wireless operator in Canada to offer Internet of Things (IoT) as a service to business enterprises. End-to-End Incident Management, Farm and Food Monitoring, and Level Monitoring are the three IoT services that it currently offers. The wireless carrier expects the Canadian IoT market size to reach a value of $13.5 billion by 2019.
Rogers Communications continues to roll out 700 MHz LTE ‘lower block’ spectrum which provides better in-building penetration and rural LTE coverage. It has been able to attain favorable trends in churn and net additions supported by its high-quality network, value-added content offerings and sustained improvements in customer experience.
On Jun 6, 2017, the company’s subsidiary, Rogers Media, Inc., signed two major deals. One was with The Weather Company, which is a subsidiary of the Data and Analytics Platform business unit of International Business Machines Corporation (IBM - Free Report) . The other was with Iowa-based media conglomerate company, Meredith Corporation . Through these deals, Rogers Media will be able to expand and deliver brand-safe and premium-content environments to its advertising partners. These will focus on lifestyle, entertainment, news and information verticals.
Rogers Media, Inc. signed a deal to purchase broadcasting company, Tillsonburg Broadcasting Company Limited. The subsidiary views the transaction as an ideal one, which should help it strengthen its foothold in Southwest Ontario.
In Dec 2016, Rogers Communications announced plans of dumping its Internet Protocol TV (IPTV) platform and adopt Comcast Corporation’s (CMCSA - Free Report) cloud-based X1 video platform. Using the powerful X1 platform, the company aims to provide its customers with an advanced seamless and connected TV experience, at home or outside.
However, the wireless carrier faces fierce competition from large incumbents like TELUS Corporation (TU - Free Report) , BCE Inc. (BCE) and other small regional carriers. Moreover, Shaw Communications’ venture into the Canadian wireless market with the WIND Mobile acquisition raises competition for the company.
We believe that these are the reasons behind the stock currently carrying a Zacks Rank #3 (Hold).
3 Stocks to Ride a 588% Revenue Explosion
At Zacks, we're mostly focused on short-term profit cycles, but the hottest of all technology mega-trends is starting to take hold...
By last year, it was already generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. See Zacks' Top 3 Stocks to Ride This Space >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on TU - FREE
Get the latest research report on IBM - FREE
Get the latest research report on RCI - FREE
Get the latest research report on CMCSA - FREE