Tuesday, January 10 2017

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan (JPM), Texas Instruments (TXN) and Starbucks (SBUX).

JPMorgan shares lagged the S&P 500 index through the November election, but have been standout performers since then; the stock is up an impressive +23.1% since November 8th vs. +6% gain for the index since then. Driving this momentum is the combination of rising interest rates, an improved outlook for the U.S. economy and the company's well-earned reputation for operating excellence. JPMorgan reports Q4 results on January 13th, with Zacks Consensus estimates of $1.43 on $23.1 billion in revenues. Estimates for this Buy-rated stock have been steadily going up lately, reflecting the improved outlook for the bank's profitability. (You can read the full research report on JPMorgan here >>)

Texas Instruments shares gained 45.2% over the last one year, outperforming the Zacks Semiconductor industry which has gained 39.8% over the same period. Part of the momentum reflects an improved margin outlook, secular strength in the auto and industrial markets, a stronger mix of analog and embedded processing products, benefits of restructuring actions and more 300mm capacity coming online. The only negatives at this point appear to be strengthening competition particularly for auto chips given recent market consolidation. This Buy-rated company reports Q4 results on January 25th, with the current Zacks Consensus EPS estimate at $0.81 on $3.3 billion in revenues. (You can read the full research report on Texas Instruments here >>)

Starbucks shares struggled last year on concerns about the company's growth outlook. The stock was barely up last year (up +0.4%), in-line with the Zacks Restaurants Industry (up +0.6%) vs. +17.1% gain for the S&P 500 index. Estimates have been steady ahead of the company's January 26th earnings report, with the current Zacks Consensus EPS at $0.52 on $5.8 billion in revenues. The market's dour view of the stock notwithstanding, the Zacks analyst points toward the company's solid execution of several initiatives in the U.S. and highlights its potential to be an international powerhouse in CPG and retail. Best-in-class loyalty programs and digital offerings are expected to drive profits in fiscal 2017 and beyond. (You can read the full research report on Starbucks here >>)

Other noteworthy reports we are featuring today include ConAgra (CAG), NVIDIA (NVDA) and TripAdvisor (TRIP).

Zacks' Top 10 Stocks for 2017

In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?

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Sheraz Mian

Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here >>>