Tuesday, November 1, 2016

We are featuring fresh research reports on 16 major stocks in today's Research Daily, including reports on Amazon (AMZN), Raytheon (RTN) and Phillips 66 (PSX). These 16 research reports have been hand-picked from among the 80 or so reports issued by our research team today. You can see all of today's research reports here >>>

Amazon shares have outperformed the retail space as well as the broad market in the year-to-date period (the stock is up 16.9% year to date), but it has lost ground following its mixed third-quarter results where it beat on the top-line but came short of EPS estimates. A persistent concern in the Amazon story is the company's ever-growing need to build fulfillment centers that continues to weigh on its margins. However, the analyst likes the company’s solid loyalty system in Prime and its FBA strategy, and content addition continues to add selection to Prime memberships. Also, the AWS generates much higher margins than retail, so it has a very positive impact on Amazon’s profitability. (You can read the full research report on Amazon here>>)  

Raytheon shares have risen around 9.7% year-to-date on the back of rising demand of defense products throughout the globe. In this backdrop, Raytheon recently came up with better-than-expected third-quarter earnings performance with both earnings and revenues surpassing the Zacks Consensus Estimate and rising year over year. Raytheon also raised the upper limit of its 2016 revenue guidance and lifted its entire earnings projection, reflecting strong results in the ongoing fourth quarter. The analyst likes its investment of over $3.5 billion in cybersecurity capabilities, which is expected to increase the company’s shares in this space. However, tough competition and budget deficits remained as major headwinds. (You can read the full research report on Raytheon here>>)   

Shares of Phillips 66 are up nearly 3% after its third quarter earnings came in better-than-expected. The analyst likes the company’s constant attempts to adjust its portfolio, which likely to aid it in posting better results in future. The company’s diversified presence across the U.S. supported by extensive transportation and logistics assets is also likely to boost its performance in the near-future. However, the company witnessed year-over-year declines in both earnings and revenues during the third quarter primarily led by volatile oil prices. Expected decline in the domestic gasoline demand might also affect its performance in days ahead. (You can read the full research report on Phillips 66 here>>)

Other noteworthy reports we are featuring today include Twitter (TWTR), Baker Hughes (BHI) and Dr. Pepper Snapple (DPS).

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Sheraz Mian

Director of Research

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