Today's Must Read
Lockheed Martin's (LMT) Revenues Thrive on F-35 Program
EOG Resources' (EOG) High Return Projects to Drive Growth
Monday, July 18, 2016
Today's must-read reports are for Bristol-Myers (BMY), Lockheed Martin (LMT) and EOG Resources (EOG).
Sporting a Zacks Rank #1 (Strong Buy), shares of Bristol-Myers have gained more than 10% year-to-date. Estimates have been goining up following positive guidance, with strong sales momentum in drugs like Opdivo, Orencia and Eliquis.The analyst likes the company's efforts to develop its pipeline. (You can read the full research report on BMY here.)
Shares of Lockheed Martin have gained more than 18% year-to-date. This Zacks Rank # 2 (Buy) rated defense contractor has further sterngthened its portfolio with the purchase of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies. The analyst likes the company’s platform-centric focus that guarantees a steady inflow of follow-on orders from a leveraged presence in the Army, Air Force, Navy and IT programs (You can read the full research report on LMT here.)
Buy-rated EOG Resources has been a strong performer lately, with the stock as well as EPS estimates making significant gains. The analyst likes the company’s attractive growth profile, huge inventory of drilling opportunities, upper quartile returns and disciplined management team.EOG Resources’ growing emphasis on liquids is reflected in the growth of its liquid production volume. (You can read the full research report on EOG here.)
Other noteworthy reports today include Delta Air Lines (DAL), General Dynamics (GD) and DISH Network (DISH).
- Delta Air Lines (DAL) Q2 Earnings Impress
- Sun Life (SLF) Builds on Business Model
- General Dynamics (GD) Up to Zacks Rank # 2 (Buy)
- DISH Network (DISH) Down to Zacks Rank # 4 (Sell)
You can find all of today's stock research reports here.
Note: Sheraz Mian regularly provides earnings analysis on Zacks.com and appears frequently in the print and electronic media. His weekly earnings related articles include Earnings Trends and Earnings Preview. He also provides weekly commentary to Zacks Premium subscribers and manages the Zacks Focus List and Top 10 portfolios.