Today's Must Read
Visa (V) to Gain Scale from Visa Europe Acquisition
Mallinckrodt (MNK) Poised to Grow on Acquisitions
Tuesday, July 19, 2016
We have hand-picked 16 research reports in today's Research Daily, out of the roughly 80 research reports issued by our team of analysts, including the 7 featured below about Amazon.com (AMZN), Visa (V), Mallinckrodt (MNK), IBM (IBM), Cisco (CSCO), Spetra Energy (SE) and General Motors (GM)
Shares of Zacks Rank # 2 (Buy) rated Amazon are up more than 9% year-to-date, with estimates steadily going up. The analyst likes Amazon for its efforts to strengthen its leadership position in the ecommerce segment with innovation in delivery and logistics, broadening of its product selection, device strategy, international expansion and the Prime membership program. Additionally, Amazon is the leading provider of cloud infrastructure as a service to enterprise customers through its Amazon Web Services (AWS) business. (You can read the full research report on AMZN here.)
The analyst likes the Zacks Rank # 2 (Buy) rated Visa for the company's growing electronic business, compelling inorganic growth story, solid international business and sound balance sheet are some of its other positives. Additionally, Visa’s initiative to accelerate secure mobile payments by adopting the pay Wave software application is encouraging. (You can read the full research report on V here.)
Zacks Rank # 2 rated Mallinckrodt’s shares have been weak lately, but the analyst cites a number of positives in the drug maker's story. Mallinckrodt's strategic acquisitions over the last few years have broadened its portfolio significantly and boosted its growth prospects. The company’s Specialty Brands segment is performing well and should help it achieve its raised outlook for fiscal 2016. Inomax and Acthar hold significant potential and the company continues to work on boosting its presence in the hospital segment. (You can read the full research report on MNK here.)
Other noteworthy reports we are featuring today include IBM (IBM), Cisco (CSCO) and General Motors (GM).
- IBM (IBM) Reports Strong Q2 Earnings
- Cisco’s (CSCO) Prospects Improve On IBM Partnership
- Spectra Energy (SE) Up to Zacks Rank # 1 (Strong Buy)
- General Motors (GM) Down to Zacks Rank # 4 (Sell)
Director of Research
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.
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