Today's Must Read
Soft Sales Hit Philip Morris' (PM) Q2 Results
Thermo Fisher (TMO) to Stay on Growth Track, Awaits Synergy
Wednesday, July 20, 2016
Today's must-read reports are for UnitedHealth (UNH), Philip Morris (PM) and Thermo Fisher (TMO).
UnitedHealth shares have been strong performers lately, reflecting positive momentum in the health insurer's Optum business. The analyst also likes the company's international business and strong capital position that adds to its financial flexibility and shareholder returns. (You can read the full research report on UNH here.)
The analyst likes Philip Morris’ strong brand portfolio of brands which is crucial in helping it command a leading market share in the tobacco industry. The analyst's updated research report that came out today also refers to the company's efforts to launch new products to cater to the changing consumer tastes. The company has also done an excellent job of maintaining margins through effective cost contorls despite continued volume pressures. (You can read the full research report on PM here.)
Zacks Rank # 2 rated Thermo Fisher shares have gained more than 10% year-to-date on the back of steadily rising estimates. The company's growth profile has benefited from a combination of M&A moves like the Life Technologies and Affymetrix purchases and strong focus on emerging markets. With respect to the latter, the company plans to continue strengthening its foothold in emerging markets, such as China and India. (You can read the full research report on TMO here.)
Other noteworthy reports today include Ross Stores (ROST), American Express (AXP) and Quest Diagnostics (GM).
- Prologis (PLD) Q2 Earnings Impress
- Quest Diagnostics (DGX) Poised for Growth
- Ross Stores (ROST) Up to Zacks Rank # 2 (Buy)
- American Express (AXP) Down to Zacks Rank # 4 (Sell)
You can find all of today's stock research reports here.
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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