Today's Must Read
Goldman's (GS) Growth Look Encouraging Amid Strategic Moves
Comcast (CMCSA) to Gain from Netflix Deal
Tuesday, September 20, 2016
Today's Research Daily features new research reports on 16 major stocks, including Abbott Labs (ABT), Comcast (CMCSA) and Goldman Sachs (GS).
Shares of Buy ranked Abbott have been under pressure lately, in sympathy with the broader pharma group on political uncertainty about pricing issues (the stock is down more than 6% year-to-date). But the Zacks analyst likes the manner in which the pharma major has been reshaping its portfolio through strategic acquisitions/divestitures. In order to focus on strengths – cardiovascular devices and diagnostics – Abbott has inked a deal to divest its vision care business to J&J. Moreover, the Alere acquisition should boost the diagnostics business, while the St. Jude Medical buyout will complement its cardiovascular devices division and strengthen its long-term growth potential (You can read the full research report on Abbott here>>)
Goldman Sachs shares have come back a bit in recent weeks, but remain in negative territory for the year on persistent macro headwinds for the space as a whole. These issues notwithstanding, the Zacks analyst likes this Buy-ranked stock for its well-diversified business model and industry leading investment banking franchise. The company is also seeking to capitalize on new growth opportunities through several strategic investments including its digital consumer lending platform. Venturing into the ETF market will act as a tailwind, while regulatory approval for its 2016 capital plan demonstrates its financial strength. (You can read the full research report on Goldman Sachs here>>)
Comcast's continued momentum (the stock is up 16% year-to-date) reflects the strength in its Cable business and significant improvement in the NBC Universal segment. Also, Comcast is investing heavily in its theme park business. The company has forayed into the over-the-top video delivery market with the launch of its Internet TV service “Stream”. Comcast’s incorporation of Netflix services into its X1 platform is aimed at checking customer churn and providing viewers with more streaming options and flexibility at breakthrough prices. (You can read the full research report on Comcast here>>)
Other noteworthy reports we are featuring today include Microsoft (MSFT), Citigroup (C) and Philip Morris (PM).
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You can find all of today's stock research reports here>>
Director of Research
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