Today's Must Read
Union Pacific's (UNP) 3Q16 Likely to Be Aided by Lower Costs
Accenture (ACN) Poised to Grow on Strategic Acquisitions
Broadcom (AVGO) Continues to Benefit from Avago Merger
Tuesday, October 4, 2016
Today's Research Daily features new research reports on 17 major stocks, including Home Depot (HD), Union Pacific (UNP), Accenture (ACN) and Broadcom (AVGO).
Home Depot shares have lagged the broader market this year on concerns about competitive pressures from specialty stores and mass retailers as well as the impact of the uneven economic recovery on discretionary spending. But the Zacks analyst likes this buy-rated home-improvement retailer for its focus on improving customer experience, solid execution, leverage to the steadily housing market, a track record of capital discipline and returning excess to shareholders through dividends (currently yields an attractive 2.1%) and share buybacks. (You can read the full research report on Home Depot here >>)
Union Pacific shares have been star performers this year (the stock is up more than 24% year-to-date) despite well-known issues in the factory space given the railroad operator's track record of operating efficiencies and strong cash flows. The Zacks analyst is impressed with buy-rated Union Pacific’s strong cost discipline and a history of returning excess cash to shareholders through share buybacks and dividend payments. (You can read the full research report on Union Pacific here>>)
Accenture shares have led the broader business services space and the market (the stock is up almost 17% year-to-date), with the momentum expected to continue following the recent better-than-expected quarterly results. In the updated research report issued by the Zacks analyst today, he explains the positive attributes of this buy-rated stock, particularly the latest product additions in the analytics application space, given the increasing demand for digital solutions. Accenture’s investment in digital and marketing capabilities and its strategy of growing through acquisitions is another positive. The analyst also points out this consulting firm's strong balance sheet, cash flows and a history of returning excess cash to shareholders.(You can read the full research report on Accenture here>>)
Positive momentum in the Strong Buy rated Broadcom shares (the stock is up more than 18% year-to-date) are sustainable given continued synergistic benefits the Avago merger. The Zacks analyst also points out the company's efficient global supply chain with a variable, low-cost operating model that enables it to maintain sustainable revenue growth and expand margins. (You can read the full research report on Broadcom here>>)
Other noteworthy reports we are featuring today include Toyota (TM), Netflix (NFLX) and AstraZeneca (AZN).
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You can find all of today's stock research reports here>>
Director of Research
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