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The Zacks Analyst Blog Highlights: Disney, Caterpillar, MetLife, Celgene and Northrop Grumman

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For Immediate Release

Chicago, IL – June 12, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Disney (DIS - Free Report) , Caterpillar (CAT - Free Report) , MetLife (MET - Free Report) , Celgene and Northrop Grumman (NOC - Free Report) .

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Monday’s Analyst Blog:

Top Research Reports for Disney, Caterpillar and MetLife

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Disney, Caterpillar and MetLife. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Disney’s shares have lost -3.2% year to date, underperforming the Zacks Media Conglomerates industry’s -1.6% decline in that same time period. Disney’s impressive second-quarter fiscal 2018 results benefited from continuing strength at Parks & Resorts segment and stupendous success of Marvel title Black Panther, which were enough to mitigate another dismal performance from ESPN segment.

Parks & Resorts gained from significant visitor growth, increased per capita spending and shift in the timing of the Easter holiday. However, higher programming costs negatively impacted ESPN’s profitability. The Zacks analyst thinks continued subscriber loss remains a concern for the division.

Additionally, higher spending on ESPN+ is likely to hurt profitability. Nevertheless, Disney’s scintillating slate of movie titles, Avengers: Infinity War’s impressive collections and strong book rates at Parks & Resorts are positive developments that will help the stock to rebound in the rest of fiscal 2018.

(You can read the full research report on Disney here >>>).

Shares of Strong Buy-ranked Caterpillar have gained +46.4% over the past year, outperforming the Zacks Construction and Mining industry which has increased +45.1% over the same period. Driven by strong order rates, increasing backlog, positive economic indicators Caterpillar expects adjusted EPS at $10.25-$11.25 for 2018, the mid-point of which reflects year-over-year rise of 56%.

The Zacks analyst thinks the Construction segment will benefit from infrastructure development in China and continued demand improvement in North American residential, non-residential and infrastructure markets. Rising commodity prices will drive Resource Industries and Energy & Transportation’s revenues. Cost cutting efforts and additional investments in expanded offerings and services will drive growth.

(You can read the full research report on Caterpillar here >>>).

Buy-ranked MetLife’s shares have lost -10.9% over the last year, underperforming the Zacks Multi-Line Insurance industry, which has declined -2% over the same period. However, MetLife’s efforts to streamline business, only to focus on core business, are really impressive, according to the Zacks analyst.

Its revenues grew in 2017 after declining for two years and the trend is likely to continue in 2018. Its strong international operations and disciplined capital management should drive long-term growth.

The stock has seen the Zacks Consensus Estimate for current-year earnings being revised upward over the last 60 days. Nevertheless, exposure to catastrophe losses and investment in efficiency programs will put pressure on margins.

(You can read the full research report on MetLife here >>>).

Other noteworthy reports we are featuring today include Celgene and Northrop Grumman.

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See Zacks' 3 Best Stocks to Play This Trend >>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

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