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The Zacks Analyst Blog Highlights: Amazon, Broadcom, Lockheed Martin, Procter & Gamble and American Electric

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For Immediate Release

Chicago, IL – October 16, 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 Amazon (AMZN - Free Report) , Broadcom (AVGO - Free Report) , Lockheed Martin (LMT - Free Report) , Procter & Gamble (PG - Free Report) and American Electric (AEP - Free Report) .

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Here are highlights from Monday’s Analyst Blog:

Top Analyst Reports for Amazon, Broadcom and Lockheed Martin

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Amazon, Broadcom and Lockheed Martin. 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 >>>

Buy-ranked Amazon’s shares have outperformed the broader market year to date by a wide margin. (the stock is up +53% vs. the +3.6% gain for the S&P 500 as a whole). The Zacks analyst thinks Amazon continues to ride on its robust performance in the retail space on the back of its vast e-commerce platform, fast delivery services, Prime program, increasing engagement of Prime customers and solid third-party selection.

Moreover, Amazon’s expanding distribution footprint bodes well for Prime. Further, Amazon Web Services (AWS) also continues to perform well, owing to its expanding enterprise customer base. Notably, AWS generates much higher margins than retail, positively impacting Amazon’s profitability.

Additionally, the company’s advertising business is also gaining traction. However, an anticipated increase in fulfillment costs prior to the holiday season can put margins under pressure. Moreover, intensifying competition in the cloud computing market from the likes of Microsoft Azure and Google cloud is a significant headwind.

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

Shares of Buy-ranked Broadcom have underperformed the Zacks Electronics - Semiconductors industry over the past year, losing -+5.5% vs. a +0.6% increase. However, the Zacks analyst likes Broadcom’s broad-based product portfolio which serves multiple applications to diversified end markets. This is likely to aid it in gaining significant market share.

The company is also benefiting from solid demand for its wireless solutions which positions it well to address the needs of rapidly growing technologies like IoT and 5G. Strong ties with leading OEMs across multiple target markets will help the company to gain key insights into the requirements of customers.

Nonetheless, the company faces intensifying competition and integration risks due to frequent acquisitions. The company’s leveraged balance sheet and customer concentration continue to be headwinds.

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

Buy-ranked Lockheed Martin’s shares have gained +2.7% over the past one year, underperforming the Zacks Aerospace Defense sector, which has gained +14.6% over the same period. The Zacks analyst emphasizes that Lockheed Martin, being the largest defense contractor in the world, enjoys strong demand for its high-end military equipment in domestic as well as international markets.

Consequently, strong order growth has been a primary growth driver for this company. Lately, the company has been witnessing strong demand for its equipment, ranging from C-130J aircraft in France and Germany to helicopters in Poland to missile defense systems in the Asia-Pacific, Europe, and Middle East regions. It continues to be a strong cash generator, helping it to take important cash deployment decisions. However, it faces intense competition for its broad portfolio of products and services in both domestic and international markets.

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

Other noteworthy reports we are featuring today include Procter & Gamble and American Electric.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

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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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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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