For Immediate Release
Chicago, IL –January 18, 2019 – 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: NextEra Energy, Inc. (NEE - Free Report) , Wells Fargo & Company (WFC - Free Report) , Mondelez International, Inc. (MDLZ - Free Report) , L3 Technologies, Inc. (LLL - Free Report) and EOG Resources, Inc. (EOG - Free Report) .
Here are highlights from Thursday’s Analyst Blog:
Top Research Reports for NextEra, Wells Fargo and Mondelez
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 NextEra Energy, Inc., Wells Fargo & Company and Mondelez International, Inc. 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 >>>
NextEra Energy’s shares outperformed the Zacks Utility - Electric Power industry in the past twelve months, gaining +15.9% vs +3.6%. The Zacks analyst thinks that NextEra Energy’s investments to strengthen its infrastructure and ongoing capital projects, on completion, will help serve its expanding customer base more efficiently. The expansion of its natural gas operation through strategic acquisitions also will have a positive impact on earnings.
However, the company’s nature of business is subject to complex and comprehensive federal, state and other regulations. At the same time, the risk of unplanned outages remains, which could derail its normal operation and impact profitability.
(You can read the full research report on NextEra Energy here >>>).
Shares of Wells Fargo & Company have underperformed the Zacks Banks - Major Regional industry over the past six months (down -13.5% vs. -10.1%). The Zacks analyst thinks that this can be attributed to the company’s fall in non-interest income. Lest we forget that Wells Fargo was slapped with several sanctions, including a cap on the assets by the Federal Reserve, following its involvement in several legal issues. Its reputation harmed by such involvement, might take some time to recover.
But its earnings surprise history is decent and has beaten the Zacks Consensus Estimate in two of the trailing four quarters. Ongoing investment in the businesses to enhance compliance and risk management capability, build a better bank and strengthen core infrastructure, also bode well.
(You can read the full research report on Wells Fargo & Company here >>>).
Mondelez International’s shares outperformed the Zacks Food - Miscellaneous industry in the past three months, gaining +3.9% vs -7.9%. The Zacks analyst thinks that the company has been gaining from a strong earnings history. Its third-quarter 2018 bottom-line performance was boosted by benefits from taxes, fewer outstanding shares and operating gains. Further, Mondelez is gaining from improved pricing and productivity savings.
Nevertheless, we note that sluggish sales in North America, stemming from operational challenges, have been a drag on performance. This combined with adverse currency impacts continue to remain as threats.
(You can read the full research report on Mondelez International here >>>).
Other noteworthy reports we are featuring today include L3 Technologies, Inc. and EOG Resources, Inc.
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