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Top 6 Research Reports for June 30, 2016

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Thursday, June 30, 2016

Today's must-read reports are for Alphabet (GOOGL - Free Report) , Monsanto and McKesson (MCK - Free Report) .

Google parent Alphabet's shares have lagged lately, with trends in estimate revisions generally on the negative side. Beyond the near-term issues, however, the analyst likes the company's efforts to improve accountability of its different business units and continue investing in long-term growth opportunities. (You can read the full research report on GOOGL here.)

 

Monsanto reiterated its full-year outlook, but the earnings release was broadly on the weak side. This is a tough environment in the agriculture space, even though Monsanto enjoys a leadership position on the seeds side. Key headwinds include weak commodity pricing, unfavorable currency movements and low acreage. (You can read the full research report on MON here.)

Earnings estimates for McKesson, a leader in the medical distribution space, have been going up lately following the company's raised guidance. The analyst likes the fact that McKesson has been actively pursuing deals and acquisitions to drive growth. In Mar 2016, the company undertook a restructuring plan to lower its operating costs given challenging business conditions. (You can read the full research report on MCK here.)

Other noteworthy reports we are featuring today include Nike (NKE - Free Report) , Caterpillar (CAT - Free Report) and Goldman Sachs (GS - Free Report) .

You can find all of today's stock research reports here.

Sheraz Mian

Director of Research

Note: Sheraz Mian regularly provides earnings analysis on Zacks.com and appears frequently in the print and electronic media. His weekly earnings related articles include Earnings Trends and Earnings Preview. He also provides weekly commentary to Zacks Premium subscribers and manages the Zacks Focus List and Zacks Top 10 Stocks portfolios. If you want an email notification each time Sheraz publishes a new article, please click here.

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