We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: American Tower, Equinix, Deere, NVIDIA and NextEra
Read MoreHide Full Article
For Immediate Release
Chicago, IL – April 1, 2020 – 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 American Tower (AMT - Free Report) , Equinix (EQIX - Free Report) , Deere (DE - Free Report) , NVIDIA (NVDA - Free Report) and NextEra Energy (NEE - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Stock Market Reports for American Tower, Equinix and Deere
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 American Tower, Equinix and Deere. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
American Tower’s shares have outperformed the Zacks REIT and Equity Trust industry over the past six months (+1.2% vs. -18.6). The Zacks analyst believes that American Tower is enhancing its macro-tower portfolio and focusing on innovation to capture the underlying opportunities.
Rise in mobile-data usage and higher investments in 4G as well as 5G technology is spurring demand for its telecom towers. Therefore, this will likely drive the company’s leasing activity and organic tenant billings growth in the upcoming period. Moreover, the company is expanding its international presence, which opens up new areas of growth.
Nevertheless, the company has a substantially-leveraged balance sheet. Such high-debt levels might impede cash-flow growth. Additionally, consolidation trends in the telecom sector pose a cause of worry for the company. Furthermore, stiff competition in the tower industry is another concern.
Shares of Equinix have gained +37.5% over the past year against the Zacks REIT and Equity Trust – Retail industry’s fall of -35.9%. The Zacks analyst believes that a global footprint and solid interconnected ecosystems has helped the company deliver its 17th year of consecutive quarterly revenue growth, though rising debt burden might affect its operating results as interest expenses flare up.
The company recently completed the acquisition of Packet, a leader in the bare metal automation space. Moreover, the company announced that it opened its fourth International business Exchange data center in Melbourne, Australia. The company’s fourth-quarter 2019 results reflect healthy top-line growth.
Amid higher demand from cloud users, it remains committed to expand its International Business Exchange platform. However, consolidation in the telecommunications industry might mar demand for co-location space, hurting its growth.
Deere’s shares have lost -18% over the past three months against the Zacks Farm Equipment industry’s fall of -20.8%. The Zacks analyst believes that acquisitions, introduction of advanced technologies in its products and efforts to expand in precision agriculture will drive the company’s growth.
Deere has withdrawn fiscal 2020 guidance citing that the impact of the coronavirus pandemic on its results cannot be reasonably estimated at this time. Demand for its products and services and supply chain are likely to be impacted. The company anticipates expedited freight costs to make up for the disruption in the supply, which will dent margins.
Further, temporary closures owing to restrictions imposed by the governments will hinder this year’s performance. Construction & Forestry segment sales will bear the brunt of weak construction activity and the company’s efforts to lower production this fiscal. Nevertheless, growing U.S farm income bodes well for agricultural equipment demand.
Other noteworthy reports we are featuring today include NVIDIA and NextEra Energy.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: American Tower, Equinix, Deere, NVIDIA and NextEra
For Immediate Release
Chicago, IL – April 1, 2020 – 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 American Tower (AMT - Free Report) , Equinix (EQIX - Free Report) , Deere (DE - Free Report) , NVIDIA (NVDA - Free Report) and NextEra Energy (NEE - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Stock Market Reports for American Tower, Equinix and Deere
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 American Tower, Equinix and Deere. 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 >>>
American Tower’s shares have outperformed the Zacks REIT and Equity Trust industry over the past six months (+1.2% vs. -18.6). The Zacks analyst believes that American Tower is enhancing its macro-tower portfolio and focusing on innovation to capture the underlying opportunities.
Rise in mobile-data usage and higher investments in 4G as well as 5G technology is spurring demand for its telecom towers. Therefore, this will likely drive the company’s leasing activity and organic tenant billings growth in the upcoming period. Moreover, the company is expanding its international presence, which opens up new areas of growth.
Nevertheless, the company has a substantially-leveraged balance sheet. Such high-debt levels might impede cash-flow growth. Additionally, consolidation trends in the telecom sector pose a cause of worry for the company. Furthermore, stiff competition in the tower industry is another concern.
(You can read the full research report on American Tower here >>>)
Shares of Equinix have gained +37.5% over the past year against the Zacks REIT and Equity Trust – Retail industry’s fall of -35.9%. The Zacks analyst believes that a global footprint and solid interconnected ecosystems has helped the company deliver its 17th year of consecutive quarterly revenue growth, though rising debt burden might affect its operating results as interest expenses flare up.
The company recently completed the acquisition of Packet, a leader in the bare metal automation space. Moreover, the company announced that it opened its fourth International business Exchange data center in Melbourne, Australia. The company’s fourth-quarter 2019 results reflect healthy top-line growth.
Amid higher demand from cloud users, it remains committed to expand its International Business Exchange platform. However, consolidation in the telecommunications industry might mar demand for co-location space, hurting its growth.
(You can read the full research report on Equinix here >>>)
Deere’s shares have lost -18% over the past three months against the Zacks Farm Equipment industry’s fall of -20.8%. The Zacks analyst believes that acquisitions, introduction of advanced technologies in its products and efforts to expand in precision agriculture will drive the company’s growth.
Deere has withdrawn fiscal 2020 guidance citing that the impact of the coronavirus pandemic on its results cannot be reasonably estimated at this time. Demand for its products and services and supply chain are likely to be impacted. The company anticipates expedited freight costs to make up for the disruption in the supply, which will dent margins.
Further, temporary closures owing to restrictions imposed by the governments will hinder this year’s performance. Construction & Forestry segment sales will bear the brunt of weak construction activity and the company’s efforts to lower production this fiscal. Nevertheless, growing U.S farm income bodes well for agricultural equipment demand.
(You can read the full research report on Deere here >>>)
Other noteworthy reports we are featuring today include NVIDIA and NextEra Energy.
Zacks Top 10 Stocks for 2020
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2020 today >>
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.