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.
FedEx shares jumped in response to the strong quarterly report where they beat estimates and raised guidance despite subdued commentary about the macro backdrop. Strong sales at the company’s express, ground and freight divisions as well as the inclusion of results of TNT Express boosted the top line. While management needs to provide more details about the TNT acquisition, but the Zacks analyst likes the purchase since it significantly expands FedEx’s scale of operations, particularly in Europe. These results show that the integration process is off to a promising start, but one can easily envision bumps over the coming quarters. The ecommerce leverage is the most important aspect of the FedEx story. (You can read the full research report on FedEx here>>)
NIKE’s shares have lagged the broader market this year on growing competition in the space from Under Armour and Adidas. While a strong performer from the bottom line perspective, Nike’s top line has been missing estimates for quite some time due to adverse currency movements. Evidently, the company expects lingering currency woes to hurt revenues in first-half fiscal 2017. However, the analyst likes Nike’s customer-centric approach, innovative products and strong portfolio. This, along with the desire for increasing its global footprint, popularity and market share demonstrates its growth appetite. You can read the full research report on NIKE here>>)
Yum! Brands' continued momentum (the stock is up 22% year-to-date) reflects its robust performance in the domestic market and many key international markets. The analyst likes the company’s efforts to capitalize on high-growth emerging markets. Yum! has raised its profit outlook – for the second time this year -- mainly encouraged by strong first-half results and the current profitability trends in China. However, a slowdown in some of the key emerging markets, negative currency translation along with intense competition raises concern. (You can read the full research report on Yum! Brands here>>)
Confidential: Best Trades from Zacks Research Would you like to see a hand-picked "all-star" selection of investment ideas from the man who heads up Zacks' trading and investing services? Steve Reitmeister knows when key trades are about to be triggered and which of our experts has the hottest hand. Click for his prized selections right now >>
You can find all of today's stock research reports here>>
Sheraz Mian
Director of Research
Note: If you want an email notification each time Sheraz publishes a new article, pleaseclick here>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
New Research Reports for FedEx, Nike & Yum!
Wednesday, September 22, 2016
Today's Research Daily features new research reports on 16 major stocks, including FedEx (FDX - Free Report) , NIKE (NKE - Free Report) and Yum! Brands (YUM - Free Report) . These reports have been handpicked from the roughly 70 research reports issued by our analyst team today. You can see the complete list of research reports issued today here >>>
FedEx shares jumped in response to the strong quarterly report where they beat estimates and raised guidance despite subdued commentary about the macro backdrop. Strong sales at the company’s express, ground and freight divisions as well as the inclusion of results of TNT Express boosted the top line. While management needs to provide more details about the TNT acquisition, but the Zacks analyst likes the purchase since it significantly expands FedEx’s scale of operations, particularly in Europe. These results show that the integration process is off to a promising start, but one can easily envision bumps over the coming quarters. The ecommerce leverage is the most important aspect of the FedEx story. (You can read the full research report on FedEx here>>)
NIKE’s shares have lagged the broader market this year on growing competition in the space from Under Armour and Adidas. While a strong performer from the bottom line perspective, Nike’s top line has been missing estimates for quite some time due to adverse currency movements. Evidently, the company expects lingering currency woes to hurt revenues in first-half fiscal 2017. However, the analyst likes Nike’s customer-centric approach, innovative products and strong portfolio. This, along with the desire for increasing its global footprint, popularity and market share demonstrates its growth appetite. You can read the full research report on NIKE here>>)
Yum! Brands' continued momentum (the stock is up 22% year-to-date) reflects its robust performance in the domestic market and many key international markets. The analyst likes the company’s efforts to capitalize on high-growth emerging markets. Yum! has raised its profit outlook – for the second time this year -- mainly encouraged by strong first-half results and the current profitability trends in China. However, a slowdown in some of the key emerging markets, negative currency translation along with intense competition raises concern. (You can read the full research report on Yum! Brands here>>)
Other noteworthy reports we are featuring today include Adobe (ADBE - Free Report) , JPMorgan (JPM - Free Report) and Pepsi (PEP - Free Report) .
Confidential: Best Trades from Zacks Research
Would you like to see a hand-picked "all-star" selection of investment ideas from the man who heads up Zacks' trading and investing services? Steve Reitmeister knows when key trades are about to be triggered and which of our experts has the hottest hand. Click for his prized selections right now >>
You can find all of today's stock research reports here>>
Sheraz Mian
Director of Research
Note: If you want an email notification each time Sheraz publishes a new article, please click here>>>