Back to top

Image: Bigstock

Top Research Reports for JPMorgan, Intel & Home Depot

Read MoreHide Full Article

Monday, December 19 2016

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan (JPM - Free Report) , Intel (INTC - Free Report) and Home Depot (HD - Free Report) . You can see all of today's analyst reports here >>>

JPMorgan shares had lagged the S&P 500 index through the November 8th election, but the stock has been a standout performer since then; the stock is up an impressive +21.3% since election day vs. +5.2% gain for the index as a whole. Driving this momentum is the combination of rising interest rates, an improved outlook for the U.S. economy and the company's well-earned reputation for operating excellence. JPMorgan reports Q4 results on January 13th, with Zacks Consensus estimates of $1.43 on $23.4 billion in revenues. Estimates have been steadily going up lately, reflecting the improved outlook for the bank's profitability. (You can read the full research report on JPMorgan here>>>)

Intel shares have lagged the broader Tech sector this year, with the stock up +5.4% in the year-to-date period vs. + 8.9% gain for the sector. The sector hasn't participated in the post-election rally as investment flows have moved into other parts of the market. Continued weakness in the PC space, greater competition from ARM-based chips and major customers like Google looking for alternatives are some of the headwinds for Intel. But the Zacks analyst sees the Data center business as promising. Also, while the broader product and price range, greater integration in products, process technology lead, and Win 10-related PC refresh can help the client business(You can read the full research report on Intel here>>>)

Home Depot shares have underperformed the Zacks Retail sector this year, gaining +2.2% over the period versus the sector’s +4% gain in the year-to-date period. However, it has outperformed the sector since the election on the back of solid execution and consistent housing market recovery. The analyst likes Home Depot’s focus on developing merchandising tools, which, along with investment in building its interconnected capabilities is expected to boost its top line, and enhance market share. The company is on track to achieve its long-term dividend payout, share repurchase and return on investment targets. However, intense competition and a soft economic recovery may prove deterrents, pushing back home improvement projects. (You can read the full research report on Home Depot here>>>)

Other noteworthy reports we are featuring today include Constellation Brands (STZ - Free Report) , Chipotle Mexican Grill (CMG - Free Report) and Philip Morris (PM - Free Report) .

Today's Long-Term Buys & Sells
Today you can gain access to the best long-term trades unearthed by Zacks Research. These moves have double and triple-digit profit potential and are rarely available to the public. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this private information? Click here >>

Sheraz Mian

Director of Research

Note: If you want an email notification each time Sheraz publishes a new article, please click here>>>

Published in