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Top Research Reports for December 28, 2016

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Wednesday, December 28, 2016

Today's Research Daily features new research reports on 16 major stocks, including Celgene , 21st Century Fox (FOXA - Free Report) and Prudential (PRU - Free Report) .

Shares of Celgene has lost 0.7% year to date, outperforming the Zacks Medical - Biomedical and Genetics sector which has lost 25.2% over the same period. Celgene and other drug makers’ shares have remained under pressure given ongoing questions about pricing issues and other regulatory uncertainties.

These issues notwithstanding, Celgene’s multiple myeloma drug Revlimid continues to grow on the back of market share gains and increased duration. The analyst likes Celgene’s ongoing label expansion efforts and pipeline development. The company anticipates several pipeline-related events over the upcoming quarters and next few years. Celgene’s raised and updated its expectations for both 2016 and 2017, are also encouraging. (You can read the full research report on Celgene here.)

Buy rated 21st Century Fox shares have increased 4.5% year to date, widely outperforming the Zacks Film and Television Production and Distribution sector, which has lost 1.5% over the same period. The analyst likes the company’s Cable Network Programming, which has been its driving force, backed by rising affiliate fees.

Earlier, the company said that the pace of affiliate fees will accelerate in the back half of the fiscal year as 15–20% of the company’s domestic subscribers will be up for annual renewal in couple of years. Moreover, increase in content revenues at the Filmed Entertainment segment is also boosting the company’s overall performance. (You can read the full research report on 21st Century Fox here.)

Buy rated Prudential shares have gained 30.5% year to date, widely outperforming the Zacks Insurance - Multi line sector, which has gained 12.7% over the same period. The analyst likes its high performing asset management business, widespread international operations and deeper reach in the pension risk transfer market. It has been growing its pension risk transfer business and has more than $75 billion in pension account values.

Expanded international presence, mainly in Japan, Korea and China, provides it with better organic growth opportunities than peers. A strong balance sheet and efficient capital management are other tailwinds. (You can read the full research report on Prudential here.)

Other noteworthy reports we are featuring today include Royal Dutch Shell , Amazon (AMZN - Free Report) and Exelon (EXC - Free Report) .

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Mark Vickery

Senior Editor

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