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The Zacks Analyst Blog Highlights: Caterpillar, Intel, Monsanto, General Motors and Raytheon

For Immediate Release

Chicago, IL – June 22, 2017 – 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 Caterpillar (NYSE: CAT – Free Report ), Intel (NASDAQ: INTC – Free Report ), Monsanto (NYSE: MON – Free Report ), General Motors (NYSE: GM – Free Report ) and Raytheon (NYSE: RTN – Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for Caterpillar, Intel & Monsanto

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 Caterpillar (NYSE: CAT – Free Report ), Intel (NASDAQ:INTC – Free Report ) and Monsanto (NYSE: MON – Free Report ). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

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You can see all of today’s research reports here >>>

Strong Buy rated Caterpillar's shares have gained +15.4% year-to-date, underperforming the Zacks Manufacturing - Construction and Mining industry which has increased +14.1% over the same period. Caterpillar’s May sales rose 8%, an improvement from 1% growth witnessed in the last two months thanks to continual improvement in Asia Pacific.

Caterpillar guides revenues in the range of $38–$41 billion and earnings of $3.75 per share for 2017, a 2% and 10% year–over-year growth, respectively. Recently, it announced a 1.3% hike in quarterly dividend, a move that reflects its balance sheet strength which has once again enabled it to deliver incremental returns to shareholders.

In construction, Asia Pacific is showing promise while leading indicators of U.S. non-residential construction signal robust conditions ahead. The Zacks analyst stresses that Caterpillar continues to cut down costs to counter weak demand and will gain immensely from Trump’s $1 trillion infrastructure spend plan.

(You can read the full research report on Caterpillar here >>> ) .

Shares of Intel have gained only +0.4% since election results were announced on Nov 8, lagging the broader Tech sector (up +15.8%) as well as the red-hot semiconductors space (up +24%). Top-PC makers like HP, Lenovo, and Asus are set to launch PCs based on Qualcomm’s ARM-based Snapdragon processor, which intensifies competition for Intel.

Additionally, increasing competition from AMD is also a headwind. Moreover, PC shipments are expected to remain sluggish due to increasing DRAM and NAND prices, which will hurt Intel’s top-line growth going ahead in 2017. Nevertheless, the Zacks analyst thinks IBM’s upcoming launch of Skylake will drive data center results in the second half.

The company revised its 2017 revenue and EPS outlook upward based on improving average selling price (ASP). Further, anticipated improvement in cost structure and lower spending, primarily due to improving operational efficiency will aid in expansion of margins going forward. Additionally, aggressive share buyback will boost the bottom line in 2017.

(You can read the full research report on Intel here >>> ) .

Monsanto ’s shares have outperformed the Zacks Agricultural/Products industry over the last three months, gaining +3.9% vs. +2.9%. The company reported better-than-expected fiscal second-quarter 2017 results. The Zacks analyst thinks increasing demand for crop-yield enhancing products, stronger innovation and success of Bayer’s buyout deal will bolster Monsanto’s top- and bottom-line performance in the quarters ahead.

However, stiff rivalry within the seeds, traits and agricultural chemical industry exposes the company to risks of market share loss. Moreover, a stronger U.S. dollar or weaker pricing conditions might weigh over the company’s near-term results. Over the last 30 days, estimates have remained unchanged for fiscal 2017 but moved north for fiscal 2018.

(You can read the full research report on Monsanto here >>> ) .

Other noteworthy reports we are featuring today include General Motors (NYSE:GM – Free Report ) and Raytheon (NYSE: RTN – Free Report ).

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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