Advertisement
Singapore markets close in 6 hours 3 minutes
  • Straits Times Index

    3,290.50
    +2.75 (+0.08%)
     
  • Nikkei

    37,780.35
    +151.87 (+0.40%)
     
  • Hang Seng

    17,571.65
    +287.11 (+1.66%)
     
  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     
  • Bitcoin USD

    64,501.50
    +272.06 (+0.42%)
     
  • CMC Crypto 200

    1,391.23
    +8.66 (+0.63%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,344.60
    +2.10 (+0.09%)
     
  • Crude Oil

    83.76
    +0.19 (+0.23%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • FTSE Bursa Malaysia

    1,572.36
    +3.11 (+0.20%)
     
  • Jakarta Composite Index

    7,110.60
    -44.69 (-0.62%)
     
  • PSE Index

    6,553.97
    -20.91 (-0.32%)
     

The Zacks Analyst Blog Highlights: JPMorgan, Caterpillar, Broadcom, Mondelez and Becton Dickinson

For Immediate Release

Chicago, IL –March 06, 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 JPMorgan (NYSE: JPM – Free Report ), Caterpillar (NYSE: CAT – Free Report ) and Broadcom (NASDAQ: AVGO – Free Report ), Mondelez (NASDAQ: MDLZ – Free Report ) and Becton, Dickinson (NYSE: BDX – Free Report ).

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

Here are highlights from Friday’s Analyst Blog:

Top Research Reports for Monday: JPM, CAT, AVGO

Today's Research Daily features new research reports on 16 major stocks, including JPMorgan (NYSE: JPM – Free Report ), Caterpillar (NYSE: CAT – Free Report ) and Broadcom (NASDAQ: AVGO – Free Report ).

ADVERTISEMENT

JPMorgan shares have gained +37.2% over the past six months vs. +33.1% gain for the Major Banks industry. The company’s fourth-quarter earnings handily surpassed expectations, on the back of improved trading and mortgage banking fees. The company remains well positioned to benefit from the improved rate scenario and rising loan demand.

Synergies from retail banking performance and cost-containment efforts will help improving its profitability, going forward. However, a persistent fee income growth challenge remains a major headwind. Also, litigation hassles remain a concern. (You can read the full research report on JPMorgan here . )

Caterpillar shares have gained +2.8% year-to-date, underperforming the Zacks Manufacturing - Construction and Mining industry which has increased +5.8% over the same period. Caterpillar’s guidance for 2017 reflects a 15% drop in earnings and a 3% dip in revenues. Further, results will be impacted by unfavorable sales mix, labor cost inflation and a lower backlog. 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. However, Caterpillar is currently facing a federal probe regarding export filings related to its Swiss subsidiary CSARL. If the allegations are proved true, it will negatively impact the company. (You can read the full research report on Caterpillar here. )

Broadcom ’s shares have handily beaten the technology sector as well as the red-hot semiconductor space in the year-to-date period, gaining +23.7%. The Zacks analyst likes the synergistic benefits gained from the merger with Avago, which will drive future profitability. This was evident from the recently announced first-quarter fiscal 2017 results. Management reiterated its long-term view based on the synergies from Avago and Brocade acquisitions.

The company’s divestiture of some of Brocade’s assets to ARRIS International will accelerate the acquisition process as well as lower leverage. However, weakness in wireless and enterprise storage businesses is also a major concern. (You can read the full research report on Broadcom here. )

Other noteworthy reports we are featuring today include Mondelez (NASDAQ: MDLZ – Free Report ) and Becton, Dickinson (NYSE: BDX – Free Report ).

Today's Private Buys & Sells from Zacks Research
While we share the above news with the public, our sensitive recommendations are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >>

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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 >>.

Get the full Report on JPM – FREE

Get the full Report on CAT – FREE

Get the full Report on AVGO – FREE

Get the full Report on MDLZ – FREE

Get the full Report on BDX – FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://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

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


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
J P Morgan Chase & Co (JPM): Free Stock Analysis Report
 
Caterpillar, Inc. (CAT): Free Stock Analysis Report
 
Broadcom Limited (AVGO): Free Stock Analysis Report
 
Mondelez International, Inc. (MDLZ): Free Stock Analysis Report
 
Becton, Dickinson and Company (BDX): Free Stock Analysis Report
 
To read this article on Zacks.com click here.