The Zacks Analyst Blog Highlights: Apple, Boeing, Eli Lilly, Caterpillar and Sprint - Press Releases

By Zacks Equity Research,

Shutterstock photo

For Immediate Release

Chicago, IL - April 26, 2012 - 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 Apple ( AAPL ), Boeing ( BA ), Eli Lilly ( LLY ), Caterpillar ( CAT ) and Sprint ( S ).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:

Here are highlights from Wednesday's Analyst Blog:

Durable Goods Down, but Earnings Up

Before Ben Bernanke held a press conference Wednesday afternoon following the two-day FOMC meeting, investors had plenty of news to keep them occupied - from strong earnings reports from a host of blue chip companies, including Apple ( AAPL ), to a downbeat March Durable Goods reading for March.

The Durable Goods miss is disappointing and will likely feed the narrative of a loss of momentum in the economy. The report was expected to show a decline from the February level, but the 4.2% drop on a 'headline' basis was significantly weaker than expected.

This compared to a gain of 1.9% in February, which was revised down from 2.2% originally reported. 'Core' Durable Goods Orders, officially called nondefense capital goods orders ex-aircraft, were also much weaker than expected at down 0.8% after February's 2.8% gain.

This reading raises questions about the health of business spending outlook going forward and will likely be perceived as another sign of loss of momentum in the economy. It will be interesting to see how Ben Bernanke interprets the recent softer run of economic data in this afternoon's press event. But investors expect him to provide enough reassurance on fresh Fed support to keep sentiment high. Disappointment on that count, whether real or perceived, will not go down well.
Of Wednesday morning's major earnings releases, we got positive surprises from Boeing ( BA ), Eli Lilly ( LLY ), Caterpillar ( CAT ) and Sprint ( S ). Caterpillar's raised guidance following the earnings beat on modestly lower than expected revenue is particularly reassuring given the company's substantial emerging market leverage.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: .

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.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today:

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at .

Visit for information about the performance numbers displayed in this press release.

Follow us on Twitter:

Join us on Facebook:

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339

APPLE INC ( AAPL ): Free Stock Analysis Report
BOEING CO ( BA ): Free Stock Analysis Report
CATERPILLAR INC ( CAT ): Free Stock Analysis Report
LILLY ELI & CO ( LLY ): Free Stock Analysis Report
SPRINT NEXTEL ( S ): Free Stock Analysis Report
To read this article on click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Stocks
Referenced Stocks: AAPL , BA , CAT , LLY , S

More from


Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by