Today's must-read reports are for Facebook (FB), DuPont (DD) and Caterpillar (CAT).
Facebook shares continue to stand out, with the strong earnings power of its franchise getting duly acknowledged. The stock currently has a Zacks Rank #1 (Strong Buy), but the analyst sees the momenum sustaining itself even in the long run given the company's still-growing user base and the monetization potential of Instagram, Oculus, Messenger and WhatsApp. (See the full reserach report on Facebook here )
Completion of DuPont's merger with Dow Chemicals is still some ways off, but the analyst likes the company's strong product portfolio and new product launches. The analyst highlights DuPont's strong balance sheet and committment to shareholder returns. This Zacks Rank #2 (Buy) stock is in the process of a $2 billion share buy-back program and currently pays a 2.26% yielding dividend. (You can see the research report on DuPont here )
Caterpillar shares appear to have finally found a footing after a very long period of losing ground. The uptick in commodity prices has helped improve sentiment, with the stock up almost +12% in the year-to-date period. This favorable momentum notwithstanding, the company is still faced with major headwinds in its business, particulalrly on the mining side. The analyst discusses the pros & cons of investing in Caterpillar at present in the research report. (See t he full research report on Caterpillar here )
Other noteworthy reports today include GlaxoSmithKline (GSK), Pepsi (PEP) and Intel (INTC).
- Here is the research report for Glaxo (GSK)
- Here is the research report for Pepsi (PEP)
- Here is the research report for Intel (INTC)
Director of Research
Today's Must Read
Glaxo will gain from restructuring actions while new products support revenues, according to the covering analyst
The Zacks analyst believes better industry pricing dynamics and positive innovation have driven higher volumes and profits in the region
The covering analyst emphasizes that Intel chips continue to enjoy a monopoly in the data-center business
The Zacks analyst thinks the recent plan to buy PayRock Energy Holdings is a huge positive n
The merger with Hudson City will benefit M&T, but mounting expenses remain headwinds, according to the covering analyst
Expedia's recently released pay and representation data reflects gender pay parity and increased women representation in leadership positions
Hologic's Aptima Zika virus test recently won FDA's EUA, which will boost its share in the molecular diagnostic market, according to the Zacks analyst
The Zacks analyst thinks DISH Network is poised to benefit from Sling TV and higher spends in the digital advertisement space
The covering analyst thinks recent acquisitions have expanded the product portfolio and added a competitive edge
Infrastructural development programs and expansion of operations will help Edison boost its top line, according to the covering analyst
Additionally, Citigroup's net interest income will continue to remain under pressure given the interest rate environment
A long drawn transition to higher-growth markets are not yet yielding enough to offset declines in traditional segments, according to the covering analyst
The Zacks analyst thinks prolonged weakness in Latin-American countries and seasonality in technology spending is hurting SAP
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.