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New Stock Research Reports for June 22, 2016

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Tuesday, June 22, 2016

Today's must-read reports are for Ford Motor Company (F), Manulife Financial (MFC) and Tesla Motors (TSLA)

Manulife Financial has moved up to Zacks Rank # 1 (Strong Buy) as analysts are raising their estimates for this year and next. Driving this improving earnings outlook is Manulife's opportunistic acquisitions and positive momentum in the company's Asia business, particulalry on the asset management side. (You can read the full research report on Manulife Financial here )

Ford Motor shares have lagged the broader market lately, but they have done better relative to General Mortors (GM). The automakers' weak stock market performance, despite record U.S. sales, reflects investors' skepticism of further upside from current levels. The analyst disucusses the pros and cons of the Ford story, but likes the company's product launches, global expansion, efficient capital deployment and solid long-term outlook. (You can read the full research report on Frod Motor Company here )

Tesla shares are getting pummeled today on the SolarCity (SCTY) news, with many skeptical of the wisdom of combining these two companies and creating what Elon Musk called an integrated alternative energy company. Tesla investors are justifiably concerned that the deal will distract the company from its existing operational challenges and further stress its tenous financials. Tesla shares currently have Zacks Rank # 4 (Sell), as analysts have been cutting their estimates for this year and next. Please note that Tesla and SolarCity are both loss-making businesses. (You can read the full report on Tesla Motors here )

Other noteworthy reports on today's line-up include Apple (AAPL), Alphabet (GOOGL) and Starbucks (SBUX)

You can find all of today's stock research reports here .

Today's Must Read

Global Expansion, Product Launches Offset Ford's (F) Headwinds

Manulife's (MFC) Asset Management Biz Grows With European Expansion

No One Likes Tesla's (TSLA) SolarCity Purchase

Featured Reports

Apple (AAPL) Retail Stores Plan for India gets a Boost

Changes in Indian FDI norms will make it possible for Apple to set up its own retail stores in the country

Philips (PHG) Boosts Pathology Portfolio with Strategic Buy

The analyst believes the recent PathXL acquisition will complement its IntelliSite Pathology Solutions portfolio

Will Host Hotels' (HST) Strategy of Asset Disposition Pay?

Host Hotels has undertaken a strategic capital-recycling program but earnings may get diluted

Huntington's (HBAN) Merger Deal on Track

The company's merger deal with FirstMerit Corp. will aid Huntington to foray into Illinois and Wisconsin markets, according to the covering analyst

Innovation May Help Whirlpool (WHR) Battle Weak Revenues

The Zacks analyst thinks the company will be able to combat foreign currency headwinds and weak emerging market demand with its focus on innovationn

Innovate-to-Elevate Strategy Boosts Hanesbrands' (HBI) Profits

This strategy of focusing on value-added and high-margin items supplied at lower costs is helping the company increase its profit margin, according to the covering analyst

2016 Outlook Raises Hopes for Stryker (SYK)

The analyst discusses the pros & cons of investing in Stryker shares at present.

New Upgrades

General Motors (GM) Gains on Strategic Initiatives

The Zacks analyst believes GM will gain from new contracts & initiatives to make its vehicles more advanced, safer and fuel efficient

Digital Initiatives to Support Starbucks'(SBUX) Growth

The covering analyst stresses that digital initiatives like mobile order/pay, delivery services and third-party loyalty partnerships will drive growth for the company

Stanley Black & Decker (SWK) Offers Solid Growth Prospects

According to the Zacks analyst, the company's strategy of shifting its business portfolio toward favored growth markets is a major positive

New Downgrades

Alphabet (GOOGL) Hit by Competition and Regulatory Scrutiny

Intense competition and frequent regulatory scrutiny are currently key negatives for Google, according to the covering analyst

Multiple Operating Risks Could Still Hurt General Electric (GE)

The Zacks analyst thinks the company is still susceptible to operational execution risks despite taking steps to limit its financial exposure

Margin Pressures & Gasoline Stockpile Weigh on Valero (VLO)

The covering analyst thinks a large gasoline stockpile, low margins, and year-over-year lower crack spread remain major challenges

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

TESLA MOTORS (TSLA): Free Stock Analysis Report

STARBUCKS CORP (SBUX): Free Stock Analysis Report

MANULIFE FINL (MFC): Free Stock Analysis Report

ALPHABET INC-A (GOOGL): Free Stock Analysis Report

GENERAL MOTORS (GM): Free Stock Analysis Report

FORD MOTOR CO (F): Free Stock Analysis Report

APPLE INC (AAPL): Free Stock Analysis Report

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


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

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