For Immediate Release
Chicago, IL - Dec 4, 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 JPM , DeereDE , VMwareVMW , Principal FinancialPFG and FortiveFTV .
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 Stock Reports for JPMorgan, Deere & VMware
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 JPMorgan, Deere and VMware. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
JPMorgan 's shares have outperformed the Zacks Major Regional Banks industry over the past six months (up +26.5% vs. +18.1%). This price performance is backed by impressive earnings surprise history, with the company having surpassed expectations in all the trailing four quarters.
The Zacks analyst likes the bank's efforts to control expenses. Combined with the improved rate scenario and rising loan demand, these initiatives should continue to benefit JPMorgan's financials. Given its solid liquidity position, the company is expected to continue enhancing shareholder value through efficient capital deployment activities.
However, the company faces persistent fee income growth challenges, mainly due to slowdown in trading activities and dismal capital markets performance. Also, legal expenses are expected to continue lingering in the near-term.
Shares of Strong Buy-rated Deere shares have surged +47.7% over the last one year, outperforming the Zacks Farm Equipment industry, which has gained +42.7% over the same period. Deere's top and bottom lines witnessed year-over-year growth in fourth-quarter fiscal 2017, beating expectations on both counts.
Deere projects total equipment sales to climb nearly 38% year over year in first-quarter fiscal 2018 and 22% in fiscal 2018 compared with the year-ago periods. The Zacks analyst likes Deere's disciplined cost management and continued investment in innovative technology and solutions.
Higher housing starts in the United States and an improving oil and gas sector bode well for the company. Recovery in the dairy and livestock sectors will drive growth in the EU28 region. Further, Deere's acquisition of Blue River Technology and the pending Wirtgen acquisition remain tailwinds.
(You can read the full research report on Deere here >>> ).
VMware 's shares have gained +52.6% year to date, outperforming the Zacks Software industry which is up +36.1% over the same period. VMware's strong third-quarter fiscal 2018 results can be attributed to robust performance of its product offerings like NSX, vSphere and vSAN.
The Zacks analyst thinks expanding product portfolio, partnerships with the likes of Intel, IBM, Amazon, Samsung, Fujitsu, Pivotal, Alphabet, and Microsoft along with continuing enterprise deal wins will drive results in the rest of fiscal 2018. Moreover, aggressive share repurchase will support bottom-line. However, several of the growth engines that the company is relying on could take longer to yield results.
Heavy spending on R&D may weigh on its margins in the near future. Moreover, intensifying competition from Microsoft and Citrix Systems remains a major headwind in the near term.
(You can read the full research report on VMware here >>> ).
Other noteworthy reports we are featuring today include Principal Financial and Fortive.
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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.
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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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