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The Zacks Analyst Blog Highlights: Bank of America, Intel, Skyworks, Dean Foods and CSX

For Immediate Release

Chicago, IL - January 23, 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 Bank of America (NYSE: BAC - Free Report ), Intel (NASDAQ: INTC - Free Report ), Skyworks (NASDAQ: SWKS - Free Report ), Dean Foods (NYSE: DF - Free Report ) and CSX Corp (NASDAQ: CSX - 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:

Q4 Earnings Scorecard and Reports on Intel, Bank of America

Today's Research Daily features the updated scorecard for the Q4 earnings season and new research reports on 16 major stocks, including Bank of America (NYSE: BAC - Free Report ) and Intel (NASDAQ: INTC - Free Report ). To see all of today's research reports, click here >>>

Q4 Earnings Scorecard : We now have Q4 results from 63 S&P 500 members that combined account for 19.1% of the index's total market capitalization. The reporting cycle ramps materially next week, with more than 100 S&P 500 members posting numbers. Total earnings for the 63 index members that have reported are up +4.7% on +2.7% higher revenues, with 66.7% beating EPS estimates and 50.8% beating revenue estimates. Other than positive EPS surprises that are currently tracking below the proportion we have been seeing from the same group of 63 index members, the 2016 Q4 results thus far represent an improvement over other recent historical periods in all respects.

Buy rated Bank of America 's fourth-quarter 2016 earnings outpaced the Zacks Consensus Estimate, driven by impressive growth in trading revenue and mortgage banking fees. The company's shares have been one of the biggest beneficiaries of the changed macro backdrop following the election, which includes expectations of faster economic growth and overhaul of the country's tax and regulatory systems. No doubt, Bank of America shares have been strong performers since the election - up +32.5% since November 8th vs. +19.8% gain for the Zacks Major Banks industry in that time period, but the analyst still sees plenty of upside in this Buy-rated stock. (You can read the full research report on Bank of America here >> )

Intel, which reports Q4 results after the market's close on Thursday, January 26th, has performed in-line with the broader Tech sector, but lagged the red-hot semiconductors space. Continued weakness in the PC space, greater competition from ARM-based chips and major customers like Google looking for alternatives are some of the headwinds for Intel. But the Zacks analyst sees the Data center business as promising. Also, while the broader product and price range, greater integration in products, process technology lead, and Windows 10-related PC refresh can help the client business.(You can read the full research report on Intel here >> )

Other noteworthy reports we are featuring today include Skyworks (NASDAQ: SWKS - Free Report ), Dean Foods (NYSE: DF - Free Report ), CSX Corp (NASDAQ: CSX - Free Report ).

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

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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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Bank of America Corp. (BAC): Free Stock Analysis Report

Intel Corp. (INTC): Free Stock Analysis Report

Skyworks Solutions Inc. (SWKS): Free Stock Analysis Report

Dean Foods Co. (DF): Free Stock Analysis Report

CSX Corp. (CSX): 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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