Top Research Reports for January 12, 2017

An image of a pair of glasses on a newspaper
Credit: Shutterstock photo

Thursday, January 12, 2017

Today's Research Daily features new research reports on 16 major stocks, including Goldman Sachs (GS), Canadian National Railway (CNI) and Boeing (BA).

Goldman Sachs shares performed impressively over the past three months on the back strong rally witnessed by the financial sector since the election result day. Factors including favorable economic growth forecasts, first rate hike over the past one year period and expectation of faster rate of increase in rates this year benefitted the company.

Since the election result day (Nov 8), shares of Goldman Sachs surged +46.8%, compared to 34.8% gain for Investment Bank industry during the same time frame. Well-diversified business and its focus to capitalize on growth opportunities will continue to boost the stock. Hence, the analyst believes that this Strong Buy-rated stock still have some rooms to surge further despite the strong rally.(You can read the full research report on Goldman Sachs here>>> )

Canadian National Railway shares have done really well since the election and have also posted healthy gains last year, but it failed to outperform the Zacks Rail industry narrowly. Estimates for the company's fourth quarter earnings are gradually increasing over the past few days as it is preparing to report the same on Jan 24.

The analyst expects this Buy-rated stock to get a significant boost during the fourth quarter from better grain production and a possible increase in coal volumes. The company's efforts to control costs and Trump's support for coal are also expected to help the company to register healthy gains in near future.(You can read the full research report on Canadian National Railway here >>> )

Boeing shares have surged 24.4% over the past one-year period, outperforming the Zacks Aerospace & Defense industry, which gained 20.7% during the same time period. Rising demand for its commercial airplanes on the back of steady improvement in passenger and freight traffic remained as the major factor behind the surge in Boeing shares.

The analyst also likes the company's latest expansion on the international front, apart from its strong presence in the domestic aviation market. However, challenges including uncertain fate of high-cost programs, risks related to key project executions, order cancellations as well as stiff competition might have a negative impact on the company.(You can read the full research report on Boeing here>>> )

Other noteworthy reports we are featuring today include General Motors (GM), Thermo Fisher Scientific (TMO) and Southern Co (SO).

Free Access: All Zacks Research Reports

Starting today, you are invited to download in-depth analysis reports covering more than 1,000 of the most widely followed stocks. Valued at $25 each, they are yours to consult over the next 30 days absolutely free. They feature sensitive Zacks Rank information on each stock that you won't find anywhere else. See the reports free >>

Mark Vickery

Senior Editor

Note:If you want an email notification each time Zacks Director of Research Sheraz Mian publishes a new article, please click here >>>

Today's Must Read

Goldman (GS) Depict Prudent Cost Control; Solid Capital Base

Canadian National's (CNI) Expense Management Impresses

Boeing (BA) Benefits from Enormous Flow of Contracts

Featured Reports

Tenneco (TEN) Provides 2017 Revenue & Production Outlook

Tenneco expects to surpass the light vehicle industry production by 4 percentage points in 2017 and strong increase in revenue.

Thermo Fisher (TMO) Up on Innovation, Expansion, Woes Remain

Per the Zacks analyst, Thermo Fisher continues to get a boost from innovation and emerging market growth. Legal snag and currency woe remain.

Progressive (PGR) Premium On The Rise

The covering analyst believes Progressive's expanded multi-product offering will continue to drive premiums higher.

Expedia's (EXPE) Investments, Lack of ADR Growth Hit Margins

The Zacks analyst believes that increased investments and lack of ADR growth in emerging markets will affect Expedia's margins.

General Motors (GM) Provides 2017 View & Boosts Buyback

The covering analyst thinks that strong performance in North America, China & GM Financial will boost the company this year. Also, share repurchase authorization will enhance shareholders value.

Morgan Stanley (MS) Poised for Growth on Cost Saving Efforts

Per the Zacks analyst, Morgan Stanley's cost control initiatives by lowering infrastructure expenses are commendable.

Hold Southern Company (SO) for Its Reliable Income Stream

The Zacks analyst expects Southern Co to generate steady earnings and dividend growth in the coming years.

New Upgrades

ARIAD (ARIA) Gains on Acquisition Deal with Takeda

The Zacks analyst is positive on the acquisition of ARIAD, which has often been considered a lucrative takeover target, by Japanese firm Takeda for $5.2 billion.

Check Point (CHKP) to Gain from Product Upgrades and Buyouts

According to the covering analyst, Check Point's sustained focus on product refreshes, better mobile capabilities and acquisitions will drive growth over the long run.

Spirit Airlines (SAVE) December Traffic Rises 12.5%

The Zacks analyst is impressed by the significant rise in December traffic at Spirit Airlines. Moreover, the company's efforts to expand its operations are encouraging.

New Downgrades

Macerich (MAC) Faces Tough Competition from Online Sales

According to the Zacks analyst, intense competition from online channels is likely to hit the business retail REITs, including Macerich, adversely.

Equinix's (EQIX) Operating Results to be Hurt by High Debt

The new borrowing has brought Equinix's total debt outstanding to over $8 billion. Per the covering analyst, a growing debt burden will affect its operating results as interest expenses would go up.

Potash Corp. (POT) Faces Pricing Woes, Market Headwinds

The Zacks analyst thinks that weak potash and nitrogen prices may hurt the company's results in Q4. It also faces soft agriculture market fundamentals and weakness across certain consumer markets.

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

Thermo Fisher Scientific Inc (TMO): Free Stock Analysis Report

Southern Company (The) (SO): Free Stock Analysis Report

Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report

General Motors Company (GM): Free Stock Analysis Report

Canadian National Railway Company (CNI): Free Stock Analysis Report

Boeing Company (The) (BA): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

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.

In This Story


Other Topics


Latest Markets Videos