Top Research Reports For AT&T, Schlumberger & General Dyanmics
Zacks Investment Research | Oct 17, 2016 12:26AM ET
Monday, October 17, 2016
Today's Research Daily features new research reports on 16 major stocks, including AT&T (NYSE:T), Schlumberger (SLB) and General Dynamics (NYSE:GD).
AT&T shares have struggled over the last couple of months as market participants have shifted their attention away from telecom, utilities and other high dividend paying stocks. But the stock is still up an impressive 14% year-to-date and should form a core holding in most long-term portfolios for its stable and relatively low-risk business model, strong balance sheet and attractive dividend (currently yields 4.9%). The analyst explains the pros & cons of investing in AT&T shares at this stage in the updated research report issued today. (You can )
Schlumberger shares have benefited from the recent momentum in oil prices - the stock is up more than 16% year-to-date, roughly in-line with the Zacks Energy sector as a whole in that time period. The Zacks analyst likes this oilfield services leader for its excellent track record of earnings surprises, financial strength and technological leadership, with the Schlumberger-Cameron merger expected to further drive technology-driven growth. The company’s focus on international markets deserves appreciation as these markets offer lucrative returns from multiple projects that require the technology and services provided by the company. (You can read the full research report on Schlumberger here>> .)
General Dynamics shares have handily outperformed the Zacks Aerospace & Defense sector, with the stock up more than 10.2% year-to-date vs 1.9% gain for the sector in that time period. The analyst likes its recent contract wins, such as the $125.6 million contract to offer program management and system support for Rescue 21, the U.S. Coast Guard's advanced communications system. Going ahead, General Dynamics expects to see solid growth momentum post 2017, following the introduction of the G500 in 2018, major revenue recognition from Combat Systems’ huge backlog and the Ohio-class Replacement (ORP) submarine program. However, competition and possibility of defense budget cuts remain major headwinds. (You can )
Other noteworthy reports we are featuring today include eBay (EBAY), Electronic Arts (NASDAQ:EA), and Honeywell (HON).
You can find all of today's stock research reports >>
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Today's Must Read/h6
Featured Reports/h6
The Zacks analyst is bullish on AngioDynamics' Q1 strong performance in the peripheral business segment and strong guidance. The regulatory approval for VOLTA in Japan is also very encouraging.
The Zacks analyst is bullish on McCormick's Q3 strong results and raised guidance. Increased focus on acquisitions, pricing, innovation, brand marketing support and cost saving measures are appealing.
The covering analyst believes that growing competition and dependence on Google (NASDAQ:GOOGL) are the major concerns for eBay. Major counter strategies include focus on artificial intelligence and acquisitions.
According to the Zacks analyst, expansion of the On-Demand food delivery service and campaigns like #BuyDealsGiveMeals will improve Groupon's brand visibility as well as customer base.
The Zacks analyst believes that robust capital and liquidity position will provide support in undertaking strategic initiatives to fuel performance.
The Zacks analyst thinks the decision to divest the leasing business is in sync with its plan to simplify operations.
The Zacks analyst believes Exelon will gain from strategic investments made to strengthen its infrastructure and expand operations.
The Zacks analyst is bullish on AngioDynamics' Q1 strong performance in the peripheral business segment and strong guidance. The regulatory approval for VOLTA in Japan is also very encouraging.
The Zacks analyst is bullish on McCormick's Q3 strong results and raised guidance. Increased focus on acquisitions, pricing, innovation, brand marketing support and cost saving measures are appealing.
The covering analyst believes that growing competition and dependence on Google (NASDAQ:GOOGL) are the major concerns for eBay. Major counter strategies include focus on artificial intelligence and acquisitions.
According to the Zacks analyst, expansion of the On-Demand food delivery service and campaigns like #BuyDealsGiveMeals will improve Groupon's brand visibility as well as customer base.
The Zacks analyst believes that robust capital and liquidity position will provide support in undertaking strategic initiatives to fuel performance.
The Zacks analyst thinks the decision to divest the leasing business is in sync with its plan to simplify operations.
The Zacks analyst believes Exelon will gain from strategic investments made to strengthen its infrastructure and expand operations.
New Upgrades/h6
The Zacks analyst opines that growing digital business and strong pipeline of new releases will boost revenues going ahead. But competitive and hit driven nature of video game industry begets caution.
The covering analyst thinks Royal Dutch Shell is poised to achieve significant share price appreciation following the recent OPEC deal and the subsequent advancement of crude oil.
Domino's digital ordering system, focus on re-imaging and other sales initiatives are expected to help sustain the comps momentum and aid in countering macroeconomic woes, per the Zacks analyst.
The Zacks analyst opines that growing digital business and strong pipeline of new releases will boost revenues going ahead. But competitive and hit driven nature of video game industry begets caution.
The covering analyst thinks Royal Dutch Shell is poised to achieve significant share price appreciation following the recent OPEC deal and the subsequent advancement of crude oil.
Domino's digital ordering system, focus on re-imaging and other sales initiatives are expected to help sustain the comps momentum and aid in countering macroeconomic woes, per the Zacks analyst.
New Downgrades/h6
The Zacks analyst believes that generics, pricing pressure and a volatile business environment in the diabetes care business will adversely impact the company's top line.
Agnico Eagle is exposed to volatility in gold prices and the recent pullback in prices poses a concern, per the covering analyst. It also faces currency translation and project execution risks.
Honeywell is susceptible to material price inflation and adverse foreign currency translations, which in turn affect its profitability. High R&D costs also remain a drag on its operating margin.
The Zacks analyst believes that generics, pricing pressure and a volatile business environment in the diabetes care business will adversely impact the company's top line.
Agnico Eagle is exposed to volatility in gold prices and the recent pullback in prices poses a concern, per the covering analyst. It also faces currency translation and project execution risks.
Honeywell is susceptible to material price inflation and adverse foreign currency translations, which in turn affect its profitability. High R&D costs also remain a drag on its operating margin.
Zacks Investment Research
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