Top Research Reports For Shell, Alibaba & Kraft Heinz
Zacks Investment Research | Nov 08, 2016 12:21AM ET
Tuesday, November 8 2016
Today's Research Daily features new research reports on 16 major stocks, including Shell (LON:RDSa) (RDS.A), Alibaba (NYSE:BABA) and Kraft Heinz (KHC). These reports have been hand-picked from amongst the roughly 70 reports issued by our analyst team today. To see the complete list of today's research reports, click here >>
Shares of Buy rated Shell have performed well lately by rising around 10.1% during the period on the back of a relatively stable oil price environment. Moreover, Europe's largest oil company reported better-than-expected earnings during the third quarter despite the difficult operating environment. The Zacks analyst likes the company’s expense management and progress on its large divestment program. Meanwhile, the most important take away from the earnings release was the remarkable speed of its BG integration that contributed significantly to production volumes. Shell's near-term dividend outlook also looks good with the company delivering on its pledge to sustain the payout throughout 2016. (You can )
Alibaba shares have outperformed the broader market as well as the peer e-commerce space in the year-to-date period (it is up more than 22%), with the trend expected to remain in place given the stable outlook for China and the company's encouraging quarterly results. The solid growth in its core e-commerce business as well as growing cloud computing services aided the results. The analyst likes the company’s dominance in China's mobile commerce market, efforts to develop new products and strong financial position. However, continued investments and increasing competition remained as concerns. (You can )
Kraft Heinz shares have been standout performers this year, gaining more than 18.2%, as cost savings initiatives and strong gains from innovation continued to have a positive impact on the company’s performance. The analyst also likes the company’s productivity improvement initiatives including zero-based budgeting; modernization and capability building. However, lower shipments in cold cuts, foodservice and nuts emerged led the company’s revenue to remain soft during third quarter. Management had warned that consumer trends are likely to remain challenged in both North America and Europe in the remainder of 2016. (You can )
Other noteworthy reports we are featuring today include Facebook (NASDAQ:FB), Occidental Petroleum (NYSE:OXY) and Simon Property (SPG).
Today's Long-Term Buys & Sells
Today you can gain access to the best long-term trades unearthed by Zacks Research. These moves have double and triple-digit profit potential and are rarely available to the public. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this private information?
Get The News You Want
Sheraz Mian
Director of Research
Note: If you want an email notification each time Sheraz publishes a new article, please >>>
Today's Must Read/h6
Featured Reports/h6
The Zacks analyst believes Occidental is poised to benefit from strong production from its high quality domestic and international assets, despite ongoing crude volatility.
The covering analyst thinks that Equinix's recurring revenues business model and capital deployment activities are its key strengths.
Weak oil prices along with lower production resulted in EOG Resources' wider-than-expected loss in third-quarter 2016.
Despite American International's weaker than expected earnings, the Zacks analyst believes that continued restructuring, expense control initiatives and strong capital management will fuel growth.
The covering analyst thinks that transformative redevelopments were instrumental in Simon Property's FFO beat.
The Zacks analyst remains optimistic as M&T Bank recorded higher revenues and sustained loan & deposit growth.
ABB's Q3 earnings beat estimates, braving formidable challenges in mining and oil & gas markets. Going forward, restructuring actions under the revamped Next Level Strategy is likely to fuel growth.
The Zacks analyst believes Occidental is poised to benefit from strong production from its high quality domestic and international assets, despite ongoing crude volatility.
The covering analyst thinks that Equinix's recurring revenues business model and capital deployment activities are its key strengths.
Weak oil prices along with lower production resulted in EOG Resources' wider-than-expected loss in third-quarter 2016.
Despite American International's weaker than expected earnings, the Zacks analyst believes that continued restructuring, expense control initiatives and strong capital management will fuel growth.
The covering analyst thinks that transformative redevelopments were instrumental in Simon Property's FFO beat.
The Zacks analyst remains optimistic as M&T Bank recorded higher revenues and sustained loan & deposit growth.
ABB's Q3 earnings beat estimates, braving formidable challenges in mining and oil & gas markets. Going forward, restructuring actions under the revamped Next Level Strategy is likely to fuel growth.
New Upgrades/h6
Las Vegas Sands' Macao portfolio is experiencing strong visitation lately and the company looks to maintain its performance through The Parisian Macao opening, according to the Zacks analyst.
With Discover Financial's strong Q3 earnings, the covering analyst believes that loan and deposit growth, higher card sales and efficient capital management will fuel growth.
Despite the growth concerns, the Zacks analyst thinks that Facebook's top line will continue to be boosted by its mobile & live video efforts and monetization opportunities for its subsidiaries.
Las Vegas Sands' Macao portfolio is experiencing strong visitation lately and the company looks to maintain its performance through The Parisian Macao opening, according to the Zacks analyst.
With Discover Financial's strong Q3 earnings, the covering analyst believes that loan and deposit growth, higher card sales and efficient capital management will fuel growth.
Despite the growth concerns, the Zacks analyst thinks that Facebook's top line will continue to be boosted by its mobile & live video efforts and monetization opportunities for its subsidiaries.
New Downgrades/h6
The Zacks Analyst believes that AES Corp's lower-than-expected results were mainly led by the continued devaluation in foreign currencies and poor hydrology in Brazil.
Xerox reported lower third quarter results. The covering analyst sees strong competition, availability of abundant number of substitutes and foreign currency risks as major headwinds.
The Zacks analyst is disappointed with U.S. Steel's results and thinks that operational issues will hurt its flat-rolled volume while challenges in its tubular business will persist in the near term.
The Zacks Analyst believes that AES Corp's lower-than-expected results were mainly led by the continued devaluation in foreign currencies and poor hydrology in Brazil.
Xerox reported lower third quarter results. The covering analyst sees strong competition, availability of abundant number of substitutes and foreign currency risks as major headwinds.
The Zacks analyst is disappointed with U.S. Steel's results and thinks that operational issues will hurt its flat-rolled volume while challenges in its tubular business will persist in the near term.
Zacks Investment Research
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.