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The Zacks Analyst Blog Highlights: Bank of America, Oracle, Suncor Energy, Telefonica and Dominion Resources

For Immediate Release

Chicago, IL –March 16, 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 ), Oracle (NYSE: ORCL – Free Report ), Suncor Energy (NYSE: SU – Free Report ), Telefonica (NYSE: TEF – Free Report ) and Dominion Resources (NYSE: D – Free Report ).

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

Here are highlights from Wednesday’s Analyst Blog:

New Research Reports for Thursday: BAC, ORCL and More

Today's Research Daily features new research reports on 16 major stocks, including Bank of America (NYSE: BAC – Free Report ), Oracle (NYSE:ORCL – Free Report ) and Suncor Energy (NYSE: SU – Free Report ).

Bank of America ’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. Further, easing margin pressure driven by an improving rate scenario will support the top line.

Moreover, the company's efforts to streamline and simplify operations continue to enhance efficiency and strengthen its balance sheet. No doubt, Bank of America shares have been strong performers since the election -- up +48.9% since November 8th vs. +29.7% gain for the Zacks Major Banks industry in that time period, but the analyst still sees plenty of upside in for the stock. (You can read the full research report on Bank of America here . )

Oracle is in the middle of a business transition from on-premise licensing to cloud-based business model, which will be accretive to long term growth. However, it is a drag on the financials at present. Not surprisingly then, Oracle has underperformed the Zacks Technology Sector in the last one-year, gaining +6.4% vs. +16.9%. However, estimates have been stable lately ahead of the company’s Q3 earnings release.

Also, the company has mixed record of earnings surprises in recent quarters. But the Zacks analyst likes the ongoing momentum at SaaS and PaaS, which provides significant growth opportunities. The introduction of Generation2 IaaS data centers are expected to improve Oracle’s competitive prowess against Amazon Web Services and will drive market share going ahead. (You can read the full research report on Oracle here. )

Shares of Suncor Energy have gained +15% over the last 6 months, handily outperforming the Zacks Oil & Gas - Canadian Integrated industry, which rose just +9% over the same time period, as well as key rival Canadian Natural Resources. SU recently came out with better-than-expected Q4 profit, with production rising to a record on the back of its recent transactions to gain a majority stake in the massive Syncrude oil sands project.

Importantly, SU's success in reducing cash costs has magnified the effects of rebound in oil prices. A 10% dividend boost and plans for share buyback are other positives in the Suncor story. However, extracting crude from the oil sands is a costly affair and as such, hampers profit margins. (You can read the full research report on Suncor Energy here. )

Other noteworthy reports we are featuring today include Telefonica (NYSE: TEF – Free Report ) and Dominion Resources (NYSE: D – Free Report ).

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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.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on BAC – FREE

Get the full Report on ORCL – FREE

Get the full Report on SU – FREE

Get the full Report on TEF – FREE

Get the full Report on D – 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.


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
 
Bank of America Corporation (BAC): Free Stock Analysis Report
 
Oracle Corporation (ORCL): Free Stock Analysis Report
 
Suncor Energy Inc. (SU): Free Stock Analysis Report
 
Telefonica SA (TEF): Free Stock Analysis Report
 
Dominion Resources, Inc. (D): Free Stock Analysis Report
 
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