The Zacks Analyst Blog Highlights: Google, Apple, Nokia, Microsoft and Facebook


For Immediate Release

Chicago, IL – June 11, 2013 – 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 Google Inc. (GOOG-Free Report), Apple (AAPL-Free Report) iPhone, Nokia (NOK-Free Report), Microsoft (MSFT-Free Report) and Facebook (FB-Free Report).

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

Here are highlights from Monday’s Analyst Blog:

Google to Acquire Waze for $1.1B

Google Inc. (GOOG-Free Report) is set to acquire Israel-based mobile mapping and navigation company Waze Inc. for about $1.1 billion.

Waze Ltd. was founded by Ehud Shabtai and Amir Shinar in 2008. It developed a free GPS application, which features turn-by-turn navigation. It can be downloaded on Android, Apple’s (AAPL-Free Report) iPhone, Nokia’s (NOK-Free Report) Symbian, Microsoft’s (MSFT-Free Report) Windows Mobile and J2ME devices. It has 50 million users worldwide.

The app uses real user signal feedback to collect traffic information. It sends alerts to users for traffic information and suggests alternate routes to reach a particular destination. The service also notifies drivers of road work, speed traps and other potential obstacles using data from other users. It has a similar function to Google Map, which makes one's location known to his or her friends.

Top tech giants such as Apple and Facebook (FB-Free Report) have been trying to acquire Waze for quite some time. However, the deals fell out due to various reasons. Both companies are trying to improve their mobile navigation capabilities. However, Apple’s bid was likely not attractive enough and Facebook would have integration issues.

This was good for Google, with its sprawling operations and already leading position in mapping software. The acquisition will boost Google’s offering in contextual data, which is a combination of social, interactive with GPS-based location tracking. Further, through the acquisition process, Google will be successful in eliminating a competitor. The acquisition will also bolster its own social mapping system and help it to generate revenue via location-based advertising.

Google has been active on the mergers and acquisitions front. In Feb 2013, it acquired Channel Intelligence for $125 million to boost its e-commerce business. Earlier, this year, it also acquired an infrastructure startup company, Talaria Technologies, to boost its cloud offerings. Recently, Google acquired Behavio, a mobile sensor start-up company, for an undisclosed sum.

In the first quarter of fiscal 2013, Google’s gross revenue (including TAC) touched a record $14.4 billion, representing sequential and year-over-year increases of 2.3% and 36.2%, respectively. Excluding the $1.5 billion contribution from Motorola, revenues were up 21.9% from the year-ago quarter.

Google has a Zacks Rank #3 (Hold).

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

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.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on GOOG - FREE

Get the full Report on AAPL - FREE

Get the full Report on NOK - FREE

Get the full Report on MSFT - FREE

Get the full Report on FB - FREE

Follow us on Twitter:

Join us on Facebook:

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

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 for information about the performance numbers displayed in this press release.

Read the analyst report on GOOG

Read the analyst report on AAPL

Read the analyst report on NOK

Read the analyst report on MSFT

Read the analyst report on FB

Zacks Investment Research

More From
View Comments (0)