The Zacks Analyst Blog Highlights: Qualcomm, Sony, BlackBerry, China Mobile and Interactive Brokers Group

Zacks

For Immediate Release
 
Chicago, IL – November 26, 2013 – 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 the Qualcomm Inc. (QCOM-Free Report), Sony Corp. (SNE-Free Report), BlackBerry Limited (BBRY-Free Report), China Mobile Limited (CHL-Free Report) and Interactive Brokers Group, Inc. (IBKR-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:

Qualcomm Joins Forces with Samsung
 
Qualcomm Technologies, Inc., the business arm of Qualcomm Inc. (QCOM-Free Report), joined forces with Samsung to integrate Chinese BeiDou Satellite Navigation System into its product portfolio.
 
Qualcomm’s IZat location solution powered with Snapdragon 800 processors and BeiDou Satellite Navigation System provides accurate location-based information to Samsung Galaxy Note 3 users in China. Moreover, usage of Snapdragon chipset further enhances battery life of the device.
 
Generally, urban dwellers face the problem of poor signal due to interruptions caused by skyscrapers. The BeiDou Satellite Navigation System will facilitate uninterrupted transmission of signals.
 
The popularity of Qualcomm chipsets is continuously gaining popularity. Most high-end smartphones like Sony Corp’.s (SNE-Free Report) Sony Xperia Z and BlackBerry Limited’s (BBRY-Free Report) BlackBerry Z10 use Qualcomm chipsets. Qualcomm’s Snapdragon 800 quad core processors will gain traction with increased deployment of 4GLTE technology across emerging nations like India and China.
 
World’s largest telecom operator, China Mobile Limited (CHL-Free Report), targets to deploy nearly 200,000 TD-LTE base stations by the end of 2013. China Mobile has already chosen Snapdragon and Gobi-based LTE-TD smartphones, as it runs well on such home grown networks. This will create a huge growth opportunity for Qualcomm in the upcoming quarters.
 
In the fourth quarter, Qualcomm shipped approximately 190 million CDMA-based MSM chipsets, up 35% year over year. This figure significantly surpassed the company’s guidance of a mid-point of 176 million. The company expects to ship 195–210 million MSM chipsets in the first quarter of fiscal 2014.
 
Currently, Qualcomm carries a Zacks Rank #2 (Buy).
 
Should You Stay Invested in Interactive Brokers (IBKR)?

Interactive Brokers Group, Inc.’s (IBKR-Free Report) technological expertise positions it among the lowest-cost providers of broker-dealer services, thereby giving it a competitive edge. The stock closed at $24.22 on Nov 22, reflecting a strong year-to-date return of 77.7%.

Going forward, with consistent improvement in the bottom line, there remain chances of price appreciation. Therefore, continuing to hold it in your portfolio is not a bad option.

However, given the inconsistent performance of Interactive Brokers’ Market Making segment, a stringent regulatory environment and risks associated with its international exposure, we discourage further addition of its shares to your portfolio.

Justifying the Stance

Interactive Brokers’ third-quarter 2013 earnings per share of 32 cents were in line with the Zacks Consensus Estimate. Moreover, this compared favorably with 26 cents earned in the year-ago quarter.
Interactive Brokers’ Electronic Brokerage segment continues to witness improvement. The company enjoys competitive advantage with respect to its trading system containing unique architectural aspects and massive trading volumes throughout the world market. Additionally, the company continues to explore opportunities in the fast growing markets of Taiwan, Mexico and India.

Further, Interactive Brokers’ robust capital base and liquid balance sheet remain strengths. As of Sep 30, 2013, the company had $2.91 billion of excess regulatory capital.

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

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