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The Zacks Analyst Blog Highlights: Apple, NVIDIA, Lockheed Martin, Intercontinental Exchange and Johnson Controls

Zacks Equity Research
Is (TTD) Outperforming Other Computer and Technology Stocks This Year?

For Immediate Release

Chicago, IL – July 12, 2018 – 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 Apple AAPL, NVIDIA NVDA, Lockheed Martin LMT, Intercontinental Exchange ICE and Johnson Controls JCI.

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

Here are highlights from Wednesday’s Analyst Blog:

Top Stock Reports for Apple, NVIDIA and Lockheed Martin

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple, NVIDIA and Lockheed Martin. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Buy-ranked Apple’s shares have gained +12.5% year to date and have outperformed the broader market with the S&P 500 gaining +4.7% over the same period. The Zacks analyst thinks Apple's Services segment has become the new cash cow for the company.

The segment is expected to grow strongly driven by increasing adoption of Apple Music & Apple Pay. Further, the higher ASP of iPhone X is also expected to boost the top-line growth. Going ahead, Apple’s foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR will drive growth.

Nevertheless, lower shipments of iPhone X units due to lack of demand can hurt top-line, particularly due to significant competition in most of its operating markets. The rise of feature-rich smartphones at a much cheaper price also remains a major headwind.

(You can read the full research report on Apple here >>>).

Shares of NVIDIA have surged year to date, gaining +30.9% versus the Zacks General Semiconductor industry’s +16.4% gain. The Zacks analyst thinks the company’s sustained focus on the development of innovative products for the gaming, datacenter and automobile sectors is a key growth driver.

Partnerships with companies like Baidu, Daimler and Bosch act as tailwinds. Higher adoption of NVIDIA’s Volta processors will likely act as a catalyst in the near term. Estimates have been stable lately ahead of the company’s Q2 earnings release.

The company has positive record of earnings surprises in recent quarters. Nonetheless, recent developments like suspension of test drives for all its driverless vehicles and a likely sluggish demand from cryptocurrency miners makes us slightly cautious about its near-term performance.

(You can read the full research report on NVIDIA here >>>).

Buy-ranked Lockheed Martin’s shares have gained +7.8% over the last year, underperforming the Zacks Aerospace Defense sector, which has gained +30% over the same period. Being the largest defense contractor in the world, Lockheed Martin experiences strong demand for high-end military equipment in domestic markets.

Lockheed Martin’s products are also well acclaimed in the international market. Consequently, strong order growth has been a primary growth driver for this company. Lockheed Martin continues to be a strong cash generator, helping it to take important cash deployment decisions.

The Zacks analyst thinks recent adoption of expansionary budgetary policies in the United States will immensely boost this defense prime's business growth. However, the company faces intense competition for its broad portfolio of products and services in both domestic and international markets.

(You can read the full research report on Lockheed Martin here >>>).

Other noteworthy reports we are featuring today include Intercontinental Exchange and Johnson Controls.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock 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.

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 >>.

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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.


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Lockheed Martin Corporation (LMT) : Free Stock Analysis Report
 
Johnson Controls International plc (JCI) : Free Stock Analysis Report
 
Apple Inc. (AAPL) : Free Stock Analysis Report
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
Intercontinental Exchange Inc. (ICE) : Free Stock Analysis Report
 
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