The Zacks Analyst Blog Highlights: Boeing, Goldman Sachs, Oracle, Dollar General and Magna International
For Immediate Release
Chicago, IL – March 20, 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 Boeing (NYSE: BA – Free Report ), Goldman Sachs (NYSE: GS – Free Report ), Oracle (NYSE: ORCL – Free Report ), Dollar General (NYSE: DG – Free Report ) and Magna International (NYSE: MGA – Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Friday’s Analyst Blog:
New Stock Research Reports for Monday: ORCL, BA, GS and More
Today's Research Daily features new research reports on 16 major stocks, including Boeing (NYSE: BA – Free Report ), Goldman Sachs (NYSE: GS – Free Report ) and Oracle (NYSE: ORCL – Free Report ). You can see all of today's research reports here >>>
Boeing ’s shares have surged +33% over the past one-year, outperforming the Zacks Aerospace & Defense sector, which gained +25.7% during the same time period. The analyst stresses that rising demand for its commercial airplanes on the back of steady improvement in passenger and freight traffic is the major factor behind the surge in Boeing shares. These developments reflect the company’s latest expansion on the international front, apart from its strong presence in the domestic aviation market. The improving outlook for defense spending under the Trump administration is another long-term positive in the Boeing story. However, challenges including uncertain fate of high-cost programs, risks related to key project executions, order cancellations as well as stiff competition might have a negative impact on the company. (You can read the full research report on Boeing here >> )
Buy rated Goldman Sachs shares performed impressively over the past three months on the back of the strong Finance sector rally following the November election. Expectations of improved U.S. economic growth under the Trump administration and the removal or easing of strict restrictions under the Dodd-Frank legislation are big benefits for the brokerage industry in general and Goldman Sachs in particular. Goldman's reputation for trading prowess positions it to benefit from increased investor confidence and risk appetite. The stock is up +36.4% since November 8th vs. +31.3% gain for the industry, but the Zacks analyst still sees upside given continued favorable revisions to estimates. (You can read the full research report on Goldman Sachs here >> )
Oracle came out with a positive surprise in its quarterly report the other day, showing strong momentum in its cloud business that is offsetting declines in its legacy licensing business. The stock was up big on the earnings report and is now up +19.4% in the year-to-date period vs. +10.2% gain for the Zacks Technology sector. This earnings report has added to confidence in Oracle's ability to transition to a cloud-based business model. The company’s offerings in SaaS and PaaS have gained significant momentum in the past few quarters, which improves competitive position against salesforce.com and Workday. The introduction of Gen 2 IaaS data centers is expected to improve Oracle’s competitive prowess against Amazon. The Zacks analyst likes the company’s growing cloud market share and believes it will continue to drive top-line growth for the foreseeable future. (You can read the full research report on Oracle here >> )
Other noteworthy reports we are featuring today include Dollar General (NYSE:DG – Free Report ) and Magna International (NYSE: MGA – Free Report ).
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
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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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Boeing Company (The) (BA): Free Stock Analysis Report
Goldman Sachs Group, Inc. (The) (GS): Free Stock Analysis Report
Oracle Corporation (ORCL): Free Stock Analysis Report
Dollar General Corporation (DG): Free Stock Analysis Report
Magna International, Inc. (MGA): Free Stock Analysis Report
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