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The Zacks Analyst Blog Highlights: Johnson & Johnson, Schlumberger, Honeywell, Alphabet and SunTrust Banks

Zacks Equity Research

For Immediate Release

Chicago, IL – April 26, 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 Johnson & Johnson (NYSE: JNJ – Free Report ), Schlumberger (NYSE: SLB – Free Report ), Honeywell (NYSE: HON – Free Report ), Alphabet (NASDAQ: GOOGL – Free Report ) and SunTrust Banks (NYSE: STI – Free Report ).

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

Here are highlights from Tuesday’s Analyst Blog:

Top Research Reports for Today: JNJ, SLB, HON and More

Today's Research Daily features new research reports on 16 major stocks, including Johnson & Johnson (NYSE: JNJ – Free Report ), Schlumberger (NYSE: SLB – Free Report ) and Honeywell (NYSE: HON – Free Report ).

Johnson & Johnson shares have gained +8.9% over the last year, widely outperforming the large-cap pharma space (down -1.1%). J&J reported mixed Q1 results, beating on earnings but missing on sales. This was the second consecutive sales miss for J&J due to a slowdown in pharmaceutical product sales.

While the company is faced with a number of headwinds like unfavorable currency movements, increased competition from generics, pricing pressures and an uncertain global macroeconomic backdrop, the Zacks analyst believes that JNJ's diversified business model, deep product pipeline, lack of cyclicality and financial strength position it for continued momentum going forward.

Also, the potential Actelion buyout, though expensive, will bolster J&J’s long-term growth. However, in 2017, growth in J&J’s Pharma segment is expected to suffer as key growth drivers have slowed down due to competition. (You can read the full research report on Johnson & Johnson here . )

Shares of Schlumberger underperformed the Zacks Oil and Gas Field Services industry over the last one year, losing -6.4% vs. the sector’s -4.3% decline. The Zacks analyst likes the continuous and effective cost-management initiatives of the company. The Schlumberger-Cameron merger will support technology-driven growth, going forward. The company’s focus on international markets also deserves appreciation.

Moreover, Schlumberger’s first-quarter earnings were in line with expectations. This may be attributed to improvement in directional drilling works in North America. However, the bottom line decreased substantially on a year-over-year basis owing to slowdown of drilling works in the international market. Moreover, Schlumberger projected 2017 to be a challenging year for business outside North America. (You can read the full research report on Schlumberger here. )

Honeywell shares have outperformed the diversified operations industry gaining +12.1% vs. +2.1% in the year-to-date period. Moreover, Honeywell reported solid first-quarter 2017 results. The Zacks analyst like the company’s continuing efforts on increasing its presence in high-growth regions. Additionally it is building a robust pipeline of new products and has regularly fine-tuned its portfolio to focus on core businesses.

Diligent focus on working capital management, free cash flow generation and a conservative balance sheet remain key positive attributes. However, Honeywell expects a tepid demand pattern for its business jets and mobile scanners in 2017 due to sluggish global growth, volatility in crude oil prices and a tempered Chinese economy. High R&D expenditure to fend competition and stay ahead of technological obsolescence contracts margin and reduces bottom-line growth. (You can read the full research report on Honeywell here. )

Other noteworthy reports we are featuring today include Alphabet (NASDAQ: GOOGL – Free Report ) and SunTrust Banks (NYSE: STI – Free Report ).

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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Johnson & Johnson (JNJ): Free Stock Analysis Report
 
Schlumberger N.V. (SLB): Free Stock Analysis Report
 
Honeywell International Inc. (HON): Free Stock Analysis Report
 
SunTrust Banks, Inc. (STI): Free Stock Analysis Report
 
Alphabet Inc. (GOOGL): Free Stock Analysis Report
 
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