U.S. Markets closed

The Zacks Analyst Blog Highlights: Sony, Honda Motor, Leju Holdings, Noah Holdings and 21Vianet Group

Zacks Equity Research
Higher throughput volumes aid Enbridge's (ENB) Q3 earnings.

For Immediate Release

Chicago, IL – September 21, 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 Sony Corp. SNE, Honda Motor Co., Ltd. HMC, Leju Holdings Ltd. LEJU, Noah Holdings Ltd. NOAH and 21Vianet Group, Inc. VNET.

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

Here are highlights from Thursday’s Analyst Blog:

North Korea Signs Denuclearization Treaty: 5 Asian Picks

After having pledged to improve their mutual relationship toward stabilizing the Korean peninsula, leaders from North and South Korea finally agreed on denuclearizing North Korea. North’s Kim Jong-un and South’s Moon Jae-in signed an accord, which also speaks about filing a joint bid for hosting the Olympics.

Further, the Asia Development Bank remains upbeat about the outlook for Asia’s economy through 2019. Additionally, the Bank of Japan (BoJ) decided to keep interest rates unchanged and offered a rosy view of its economy.

Under circumstances where Asia is expected to grow immensely despite global trade war woes, adding stocks from the region should fetch stunning returns.

North and South Korea Agree on De-escalation

On Sep 19, after a meeting in Pyongyang, leaders from the respective countries "agreed on a way to achieve denuclearization.” South Korea’s Moon Jae-in stated that his counterpart from the North had "agreed to permanently close the Tongchang-ri missile engine test site and missile launch facility." He also stated that, to keep the procedure transparent, North Korea would move ahead with the plan in presence of experts from “relevant nations.”

Jae-in also stated that Kim Jong-un has agreed to close its Yongbyon nuclear facility. Further, defense chiefs from both countries signed a 17-page agreement, pledging to "cease all hostile acts against each other."

The two parties also agreed to file a joint bid to host 2032 Summer Olympics and establish roads between North and South Koreas in a year’s time. Moreover, they vowed to stop military drills against each other along the Military Demarcation Line by Nov 1 and remove 11 guard posts in the demilitarized zone by this year’s end.

Asia’s Economic Outlook Strong

In a report published on Asian Development Outlook (ADO) 2018, the Asian Development Bank (ADB) stated that it remains positive on its outlook for the region’s economy. The body predicted that overall growth in Asia is expected to be around 6.5% in 2018 and 6.4% in 2019.

Further, per a report by Japan’s Ministry of Finance on Aug 27, corporate capital expenditure in the country surged to its highest levels since 2006 in the April-June period. On Sep 19, the Bank of Japan announced that it was keeping its short-term interest rate unaltered at -0.1%. The BoJ also stated that it plans on keeping rates low in the long term.

5 Winning Asian Picks

Denuclearization of the Korean peninsula, Japan’s resilience to trade war woes and ADB’s confidence in Asia’s economic growth, there are multiple reasons for investors to consider stocks from the region.

In this context, we have selected five stocks that are expected to gain from these factors. These five stocks flaunt a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Sony Corp. is the designer, developer and producer of electronic equipment, instruments and devices.

The company is based out of Tokyo and sports a Zacks Rank #1. The expected earnings growth rate for the current year is 26.75%. The Zacks Consensus Estimate for the current year has improved 8% over the last 60 days.

Honda Motor Co., Ltd. is the manufacturer and distributor of motorcycles, automobiles, power products and other related products.

The company is based out of Tokyo and carries a Zacks Rank #1. The Zacks Consensus Estimate for the current year has improved 4.1% over the last 60 days.

Leju Holdings Ltd. is a provider of online to offline (O2O) real estate services in China.

The company is based out of Beijing and has a Zacks Rank #2. The expected earnings growth rate for the current year is 81.82%. The Zacks Consensus Estimate for the current year has improved 51.7% over the last 60 days.

Noah Holdings Ltd. is a provider of wealth and asset management services to high net worth individuals and enterprises in China.

The company is based out of Shanghai and has a Zacks Rank #1. The expected earnings growth rate for the current year is 8.89%. The Zacks Consensus Estimate for the current year has improved 6.9% over the last 60 days.

21Vianet Group, Inc. is a provider of carrier-neutral Internet data center services to internet companies, government entities, as well as blue-chip enterprises.

The company is based out of Beijing and has a Zacks Rank #2. The expected earnings growth rate for the current year is more than 100%. The Zacks Consensus Estimate for the current year has improved more than 100% over the last 60 days.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker 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 >>.

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

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

support@zacks.com

https://www.zacks.com/

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.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
21Vianet Group, Inc. (VNET) : Free Stock Analysis Report
 
Sony Corporation (SNE) : Free Stock Analysis Report
 
Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report
 
Noah Holdings Ltd. (NOAH) : Free Stock Analysis Report
 
Leju Holdings Limited (LEJU) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research