The Zacks Analyst Blog Highlights: Walmart, Amgen, Honda, TransCanada and TransUnion
For Immediate Release
Chicago, IL –February 21, 2019 – 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: Walmart WMT, Amgen AMGN, Honda HMC, TransCanada TRP and TransUnion TRU.
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Walmart, Amgen and Honda
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 Walmart, Amgen and Honda. 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 >>>
Walmart’s shares have outperformed the Zacks Supermarkets industry over the past six months (+6.3% vs. +5.7%), due to its focus on strengthening e-commerce and store operations. The Zacks analyst thinks these factors helped the company retain its sturdy comps trend in fourth-quarter fiscal 2019, wherein top and bottom lines improved year over year and the latter marked its fourth consecutive beat. Notably, U.S. comps rose for the 18th straight time.
Further, e-commerce sales surged on the back of strong Walmart.com and online grocery performances. E-commerce sales are expected to rise nearly 35% in fiscal 2020.
Walmart is also making efforts to improve its International unit by shifting focus to profitable countries. To this end, the company’s investment in Flipkart is however expected to dent the bottom line in fiscal 2020. Transportation costs and a compelling pricing strategy are threats to gross margin. Nonetheless, the Flipkart deal bodes well for the long term.
(You can read the full research report on Walmart here >>>).
Shares of Amgen have gained +2.4% in the past year versus the Zacks Biomedical and Genetics industry's decline of -16.3%. Amgen beat expectations for both earnings and sales in the fourth quarter. However, its 2019 guidance reflects a year-over-year decline.
The Zacks analyst thinks that while Amgen’s newer drugs — Prolia, Xgeva, Blincyto, Kyprolis — will drive sales, biosimilar and brand competition faced by its legacy products will create pressure on the top line in 2019. Meanwhile, uptake of key drug, Repatha has been slow due to payer restrictions and the recent price cut will hurt sales going forward.
Amgen is progressing with its pipeline and the approval of Aimovig was a huge boost. In the past five years, The company has launched nine products, including two in new therapeutic areas. Amgen boasts a strong biosimilars pipeline, which could be an important long-term growth driver for the company. Its restructuring plan is making it leaner and more cost efficient.
(You can read the full research report on Amgen here >>>).
Buy-rankedHonda’s shares have outperformed the Zacks Foreign Automotive industry over the past six months, losing -9.2% vs. -15.2%. In third quarter of fiscal 2019, Honda’s revenues improved year over year.
The Zacks analyst likes the company’s Vision 2030 plan which aims to boost coordination between research and development as well as procurement and manufacturing of its products that will aid the company to reduce developmental costs and focus more on electric vehicles.
Also, its revenues streams in motorcycle and financial segments and favorable model mix are adding to profits. The company’s collaboration with other companies to develop autonomous and electric vehicles will allow it offer new technologies and expand business.
(You can read the full research report on Honda here >>>).
Other noteworthy reports we are featuring today include TransCanada and TransUnion.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.
See Latest Stocks Today >>
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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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TransUnion (TRU) : Free Stock Analysis Report
Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report
Amgen Inc. (AMGN) : Free Stock Analysis Report
TransCanada Corporation (TRP) : Free Stock Analysis Report
Walmart Inc. (WMT) : Free Stock Analysis Report
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