Thursday, January 12, 2017

Today's Research Daily features new research reports on 16 major stocks, including Goldman Sachs (GS), Canadian National Railway (CNI) and Boeing (BA).

Goldman Sachs shares performed impressively over the past three months on the back strong rally witnessed by the financial sector since the election result day. Factors including favorable economic growth forecasts, first rate hike over the past one year period and expectation of faster rate of increase in rates this year benefitted the company.

Since the election result day (Nov 8), shares of Goldman Sachs surged +46.8%, compared to 34.8% gain for Investment Bank industry during the same time frame. Well-diversified business and its focus to capitalize on growth opportunities will continue to boost the stock. Hence, the analyst believes that this Strong Buy-rated stock still have some rooms to surge further despite the strong rally.(You can read the full research report on Goldman Sachs here>>>)

Canadian National Railway shares have done really well since the election and have also posted healthy gains last year, but it failed to outperform the Zacks Rail industry narrowly. Estimates for the company’s fourth quarter earnings are gradually increasing over the past few days as it is preparing to report the same on Jan 24.

The analyst expects this Buy-rated stock to get a significant boost during the fourth quarter from better grain production and a possible increase in coal volumes. The company’s efforts to control costs and Trump’s support for coal are also expected to help the company to register healthy gains in near future.(You can read the full research report on Canadian National Railway here >>>) 

Boeing shares have surged 24.4% over the past one-year period, outperforming the Zacks Aerospace & Defense industry, which gained 20.7% during the same time period. Rising demand for its commercial airplanes on the back of steady improvement in passenger and freight traffic remained as the major factor behind the surge in Boeing shares.

The analyst also likes the company’s latest expansion on the international front, apart from its strong presence in the domestic aviation market. 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>>>)           

Other noteworthy reports we are featuring today include General Motors (GM), Thermo Fisher Scientific (TMO) and Southern Co (SO).

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Mark Vickery

Senior Editor

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