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The Zacks Analyst Blog Highlights: Facebook, Alphabet, Daimler, Volkswagen and BMW
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For Immediate Release
Chicago, IL – September 15, 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 includeFacebook’s (Nasdaq: – Free Report),Alphabet (Nasdaq: (GOOGL - Free Report) – Free Report), Daimler (OTCMKTS: – Free Report), Volkswagen (OTCMKTS: – Free Report) and BMW (OTCMKTS: (BAMXF - Free Report) – Free Report).
On Thursday, social media giant Facebook’s (Nasdaq: – Free Report) Chief Operating Officer and Lean In expert Sheryl Sandberg attended the opening ceremony of IAA car show in Frankfurt, Germany, and said some pretty interesting things about the company’s plans for the auto industry.
While whispers of Facebook’s potential entrance into the self-driving car market have swirled for a few years now, especially as other tech rivals like Alphabet (Nasdaq: GOOGL– Free Report) and Uber are developing their own vehicles, the company has always dismissed rumors.
Today’s remarks were no different, though Facebook instead wants to forge a closer relationship with the auto industry, working with the likes of Daimler (OTCMKTS: DDAIF– Free Report) and Volkswagen (OTCMKTS: VLKAY– Free Report).
“We come with very good news -- we’re the only company in Silicon Valley that’s not building a car,” said Sandberg, according to Bloomberg. “We have a lot to learn from you,” she continued. “We don’t have your history, we don’t have your staying power, even though we aspire to make it to 100 years.” Sandberg even described Facebook as a “teenager.”
Facebook may not be building a self-driving car, but the tech company is planning on working with auto leaders in related areas like artificial intelligence and helping the broader industry utilize various digital tools. Facebook has also joined the Munich-based Mobility Hub that is supported by Daimler, BMW (OTCMKTS: BAMXF– Free Report) and SAP SE, notes Bloomberg.
Currently, FB is a #3 (Hold) on the Zacks Rank, and shares of the company are down about 1% in afternoon trading. Year-to-date, though, the stock has gained over 48%.
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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 >>.
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.
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/performancefor information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Facebook, Alphabet, Daimler, Volkswagen and BMW
For Immediate Release
Chicago, IL – September 15, 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 includeFacebook’s (Nasdaq: – Free Report),Alphabet (Nasdaq: (GOOGL - Free Report) – Free Report), Daimler (OTCMKTS: – Free Report), Volkswagen (OTCMKTS: – Free Report) and BMW (OTCMKTS: (BAMXF - Free Report) – Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
Facebook’s Plans for the Auto Industry, Explained
On Thursday, social media giant Facebook’s (Nasdaq: – Free Report) Chief Operating Officer and Lean In expert Sheryl Sandberg attended the opening ceremony of IAA car show in Frankfurt, Germany, and said some pretty interesting things about the company’s plans for the auto industry.
While whispers of Facebook’s potential entrance into the self-driving car market have swirled for a few years now, especially as other tech rivals like Alphabet (Nasdaq: GOOGL– Free Report) and Uber are developing their own vehicles, the company has always dismissed rumors.
Today’s remarks were no different, though Facebook instead wants to forge a closer relationship with the auto industry, working with the likes of Daimler (OTCMKTS: DDAIF– Free Report) and Volkswagen (OTCMKTS: VLKAY– Free Report).
“We come with very good news -- we’re the only company in Silicon Valley that’s not building a car,” said Sandberg, according to Bloomberg. “We have a lot to learn from you,” she continued. “We don’t have your history, we don’t have your staying power, even though we aspire to make it to 100 years.” Sandberg even described Facebook as a “teenager.”
Facebook may not be building a self-driving car, but the tech company is planning on working with auto leaders in related areas like artificial intelligence and helping the broader industry utilize various digital tools. Facebook has also joined the Munich-based Mobility Hub that is supported by Daimler, BMW (OTCMKTS: BAMXF– Free Report) and SAP SE, notes Bloomberg.
Currently, FB is a #3 (Hold) on the Zacks Rank, and shares of the company are down about 1% in afternoon trading. Year-to-date, though, the stock has gained over 48%.
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.
Today, Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
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/performancefor information about the performance numbers displayed in this press release.