We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Facebook, Micron and Fujifilm Holdings
Read MoreHide Full Article
For Immediate Release
Chicago, IL – October 24, 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 Facebook , Micron (MU - Free Report) ) and Fujifilm Holdings (FUJIY - Free Report) .
Earnings Season Takes Center Stage: Global Week Ahead
In the Global Week Ahead, earnings risks and opportunities multiply as 180 firms inside the S&P500 large-cap index release their latest third quarter results.
What are notable names? And what could they signal on the broader U.S. economy?
Watch Caterpillar (for guidance on heavy equipment demand), UPS (as a signal on consumer and business transactions growth), Boeing (worth listening to about the contentious U.S. trade outlook), and Amazon (on what they say on a second headquarters in the USA).
FANG (Facebook, Amazon, Netflix, Google) stock reports always become a focus. Realize Amazon shares posted total returns of about +32% YTD versus Netflix’s +58%. This important company could surprise to the upside on Thursday, Oct. 26th. That Megacap Tech earnings report plays out against a backdrop where Amazon’s share price has underperformed the past three months.
Also, traders get earnings reports from Intel, Microsoft, Alphabet (Google), Ford, GM, VISA, Capital One, 3M, McDonald’s, AT&T, Coca-Cola, Xerox, State Street, American Airlines, Merck and Colgate Palmolive.
At the end of the week, on Friday, a first estimate for U.S. third quarter GDP comes out. This much-watched U.S. top-line macro data should be OK, meaning not market moving.
Consensus estimates the third quarter’s growth at +2.5%. The Atlanta Fed’s GDPNow tracker has a +2.7% call as of Oct. 18th. Anything above +2.0% (given hurricane effects baked in) is likely to be ignored by traders. Hurricane losses to GDP growth should be mostly ignored by the Fed, too.
However, keep an eye on rebuilding stories from major reporting companies. They will find a way to boost GDP growth down the road.
Top Zacks #1 Rank (STRONG BUY) Stocks—
In the week ahead, I think Tech stocks will remain hot with both traders and investors.
Here are three to look into.
Facebook (FB) is again a top stock at Zacks. The market cap is at an incredible $508 billion. However, the long-term VGM score is a C. The FANG stocks are not cheap, by any measure.
Micron (MU) also remains a top stock. This is a chip stock with a $47 billion market capitalization. There are compelling scores here. Zacks long-term ratings show a Zacks Value score of A, a Growth score of A, and a Momentum score of A. What’s not to like?
Fujifilm Holdings (FUJIY): This a semiconductor photomask supplier, which is in demand these days, as the global chip market stay a hot spot. This $17 billion market cap Japanese stocks get a Zacks long-term VGM score of A too.
Key Global Macro—
Outside the USA, central Banks will be in the spotlight -- in the coming week.
On Wednesday, a Bank of Canada (BoC) monetary policy decision arrives. Don’t expect a policy rate change.
Also on Wednesday, the Central Bank of Brazil issues its latest monetary policy decision. See if Brazil’s central bank suggests growth is picking up.
On Thursday, the European Central Bank (ECB) issues its latest monetary policy and Mario Draghi holds a press conference. Expect the ECB to reduce its pace of bond buying.
Economists polled by Reuters think Mario Draghi will cut monthly purchases of bonds to 40 billion euros from 60 billion, although that reduction could be larger.
New U.S. home sales (Wednesday) and pending home sales (Thursday) can supply a better understanding. How did U.S. housing markets perform during September, after hurricanes struck Texas and Florida?
On Tuesday, France reports its preliminary composite Purchasing Manager Index (PMI). The prior was 57.1. France’s preliminary manufacturing reading comes out too. The prior there is 56.1.
For Germany, the prior manufacturing PMI was 60.6. A new reading comes out.
The Eurozone composite PMI comes out.The prior was 57. The manufacturing prior was 58.1 and the services prior was 55.8.
A preliminary capacity utilization rate for Brazil comes out. The prior was 74%. The forecast is for 74.2%. 80% is a sound capacity utilization rate.
Mexico’s biweekly consumer price index (CPI) comes out. The prior was +6.17% y/y. The forecast is for 6.38% y/y.
On Wednesday, Brazil’s SELIC monetary policy rate should fall to 7.5% from 8.25%.
Germany’s influential IFO indices come out. The business climate sub-index should go from 115.2 to 116.0. The current conditions sub-index prior was 123.6. The expectations sub-index should go from 107.4 to 107.8.
An advance call on U.K. real GDP growth comes out. The prior was +1.5% y/y. U.S. durable goods orders come out. Ex-transport had a prior reading of +0.5%. The Bank of Canada (BoC) issues its monetary policy decision. The 1.0% rate is to stay fixed.
U.S. new home sales come out. The prior and forecast is for 560K.
On Thursday, ECB President Draghi issues a policy decision and holds a press conference.
U.S. initial claims look very low again, at 222K.
The Fed’s Kashkari speaks in Minneapolis.
On Friday, a U.S. advance reading on GDP comes out. The final reading was +3.1% for Q2. The Q3 first look is for +2.5% y/y.
The University of Michigan sentiment index comes out. The prior reading was 101.1.
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 >>.
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/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Facebook, Micron and Fujifilm Holdings
For Immediate Release
Chicago, IL – October 24, 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 Facebook , Micron (MU - Free Report) ) and Fujifilm Holdings (FUJIY - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Monday’s Analyst Blog:
Earnings Season Takes Center Stage: Global Week Ahead
In the Global Week Ahead, earnings risks and opportunities multiply as 180 firms inside the S&P500 large-cap index release their latest third quarter results.
What are notable names? And what could they signal on the broader U.S. economy?
Watch Caterpillar (for guidance on heavy equipment demand), UPS (as a signal on consumer and business transactions growth), Boeing (worth listening to about the contentious U.S. trade outlook), and Amazon (on what they say on a second headquarters in the USA).
FANG (Facebook, Amazon, Netflix, Google) stock reports always become a focus. Realize Amazon shares posted total returns of about +32% YTD versus Netflix’s +58%. This important company could surprise to the upside on Thursday, Oct. 26th. That Megacap Tech earnings report plays out against a backdrop where Amazon’s share price has underperformed the past three months.
Also, traders get earnings reports from Intel, Microsoft, Alphabet (Google), Ford, GM, VISA, Capital One, 3M, McDonald’s, AT&T, Coca-Cola, Xerox, State Street, American Airlines, Merck and Colgate Palmolive.
At the end of the week, on Friday, a first estimate for U.S. third quarter GDP comes out. This much-watched U.S. top-line macro data should be OK, meaning not market moving.
Consensus estimates the third quarter’s growth at +2.5%. The Atlanta Fed’s GDPNow tracker has a +2.7% call as of Oct. 18th. Anything above +2.0% (given hurricane effects baked in) is likely to be ignored by traders. Hurricane losses to GDP growth should be mostly ignored by the Fed, too.
However, keep an eye on rebuilding stories from major reporting companies. They will find a way to boost GDP growth down the road.
Top Zacks #1 Rank (STRONG BUY) Stocks—
In the week ahead, I think Tech stocks will remain hot with both traders and investors.
Here are three to look into.
Facebook (FB) is again a top stock at Zacks. The market cap is at an incredible $508 billion. However, the long-term VGM score is a C. The FANG stocks are not cheap, by any measure.
Micron (MU) also remains a top stock. This is a chip stock with a $47 billion market capitalization. There are compelling scores here. Zacks long-term ratings show a Zacks Value score of A, a Growth score of A, and a Momentum score of A. What’s not to like?
Fujifilm Holdings (FUJIY): This a semiconductor photomask supplier, which is in demand these days, as the global chip market stay a hot spot. This $17 billion market cap Japanese stocks get a Zacks long-term VGM score of A too.
Key Global Macro—
Outside the USA, central Banks will be in the spotlight -- in the coming week.
On Wednesday, a Bank of Canada (BoC) monetary policy decision arrives. Don’t expect a policy rate change.
Also on Wednesday, the Central Bank of Brazil issues its latest monetary policy decision. See if Brazil’s central bank suggests growth is picking up.
On Thursday, the European Central Bank (ECB) issues its latest monetary policy and Mario Draghi holds a press conference. Expect the ECB to reduce its pace of bond buying.
Economists polled by Reuters think Mario Draghi will cut monthly purchases of bonds to 40 billion euros from 60 billion, although that reduction could be larger.
New U.S. home sales (Wednesday) and pending home sales (Thursday) can supply a better understanding. How did U.S. housing markets perform during September, after hurricanes struck Texas and Florida?
On Tuesday, France reports its preliminary composite Purchasing Manager Index (PMI). The prior was 57.1. France’s preliminary manufacturing reading comes out too. The prior there is 56.1.
For Germany, the prior manufacturing PMI was 60.6. A new reading comes out.
The Eurozone composite PMI comes out.The prior was 57. The manufacturing prior was 58.1 and the services prior was 55.8.
A preliminary capacity utilization rate for Brazil comes out. The prior was 74%. The forecast is for 74.2%. 80% is a sound capacity utilization rate.
Mexico’s biweekly consumer price index (CPI) comes out. The prior was +6.17% y/y. The forecast is for 6.38% y/y.
On Wednesday, Brazil’s SELIC monetary policy rate should fall to 7.5% from 8.25%.
Germany’s influential IFO indices come out. The business climate sub-index should go from 115.2 to 116.0. The current conditions sub-index prior was 123.6. The expectations sub-index should go from 107.4 to 107.8.
An advance call on U.K. real GDP growth comes out. The prior was +1.5% y/y.
U.S. durable goods orders come out. Ex-transport had a prior reading of +0.5%.
The Bank of Canada (BoC) issues its monetary policy decision. The 1.0% rate is to stay fixed.
U.S. new home sales come out. The prior and forecast is for 560K.
On Thursday, ECB President Draghi issues a policy decision and holds a press conference.
U.S. initial claims look very low again, at 222K.
The Fed’s Kashkari speaks in Minneapolis.
On Friday, a U.S. advance reading on GDP comes out. The final reading was +3.1% for Q2. The Q3 first look is for +2.5% y/y.
The University of Michigan sentiment index comes out. The prior reading was 101.1.
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 >>.
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.