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The Zacks Analyst Blog Highlights: ExxonMobil, Bank of America, Mastercard, Royal Dutch Shell and Interactive Brokers
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For Immediate Release
Chicago, IL – November 9, 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 ExxonMobil (XOM - Free Report) , Bank of America (BAC - Free Report) , Mastercard (MA - Free Report) , RoyalDutch Shell and Interactive Brokers (IBKR - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Exxon, BofA and Mastercard
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 ExxonMobil, Bank of America and Mastercard. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Strong Buy-rated ExxonMobil’s shares have underperformed the Zacks Oil International Integrated industry (-7.4% vs. +5.7%) in the year to date period as well as peer Chevron (CVX was down -0.4%). However, ExxonMobil has a leading position in the energy industry owing to the size and diversity of its asset base, both in terms of business mix and geographical footprint.
The Zacks analyst likes its stable cash position and the company’s balance sheet is one of the best in the industry, reflecting declining debt load over the first nine months of 2017. The company has been investing heavily in its extensive refining businesses, which will likely help it counter volatile upstream businesses.
In fact, higher margins from the lucrative refinery operations primarily supported ExxonMobil’s strong third-quarter 2017 results. Increased price realizations from liquids and natural gas also drove the Q3 numbers. Moreover, ExxonMobil’s decision to invest in the pre-salt Carcara oil field is commendable as the company expects it to contain as much as 2 billion barrels of high-quality recoverable oil reserves.
Shares of Bank of America have outperformed the Zacks Major Regional Banks industry over the last six months, gaining +13.3% vs. +9%. This price performance is backed by impressive earnings surprise history as the company has surpassed the Zacks Consensus Estimate in each of the trailing four quarters.
The company’s third-quarter 2017 results were driven by higher net interest income, a fall in operating expenses and decline in credit costs. Rising interest rates, increase in loan and deposit balances along with initiatives to strengthen its balance sheet is expected to continue supporting profitability.
The bank’s efforts to streamline and simplify operations will support its overall growth. However, muted fee income growth remains a key concern. Fall in mortgage banking income due to lower volumes and a decline in refinancing activity along with uncertainty related to performance of capital markets is worrying.
Mastercard’s shares have gained +45.2% year to date, outperforming the Zacks Financial Transaction Services industry which has gained +34.5% over the same period. Its third-quarter 2017 earnings surpassed expectations, mainly driven by strong transaction, higher cross border volumes and gains from acquisitions.
The Zacks analyst likes Mastercard’s solid market position, ongoing expansion and digital initiatives, and significant opportunities from the secular shift toward electronic payments. The acquisitions of VocaLink and NuData Security complement the company’s efforts to participate in new payment flows and enhance its safety and security offerings.
However, it continues to face increasing costs, a volatile forex environment and legal issues. Also, higher incentives and rewards will put pressure on the bottom line.
Other noteworthy reports we are featuring today Royal Dutch Shell and Interactive Brokers.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: ExxonMobil, Bank of America, Mastercard, Royal Dutch Shell and Interactive Brokers
For Immediate Release
Chicago, IL – November 9, 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 ExxonMobil (XOM - Free Report) , Bank of America (BAC - Free Report) , Mastercard (MA - Free Report) , Royal Dutch Shell and Interactive Brokers (IBKR - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Exxon, BofA and Mastercard
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 ExxonMobil, Bank of America and Mastercard. 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 >>>
Strong Buy-rated ExxonMobil’s shares have underperformed the Zacks Oil International Integrated industry (-7.4% vs. +5.7%) in the year to date period as well as peer Chevron (CVX was down -0.4%). However, ExxonMobil has a leading position in the energy industry owing to the size and diversity of its asset base, both in terms of business mix and geographical footprint.
The Zacks analyst likes its stable cash position and the company’s balance sheet is one of the best in the industry, reflecting declining debt load over the first nine months of 2017. The company has been investing heavily in its extensive refining businesses, which will likely help it counter volatile upstream businesses.
In fact, higher margins from the lucrative refinery operations primarily supported ExxonMobil’s strong third-quarter 2017 results. Increased price realizations from liquids and natural gas also drove the Q3 numbers. Moreover, ExxonMobil’s decision to invest in the pre-salt Carcara oil field is commendable as the company expects it to contain as much as 2 billion barrels of high-quality recoverable oil reserves.
(You can read the full research report on ExxonMobil here >>>).
Shares of Bank of America have outperformed the Zacks Major Regional Banks industry over the last six months, gaining +13.3% vs. +9%. This price performance is backed by impressive earnings surprise history as the company has surpassed the Zacks Consensus Estimate in each of the trailing four quarters.
The company’s third-quarter 2017 results were driven by higher net interest income, a fall in operating expenses and decline in credit costs. Rising interest rates, increase in loan and deposit balances along with initiatives to strengthen its balance sheet is expected to continue supporting profitability.
The bank’s efforts to streamline and simplify operations will support its overall growth. However, muted fee income growth remains a key concern. Fall in mortgage banking income due to lower volumes and a decline in refinancing activity along with uncertainty related to performance of capital markets is worrying.
(You can read the full research report on Bank of America here >>>).
Mastercard’s shares have gained +45.2% year to date, outperforming the Zacks Financial Transaction Services industry which has gained +34.5% over the same period. Its third-quarter 2017 earnings surpassed expectations, mainly driven by strong transaction, higher cross border volumes and gains from acquisitions.
The Zacks analyst likes Mastercard’s solid market position, ongoing expansion and digital initiatives, and significant opportunities from the secular shift toward electronic payments. The acquisitions of VocaLink and NuData Security complement the company’s efforts to participate in new payment flows and enhance its safety and security offerings.
However, it continues to face increasing costs, a volatile forex environment and legal issues. Also, higher incentives and rewards will put pressure on the bottom line.
(You can read the full research report on Mastercard here >>>).
Other noteworthy reports we are featuring today Royal Dutch Shell and Interactive Brokers.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>
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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.