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The Zacks Analyst Blog Highlights: JPMorgan, Altria, Charter Communications, Baxter and lululemon

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For Immediate Release

Chicago, IL – September 5, 2018 – 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 JPMorgan (JPM - Free Report) , Altria (MO - Free Report) , Charter Communications (CHTR - Free Report) , Baxter (BAX - Free Report) and lululemon (LULU - Free Report) .

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

Top Research Reports for JPMorgan, Altria and Charter Communications

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 JPMorgan, Altria and Charter Communications. 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 >>>

JPMorgan’s shares have outperformed the Zacks Major Regional Banks industry over the last six months (-0.4% vs. -2.8%). Also, the company has an impressive earnings surprise history, having surpassed expectations in each of the trailing four quarters.

The Zacks analyst thinks expansion into new markets, focus on strengthening the card business, higher interest rates and rising loan demand will benefit the bank’s financials. Also, lower tax rates and easing of stringent regulations are expected to offer some support.

However, dismal mortgage banking performance (as originations continue to decline) remains a major concern. This is expected to hurt revenue growth to some extent in the near-term.

(You can read the full research report on JPMorgan here >>>).

Shares of Altria have outperformed the Zacks Tobacco industry in the last six months (-8.7% vs. -18.8%). Altria has been delivering year-over-year bottom-line growth for quite some time and maintained the upside in second-quarter 2018.

Performance during the quarter was mainly backed by lower outstanding shares and reduced adjusted tax rate. In fact, solid performance in the first half of 2018 propelled management to raise 2018 view. The Zacks analyst thinks Altria has been progressing well with reduced risk products. Pricing also continues to drive the company’s top line.

On the flip side, stern FDA regulations combined with increased health consciousness has been taking a toll on cigarette sales. Notably, cigarette shipment volumes fell 10.8% year over year during second quarter, wherein total cigarette retail share declined 50.2%. Sadly, volumes in this category are expected to remain soft in the forthcoming periods, owing industry-wide headwinds.

(You can read the full research report on Altria here >>>).

Charter Communications’ shares have underperformed the Zacks Cable TV industry over the past year (-21.1% vs. -16.4%). The Zacks analyst thinks Charter is benefiting from subscriber growth in residential and commercial internet and voice segment.

The partnership with Comcast to develop back-end software to support services for Xfinity mobile offering is significantly positive. The collaboration will help in saving costs. Moreover, the launch of Spectrum Mobile service under mobile virtual network operator (MVNO) reseller agreement with Verizon is positive for the company.

However, Charter continues to struggle due to a saturated and competitive multi-channel U.S. video market. The company also faces stiff competition from online TV streaming service providers. The company's high debt level and consolidation-related woes are major headwinds.

(You can read the full research report on Charter Communications here >>>).

Other noteworthy reports we are featuring today include Baxter and lululemon.

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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 >>.

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