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New Research Reports For Alibaba, Halliburton & Time Warner

Published 10/11/2016, 11:38 PM
Updated 07/09/2023, 06:31 AM
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Wednesday, October 12, 2016

Today's Research Daily features new research reports on 16 major stocks, including Alibaba (NYSE:BABA), Time Warner (TWX) and Halliburton (NYSE:HAL). These 16 reports have been hand-picked from the roughly 80 research reports issued by our analyst team today. You can see the complete list of today's research reports here >>>

Shares of Strong Buy rated Alibaba have been strong performers this year (they are up more than 29% year-to-date), with analysts steadily raising estimates for this year and next. Driving this momentum is the steadily improving outlook for China and Alibaba's dominant position in that market. The Zacks analyst likes the company’s dominance in the fast-growing mobile commerce market in China, its continued efforts to develop new products, international growth opportunities and strong financial position. Alibaba Group’s fiscal first-quarter results exceeded the Zacks Consensus Estimate. The solid growth in Alibaba’s China retail and mobile business as well as strength across most of the core operating metrics aided the results. You can read the full research report on Alibaba here>>)

Shares of Buy rated Time Warner have handily outperformed the broader market as well as the media space (the stock is up more than 21% year-to-date) on greater appreciation for the company's proactive strategic initiatives in response to the evolving media landscape. These include investments in digital platforms like the Hulu stake, HBO GO & HBO NOW, the Flixter purchase and the device-agnostic UltraViolet digital movie technology. In a way, Time Warner has shown its willingness and ability to explore every possible avenue to monetize its substantial content. The fact that it has an impressive track record of earnings surprises and operating and capital efficiencies further add to the Time Warner story. (You can read the full research report on Time Warner here>>)

Halliburton’s shares have gained a phenomenal 37% year-to-date. The analyst likes the Buy rated stock’s leading position in the North American oilfield services market, with particular emphasis on the unconventional shale plays. HAL has held up well amid the rig count carnage that has hit activity levels and pricing. This can be attributed to aggressive expense management. In fact, HAL is trying to use the challenges prevailing in the industry to its advantage, mainly by offering low cost solutions that will aid producers in churning out more by investing less. (You can read the full research report on Halliburton here>>)

Other noteworthy reports we are featuring today include Google (NASDAQ:GOOGL), Mylan (NASDAQ:MYL) and Wells Fargo (NYSE:WFC).

Today's Private Buys & Sells from Zacks Research
While we share the above news with the public, our sensitive recommendations are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . 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 trades >>

You can find all of today's stock research reports here>>

Sheraz Mian

Director of Research

Note: If you want an email notification each time Sheraz publishes a new article, please click here>>>

Featured Reports

Itau Unibanco (ITUB) on Acquisition Spree, Poised for Growth

The Zacks analyst thinks Itau Unibanco is well poised for growth given its continued acquisition moves. Recently, it agreed to acquire Citigroup (NYSE:C)'s Brazilian retail unit to expand operations.

eBay (EBAY) Riding on Acquisitions & Strategic Partnerships

The Zacks analyst believes that acquisitions and strategic partnerships are going to play a significant role in eBay's continued growth.

Micron's (MU) Q4 Results Backed by Improved DRAM Pricing

Micron's 4Q16 results benefitted from better pricing in the DRAM memory chip market and PC market recovery. The Zacks analyst expects these factors to aid results going ahead as well.

Wells Fargo (WFC) Closes GE Deal, Sales Scam Fallout Deepen

The covering analyst believes acquisition moves, including the purchase of several assets from GE Capital will aid its growth strategy.

Praxair (NYSE:PX) to Boost Business on Contract Wins, Plant Start-Ups

The Zacks analyst thinks recent contract wins and plant start-ups support Praxair's expansionary initiatives.

C.H Robinson (CHRW) Acquires APC Logistics; Forex Woes Stay

The covering analyst is positive on the APC Logistics acquisition which is expected to boost the company's top-line.

Barclays (LON:BARC)' (BCS) Streamlining Efforts to Aid Profitability

The Zacks analyst believes that Barclays' success in lowering costs via streamlining efforts will go a long way in improving profits.

New Upgrades

U.S Cellular (USM) to Benefit From 4G LTE Expansion

The Zacks analyst believes that continuous rollout of 4G LTE and accelerating subscriber growth will boost company's top line going forward

Google's (GOOGL) Diversification Strategy Bodes Well

The covering analyst believes that Google's diversification strategy will continue to boost revenues. Artificial intelligence, Android OS and hardware are the other positive areas.

Sina (SINA) to Drive Growth on Weibo and Robust Product Portfolio

The covering analyst believes that strength in Weibo business, a strong product pipeline and a robust user base for Sina's e-Commerce offerings would add to top line in the long run.

New Downgrades

American Airlines' (AAL) September Traffic, Load Factor Fall

In spite of the company's improved PRASM guidance, the Zacks analyst is disappointed by its lackluster September traffic numbers. The recent labor deals are also likely to hurt its near-term earnings.

BP's (LON:BP) Asset Sales to Settle Litigations Limit Growth

The covering analyst believes that although BP has cleared litigation expenses related to the spill, it had to sell some of its best operating assets. This may hinder BP's future opportunities.

Mylan (MYL) Lowers 2016 Earnings View on EpiPen Woes

The Zacks analyst believes that the EpiPen pricing controversy is weighing heavily on Mylan and hence the cut in 2016 earnings outlook is disappointing.



WELLS FARGO-NEW (WFC): Free Stock Analysis Report

TIME WARNER INC (TWX): Free Stock Analysis Report

MYLAN NV (MYL): Free Stock Analysis Report

HALLIBURTON CO (HAL): Free Stock Analysis Report

ALPHABET INC-A (GOOGL): Free Stock Analysis Report

ALIBABA GROUP (BABA): Free Stock Analysis Report

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