Wednesday, September 21, 2016
Today's Research Daily features new research reports on 16 major stocks, including DISH Network (NASDAQ:DISH), BCE Inc. (BCE), and Qualcomm (NASDAQ:QCOM).
Shares of Strong Buy rated DISH Network have turned around lately (they are up almost 5% over the past month) after losing ground earlier. The Zacks analyst likes DISH’s efforts to diversify its business model from being a pure-play satellite-TV operator to an Internet TV operator. Further, DISH Network is poised to benefit from its recent launch of a new version of its Internet TV service -- Sling TV. Additionally, the company has a strong portfolio of wireless spectrums which can be monetized or can be used for installing mobile networks. (You can read the full research report on DISH Network here>>)
BCE shares have surged 18% year-to-date, outperforming the broader market as well as its U.S. peers like AT&T (NYSE:T), Verizon (VZ) and others. The analyst likes BCE subsidiary Bell Canada’s leading position in the Canadian broadband communications market. Increasing deployment of Gigabit Fibe, 4G LTE mobile networks, upcoming 5G networks, IP phone services and post-paid businesses should help the company gain customers. The analyst discusses the pros & cons of investing in BCE shares at present and points out the near-term earnings imapct of the BCE's spending on employee skills, increase capital investments and reduce expenditures may impact the company’s financials and growth prospects if not executed properly. (You can read the full research report on BCE Inc. here>>)
Qualcomm’s shares have surged ahead of the broader market year-to-date, gaining more than 25%. The analyst likes Qualcomm’s leadership position in the global wireless baseband chipset market and its growing presence in related opportunities such as mobile computing and IoT. The company's new patent license agreements with Chinese smartphone makers should boost Qualcomm’s top line and also solidify its footing in the Chinese market. However, the company is facing increasing competition from MediaTek and Intel (NASDAQ:INTC) and has projected a soft revenue outlook for 2016. (You can read the full research report on Qualcomm here>>)
Other noteworthy reports we are featuring today include Barclays (LON:BARC) (BCS), GE (GE), and Twenty-First Century Fox (FOXA).
You can find all of today's stock research reports here>>>
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Sheraz Mian
Director of Research
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Today's Must Read
Featured Reports
General Electric (NYSE:GE) Poised for Growth with Strategic Buy
The analyst stresses how GE is restructuring its portfolio by divesting most of GE Capital's assets to redefine itself as an industrial entity with a digital edge as exemplified by the Meridium deal.
Ameriprise (AMP) Poised for Growth, Costs Remain a Concern
The Zacks analyst believes that Ameriprise's strength in product development will help it in meeting the dynamic market needs. However, fixed interest costs and claims continue to remain elevated.
Infosys (INFY) Riding High on EdgeVerve, Skava Business
The covering analyst thinks Infosys is riding on the momentum in its EdgeVerve business and Skava platform.
Muted Spending Levels a Concern for Cognizant (CTSH)
The Zacks analyst believes that weakness in healthcare and financial spending will continue to weigh on Cognizant's sales.
Barclays' (BCS) Streamlining Aids Growth, Revenue Woes Linger
According to the covering analyst, efforts to streamline operations and reduce the expense base continue to support profitability.
Weak End-Markets Dampen ABB's (ABB) Growth Prospects
The Zacks analyst believes that weak end markets, especially oil & gas, coupled with FX headwinds will continue to offset gains from ABB's "Next Level Strategy" & infrastructure market stronghold.
DTS Buyout to Boost Tessera's (TSRA) Product Capabilities
The Zacks analyst thinks that the DTS buyout will help Tessera develop next-generation imaging, audio and semiconductor packaging technologies.
New Upgrades
SunTrust's (STI) Cost Saving Efforts to Support Profitability
The Zacks analyst thinks SunTrust's cost saving strategies has positioned it comfortably for future growth as expenses continue a downward trend. Also, improving credit quality will support financials.
Rogers Communications (RCI) to Benefit from IoT Ventures
The covering analyst believes that Rogers Communications' three IoT services - End-to-End Incident Management, Farm & Food Monitoring and Level Monitoring should drive growth for the company
S&P Global (SPGI) Banks on Strategic Initiatives for Growth
The Zacks analyst thinks S&P Global's strategic investment and focus on core business is helping it emerge as a leader among rating providers and analytics in the global capital and commodity markets.
New Downgrades
Rising Costs a Worry for Twenty-First Century Fox (FOXA)
The Zacks analyst thinks increase in expenses at Twenty-First Century Fox's Cable Network Programming may dent the company's margins and in turn the bottom line in the coming quarters.
Novartis' (NVS) Key Products Face Generic Competition
The covering analyst believes that generic competition faced by the company's key drugs and weakness in the Alcon business will continue to dampen top line growth in the upcoming quarters.
Soft Traffic Trend to Hurt Starbucks' (NASDAQ:SBUX) Revenues
The Zacks analyst believes slowdown in U.S. traffic will dent Starbucks' revenues considerably. Also, the company has cut its full-year sales and comps outlook.
QUALCOMM INC (QCOM): Free Stock Analysis Report
GENL ELECTRIC (GE): Free Stock Analysis Report
TWENTY-FST CF-A (FOXA): Free Stock Analysis Report
DISH NETWORK CP (DISH): Free Stock Analysis Report
BARCLAY PLC-ADR (BCS): Free Stock Analysis Report
BCE INC (BCE): Free Stock Analysis Report
Original post
Zacks Investment Research