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The Zacks Analyst Blog Highlights: Caterpillar, Royal Dutch, Goldman, Barrick And Centene

Published 06/25/2019, 09:13 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL –June 26, 2019 – 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: Caterpillar (NYSE:CAT) , Royal Dutch Shell (LON:RDSa) RDS.A, Goldman Sachs (NYSE:GS) , Barrick Gold (NYSE:GOLD) and Centene Corporation (NYSE:CNC) .

Here are highlights from Tuesday’s Analyst Blog:

Top Research Reports for Caterpillar, Royal Dutch Shell and Goldman Sachs

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 Caterpillar, Royal Dutch Shell and Goldman Sachs. 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 >>>

Caterpillar’s shares have outperformed the Zacks Construction and Mining industry (+7.7% vs. +7.6%) over the past six months. The Zacks analyst thinks that continued strength in its end markets, robust backlog and focus on cost control is likely to drive results.

For the Construction Industries segment, improvement in residential and non-residential construction in North America, and infrastructure demand is likely to aid revenues. Global economic momentum and increasing commodity prices is restoring miners’ profitability and they are resuming capital spending which bodes well for the Resource Industries segment. Investments in expanded offerings and services, and digital initiatives like e-commerce will also fuel growth.

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

Shares of Royal Dutch Shell have outperformed the Zacks Integrated Oil industry in the year to date period, gaining +13.0% vs +9.2%. The Zacks analyst thinks Royal Dutch Shell’s upstream unit profit has rebounded strongly over the past few quarters, while the integrated gas business — consisting of BG Group activities — impressed on the back of pricing gains.

Notably, the Anglo-Dutch company's position as a key supplier of liquefied natural gas should benefit its long-term cash flow growth on the back of attractive growth opportunities. However, there are apprehensions that Royal Dutch Shell's disposal program could affect crude production, which was down 2% year over year in 2018.

(You can read the full research report on Royal Dutch Shell here >>>).

Goldman Sachs’ shares have gained 3.6% in the last three months, outperforming the Zacks Financial - Investment Bank industry, which has lost -1.7% over the same period. The Zacks analyst believes Goldman’s well-diversified business and focus to capitalize on growth opportunities through strategic moves will continue to strengthen the overall business.

Additionally, cost-control efforts are commendable. Notably, the bank has announced a deal to acquire United Capital Financial Partners, a boutique wealth-management firm.

Recently, the bank has cleared the 2019 stress test and awaits capital plan approval. However, Goldman has been embroiled in the scandal related to the multibillion-dollar 1Malaysia Development Bhd (1MDB), which is a major concern.

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

Other noteworthy reports we are featuring today include Barrick Gold and Centene Corporation.

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Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.



The Goldman Sachs Group, Inc. (GS): Free Stock Analysis Report

Caterpillar Inc. (CAT): Free Stock Analysis Report

Centene Corporation (CNC): Free Stock Analysis Report

Barrick Gold Corporation (GOLD): Free Stock Analysis Report

Royal Dutch Shell PLC (RDS.A): Free Stock Analysis Report

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Zacks Investment Research

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