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The Zacks Analyst Blog Highlights: United Technologies, NVIDIA, Raytheon, Simon Property And Energy Transfer Partners

Published 08/14/2017, 10:10 PM
Updated 07/09/2023, 06:31 AM

For Immediate Release

Chicago, IL – August 15, 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 United Technologies (NYSE: (NYSE:UTX) Free Report), NVIDIA (NASDAQ: (NASDAQ:NVDA) Free Report), Raytheon (NYSE: (NYSE:RTN) Free Report), Simon Property (NYSE: (NYSE:SPG) Free Report) and Energy Transfer Partners (NYSE: (NYSE:ETP) Free Report).

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

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Tuesday: UTX, NVDA, RTN & More

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including United Technologies (NYSE:UTX Free Report), NVIDIA (NASDAQ:NVDA Free Report) and Raytheon (NYSE:RTN Free Report). 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 >>>

United Technologies shares have outperformed the Zacks Conglomerates sector as well as the S&P 500 index in the year-to-date period (the stock is up +6.6% vs. -2.2% declined for the sector) on the back of a revamped aerospace unit and improved growth outlook through strategic acquisition opportunities. United Technologies reported healthy second quarter results, surpassing earnings expectations. Management also raised its guidance for 2017 on favorable growth dynamics.

While questions remain about the new administration's ability to ramp up defense spending, this favorable expectation is nevertheless a positive for the company. The improving outlook for the global economy is another macro tailwind for UTX. The company remains in excellent financial health and pays a stable dividend (currently yielding 2.3%).

(You canread the full research report on United Technologies here >>>).

Shares of Strong Buy-rated NVIDIA have surged over the last year, gaining in excess of +147% versus the Zacks General Semiconductors industry’s +28.4% gain. NVIDIA posted impressive second-quarter fiscal 2018 results and provided encouraging third quarter revenue guidance.

The Zacks analyst likes NVIDIA’s sustained efforts toward attaining robust position in several emerging domains such as Artificial Intelligence (AI), deep learning and driverless cars. NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs remain positives. The company’s focus on GRID platforms can increase GPU adoption in data centers, giving it an advantage against its competitors.

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

Raytheon shares have risen around +26.3% year-to-date, outperforming the Zacks Defense Equipment industry, which has increased +19.8% over the same period. Raytheon’s second-quarter earnings and revenues have surpassed expectations, on the back of improved year-over-year performance. However, the company’s declining backlogs is a worry. Nevertheless, buoyed by better-than-expected results and expectations to carry on such performance in the days ahead, Raytheon raised its 2017 outlook.

The Zacks analyst stresses that the company is one of the best-positioned large-cap defense players due to its non-platform-centric focus. On the flip side, factors like tough competition, budget deficits and political uncertainty continue to be major headwinds for Raytheon. Moreover, a comparative analysis of the company’s historical EV/EBITDA ratio reflects a relatively gloomy picture that might be a cause for investors’ concern.

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

Other noteworthy reports we are featuring today include Simon Property (NYSE:SPG Free Report) and Energy Transfer Partners (NYSE:ETP Free Report).

More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

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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 >>.

Get the full Report on UTX - FREE

Get the full Report on NVDA - FREE

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



Sunoco Logistics Partners LP (ETP): Free Stock Analysis Report

United Technologies Corporation (UTX): Free Stock Analysis Report

Raytheon Company (RTN): Free Stock Analysis Report

NVIDIA Corporation (NVDA): Free Stock Analysis Report

Simon Property Group, Inc. (SPG): Free Stock Analysis Report

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