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The Zacks Analyst Blog Highlights: Canadian National, Itau Unibanco, Expedia, Edison International And Delphi Automotive

Published 07/06/2017, 09:30 PM
Updated 07/09/2023, 06:31 AM

For Immediate Release

Chicago, IL – July 07, 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 Canadian National (NYSE: CNI Free Report ), Itau Unibanco (NYSE: ITUB Free Report ), Expedia (NASDAQ:EXPE) (NASDAQ: EXPE Free Report ), Edison International (NYSE:EIX) (NYSE: EIX Free Report ) and Delphi Automotive (NYSE: DLPH Free Report ).

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

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for Friday: CNI, ITUB, EXPE

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 Canadian National (NYSE: CNI Free Report ), Itau Unibanco (NYSE: ITUB Free Report ) and Expedia (NASDAQ: EXPE 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 >>>

Canadian National ’s shares have done well since the election (up +28%) and have also posted strong gains over the last year (up +38.8%), but failed to outperform the Zacks Transportation Rail industry which gained +39.5% over the same period. However, the stock has outperformed fellow railroad operator, Canadian Pacific, which has gained +24.8% over the last year. The Zacks analyst likes the company's initiatives to reward investors.

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Furthermore, the company's 2017 capital investment plan is a positive. This plan complements its efforts to promote safety and enhance productivity. Due to these tailwinds we expect the stock to perform well in the second quarter. Detailed results should be out on Jul 25. Estimates have moved up 3.2% to $0.97 per share over the last month. The company's high debt levels, however, raise concerns.

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

Shares of Itau Unibanco underperformed the Zacks categorized Foreign Banks industry year to date losing -6.5% vs a gain of +16.8%. Rising operational risk, with management's expectation of non-interest expenses to grow in the range of 1.5–4.5% in 2017, remains a concern. But the Zacks analyst likes the company focus on building strategies to expand inorganically. In Dec 2016, it completed the acquisition of 40% equity stake in Itau BMG Consignado. Further, it has been diversifying its loan composition with focus on origination of products with lower risks and more guarantees.

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

Expedia ’s shares have underperformed the Zacks characterized Electronic Commerce industry year to date gaining +32.6% vs +40.4%. However, it has outperformed its peers Priceline (up +26.8%) and TripAdvisor (down -19.4%) over the same period. The company's agency business looks good, which is no doubt benefiting from the ETP initiative.

However, the Zacks analyst thinks increased investments in the business, increasing competition across geographies, discounts offered by larger chain hotels and lack of ADR growth in emerging markets can make margin expansion difficult. Detailed results are expected on Jul 27. Estimates have increased by 0.7% to $4.18 per share over the last 60 days.

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

Other noteworthy reports we are featuring today include Edison International (NYSE:EIX Free Report ) and Delphi Automotive (NYSE: DLPH Free Report ).

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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 CNI - FREE

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Get the full Report on EXPE - FREE

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Get the full Report on DLPH - 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/performance for information about the performance numbers displayed in this press release.



Canadian National Railway Company (CNI): Free Stock Analysis Report

Itau Unibanco Banco Holding SA (ITUB): Free Stock Analysis Report

Expedia, Inc. (EXPE): Free Stock Analysis Report

Edison International (EIX): Free Stock Analysis Report

Delphi Automotive PLC (DLPH): Free Stock Analysis Report
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