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The Zacks Analyst Blog Highlights: GlaxoSmithKline, Blackstone Group, Mylan, Lululemon And Whole Foods

Published 08/25/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – August 26, 2016 – 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 GlaxoSmithKline (GSK), Blackstone (NYSE:BX) Group ( BX), Mylan (NASDAQ:MYL) (MYL ), Lululemon (LULU) and Whole Foods (WFM).

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

Here are highlights from Thursday’s Analyst Blog:

Today’s Top Research Reports from Zacks

Today's must-read reports are for GlaxoSmithKline (GSK), Blackstone Group (BX) and Mylan ( MYL).

Shares of Glaxo have gained more than 8% year-to-date. Glaxo’s Q2 results were good with the company beating on all fronts. The analyst likes Glaxo’s diversified base and presence in different geographical areas, which should help support revenues. The performance of new products as well as those acquired from Novartis is also encouraging. Glaxo’s efforts to develop its pipeline and efforts to increase cost efficiency are also encouraging. However, challenges remain in the form of increasing competition, genericization and pricing pressure, (You can read the full research report on Glaxo here.)

Blackstone’s shares have gained more than 10% year-to-date. The analyst thinks that Blackstone remains well positioned to capitalize on the changing investment landscape by making long-term investments and augmenting its fund-raising ability. This will lead to continued growth in AUM. Further, the company continues to benefit from the changing investor preference for alternative assets and other risk management strategies. However, mounting operating expenses – which might increase further owing to requirement of more headcount for its well performing funds – remain a major concern (You can read the full research report on Blackstone here.)

Mylan’s shares have not being having a good time of late. Mylan’s second-quarter results were mixed with the company beating on earnings but missing top-line estimates. The analyst likes Mylan’s pursuit of prudent acquisitions and the fact that it is inking strategic deals to drive long-term growth. Moreover, the acquisition of the Renaissance topicals business, when combined with the Meda buyout, is expected to position Mylan as a leader in dermatology. (You can read the full research report on Mylan here .)

Other noteworthy reports we are featuring today include Lululemon (LULU) and Whole Foods (WFM).

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

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

About Zacks Equity Research

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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.



GLAXOSMITHKLINE (GSK): Free Stock Analysis Report

BLACKSTONE GRP (BX): Free Stock Analysis Report

MYLAN NV (MYL): Free Stock Analysis Report

LULULEMON ATHLT (LULU): Free Stock Analysis Report

WHOLE FOODS MKT (WFM): Free Stock Analysis Report

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