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The Zacks Analyst Blog Highlights: United Technologies, Sprint, Eli Lilly, Edwards Lifesciences And Whirlpool

Published 10/26/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – October 27, 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 United Technologies (NYSE:UTX) (NYSE:UTXFree Report),Sprint (NYSE:SFree Report),Eli Lilly (NYSE:LLYFree Report),Edwards Lifesciences (NYSE:EW) (NYSE:EWFree Report) and Whirlpool (NYSE:WHR) (NYSE:WHRFree Report).

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

Here are highlights from Wednesday’s Analyst Blog:

Analyst Reports for Sprint, Eli Lilly and United Technologies

Today's Research Daily features new research reports on 16 major stocks, including United Technologies (NYSE:UTXFree Report), Sprint (NYSE:SFree Report) and Eli Lilly (NYSE:LLYFree Report).

United Technologies shares have performed in-line with the broader market in the year-to-date period, though sentiment on the stock will likely benefit from the solid third-quarter report where it beat estimates and provided favorable outlook. The analyst likes the business mix and diversification which allows the company to deliver consistent earnings and dividend growth. The company remains focused on four key priorities to fuel its growth engine: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. United Technologies also raised the lower end of its 2016 earnings guidance on favorable growth dynamics. (You can read the full research report on United Technologies here>> )

Sprint shares have been standout performers lately (the stock is up nearly 80% year-to-date), likely reflecting market participants' optimism about the wireless provider's SoftBank-inspired (Japan's SoftBank owns 80% of Sprint) turnaround plan. Sprint reported impressive financial results for the second quarter of fiscal 2016. The analyst likes the company’s newly initiated growth and investment plans. Moreover, the upcoming launch of its new 5G technology, attractive promotional plans, tilt towards IP-enabled cloud services and sale-leaseback transactions to pay-off its debt, are sure to increase its customer base and improve liquidity pressures. However, by offering attractive promotional plans and lucrative discounts, Sprint is experiencing high cash burn rate. (You can read the full research report on Sprint here>>)

Pharmaceutical stocks have been under pressure this year on pricing and regulatory concerns in the current political backdrop and Eli Lily shares have been no different. Lilly’s third quarter results were below expectations with earnings and revenues missing estimates, but the analyst is encouraged by the fact that Lilly expects to launch 20 new products in a 10 year time-frame ranging from 2014 to 2023 and could launch at least 2 new indications/line extensions on average every year. Moreover, Lilly expects to return to annual dividend increases starting Dec 2016 and to return excess cash through share buybacks. (You can read the full research report on McDonald’s here>>)

Other noteworthy reports we are featuring today include Edwards Lifesciences (NYSE:EWFree Report) and Whirlpool (NYSE:WHRFree Report).

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

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

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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

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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.



UTD TECHS CORP (UTX): Free Stock Analysis Report

SPRINT CORP (S): Free Stock Analysis Report

LILLY ELI & CO (LLY): Free Stock Analysis Report

EDWARDS LIFESCI (EW): Free Stock Analysis Report

WHIRLPOOL CORP (WHR): Free Stock Analysis Report

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