Advertisement
UK markets close in 7 hours 12 minutes
  • FTSE 100

    7,831.84
    -45.21 (-0.57%)
     
  • FTSE 250

    19,283.38
    -167.29 (-0.86%)
     
  • AIM

    740.59
    -4.70 (-0.63%)
     
  • GBP/EUR

    1.1680
    -0.0003 (-0.02%)
     
  • GBP/USD

    1.2440
    +0.0002 (+0.01%)
     
  • Bitcoin GBP

    52,072.01
    +2,999.26 (+6.11%)
     
  • CMC Crypto 200

    1,328.96
    +16.33 (+1.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CRUDE OIL

    83.13
    +0.40 (+0.48%)
     
  • GOLD FUTURES

    2,397.40
    -0.60 (-0.03%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,245.82
    -140.05 (-0.85%)
     
  • DAX

    17,685.45
    -151.95 (-0.85%)
     
  • CAC 40

    7,972.24
    -51.02 (-0.64%)
     

The Zacks Analyst Blog Highlights: Boeing, Schlumberger, JPMorgan, Cerner and PACCAR

Ranger Energy Services, Inc. (RNGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

For Immediate Release

Chicago, IL – September 29, 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 Boeing (NYSE:BA – Free Report), Schlumberger (NYSE:SLB – Free Report), JPMorgan (NYSE:JPM – Free Report), Cerner (Nasdaq:CERN – Free Report) and PACCAR (Nasdaq:PCAR – 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 Boeing, Schlumberger and JPMorgan

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 Boeing (NYSE:BA – Free Report), Schlumberger (NYSE:SLB – Free Report) and JPMorgan (NYSE:JPM – Free Report). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

ADVERTISEMENT

You can see all of today’s research reports here >>>

Boeing's shares have surged +93.7% over the past year, outperforming the Zacks Aerospace & Defense sector, which gained +43% during the same time period. Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors.

The company’s 20-year market outlook, forecasts commercial jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs and strong order bookings.

However, the company continues to face challenges from order cancellations, stiff competition as well as falling delivery numbers. Boeing’s 787 Dreamliner's deferred production cost also remains a cause of concern for the company. For its 747 model, weak demand for large commercial passenger and freighter aircraft also adds to the woes.

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

Shares of Schlumberger lost -17.1% value year to date, following the Zacks Oil and Gas Field Services industry’s -26.2% decline. Schlumberger is the world's largest oilfield services company. The firm’s focus on lucrative international markets deserves special mention. Being the leading provider of technology for complex oilfield projects, Schlumberger is better positioned than most peers to take up new offshore projects in the shallow water basins outside North America. Also, the company’s dividend yield is higher than Zacks Oil Field Services industry.

However, lack of exposure to profitable U.S. shale plays might reduce the number of oilfield service contracts for Schlumberger. Moreover, since 2015, long-term debt at Schlumberger has been on the rise. Also, the company’s cash balance has been going down steeply since the beginning of 2016.

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

JPMorgan's shares have marginally outperformed the Zacks Major Regional Banks industry over the past six months, (+7.9% vs. +7.4%). This price performance is backed by impressive earnings surprise history.

The company has surpassed the Zacks Consensus Estimate for earnings in all the trailing four quarters. Its efforts to control expenses through streamlining and branch consolidation are commendable. These have been supporting bottom-line growth. While the company faces a persistent fee income growth challenge, the improved rate scenario, potential lesser regulations and rising loan demand should continue to benefit its financials.

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

Other noteworthy reports we are featuring today include Cerner (Nasdaq:CERN – Free Report) and PACCAR (Nasdaq:PCAR – Free Report).

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple 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.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>

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 BA - FREE

Get the full Report on SLB - FREE

Get the full Report on JPM - FREE

Get the full Report on CERN - FREE

Get the full Report on PCAR - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

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


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
J P Morgan Chase & Co (JPM) : Free Stock Analysis Report
 
Cerner Corporation (CERN) : Free Stock Analysis Report
 
Boeing Company (The) (BA) : Free Stock Analysis Report
 
PACCAR Inc. (PCAR) : Free Stock Analysis Report
 
Schlumberger N.V. (SLB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research