Month: December 2017

The Boeing Co BA recently secured a modification contract for the manufacture and delivery of 10 full-rate production P-8A aircraft from the 9th Lot. Of the 10 jets, seven will be provided to the U.S. […]

Jazz Pharmaceuticals plc JAZZ announced that it has submitted a new drug application to the FDA for its lead pipeline candidate, JZP-110 (solriamfetol), for treatment of excessive sleepiness (“ES”) in adult patients with narcolepsy or obstructive sleep apnea (“OSA”). JZP-110 is being evaluated in a phase III TONES program for treatment of OSA and narcolepsy. The TONES program comprises four studies. […]

On Dec 21, we issued an updated research report on Abbott (ABT), a global healthcare company dedicated toward improving life through development of products and technologies. The stock carries a Zacks Rank #3 (Hold). Over the last three months, Abbott has been trading above the broader industry […]

Anthem, Inc. ANTM has completed the acquisition of HealthSun, one of the fastest-growing integrated Medicare Advantage health plans and health care delivery networks in Florida. […]

It goes without saying that the food industry has been suffering from lower sales owing to the changing eating pattern of consumers and their preference for healthy, fresh and organic food products. That said, overlooking the industry will not be prudent as there are several companies with a decent performance history and strong fundamentals, signaling at a profitable investment opportunity. After all, year-end seasonal factors will continue to drive stocks higher. […]

Kinder Morgan, Inc. KMI has announced its intention to invest in the Gulf Coast Express Pipeline Project as majority of the pipeline transportation capacity has been booked by the shippers. […]

Martin Marietta Materials, Inc. MLM has witnessed a dismal price trend so far in 2017. The company’s shares have lost 5% as against the Zacks Building Products – Concrete and Aggregates Industry's growth of 0.1%. […]

Shares of Nektar Therapeutics NKTR have skyrocketed almost 368% this year so far, substantially outperforming the industry ’s increase of 8.2%. Let’s analyze the factors that led to this massive rally. Nektar’s rapid progress on a robust pipeline this year including several study initiations with positive readouts and strategic collaborations has driven its share price consistently. […]

Meredith Corporation MDP has been in investors’ good books for a while now. In fact, the company has been riding high on its strategic acquisitions, robust initiatives and impressive earnings surprise history. Shares of this Zacks Rank #2 (Buy) company have gained 25.5% in the last three months, outperforming the Zacks Publishing-Periodicals industry ’s growth of 18.2%. […]

Big 5 Sporting Goods Inc. BGFV is regaining strength driven by store penetration strategies, impressive growth plans and financial strength. However, the company is not immune to the troubles in the sporting goods industry […]

Best Buy Co., Inc. ‘s BBY extensive investments to upgrade operations with special focus on developing omni-channel capabilities, strengthening partnership with vendors and strategic initiatives bode well. These efforts helped the stock to gain 53.6% in a year, outperforming the industry ’s growth of 45% […]

We issued an updated research report on South Korean steel producer POSCO PKX on Dec 22, 2017. We believe that a diversified business structure, initiatives to improve competitiveness in steel production, focus on growth of other businesses and strengthening steel demand make this stock an attractive choice for investors seeking exposure in the steel industry. The stock carries a Zacks Rank #2 (Buy) […]

Moody's Corporation MCO continues to be a leading provider of credit ratings, research, data & analytical tools, software solutions and related risk management services across the globe. Post the dismal 2016 performance, the company made a comeback this year. Before we dig into the factors that are likely to support the rally in 2018, let’s first check out what the factors which drove the stock this year […]

Shares of L Brands, Inc. LB are riding high on its efforts to streamline Victoria’s Secret business, revamp business by improving store experience, localizing assortments and enhancing direct business. In the past three months, the company’s shares have gained 50%, outperforming the industry ’s growth of 26.4% […]