Fujifilm Holdings Corp. FUJIY reinforced its innovation-based growth trajectory with the launch of the latest variety of its XP series camera.
Over the last year, Fujifilm’s shares have rallied 12.9%, as against 24.9% loss incurred by the industry. This Zacks Rank #3 (Hold) company is poised to grow on the back of meaningful acquisitions, improving Information and Imaging Solutions businesses and ongoing VISION2019 program (rolled out for fiscal 2018-2020). However, dismal Document Solutions business, stiff industry rivalry and unfavorable foreign currency-translation impact might impede near-term growth.
In Details
Fujifilm noted that FinePix XP130 — the latest XP camera model — outshines in terms of both features and design. The camera features a specialized one-handed grip design and includes a dual-locking device for the battery section, hence is appropriate for outdoor usage. Being shockproof, freezeproof, dustproof and waterproof Fujifilm’s FinePix XP130 is a perfect gadget for capturing different types of adventures.
Moreover, FinePix XP130 includes the recent bluetooth technology, and enables instant and automatic image transmission to tablet and smartphone devices over easy paring process. Notably, with the free FUJIFILM Camera Remote application, users would be able to sync location- and time-related information from the FinePix XP130 camera to the images.
FinePix XP130 also includes the state-of-the-art FUJINON lens and comprises 16.4 megapixel back-illuminated complementary metal-oxide-semiconductor sensor.
Stocks to Consider
Some better-ranked stocks in the Zacks Categorized Computer and Technology Sectorare listed below:
Analog Devices, Inc. ADI carries a Zacks Rank of 2 (Buy). The company has pulled of an average positive earnings surprise of 16.34% for the last four quarters. You can see the complete list of today’s Zacks #1 Rank stocks here.
Applied Materials, Inc. AMAT has a Zacks Rank of 2. The company generated an average positive earnings surprise of 2.82% during the same time frame.
KLA-Tencor Corporation KLAC also holds a Zacks Rank of 2. The company pulled of an average positive earnings surprise of 6.64% over the preceding four quarters.
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