Month: January 2019

Utilities provide basic services and are not affected by the vagaries of the economy. These are preferred by investors due to stability of operations and their capability to reward shareholders with regular dividend payments. Utility operation is capital intensive as consistent investment is required to maintain and replace older pipelines and water mains, upgrade storage facilities, as well as setup and develop new water refinery units […]

We issued an updated research report on Westlake Chemical Corporation WLK on Dec 31. Acquisitions to Drive Growth Westlake Chemical is well placed to benefit from the Axiall acquisition. […]

Driven by strong fundamentals and good growth prospects, Essent Group Ltd. ESNT looks like an attractive investment option right now. Moreover, its earnings estimates have been increasing lately, indicating analysts’ optimism regarding the company’s growth prospects. […]

We issued an updated research report on The Sherwin-Williams Company SHW on Dec 31, 2018. Sherwin-Williams has underperformed the industry it belongs to over the past year. The company’s shares have moved down 5.3% over this period compared with the industry’s decline of 2.7%. […]

Reportedly, Apple AAPL is collaborating with Sony Corporation SNE to deploy 3D cameras on iPhone XI in a bid to revive dwindling iPhone sales globally. The company plans to leverage Sony’s long-range 3D Camera based on Time of Flight (ToF) technology. This move is expected to enhance iPhone’s photography, security and gaming features, which will help in luring more customers […]

Despite high operating expenses, Landstar System LSTR is a stock that investors must retain in their portfolios owing to the below-mentioned tailwinds. The company has performed impressively in the first nine months of the year owing to an upbeat freight scenario, thereby causing a rise in the demand for its services. […]

The Boeing Company BA recently secured a $400-million contract to provide recurring and non-recurring engineering services to B-1 and B-52 aircraft. The contract was awarded by the Air Force Life Cycle Management, Tinker Air Force Base, Oklahoma City, OK. Work related to the deal will be performed in Tinker Air Force Base, OK, Edwards Air Force Base, CA, Barksdale Air Force Base, LA, and Oklahoma City, OK, and is expected to get completed by Dec 31, 2019. […]

Driven by continued improvement in loan balances, along with higher rates, Zions Bancorporation, National Association ’s ZION top-line growth is expected to continue. Moreover, the regulatory nod for removal of the label of systemically important financial institution (“SIFI”) is a major positive for the company. However, increasing expenses and exposure toward risky loan portfolios are major concerns for the company […]

Masco Corporation MAS is poised to gain from strategic acquisitions & divestures, healthy repair and remodel activity, as well as cost-cutting measures. Undeniably, higher raw material and ERP costs, as well as logistics expenses pose significant threats to Masco’s margins. Although the ongoing headwinds have impacted the company’s performance, as is evident from the stock’s decline of 21.4% in the past six months, it has outperformed its industry in the said period. […]

Shares of CSX Corporation CSX have gained 12.9% in 2018, against the industry ’s 0.2% decline. Reasons Behind the Price Surge CSX has been benefiting from the Precision Scheduled Railroading model, since its implementation in 2017. […]

Cadence Design Systems, Inc. CDNS has been witnessing upward earnings estimate revisions of late, reflecting optimism in the stock’s prospects. In fact, the Zacks Consensus Estimate for the company’s current-year earnings has increased 7.7% in the past three months to $1.82 per share. […]

Shares of Nordstrom, Inc. JWN have lost 8.1% in the past six months as margins remain under pressure due to higher expenses. Notably, increased occupancy expenses with regard to store openings, higher SG&A and pre-opening expenses have been dampening margins. […]

Shares of Portola Pharmaceuticals, Inc. PTLA rallied 14.2% on Dec 31 after the FDA approved the Prior Approval Supplement filing for large-scale Generation II manufacturing process for Andexxa. […]