Yahoo Finance The Zacks Analyst Blog Highlights: Berkshire Hathaway, JPMorgan, Exxon Mobil, General Mills and Motorola
For Immediate Release
Chicago, IL – December 11, 2018 – 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: Berkshire Hathaway BRK.B, JPMorgan JPM, Exxon Mobil XOM, General Mills GIS and Motorola MSI.
Here are highlights from Monday’s Analyst Blog:
Top Research Reports for Berkshire Hathaway, JPMorgan & Exxon Mobil
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway, JPMorgan and Exxon Mobil. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Berkshire Hathaway’s shares have outperformed the Zacks Insurance - Property and Casualty industry over the past year (+4.2% vs. +0.5%). The Zacks analyst thinks the company is poised for growth since it banks on its sturdy insurance business in the long-term. Its property and casualty insurance business generate maximum return on equity.
The company’s inorganic growth story remains impressive with strategic acquisitions. A strong cash position allows it to make earnings-accretive bolt-on buyouts. Demand for utilities is expected to rise in the future and drive earnings growth. Continued insurance business growth also fuels increase in float. A sturdy capital level provides further impetus.
However, its exposure to catastrophe loss remains a concern. Huge capital expenses due to railroad operations pose concerns. Capital expenditure is estimated to be $9.8 billion in 2018.
Shares of JPMorgan have outperformed the Zacks Major Regional Banks industry over the past six months (-6.8% vs. -11.9%). Also, the company has an impressive earnings surprise history, having surpassed expectations in each of the trailing four quarters.
The Zacks analyst thinks expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support.
However, dismal mortgage banking performance (as originations continue to decline) remains a major concern. This is expected to hurt the bank's non-interest income growth to some extent.
ExxonMobil’s shares have underperformed the Zacks Integrated International Oil industry (-6.5% vs. -4.9%) over the past year. ExxonMobil has a leading position in the energy industry owing to the size and diversity of its asset base, both in terms of business mix and geographical footprint. With a stable cash position, the company’s balance sheet is one of the best in the industry.
The Zacks analyst thinks that this has allowed ExxonMobil to reward stockholders with a 6.3% average annual dividend hike over the past 35 years. Notably, major discoveries in the Stabroek Block, offshore Guyana, with more than 4 billion barrels of oil equivalent gross recoverable resources have enhanced prospects for ExxonMobil’s upstream businesses.
However, escalating capital & exploration expenditures might hurt the company’s free cashflow. Moreover, following the exit from a joint venture in Russia, ExxonMobil is foregoing significant growth opportunities from the region. Also, producing non-renewable energy is a burden for ExxonMobil as an increase in legal actions can prove costly.
Other noteworthy reports we are featuring today include General Mills and Motorola.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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
JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report
Motorola Solutions, Inc. (MSI) : Free Stock Analysis Report
General Mills, Inc. (GIS) : Free Stock Analysis Report
Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report
Exxon Mobil Corporation (XOM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
