The Zacks Analyst Blog Highlights: NextEra, T-Mobile, Petrobras, Keurig Dr Pepper and United Continental
For Immediate Release
Chicago, IL –March 18, 2019 – 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: NextEra Energy NEE, T-Mobile TMUS, Petrobras PBR, Keurig Dr Pepper KDP and United Continental UAL.
Here are highlights from Friday’s Analyst Blog:
Top Stock Reports for NextEra Energy, T-Mobile and Petrobras
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 NextEra Energy, T-Mobile and Petrobras. 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 >>>
Buy-ranked NextEra Energy’s shares have outperformed the Zacks Electric Power industry in the past year, gaining +18.6% vs +14%. The Zacks analyst thinks NextEra Energy’s investments to strengthen its infrastructure and ongoing capital projects, on completion, will help in serving the expanding customer base more efficiently.
The expansion of business through strategic acquisitions has positively impacted earnings. However, the company’s nature of business is subject to complex and comprehensive federal, state and other regulations. Substantial investments are undertaken to ensure the safety of nuclear operations. That said, the risk of unplanned outages remains, which could derail its normal operations and impact profitability.
(You can read the full research report on NextEra Energy here >>>).
Shares of T-Mobile have outperformed the Zacks National Wireless industry over the past year, gaining +11.7% vs. +0.9%. T-Mobile has received shareholder approval for its merger with Sprint. This is a step forward in creating the New T-Mobile through which the wireless carrier aims to bring robust competition to the 5G era.
The New T-Mobile would have about 127 million customers and a strong closing balance sheet. The company has also collaborated with Ericsson and Nokia to accelerate the deployment of a nationwide 5G network. The Zacks analyst thinks T-Mobile’s network expansion strategy continues to be superior to its rivals.
However, a highly competitive and saturated U.S. wireless market remains a major headwind. Intensifying competition could limit the company’s ability to attract and retain customers and may adversely affect its operating results. T-Mobile launched several low-priced service plans which have enhanced revenues but not significantly improved the bottom line.
(You can read the full research report on T-Mobile here >>>).
Petrobras’ shares have outperformed the Zacks Emerging Markets Integrated Oil industry over the past three months, gaining +23.1% vs. +15.5%. While Petrobras recently reported weaker-than-expected Q4 earnings triggered by lower production, impairments and legal charges, results were strong overall.
In particular, Petrobras' upstream profit soared year over year thanks to steady commodity price recovery that lead to meaningful improvements in net income and EBITDA. The Zacks analyst thinks the largest oil company in South America also stands to benefit from Brazil’s economic growth and huge pre-salt oil reserves.
However, it was another quarter that production weakness clipped profits and cut into overall gains from rising oil prices. Moreover, the company's downstream business – consisting of the refining and marketing activities – suffered from weak oil products sales margins.
With the largest debt load in the oil industry, coupled with years of mismanagement and corruption, investors are advised to wait for a better entry point before buying shares.
(You can read the full research report on Petrobras here >>>).
Other noteworthy reports we are featuring today include Intuitive Keurig Dr Pepper and United Continental.
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United Continental Holdings, Inc. (UAL) : Free Stock Analysis Report
NextEra Energy, Inc. (NEE) : Free Stock Analysis Report
Petroleo Brasileiro S.A.- Petrobras (PBR) : Free Stock Analysis Report
T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report
Keurig Dr Pepper, Inc (KDP) : Free Stock Analysis Report
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