Alibaba group, amazon, raymond james, sandvik ab and stora enso oyi highlighted as zacks bull and bear of the day


Chicago, IL – February 06, 2017 – Zacks Equity Research highlights Alibaba Group Holdings (NYSE: BABA – Free Report ) as the Bull of the Day and Amazon (NASDAQ: AMZN – Free Report ) as the Bear of the Day. Stock market futures charts In addition, Zacks Equity Research provides analysis on Raymond James (NYSE: RJF – Free Report ), Sandvik AB (OTCMKTS: SDVKY – Free Report ) and Stora Enso Oyi (OTCMKTS: SEOAY – Free Report ).

Alibaba Group Holdings (NYSE: BABA – Free Report ) reported strong December quarter numbers on January 24 with top and bottom line beats and a whopping 54% year-over-year growth in sales.

Wall Street analysts liked that growth and the outlook going forward enough to raise estimates 23% for the current fiscal year (ending in March) from $2.15 to $2.65. Aud to usd forecast 2015 And the next fiscal year also moves up 23% from $2.56 to $3.16.

Alibaba CEO Daniel Zhang highlighted “We are driving the age of ‘New Retail,’ which leverages big data and innovation to provide a seamless online and offline experience for nearly half a billion mobile monthly active users. Usd law school ranking This retail transformation will make it even easier and more efficient for brands and retailers to engage with these consumers anywhere, anytime.”

After the conference call, my colleague Ryan McQueeney explained “Alibaba further detailed its ‘New Retail’ concept, saying that it will help the company tap into the entirety of China’s $4.8 trillion retail sector by breaking down the distinction between online and offline commerce. Famous quotes about life To that end, Alibaba has started partnering with several different brick-and-mortar retailers.

The good news in the Amazon (NASDAQ: AMZN – Free Report ) quarterly report was a 10% earnings beat and year-over-year revenue growth that was still very enviable with +24% overall and +47% for AWS (Amazon Web Services).

And the guidance for the current quarter doesn’t get any more optimistic. Exchange rate pounds to us dollars That’s why the stock was down 3.5% on Friday — on more than 2.5X the normal volume — and why it will probably trade under $800 as many analysts lower their earnings estimates and price targets.

30 days ago, the full year EPS projection for 2017 was $9.19. Binary code generator By late last week, even before we heard from the company on February 2, that profit picture had dropped to $8.88.

And 2018 estimates had already taken a bigger hit in the last month prior to Thursday’s report, dropping roughly a dollar from the $14.98 consensus a few weeks ago.

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Raymond James Financial Inc . Rub usd chart is a holding company whose subsidiaries are engaged principally in the securities brokerage business including the underwriting, distribution, trading and brokerage of equity and debt securities, and the sale of tax advantaged investments, mutual funds and other investment products and provides investment management services for retail and institutional clients.

(2) Industrials have risen to a Very Attractive sector. Dollar pak rupee exchange rate This is due to Construction-Building Services, Machinery-Electrical and Metal Fabricating. Convert usd to kwd Railroads and Machinery are doing better, too.

Sandvik is a high-tech engineering group with advanced products and a world-leading position within selected areas. Usd rub exchange rate Worldwide business activities are conducted through representation in 130 countries.

Stora Enso is an integrated forest products company producing magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader. Aud to usd history Stora Enso also conducts extensive sawmilling operations. Msn news usa homepage To strengthen its market position and better serve customers in the United States, the company acquired the U.S.-based, Consolidated Papers, Inc. British pound to usd exchange rate in 2000.

(6) Energy is a solid Market Weight. Sprint troubleshooting The Oil E&P, Oil & Gas Integrated, Oil & Gas Pipelines and Coal industries show the effects of positive Trump trade sentiment.

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Currency converter usd to pounds Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Silver chart Recommendations and target prices are six-month time horizons.

Many are little publicized and fly under the Wall Street radar. Silver chart kitco They’re virtually unknown to the general public. Dollar exchange rate history Yet today’s 220 Zacks Rank #1 “Strong Buys” were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Gold price chart Its average gain has been a stellar +26% per year. Convert cny to usd See these high-potential stocks free >>.

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