Top Stock Reports for NextEra, Raytheon & Bristol-Myers

Monday, October 11, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 12 major stocks, including NextEra Energy, Inc. (NEE), Raytheon Technologies Corp. (RTX), and Bristol-Myers Squibb Co. (BMY). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

>>, Click to get this free report, Zacks Investment Research” title=”Earnings Trends, Earnings Preview, click here>>>, Click to get this free report, Zacks Investment Research”>

– Zacks

You can see all of today’s research reports here >>>

Shares of NextEra have outperformed the Zacks Electric Power industry in the year to date period (+5.5% vs. +2.2%). The Zacks analyst believes that a well-chalked capital investment plan, natural gas pipeline projects, robust renewable backlog, addition of renewable generation assets, and adequate liquidity bode well for the long term.

The company currently has a lot of renewable projects in its backlog. The company has ample liquidity to meet current debt obligations. Strict regulations, inherent risk related to operating nuclear generation facilities and unfavorable supply costs are some of the major headwinds for the company though.

(You can read the full research report on NextEra here >>>)

Raytheon shares have gained +53.7% over the past year against the Zacks Defense Equipment industry’s gain of +39.9%. The Zacks analyst believes that merger related synergies and solid order growth are likely to aid the company’s revenues going forward.

It continues to receive ample orders from the Pentagon due to a wide range of combat-proven defense products that it offers. The company continues to see growth trends in its military section. Impact of the ongoing pandemic has been weighing on commercial aerospace. A dismal outlook in the near term remain is another major concern for the company.

(You can read the full research report on Raytheon here >>>)

Shares of Bristol-Myers have lost -7.2% over the past six months against the Zacks Biomedical and Genetics industry’s loss of -4.4%, however, things seem to be improving for the company. The Zacks analyst believes that strong sales of drugs like Opdivo, Revlimid and Eliquis are likely to continue driving the top line.

The label expansion of Opdivo into indications of lung cancer and gastric cancer should propel its sales and offset the decline from recent setbacks. The approval of new drugs has added a new stream of revenues, which should lead to incremental revenue growth ahead. The company, however, has been facing stiff competition in the immuno-oncology space. Pipeline setbacks are an added concern.

(You can read the full research report on Bristol-Myers here >>>)

Other noteworthy reports we are featuring today include Petrobras (PBR), The Williams Companies, Inc. (WMB) and Occidental Petroleum Corp. (OXY).

Mark Vickery

Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>


Tech IPOs With Massive Profit Potential

In the past few years, many popular platforms and like Uber and Airbnb finally made their way to the public markets. But the biggest paydays came from lesser-known names.

For example, electric carmaker X Peng shot up +299.4% in just 2 months. Think of it this way…

If you had put $5,000 into XPEV at its IPO in September 2020, you could have cashed out with $19,970 in November.

With record amounts of cash flooding into IPOs and a record-setting stock market, this year’s lineup could be even more lucrative.

See Zacks Hottest Tech IPOs Now >>



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

 

NextEra Energy, Inc. (NEE): Free Stock Analysis Report

 

Williams Companies, Inc. The (WMB): Free Stock Analysis Report

 

Bristol Myers Squibb Company (BMY): Free Stock Analysis Report

 

Petroleo Brasileiro S.A. Petrobras (PBR): Free Stock Analysis Report

 

Occidental Petroleum Corporation (OXY): Free Stock Analysis Report

 

Raytheon Technologies Corporation (RTX): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research

Internet Explorer Channel Network
News Related

OTHER NEWS

Stock futures rise slightly after S&P 500 slips from a record

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 27, 2021.Brendan McDermid | Reuters Stock futures edged higher in overnight trading on ... Read more »

Using Your Enneagram Type to Embrace Your Strengths and Understand Your Struggles

When you’re trying to untangle the complicated mystery of your own personality, it helps to have a guide. Sarajane Case has always been fascinated by why people behave the way ... Read more »

Christmas at Peel Museum is returning this holiday season

Peel Museum and Botanical Garden is hosting its signature event Christmas at Peel Museum, which will feature food, music, theater and dance performances.  On Dec. 3, guests 21 and up ... Read more »

Stocks making the biggest moves after hours: Ford, eBay, Twilio and more

Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021.Aaron J. Thornton | Getty Images Check out the companies making headlines in after-hours trading: Ford Motor — Shares of ... Read more »

Five big takeaways from Rishi Sunak's unusually complex budget

This was quite a complex budget – more so than usual. © Reuters Rishi Sunak has turned his focus to the post-COVID recovery On top of the usual barrage of ... Read more »

Manchester City's four-year Carabao Cup dominance finally ended by West Ham

Manchester City have been knocked out of the Carabao Cup for the first time in five years after losing on penalties to West Ham United at the London Stadium. Pep ... Read more »

Dan Hardy Bringing Back The Mohawk, Talks ‘Outlaw' Origin

© Photo by Josh Hedges/Zuffa LLC/Zuffa LLC via Getty Images Dan Hardy and his infamous mohawk (color to be determined) are headed to a mixed martial arts (MMA) event near ... Read more »

Harry Potter unveils 20th anniversary Funko POP!s

© Warner Bros. Harry Potter has unveiled its 20th anniversary Funko POP!s, featuring Ron, Hermione, Dumbledore and more. Harry Potter continues to celebrate the 20th anniversary of its film franchise ... Read more »

Budget: Rishi Sunak makes flights cheaper despite warnings to cut UK's air-travel demand

Rishi Sunak has been accused of undermining the UK’s response to the climate emergency, after his Budget included measures to make it cheaper to take internal flights and drive cars ... Read more »

Some workers fear 'unrealistically severe' cuts to Social Security benefits. Why that is not a reason to claim early

Senior couple in New York City. New York is the second-worst state for retirement. Allison Michael Orenstein | Getty Images By now, you have probably heard that the funds Social ... Read more »

If the billionaire tax survives, it may face legal challenges. Here's why

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing for Deputy Treasury Secretary nominee Adewale Adeyemo on Feb. 23, 2021.Greg Nash | Pool | Reuters As Democrats ... Read more »

Budget 2021: Rishi Sunak promises tax cuts by next election despite continued squeeze in the cost of living

Tax cuts will come before the next election, Rishi Sunak pledged on Wednesday as he laid out a Budget and spending review which promise a continued cost-of-living squeeze next year ... Read more »

Sunak cuts the Universal Credit taper rate to ease cost of living pressures

© Provided by City AM Rishi Sunak has today cut the Universal Credit taper rate in a move that will put £2bn back into the pockets of the country’s lowest ... Read more »

Bevo's Daily Roundup: Isidore Newman HC: Texas target Arch Manning ‘has such a good level of humility'

© Photo by Todd Kirkland/Getty Images ESPN recently wrote an in-depth profile of Texas Longhorns 2023 target Arch Manning, the latest member of the Manning family quarterback dynasty. In the ... Read more »

Will the Autumn Budget Universal Credit boost help you?

© Provided by This Is Money MailOnline logo The Chancellor has announced a change in the Universal Credit taper that will allow people to keep more of their benefits as ... Read more »

Rishi Sunak unveils spending spree with Scottish Government to receive extra £4.6 billion a year

Rishi Sunak has unveiled a budget that will see the Scottish Government receive an extra £4.6 billion a year. © Prime Minister Boris Johnson with Chancellor of the Exchequer Rishi ... Read more »

Medicare expansion hangs in the balance as Democrats race towards a deal

ATU Images | The Image Bank | Getty Images A major expansion of Medicare that Democrats proposed as part of the Build Back Better initiative is in danger of being ... Read more »

Bitcoin futures ETF may be a costly way to get long-term crypto exposure

boonchai wedmakawand | Moment | Getty Images Crypto enthusiasts had reason to cheer last week as digital currencies notched another milestone: the first U.S. bitcoin futures exchange-traded fund. Investors rushed ... Read more »

Millions will not benefit from Sunak's ‘tax cut for low paid', say activists

Millions of struggling low-income households will not benefit from the £2bn “tax cut for the low paid” announced by the chancellor in the budget as a way of easing the ... Read more »

Budget 2021 tax calculator: What the changes announced today mean for you and how much tax you will pay

Rishi Sunak has used the Budget to taper Universal Credit penalties for working claimants, while cutting air passenger duty on domestic flights and increasing the National Living Wage to £9.50 an hour. In an ... Read more »

MG Motor India opens new service centre in Bangalore

© Jay Shah MG Motor India opens new service centre in Bangalore – MG aims to expand its presence to 300 touchpoints across the country – MG to have 25 ... Read more »

Budget 2021: OBR forecasts council tax hike and rising cost of living will wipe out wage increases

Disposable income in UK households is expected to remain stagnant over the next few years, as inflation results in a higher cost of living that wipes out income growth, according ... Read more »

Avoiding the Price Trap: 3 Tips to Succeed as a Mission-Based Business

On this week’s episode of SUCCESS Line, I talk to Maria. Maria quit her job as a project manager two years ago to follow her dreams of starting her own ... Read more »

The era of surprise medical bills may be ending

staticnak1983 | E+ | Getty Images Americans will soon be protected from many unexpected medical bills, thanks to a new law that goes into effect Jan. 1. That legislation, called ... Read more »

Sundaram Finance looks at fighting vaccine hesitancy in TN as a 'moral imperative'

Chennai: Covid has been a tough time for the Sundaram Finance Group as the company has seen thousands of their customers and staff operating at various levels pass away during ... Read more »

Universal Credit: Budget changes to taper rate will only help a third of households in need

Changes to the universal credit allowances and taper rate will only help a third of households which have been relying on the axed emergency uplift of £20-a-week. Chancellor Rishi Sunak ... Read more »

Rishi Sunak £2bn tax cut to make Universal Credit 'reward work'

© Provided by Daily Mail MailOnline logo Rishi Sunak has revealed a £2 billion tax cut to make Universal Credit ‘reward work’ and help low-paid families with the cost of ... Read more »

Parents have nothing to thank Rishi Sunak for today

Take a big swig of the cheap rosé Rishi Sunak has promised, ladies, because you’re going to need it to swallow all the nonsense served up in the chancellor’s latest ... Read more »

Autumn Budget 2021: 'UK Government has shortchanged Scotland'

The Autumn Budget has been branded an ‘embarrassment’ and has ‘short-changed Scotland’, Scottish politicians have claimed, as the Chancellor unveiled a cut in aviation taxes and an increase in minimum ... Read more »

Gold loan securitisation volume stands at Rs 4,400 cr in H1 FY22: Report

<a href="/tag/gold-loan-securitisation“>Gold loan securitisation volumes stood at around Rs 4,400 crore in the first half of the current fiscal, same as volumes seen in the year-ago period, Icra Ratings said ... Read more »

Forex reserves surge by $58.38 bn in Mar-Sep 2021 period: RBI report

The country’s foreign exchange reserves surged by USD 58.38 billion in April-September 2021 to USD 635.36 billion, says an RBI report released on Wednesday. The forex reserves were at USD ... Read more »

Number of families paying inheritance tax will double

Thousands more families will be forced to pay inheritance tax in the coming years than previously feared, official figures have revealed.  © Provided by The Telegraph Man in a trap ... Read more »

Ask the Coach: I Don't Have the Mental Bandwidth to Tackle Growth in Every Area—What Do I Do?

I can’t seem to find the mental bandwidth to improve in all the areas of life that I want to improve. When I lean into my business, my health becomes ... Read more »

Minimum wage POLL: Is the rise from £8.91 to £9.50 enough amid rising cost of living?

Making his Budget speech in Parliament on Wednesday afternoon, the Chancellor said the hike amounted to a pay rise of over £1,000 per year for those working full time on ... Read more »

OBR warns 'wage spiral' could force interest rates to 3.5 PER CENT

© Provided by Daily Mail MailOnline logo The government’s watchdog today warned that a ‘wage spiral’ or energy shock could drive inflation to a three-decade high of  5.4 per cent ... Read more »

Dezeen Courses now features over 100 architecture and design courses

More than 50 new architecture and design courses have been added to Dezeen Courses, which now features more than 100 courses in 13 countries. © Provided by Dezeen Launched last ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic