The Zacks Analyst Blog Highlights: Dell, Apple, Google, IBM and Hewlett-Packard
CHICAGO, March 22, 2013 /PRNewswire/ -- 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 Dell Inc. (Nasdaq: DELL), Apple Inc. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG), IBM (NYSE: IBM) and Hewlett-Packard Company (NYSE: HPQ).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Thursday's Analyst Blog:
Dell Modernizes Singapore Exchange
Singapore Exchange ("SGX") has modernized its technology infrastructure with the help of Dell Inc. (Nasdaq: DELL). The deployment of Dell's futuristic technology enabled SGX to double the speed of its operations, thereby increasing its efficiency and reducing its operating costs.
This deal was a big win for Dell in recent times, as SGX is one of the largest stock exchanges in Asia and in the world.
The project requires Dell to provide end-to-end application modernization services and mainframe re-hosting technology. Dell is expected to help SGX's entire mainframe complex, which includes maintaining, clearing and settlement; third-party tools and utilities; and server and storage resources to provide a customer-friendly IT solution.
Dell is going all out to establish its credentials in the IT market again. The company may be expected to make several marketing and strategic moves to strengthen its business model. Its privatization is a positive, since it is likely to make the company more nimble and help it take tough decisions. However, it could have a negative effect on the company's credibility.
These deal wins and privatization are likely to help Dell generate much-needed cash that the company could spend to pay off its private equity investors and service its debt.
Ever-increasing competition from companies such as Lenovo, Asustek, Apple Inc. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG), IBM (NYSE: IBM), Hewlett-Packard Company (NYSE: HPQ), and Cisco Systems has restricted Dell's growth prospects. The players are moving faster than Dell even in emerging markets that Dell is now targeting, so the going is likely to be tough.
We are also concerned about conservative tech spending, continued weakness in the PC market in 2013, declining revenues and competition from its peers. However, back-to-back product launches, a growing presence in the enterprise storage space and continuous deal wins seem encouraging.
Currently, Dell has a Zacks Rank #3 (Hold).
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
SOURCE Zacks Investment Research, Inc.