PR Newswire: news distribution, targeting and monitoring
2014

The Zacks Analyst Blog Highlights: Google, SAP, BlackBerry, Apple and Microsoft

Share with Twitter Share with LinkedIn

CHICAGO, Oct. 11, 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 the Google Inc. (Nasdaq: GOOG-Free Report), SAP A.G. (NYSE: SAP-Free Report), BlackBerry Ltd. (Nasdaq: BBRY-Free Report), Apple Inc. (Nasdaq: AAPL-Free Report) and Microsoft Corp.'s (Nasdaq: MSFT-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

BlackBerry Attracts Prospective Buyers

A recent Reuters report stated that a few technology firms, including Google Inc. (Nasdaq: GOOG-Free Report) and SAP A.G. (NYSE: SAP-Free Report), are in talks to buy the beleaguered BlackBerry handset manufacturer, BlackBerry Ltd. (Nasdaq: BBRY-Free Report). However, none of these companies have confirmed the news.

According to an anonymous source, a few days back BlackBerry had explored a strategic option to convert the company into a private entity. Its largest shareholder, Fairfax Financial Holdings, was the prospective buyer, offering a $4.7 billion bid for the company. Reuters also stated that a few private-equity firms have expressed an interest in the additional financial details about BlackBerry's various business segments. However, currently BlackBerry is focused on taking bids from industry peers.

BlackBerry is facing ever-increasing competition in the smartphone market, especially with a stagnant product portfolio and an unfavorable product mix. The launch of Apple Inc.'s (Nasdaq: AAPL-Free Report) iPhone was a big blow to the company.

The situation further worsened after Google launched the Android operating system which was adopted by several smartphone manufacturers. Currently, BlackBerry's operating system is in fourth position after iOS, Android and Microsoft Corp.'s (Nasdaq: MSFT-Free Report) Windows Phone software.

In the last three years, BlackBerry has been striving to regain its lost glory in the market. The company has failed to keep up with the next-generation market trend, which keeps changing with respect to technology, price and data plan, provided by the wireless carriers. At this juncture, the company's decision to divest itself entirely or go private may give BlackBerry's management an opportunity to resolve many critical issues.

Given the level of uncertainty around BlackBerry's business, it is unclear how serious Google or other tech companies are about buying the company. However, BlackBerry has a strong balance sheet coupled with its rich patent portfolio, which covers a broad area of mobile security to push e-mail system for the high-end smartphones. Its patents are estimated to be worth $2 billion to$3 billion.

So, a potential decision to acquire BlackBerry by any technology company could be seen as a shoring up of their patent portfolio, though doubts about the assets' value remain an issue, according to Reuters.

Google, Cisco and SAP currently carry a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

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.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; 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.

Get the full Report on AAPL - FREE

Get the full Report on SAP - FREE

Get the full Report on BBRY - FREE

Get the full Report on GOOG - FREE

Get the full Report on MSFT - FREE

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

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

SOURCE Zacks Investment Research, Inc.



RELATED LINKS
http://www.zacks.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release