The Zacks Analyst Blog Highlights:Qualcomm, Sony, BlackBerry, China Mobile and Interactive Brokers Group
CHICAGO, Nov. 26, 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 Qualcomm Inc. (Nasdaq:QCOM-Free Report), Sony Corp. (NYSE:SNE-Free Report), BlackBerry Limited (Nasdaq:BBRY-Free Report), China Mobile Limited (NYSE:CHL-Free Report) and Interactive Brokers Group, Inc. (Nasdaq:IBKR-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 Monday's Analyst Blog:
Qualcomm Joins Forces with Samsung
Qualcomm Technologies, Inc., the business arm of Qualcomm Inc. (Nasdaq:QCOM-Free Report), joined forces with Samsung to integrate Chinese BeiDou Satellite Navigation System into its product portfolio.
Qualcomm's IZat location solution powered with Snapdragon 800 processors and BeiDou Satellite Navigation System provides accurate location-based information to Samsung Galaxy Note 3 users in China. Moreover, usage of Snapdragon chipset further enhances battery life of the device.
Generally, urban dwellers face the problem of poor signal due to interruptions caused by skyscrapers. The BeiDou Satellite Navigation System will facilitate uninterrupted transmission of signals.
The popularity of Qualcomm chipsets is continuously gaining popularity. Most high-end smartphones like Sony Corp'.s (NYSE:SNE-Free Report) Sony Xperia Z and BlackBerry Limited's (Nasdaq:BBRY-Free Report) BlackBerry Z10 use Qualcomm chipsets. Qualcomm's Snapdragon 800 quad core processors will gain traction with increased deployment of 4GLTE technology across emerging nations like India and China.
World's largest telecom operator, China Mobile Limited (NYSE:CHL-Free Report), targets to deploy nearly 200,000 TD-LTE base stations by the end of 2013. China Mobile has already chosen Snapdragon and Gobi-based LTE-TD smartphones, as it runs well on such home grown networks. This will create a huge growth opportunity for Qualcomm in the upcoming quarters.
In the fourth quarter, Qualcomm shipped approximately 190 million CDMA-based MSM chipsets, up 35% year over year. This figure significantly surpassed the company's guidance of a mid-point of 176 million. The company expects to ship 195–210 million MSM chipsets in the first quarter of fiscal 2014.
Currently, Qualcomm carries a Zacks Rank #2 (Buy).
Should You Stay Invested in Interactive Brokers (IBKR)?
Interactive Brokers Group, Inc.'s (Nasdaq:IBKR-Free Report) technological expertise positions it among the lowest-cost providers of broker-dealer services, thereby giving it a competitive edge. The stock closed at $24.22 on Nov 22, reflecting a strong year-to-date return of 77.7%.
Going forward, with consistent improvement in the bottom line, there remain chances of price appreciation. Therefore, continuing to hold it in your portfolio is not a bad option.
However, given the inconsistent performance of Interactive Brokers' Market Making segment, a stringent regulatory environment and risks associated with its international exposure, we discourage further addition of its shares to your portfolio.
Justifying the Stance
Interactive Brokers' third-quarter 2013 earnings per share of 32 cents were in line with the Zacks Consensus Estimate. Moreover, this compared favorably with 26 cents earned in the year-ago quarter.
Interactive Brokers' Electronic Brokerage segment continues to witness improvement. The company enjoys competitive advantage with respect to its trading system containing unique architectural aspects and massive trading volumes throughout the world market. Additionally, the company continues to explore opportunities in the fast growing markets of Taiwan, Mexico and India.
Further, Interactive Brokers' robust capital base and liquid balance sheet remain strengths. As of Sep 30, 2013, the company had $2.91 billion of excess regulatory capital.
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 QCOM - FREE
Get the full Report on SNE - FREE
Get the full Report on BBRY - FREE
Get the full Report on CHL - FREE
Get the full Report on IBKR - 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
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.
Share this article