CHICAGO, April 7, 2011 /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), Hewlett-Packard Co. (NYSE: HPQ), Apple Inc. (Nasdaq: AAPL), International Business Machines Corp. (NYSE: IBM) and Microsoft Corp. (Nasdaq: MSFT).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:
Here are highlights from Wednesday's Analyst Blog:
Dell Building Out R&D
Dell Inc. (Nasdaq: DELL) announced a new state-of-the-art research and development (R&D) facility. The world's third largest PC maker has now announced an R&D center in the Silicon Valley that will make this possible.
The new R&D center will house more than 1,500 people over the next five years and help Dell consolidate four existing operating units in Northern California in phases. All the operating units in that region were acquired by Dell over the last four years. The acquired companies are Zing Systems Inc., currently in Sunnyvale; Ocarina Networks in San Jose; Scalent Systems Inc. in Palo Alto; and Everdream Corp. in Fremont.
Dell expects the center to be operational in the back half of this year, with around 700 employees.
Dell plans to make more strategic acquisitions and hire new people in different departments. The activities will allow the tech giant to expand the capabilities in the existing product portfolio to better serve its huge client base.
In March, Dell opened its first R&D center in Israel to focus on developing storage technologies and cloud computing solutions, which will be embedded in its products worldwide. The R&D center leveraged all the assets of Exanet Ltd., an Israeli storage company that Dell acquired last year.
Apart from this, Dell is also investing in high growth countries such as Brazil, Russia, India and China, and recently announced its plan to expand in India. We remain confident about Dell's expansion strategy.
Moreover, we are encouraged by Dell's attempt to shift its focus from PC and server roots to becoming a data-center vendor with a wider scope. However, concerns include soft demand from the Consumer segment, a high debt level and stiff competition from technology majors, such as Hewlett-Packard Co. (NYSE: HPQ), Apple Inc. (Nasdaq: AAPL), International Business Machines Corp. (NYSE: IBM) and Microsoft Corp. (Nasdaq: MSFT).
Currently, Dell has a Zacks #1 Rank, which equates to a short-term Strong Buy recommendation.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter
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:
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. 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
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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.