The Zacks Analyst Blog Highlights: Google, Canon, SAP, Cisco and Adobe

News provided by

Jul 11, 2014, 09:30 ET

CHICAGO, July 11, 2014 /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:GOOGL-Free Report), Canon (NYSE:CAJ-Free Report), SAP (NYSE:SAP-Free Report), Cisco (Nasdaq:CSCO-Free Report) and Adobe (Nasdaq:ADBE-Free Report).

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

Here are highlights from Thursday's Analyst Blog:

Google Forms Alliance to Battle Patent Abuse

Google Inc. (Nasdaq:GOOGL-Free Report), in collaboration with five other technology giants, Newegg, Canon (NYSE:CAJ-Free Report), Dropbox, SAP (NYSE:SAP-Free Report), and Asana, has created an alliance known as the License on Transfer ("LOT") Network, in a bid to ward off patent trolls.

Google and Canon were two of the top receivers of U.S. patents last year. Patent litigation hit an all-time high last year, with more than 6,000 patent infringements filed. Therefore, the latest move will help Google protect itself against patent trolls and leverage the network effect, thereby using its energy towards innovation.

The LOT alliance is an initiative to oppose the patent deals of other firms that have engaged in "patent privateering" and to eliminate patents available to patent assertion entities ("PAE"). The members of the alliance will uphold full ownership and licensing rights of their patents and allows other members to access royalty-free licenses to transferred patents.

At times, technology companies transfer their patents to a patent assertion entity, which is not bound by the same laws and is therefore able to extract bigger licensing fees from competitors. These entities, or patent trolls as they are called, engage in significant litigation that wastes time and money of the competitors. This process is referred to as privateering.

PAE are businesses that purchase old patents and try to monetize them by alleging others of violation. They demand a one-off licensing fee to end a lawsuit, which many companies unwillingly pay since it's cheaper than defending the infringement claim.

Therefore, the latest effort is expected to mitigate patent lawsuits and extortion attempts for Google and other companies. Google is also a part of an alliance called the Coalition for Patent Fairness that seeks to minimize litigation between technology companies and thereby devote more energy to innovation. Cisco (Nasdaq:CSCO-Free Report) Samsung, Dell and Adobe (Nasdaq:ADBE-Free Report) are other major players that have joined this coalition.

Google currently holds 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 GOOGL - FREE

Get the full Report on CAJ - FREE

Get the full Report on SAP - FREE

Get the full Report on CSCO - FREE

Get the full Report on ADBE - FREE

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
[email protected]
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.

Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO

SOURCE Zacks Investment Research, Inc.