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: Coca-Cola Femsa (NYSE: KOF), Coca-Cola
Co. (NYSE: KO), Halliburton (NYSE: HAL), Schlumberger (NYSE:
SLB) and Baker Hughes (NYSE: BHI).
See the latest posts to the Analyst Blog by visiting: http://at.zacks.com/?id=2673
Here are highlights from Wednesday’s
Analyst Blog:
Coke & Femsa Buy Juice
The Mexican bottler Coca-Cola Femsa (NYSE: KOF) announced
yesterday its plans to buy the Mexican juice maker Jugos del Valle for
$380 million in a joint venture with Coca-Cola Co. (NYSE: KO) in
order to gain a greater share of the fast-expanding Latin American juice
market.
Additionally, Coca-Cola Femsa and Coca-Cola Co. would take on $90
million of Jugos del Valle's debt. We continue to see a huge upside for
the non-traditional beverage products like juices and flavored waters,
etc. Moreover, the Latin American market for beverage companies remains
very attractive. All considered we are keeping our Buy recommendation on
KOF.
Halliburton Stays a Buy
While continued weakness in the North American natural gas fundamentals
is expected to remain a near-term headwind, Halliburton’s
(NYSE: HAL) recent successful IPO of 19% of KBR is a major positive. The
company plans to spin-off the rest of the subsidiary through a stock
dividend to shareholders by April next year.
With the separation of KBR, Halliburton will become a pure oilfield
service player, which should narrow, if not altogether eliminate, its
valuation discount relative to Schlumberger (NYSE: SLB) and Baker
Hughes (NYSE: BHI). Our Buy recommendation remains unchanged as we
continue to view Halliburton as a core oilfield service holding.
See the latest posts to the Analyst Blog by visiting http://at.zacks.com/?id=2645
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 by visiting http://at.zacks.com/?id=2674.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was
formed in 1978 by Leonard Zacks. As a PhD in mathematics 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.