Welcome!

News Feed Item

Finisar, SodaStream, Yahoo, Google and Baidu highlighted as Zacks Bull and Bear of the Day

CHICAGO, Jan. 17, 2014 /PRNewswire/ -- Zacks Equity Research highlights Finisar (Nasdaq:FNSR-Free Report) as the Bull of the Day and SodaStream (Nasdaq:SODA-Free Report)as the Bear of the Day. In addition, Zacks Equity Research provides analysis onYahoo Inc. (Nasdaq:YHOO-Free Report), Google (Nasdaq:GOOG-Free Report) and Baidu (Nasdaq:BIDU-Free Report).

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

Here is a synopsis of all five stocks:

Bull of the Day:

Finisar (Nasdaq:FNSR-Free Report) is a $2.3 billion provider of fiber optic subsystems that enable high-speed data networks. The stock became a Zacks #1 Rank Strong Buy last May below $13 and proceeded to march on up to $26 by October.

But going into November, a weaker spending outlook from the likes of Cisco and telecom giants like AT&T, took nearly 25% off FNSR shares.

What could possibly turn this around? Two things: another great FNSR earnings report and a reassessment of the cap-ex outlook.

On December 5, Finisar recorded a 13% EPS beat and gave guidance that propelled 4 covering analysts to all raise estimates, taking the current fiscal year consensus up 15% from $1.09 to $1.26. And they also bumped next year's EPS estimates 15%, from $1.22 to $1.41.

Bear of the Day:

SodaStream (Nasdaq:SODA-Free Report) disappointed the Street on October 30 and analysts knocked down EPS estimates sufficiently to drop the stock to a Zacks #4 Rank Strong Sell the next day.

Since then, shares fell from the high $50s to around $50 where they attempted to hold the line. But this week came the blindside that every investor hates: the preannouncement.

SODA management revealed on Monday that the outlook isn't getting any better, owing to a number of factors, including a challenging US holiday season, lower sell-in prices, increased production costs, as well as unfavorable product mix and, of course, foreign exchange. Yada, yada, yada.

But the headline from Briefing.com at 7:40am ET said it all as the stock dropped 26% from $50 to $37: SodaStream sees FY13 adj. net income $52.5 mln from $65 mln vs. $63 mln consensus.

As a fresh round of downward earnings estimate revisions (EER) piled in this week, the stock slipped to a Zacks #5 Rank Strong Sell on Thursday. Here's what Oppenheimer analysts had to say...

"We now forecast 2013 adjusted EPS of $2.45, down from our prior estimate of $3.05 and up only slightly from the prior year's $2.39. We are also reducing our 2014 adjusted EPS estimate to $3.00, which is up 22% over our revised 2013 forecast but down sharply from our prior estimate of $3.70."

Additional content:

Yahoo COO Stepping Down

Yahoo Inc.'s (Nasdaq:YHOO-Free Report) chief operating officer, Henrique De Castro has resigned from his position after serving the company for about fourteen months.

De Castro was hired by Yahoo's high-profile chief executive officer, Marissa Mayer with the aim of turning around Yahoo's sagging core advertising business. Prior to this, De Castro worked with Google (Nasdaq:GOOG-Free Report). Marissa Mayer had roped him in for a whopping $58.0 million in the hope that his expertise would help revive Yahoo's advertising sales.

De Castro was probably fired because he failed to deliver results. But Yahoo hasn't officially said anything either regarding the reason for the expulsion, or regarding the identity of the replacement. But considering the fact that it is a key position, it should be filled quickly.

Yahoo has recaptured its position as one of the world's most-visited online properties, but its revenues aren't responding as yet.  Mayer has stepped up investments in key technologies both on the product side and the technical side, but investors have been told to be patient about resultant revenues.

Mayer has also overhauled the company's e-mail platform and acquired more than two dozen companies, including Tumblr Inc. for more than $1 billion last year. It has hired leading journalists to bolster news and media content. The departure of the COO at this juncture could therefore indicate trouble.

Though De Castro's hiring turned out to be a misstep, Mayer will likely be given more rope as stockholders have made an enormous amount of money since the time she joined the company. Though Yahoo managed to be profitable under Mayer, it struggled to register sales growth.

Currently, Yahoo has a Zacks Rank #4 (Sell). Other better ranked stocks in the sector include Baidu (Nasdaq:BIDU-Free Report), which carries a Zacks Rank #2 (Buy).

Get today's Zacks #1 Stock of the Day with your free subscription to Profit from the Pros newsletter:

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

About the Analyst Blog

Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.

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 analyst 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. Click here to 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 FNSR - FREE

Get the full Report on SODA - FREE

Get the full Report on YHOO - FREE

Get the full Report on GOOG - FREE

Get the full Report on BIDU - 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
[email protected]
http://www.zacks.com

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

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.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...