Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:Whole Foods, Safeway, Delhaize, Google and VMware

CHICAGO, Feb. 14, 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 Whole Foods (Nasdaq:WFM-Free Report), Safeway (NYSE:SWY-Free Report), Delhaize (NYSE:DEG-Free Report), Google Inc. (Nasdaq:GOOG-Free Report) and VMware, Inc. (NYSE:VMW-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 Thursday's Analyst Blog:

Anything Super About the Supermarkets?

I go to the Whole Foods (Nasdaq:WFM-Free Report) by my house all the time. I definitely don't go there for the sales or the deals. I could care less about quinoa, pink Himalayan sea salt, or polenta. I go there because it's the closest place to get dog food and the closest thing to a singles bar a grocery store could ever be. I usually come back with a bag of dog food, a bottle of rum, and a story to tell.

The store also known as "Whole Paycheck" has a bit of a reputation; High prices and weird organic food. So it really didn't come as much of a surprise to me when their earnings missed last night and guidance was lowered. You mean I'm not the only one that doesn't want to spend $6.99/lb. for ground beef? How much does that grass cost you're feeding those things anyway?

We have seen grocers get beat up for some time now. Here in Chicago, Safeway (NYSE:SWY-Free Report) pulled mainstay Dominick's out of the market altogether. Dominick's was as Chicago as it gets. Its founder was gunned down by Al Capone's henchmen for crying out loud. It's worse than when Macy's took Marshall Field's away from us. Or when that Willis guy thought it was a good idea to erase Sears from our skyline. But I digress…

The entire industry is horrible right now ranking among the bottom 9% of all the 265 industries we rank. Whole Foods and Safeway have both been taken down to a Zacks Rank #4 (Sell) and should be taken off your radar. With all these losers in the industry, there has to be a winner somewhere. People haven't just stopped grocery shopping.

Delhaize (NYSE:DEG-Free Report) one of two stocks in the retail supermarket industry that has a Zacks Rank #2 (Buy).  The supermarket holding company has a diverse portfolio of store brands tailored to meet regional tastes and demands. Here in the US on the Eastern seaboard they operate Food Lion and Bottom Dollar Food. Maybe this could be the silver lining on our dark and dreary horizon.

I love a quick look at the price and consensus chart for every stock I evaluate. It can tell us a lot about why the Zacks Rank is what it is, in a nice, concise graphic that you can quickly glance at and gain an understanding from. Here DEG looks like a stock that had a tough time navigating 2011 and 2012 for whatever reason. Earnings revisions kept coming down lower and pulled the stock off its highs in the mid-$80s to lows in the $30 range. Recently the stock has rebounded as revisions rebounded as well. However we are still off the 2013 high and did find some support at $55. What bugs me a bit is the fact that last time earnings consensus was down where it is today, the stock was $20 lower. Well at least we know P/E has expanded since then.

The technical chart is decent. Early February gave us a pretty good buy signal around $62. There was a pull back to support, confirmation above the 25x5 SMA, and a stochastic cross from oversold territory. Being the big momentum guy I am I can't really jump behind it though. It's just too boring for me. The entire range on the chart is $54 to $72 and the stock sits around $65. A little more than 10% upside potential to the 2013 high in an industry that the analysts hate right now. I think I'll pass. There are better risk/reward scenarios in better industries right now. That reminds me, Gracey needs some grub; I'm off to Whole Foods.

Google Partners with VMWare

Google Inc. (Nasdaq:GOOG-Free Report) has officially announced its collaboration with VMware, Inc. (NYSE:VMW-Free Report) to deliver subscription Desktop-as-a-Service (DaaS). This partnership will bring Windows apps, data and desktops to Chromebooks for the first time.

The two companies will primarily integrate VMware's View desktop virtualization software with Google Chromebooks and allow access to Windows apps enabled by VMware's Blast HTML5 technology. This means that users can work with Chromebooks and also take advantage of Windows-based legacy software by running VMWare Horizon View.

Moreover, the companies are also working on incorporating Java into Google programming using the Spring Java platform and a number of other new tools.

A Chromebook is a personal computer which has Chrome OS as its operating system. The device is designed to run only when connected to the Internet. However, there is a range of apps that can be run offline as well. All the data is saved in the cloud.

Chromebooks have their pros and cons, and even though Google has witnessed increasing popularity of Chromebooks, the lack of desktop app support is a big disadvantage. In order to overcome this drawback, Google teamed up with VMWare to bring DaaS to the Internet giant's laptops, giving users access to Windows-based software.

The gap between the cloud and a traditional desktop can be bridged with the help of DaaS.

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 WFM - FREE

Get the full Report on SWY - FREE

Get the full Report on DEG - FREE

Get the full Report on GOOG - FREE

Get the full Report on VMW - 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

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
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. 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.
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facing...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...