Click here to close now.


News Feed Item

The Zacks Analyst Blog, Apple, Microsoft, Conversant and Lockheed Martin

CHICAGO, April 21, 2014 /PRNewswire/ -- 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 Inc. (Nasdaq:AMZN-Free Report), Apple Inc. (Nasdaq:AAPL-Free Report), Microsoft (Nasdaq:MSFT-Free Report), Conversant, Inc. (Nasdaq:CNVR-Free Report) and Lockheed Martin Corporation (NYSE:LMT-Free Report).

Zacks Investment Research, Inc.,

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

Here are highlights from Thursday's Analyst Blog:

Is Amazon Set to Launch a 3D Smartphone?

After venturing into the set-top box arena with the launch of Fire TV, Inc. (Nasdaq:AMZN-Free Report) is reportedly entering the smartphone industry, with its own long-rumored 3D smartphone set for a June launch. However, it is expected to be available for sale by September.

According to The Wall Street Journal ("WSJ"), Amazon officials recently demonstrated the sample handset models to developers from San Francisco and Seattle. The phone will be available in both high-end and low-end versions. The high-end version will offer a screen, which will present 3-D images without the support of special 3-D glasses.

Moreover, the devices will be integrated with retina-tracking technology, which will be embedded in four front facing cameras. With this technology, users will see 3D images with the naked eye.

Rumors of Amazon's intentions to launch a smartphone have been making the rounds for long. In Jul 2012 reports suggested that the e-commerce company was working with Foxconn on the gadget. Again, in May last year, it was reported that Amazon was targeting the smartphone industry.

Although Amazon has been successfully entering different markets, it might have to struggle to establish itself in an already crammed smartphone market. Companies like Apple Inc. (Nasdaq:AAPL-Free Report) and Samsung Electronics Co. dominate this industry and together constituted 46.6% of the total market share in 2013, as reported by the research firm Gartner. Amazon's late entry can be a huge disadvantage.

However, Amazon can have an edge over its competitors, given its special glasses-free 3D image viewing feature and retina-sensing display technology. Also, the device will provide a more compact software-hardware amalgamation, thus offering an improved user experience augmenting profits.

Amazon, the giant online retailer, sells a huge collection of products ranging from books to cloud computing services. It recently acquired a cloud-based digital comic bookstore, comiXology which allows users to read comics on the web, iOS, Android, Kindle Fire and Microsoft's (Nasdaq:MSFT-Free Report) Windows 8.

Currently Amazon holds a Zacks Rank #2 (Buy). Conversant, Inc. (Nasdaq:CNVR-Free Report), which carries a Zacks Rank #1 (Strong Buy), is a better-ranked stock from the same sector and is therefore also worth considering.

Lockheed Wins Contract for F-35 Support

Lockheed Martin Aeronautics Company, a key unit of Lockheed Martin Corporation (NYSE:LMT-Free Report), received a modification contract of $54.6 million from the U.S. Department of Defense (DoD). Lockheed Martin, one of the prime U.S. defense contractors, has been receiving a good many DoD contracts on the back of its diversified product portfolio.

In this current contract, the company will provide non-recurring technical support of the F-35 Lot VII program for the U.S. Navy, U.S. Air Force and other international partner governments. Under this contract, the company will provide manufacturing support and technical knowledge related to F-35 production. Work under this contract is scheduled to complete by Jan 2015.

The F-35 fighter jet is Pentagon's costliest program. Its unique capabilities and operational efficiency have roped in orders not only from the U.S. military forces but also from allied countries. Though sequestration has negatively impacted Lockheed Martin's sales, the F-35 warplane despite its many critics continued to find support in 2013. Moreover, the $1.1 trillion Omnibus spending measure President Obama signed into law was a major boost for this defense contractor.

In Mar 2014, Lockheed Martin received a sizable $698 million contract from the DoD. Per the contract, the company will provide the long lead parts, materials and components required for the production of 53 LRIP and Lot IX F-35 JSF.

Despite persistent threats of defense budget cuts, Lockheed Martin seems confident of 2014. For the year, the company has provided an earnings guidance range of $10.25 to $10.55 per share. The current Zacks Consensus Estimate for 2014 at $10.60 is above the high end of the guidance.

Currently, Lockheed Martin 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 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 AMZN - FREE

Get the full Report on AAPL - FREE

Get the full Report on MSFT - FREE

Get the full Report on CNVR - FREE

Get the full Report on LMT - FREE

Follow us on Twitter:

Join us on Facebook:

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]

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 for information about the performance numbers displayed in this press release.

Logo -

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
SYS-CON Events announced today that Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Luxoft’s software development services consist of core and mission-critical custom software development and support, product engineering and testing, and technology consulting.
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
According to Forrester, public cloud platforms are evolving, blurring the lines between Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS) in order to satisfy the needs of enterprises and widen their appeal to developers. In The Forrester Wave™: Enterprise Public Cloud Platforms, Q4 2014, Forrester evaluates the 16 most significant Enterprise Public Cloud Platforms and details how each vendor fulfills the 19 evaluation criteria points.
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, foc...
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
The cloud has reached mainstream IT. Those 18.7 million data centers out there (server closets to corporate data centers to colocation deployments) are moving to the cloud. In his session at 17th Cloud Expo, Achim Weiss, CEO & co-founder of ProfitBricks, will share how two companies – one in the U.S. and one in Germany – are achieving their goals with cloud infrastructure. More than a case study, he will share the details of how they prioritized their cloud computing infrastructure deployments ...
The modern software development landscape consists of best practices and tools that allow teams to deliver software in a near-continuous manner. By adopting a culture of automation, measurement and sharing, the time to ship code has been greatly reduced, allowing for shorter release cycles and quicker feedback from customers and users. Still, with all of these tools and methods, how can teams stay on top of what is taking place across their infrastructure and codebase? Hopping between services a...
NHK, Japan Broadcasting will feature upcoming @ThingsExpo Silicon Valley in a special IoT documentary which will be filmed on the expo floor November 3 to 5, 2015 in Santa Clara. NHK is the sole public TV network in Japan equivalent to BBC in UK and the largest in Asia with many award winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology covering @ThingsExpo Silicon Valley. The program will be aired during the highest viewership season of ...
Decisions about budgets and resources are often made without IT even having a seat at the table. As technologist we understand the value of DevOps - but do your business counterparts? If they don't, your DevOps initiatives could lose funding before they start. In her session at DevOps Summit, Jeanne Morain, Strategist / Author at iSpeak Cloud, LLC, will provide insights on how to bridge the gap between business and technology leaders. Attendees will learn prescriptive guidance on balancing wor...
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Data loss happens, even in the cloud. In fact, if your company has adopted a cloud application in the past three years, data loss has probably happened, whether you know it or not. In his session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how common and costly cloud application data loss is and what measures you can take to protect your organization from data loss.
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.