|By PR Newswire||
|August 29, 2014 09:30 AM EDT||
CHICAGO, Aug. 29, 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 Microsoft (Nasdaq:MSFT-Free Report), Hewlett-Packard (NYSE:HPQ-Free Report), Intel (Nasdaq:INTC-Free Report), Symantec Corp. (Nasdaq:SYMC-Free Report) and Avis Budget Group, Inc. (Nasdaq:CAR-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:
PC Shipment Decline to Moderate?
According to the latest IDC report, the decline in PC shipments is expected to moderate, helped by increased spending in mature markets as a result of system refreshes and enterprise system migrations beyond Microsoft's (Nasdaq:MSFT-Free Report) XP operating system. Also, the demand for Chromebooks is on the rise in these markets which is expected to cushion the decline in PCs. Nonetheless, PC shipments in the emerging markets continue to be impacted by consumers' preference for tablets and mobile devices.
Buoyed by a forecasted 5.6% growth in PC shipments (140.7 million) in the mature markets, IDC now expects global PC shipments (303.5 million) to decline 3.7% in 2014, a marked improvement from its earlier forecast of a 6% decline. PC shipments in emerging markets (162.7 million) are however expected to be down 10.5% in 2014.
IDC has also stated that PC market cannibalization by tablets is weakening. The reduction of PC prices by vendors is turning out to be an offsetting factor.
Additionally, IDC expects PC shipment declines to moderate further to just 2.3% in 2015 backed by the extension of PC replacement cycles and the scheduled launch of Windows 9.
It is worth noting that the optimism expressed by IDC was reflected in some of the results declared by the companies such as Hewlett-Packard (NYSE:HPQ-Free Report), Intel (Nasdaq:INTC-Free Report) and Microsoft that are directly related to the PC industry. Apart from this, companies in allied industries, such as IT security service provider Symantec Corp. (Nasdaq:SYMC-Free Report), have seen an improvement in the market.
H-P reported top-line growth in the third quarter after 11 consecutive quarterly declines. Revenues improved primarily due to higher sales in the PC segment.
Also, the company witnessed growth in commercial revenues driven by strong demand for commercial desktops and notebooks. The ongoing upgrade of H-P's installed base and the expiration of the Windows XP operating system also aided segmental revenues. The consumer segment was aided by higher sales in its Americas and EMEA regions, which offset the soft demand in Russia and China.
Intel also reported higher unit volumes, both sequentially and year over year, driven by the improving economic environment, PC refreshes in the enterprise and SMB segments, Windows XP end-of-life and the growing number of form factors that Intel currently caters to. This, in turn, aided the company's top-line performance.
Coming to Microsoft, Windows OEM revenues grew at a much slower rate of 3% as the 11% OEM Pro revenue growth was largely offset by a 9% decline in OEM non-Pro. Both OEM Pro and consumer licensing benefited from the withdrawal of XP support.
The current phase of system upgrades and PC refresh cycles remains the near-term catalysts for the industry. From a long-term perspective, PCs have to slog it out with other computing devices currently available, as returning to growth remains a distant possibility.
Avis' Zipcar Expansion on a Roll
Avis Budget Group, Inc.'s (Nasdaq:CAR-Free Report) wholly owned subsidiary, Zipcar, has recently collaborated with the city of Palo Alto to launch its car sharing services in the city. Further, the company plans to introduce 10 Zipcars in the city's four parking facilities located within the confines of the Downtown Parking Assessment District.
Members in the Palo Alto city are charged at rates which start from $8.50 per hour and $74 per day. Moreover, the company provides an extensive range of models such as Volkswagen Passat, fuel-friendly Toyota Prius Hybrid, and Hyundai Elantra, to name a few. With this cost-friendly mode of transport, Palo Alto residents will be able to lessen traffic, limit carbon emissions and address parking problems.
Interestingly, Zipcar already owns over 50 cars in the Stanford University campus, which is adjacent to the city. Notably, the company has gained significant popularity since it forayed into Stanford in 2011, which is evident from its solid membership at the campus. Meanwhile, its entry into Palo Alto is expected to widen members' reach, enhance customer convenience and add to the company's customer base.
Apart from Stanford, Zipcar has over 1,400 vehicles in the greater Bay Area.
Additionally, Zipcar has a vehicle for Business program, which offers driving rates at discounted prices during weekdays. This benefits the city's local business employees with reduce parking needs and cost savings as well as protects the environment by cutting down carbon emission levels.
Zipcar operates a car-sharing network and provides self-service vehicles to members in and around their residences and workplaces. The company's vehicles are available for use through its reservation system accessible by phone, Internet or apps on Androids and iPhone.
Avis Budget, sporting a Zacks Rank #1 (Strong Buy), acquired Zipcar in Jan 2013 for a total value of $500 million.
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.
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.
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.
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.
Cloud-based NCLC (No-code/low code) application builder platforms empower everyone in the organization to quickly build applications and executable processes that broaden access, deepen collaboration, and enhance transparency for all team members. Line of business owners (LOBO) and operations managers know best their part of the business and their processes. IT departments are beginning to leverage NCLC platforms to empower and enable LOBOs to lead the innovation, transform the organization, an...
May. 6, 2016 03:00 PM EDT Reads: 214
As enterprises around the world struggle with their digital transformation efforts, many are finding that innovative digital teams are moving much faster than their hidebound IT organizations. Rather than struggling to convince traditional IT to get with the digital program, executives are taking advice from IT research firm Gartner, and encouraging existing IT to continue in their desultory ways. However, many CIOs are realizing the dangers of following Gartner’s advice. The central challenge ...
May. 6, 2016 02:42 PM EDT Reads: 110
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
May. 6, 2016 02:15 PM EDT Reads: 907
Cloud Object Storage is effectively infinitely scalable and boasts the lowest total costs. But cloud SLAs and T&Cs are traditionally optimized for huge customers like Netflix, so applications demanding better confidentiality or higher availability typically can’t reap the benefits of public cloud storage. In his session at 18th Cloud Expo, Don Martin, CTO of Security First Corp, will provide an overview of innovative technologies available today – secret sharing and information dispersal algori...
May. 6, 2016 02:02 PM EDT Reads: 162
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
May. 6, 2016 01:45 PM EDT Reads: 1,366
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
May. 6, 2016 01:00 PM EDT Reads: 1,406
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
May. 6, 2016 12:45 PM EDT Reads: 1,185
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
May. 6, 2016 12:30 PM EDT Reads: 1,212
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
May. 6, 2016 12:00 PM EDT Reads: 837
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
May. 6, 2016 11:57 AM EDT Reads: 250
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT's direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
May. 6, 2016 10:53 AM EDT Reads: 199
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
May. 6, 2016 10:30 AM EDT Reads: 1,597
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
May. 6, 2016 10:00 AM EDT Reads: 1,320
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
May. 6, 2016 10:00 AM EDT Reads: 1,529
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
May. 6, 2016 10:00 AM EDT Reads: 1,107