The Zacks Analyst Blog Highlights Broadcom, Bank of America, Netflix, BK Technologies and Optex Systems

Zacks08-20

For Immediate Release Chicago, IL – August 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and ...

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Every day the Zacks Equity Research analysts discuss the latest news and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-analyst-blog-highlights-broadcom-084900553.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0640476718.USD","symbol_name":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/zacks-analyst-blog-highlights-broadcom-084900553.html","article_id":"2460079751","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_EkPkvh93Q0meWUPOQX5rw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/32389a4625f6ac2960e954af2d7bcd7a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460079751","pubTimestamp":1724143740,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – August 20, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. 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BKTI and Optex Systems Holdings, Inc OPXS.Top Stock Reports for Broadcom, Bank of America and Netflix","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","AVGOP":"BROADCOM INC PFD SER A 22","OPXS":"Optex Systems Holdings, Inc.","AVGO":"博通","BK4020":"通信设备","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4207":"综合性银行","BAC":"美国银行","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","BK4135":"资产管理与托管银行","LU0056508442.USD":"贝莱德世界科技基金A2","BK4566":"资本集团","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","NFLX":"奈飞","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","MSC":"新濠影汇","BK":"纽约梅隆银行","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","BK4108":"电影和娱乐","BKTI":"BK Technologies, Inc...","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0079474960.USD":"联博美国增长基金A","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","BK4575":"芯片概念"},"translate_title":"Zacks分析师博客重点介绍了Broadcom、美银、Netflix,Inc.、BK Technologies和Optex Systems","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGOP":1,"BAC":1,"BK":1,"AVGO":1,"OPXS":1,"NFLX":1,"BKTI":1,"MSC":0.9},"content_text":"For Immediate Release\nChicago, IL – August 20, 2024 – 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: Broadcom Inc. AVGO, $Bank of America Corp(BAC-N)$. BAC, Netflix, Inc. NFLX, BK Technologies Corp. BKTI and Optex Systems Holdings, Inc OPXS.\nHere are highlights from Monday’s Analyst Blog:\nTop Stock Reports for Broadcom, Bank of America and Netflix\nThe Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc., Bank of America Corp. and Netflix, Inc., as well as two micro-cap stocks BK Technologies Corp. and Optex Systems Holdings, Inc. The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.You can see all of today’s research reports here >>>Broadcom shares have outperformed the Zacks Electronics - Semiconductors industry over the year-to-date period (+49.6% vs. +25.4%). The company’s fiscal second quarter benefited from strong deployment of AI by hyperscalers, service providers and enterprises. Networking remained strong as the company witnessed strong growth.Sales of the PAM-5 and Jericho 3, which Broadcom deployed successfully in close collaboration with partners like Arista Networks, Dell, Juniper, and Supermicro, doubled year over year. It also doubled shipments of PCI Express switches and NICs in the AI backend fabric.AI sales surged an astounding 280% year over year and is now expected to be more than $11 billion for fiscal 2024. Broadcom expects networking revenues to be strong. Server storage connectivity revenues are expected to recover modestly in the second half of 2024.(You can read the full research report on Broadcom here >>>)Shares of Bank of America have outperformed the Zacks Banks - Major Regional industry over the past six months (+17.4% vs. +17.2%). The company’s second-quarter 2024 results were aided by marginally higher revenues. While high funding costs are a concern, the company’s net interest income (NII) will be positively impacted by the current high-rate regime. The Zacks analyst project NII to witness a CAGR of 0.8% by 2026.Bank of America’s plans to open financial centers in new and existing markets and improve digital capabilities will aid the top line. While the capital markets activity is showing signs of improvement, the challenging macroeconomic environment might weigh on the investment banking (IB) business.Thus, fee income growth will likely be muted. We project fee income to rise in 2024 and decline in 2025. Due to continued investments in franchise, operating costs will remain high. We expect expenses to rise 0.5% in 2024.(You can read the full research report on Bank of America here >>>)Netflix shares have outperformed the Zacks Broadcast Radio and Television industry over the year-to-date period (+38.4% vs. +18.2%). The company is benefiting from its growing subscriber base, thanks to a robust portfolio, paid subscription-sharing offering (part of its password-sharing crackdown), recent price changes and the strength of its business in general.Netflix added 8.05 million paid subscribers globally in second-quarter 2024, with a rise of 1% in average revenue per subscription. Netflix is expected to continue dominating the streaming space, courtesy of its diversified content portfolio, which is attributable to heavy investments in the production and distribution of localized and foreign-language content.However, stiff competition in the streaming space from the likes of Apple, Amazon Prime Video and Disney+ is a headwind. NFLX’s leveraged balance sheet and a higher streaming obligation are concerns.(You can read the full research report on Netflix here >>>)Shares of BK Technologies have outperformed the Zacks Wireless Equipment industry over the year-to-date period (+44.5% vs. +25.6%). This microcap company with market capitalization of $62.50 million has achieved a significant turnaround in profitability, with second-quarter 2024 GAAP earnings per share (EPS) reaching $0.47, driven by cost reductions and a robust gross margin of 37.3%.Growing demand for BKR 9000 and BKR 5000 radios, evidenced by orders from the California Department of Forestry and Fire Protection (CAL FIRE) and the Mississippi Forestry Commission, supports revenue growth. A $27 million order backlog enhances revenue visibility while transitioning to outsourced manufacturing reduces costs. A focus on innovation, such as the patented InteropONE solution, strengthens BK's market position.Yet, reliance on government contracts, supply-chain risks and limited product diversification pose potential challenges. The strong balance sheet, with $2.9 million in cash and no long-term debt, provides financial stability.(You can read the full research report on BK Technologies here >>>)Optex Systems’ shares have outperformed the Zacks Aerospace - Defense Equipment industry over the year-to-date period (+23.3% vs. +18.3%). This microcap company with market capitalization of $55.54 million has demonstrated strong growth with a notable revenue increase from $17.6 million to $24.6 million for the first nine months of 2024.Optex Systems’ expanding order backlog, rising from $43.5 million to over $47 million, underscores robust market demand and solid contract acquisition. Strategic contract wins, including multi-million dollar deals in military applications, bolster its positioning in the defense sector, where it aligns well with the growing demand for optical sighting systems and assemblies.Financially, it has seen a significant rise in net income, jumping from $0.8 million to $2.8 million, reflecting operational efficiencies and effective management. The company's focus on innovation further strengthens its market position. However, risks include margin compression due to inflationary pressures, contract concentration and competition from larger defense contractors.(You can read the full research report on Optec Systems here >>>)\nWhy Haven't You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nPast 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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nBank of America Corporation (BAC) : Free Stock Analysis Report\nNetflix, Inc. (NFLX) : Free Stock Analysis Report\nBroadcom Inc. (AVGO) : Free Stock Analysis Report\nOptex Systems Holdings Inc. (OPXS): Free Stock Analysis Report\nBK TECHNOLOGIES, INC. (BKTI): Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460079751"}