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Chicago, IL – April 25, 2016 – 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 Apple (AAPL), Twitter (TWTR) and Akamai Technologies (AKAM).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday's Analyst Blog:
Major Tech Earnings for This Week
Next week there will be a flurry of reports coming in as we head into the peak of the earnings season. Nearly 175 S&P 500 members are scheduled to post their financial numbers for the just concluded quarter, of which a fair chunk will be from the technology space. Technology is one of the most watched sectors. Owing to its dynamic nature, there are chances of greater returns and even more possibilities of bitter losses.
With macroeconomic conditions still soft, earnings growth is projected to be negative for 10 of the 16 Zacks sectors (as of Apr 20). Even tech earnings are expected to be down 5.8% in the first quarter, though sales are expected to grow a modest 2.3% over the last year.
This Tuesday, i.e. Apr 26, will see reports from tech bellwethers like Apple (AAPL), Twitter (TWTR) and Akamai Technologies (AKAM). Let's have a look at how these players are poised ahead of the scheduled announcements.
Apple has rescheduled its second-quarter fiscal 2016 earnings to Apr 26. Since the last quarter, the company has been striving to revive stagnating iPhone sales (its most important revenue contributor). This Zacks Rank #3 (Hold) company has a negative Earnings ESP, which makes it difficult to conclusively predict an earnings beat this quarter. Even with a rebounding Chinese economy and increasing iPhone prices, there are mixed expectations regarding iPhone sales in the quarter. (Read: Apple Q2 Earnings: What to Expect this Time Around? ).
Akamai Technologies , a prominent content delivery network provider, has been going through a rough time owing to the weakness in its Media delivery business. Moreover, this time, the company has lost two of its large customers, Apple and Netflix, which is expected to have some negative impact on its financials. Moreover, Akamai has an Earnings ESP of -1.96%. Nonetheless, a new organizational structure and rising demand for mobile Internet are positives for the company. (Read: Akamai to Report Q1 Earnings: Will it Miss this Time? ).
Twitter , the much loved and at the same time much criticized micro blogging platform, has been battling a flagging user base and the ongoing executive shuffling. Though investor sentiments have improved after co-founder Jack Dorsey took the helm to direct the company's growth path, it still has a long way to go. This is especially because of increasing competition from its social media peers, Facebook and Google. Nonetheless, the recent initiatives taken by the company to improve its engagement and monetization levels will likely have some positive effect on its financials. Twitter has a Zacks Rank #3 and an Earnings ESP of 0.00%. (Read: Can Twitter Pull a Surprise this Earnings Season? ).
Bottom Line
Though the global market has been seeing growth issues, companies are reporting better-than-expected numbers, thanks to low expectations.
As such not all hope is lost for these tech stocks as the market has already adjusted the prices (and their expectations) for this uncertain environment. This leaves ample scope for a possible earnings beat. Traditionally, tech sector prices have been responsive to earnings surprises and we might be in for some unexpected ones as well!
Stay Tuned! Check later on our full write-up on earnings releases of these stocks.
Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days.Click to get this free report >>.
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. Find out What is happening in the stock market today on zacks.com.
Buy AutoTrafficRSS script now for $27 only!
We will send the script to your PayPal email within few hours,Please add FullContentRSS@gmail.com to your email contact.By Niyi Tabiti: She started the lindaikeji blog in 2007 and has never for once, stopped posting latest news on it. Visitors keep coming back and right now she is got more. Don't start today and expect to buy a banana island mansion within 2 months.Lesson 1 is consistency. Don't break the line.
Exclusives.No matter what it takes, do your best.Stand out from the crowd. Put a lot of originality into your work.You can aggregate stories from other websites but give credits.Do your own original blog posts too and breathe fresh ideas into the internet.Whether you are using blogspot like Linda Ikeji,Stella Dimoko or wordpress like Niyi Tabiti or Bella Naija CMS,readers want to come back for latest news or stories that touches the heart.
Ready to take the bitter Pill: Just the way those exclusive news will make you a superstar, some will definitely make celebs and their friends you write about come back for you. Be ready to face it.We know you love searching for Linda Ikeji's networth but also learn about the many battles she has passed through before getting to this point.
Use the right advertising method: Some people don't know what it means to monetize their websites. Linda makes good money from google advertising programme known as Adsense. Linda also gets regular direct adverts from personalities and brands. The top Nigerian blogger also make enormous income from sponsored posts. Sometimes, she gets more than 12 in a day.
Quick Fund: Don't allow someone to take over your dream with some quick funds. The money they offer you to take over the startup will soon become what you earn in minutes. Facebook founder, Mark Zuckerberg once turned down $1 Billion offer to buy his social network Yahoo.A source also disclosed that Osewa once turned down good money from those who wanted to buy Nairaland.com
Be business minded: Linda is a businesswoman.She does not joke with the revenue she gets from the blog.She has business manager.After negotiation, there is transaction (Alert)..lol…before integration of our material.You can only be successful if friends and families pay for services rendered.
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We will send the script to your PayPal email within few hours,Please add FullContentRSS@gmail.com to your email contact.What links these seven young Nigerians together is zeal: The zeal to be different, self-sufficient, financially independent and creative. Along the line, they have carved a niche for themselves in their various fields and without knowing it, impacted significantly towards the growth and development of this nation, Chima Akwaja writes.
These young men and ladies and numerous others not listed here are staking their claims that this country can be achieve the dreams of the founding fathers of Nigeria. Within a few months and years after their educational voyage, they have launched their net into the deep and caught fishes.
Not all of them had it rosy at the beginning. Some had to battle hunger. In fact, the hunger to be self-reliant, without depending on their parents had set them apart from the crowd. These young and dynamic Nigerians are pathfinders in the new Nigeria that the present administration is working to lay the foundation.
From various fields, cutting across law, information technology (IT), arts, tourism, business, etc, they have succeeded where others fear to thread. Their story below is very compelling and shows that where there is a will, there is a way. It signals that there is hope for the future generations in Nigeria. All that is needed is to plug into that hope, strive harder and the dream will be a reality.
Ideas rule the world. In Nigeria, there are so many challenges that need to be confronted. All that is needed is discerning youths to identify the problem, come up with a solution and pronto, he/she will become sought after and will eventually be on top of the world. The story of these seven young entrepreneurs below should inspire hope and courage in the teeming unemployed in the country.
Iyinoluwa Aboyeji, Co-Founder, Andela
Iyinoluwa, a serial entrepreneur with years of experience running social ventures in education technology and publishing, he is a Co-founder and Director of Recruitment at Andela, a technology company with offices in Yaba, Lagos and New York. Andela selects the top one per cent of technology talent from Africa.
With funders who include founders of Facebook, eBay, and AOL, Andela, a talent accelerator, trains world-class developers and matches them with employers around the world. In 2014, Iyinoluwa co-founded Fora, which enables African universities to scale quickly using online course content developed by professors at leading global institutions.
Iyinoluwa last month was listed by Forbes among the Most Promising Young African Entrepreneurs. He holds a Bachelor's Degree in Legal Studies from the University of Waterloo in Waterloo, Ontario, Canada. He helped found and run Bookneto Inc, a social e-learning platform for university professors to teach online courses. Bookneto Inc. was acquired in 2013.
Aisha Augie-Kuta, CEO, MeerMaad Networks Ltd
Aisha Augie-Kuta (35yrs) is a a photographer, filmmaker and mixed media artist based in Abuja. Her work spans across photography, painting and documentary-style films. Aisha currently runs The Photo Cafe and is the founder of The Centre For Art and Creative Talent (CACT) in Abuja.
She is the CEO of Meermaad Networks. She studied Mass Communication at Ahmadu Bello University Zaria; MSc in Media and communication at the Pan African University, Lagos (Now Pan Atlantic University); Certificate in Digital Filmmaking from The New York Film academy and also a Certificate in curating contemporary art exhibitions from the Chelsea College of art and design, London, UK.
Aisha became interested in photography when her father gave her a camera at a young age. She is an Associate of the Nigeria Leadership Initiative (NLI); Vice-President, Women in Film and television in Nigeria (Wiftin) the West African chapter of the US based network; and she co-founded The Photowagon, a Nigerian photography collective, in 2009.
Mark Essien, Founder, Hotels.ng
Essien, 31, is the founder of Hotels.ng, Nigeria's largest hotel booking website. The online portal allows users from all over the world to book rooms from a selection of over 8000 hotels. It has recently secured an investment of $1.2m from international investors EchoVC Pan-Africa Fund, a seed-stage technology fund, and Omidyar Network, the investment vehicle of eBay founder Pierre Omidyar.
Mark, a hardware/software developer, studied Comp. Eng/Robotics in Germany. After his studies, he returned to Nigeria and founded Hotels.ng, the first startup to directly address the African hotel booking market. His message to Nigerian aspiring business leaders and entrepreneurs is that they should explore as "The African business ecosystem is brimming with opportunities and you just need to find what works. However, not every market is a good one, so you need to be keen enough to spot the difference."
Prince Nnamdi Ekeh, Founder, Yudala
Prince Ekeh, 23 year old founder and vice president of the composite retail platform, Yudala has taken the e-commerce space by story since August 2015 launch of its online store. Yudala employs over 400 Nigerians on full time basis. It plans to haveYudala store in every local government council by 2019, taking an estimated 10,000 Nigerians out of the labour market.
His company wrote its name and that of Nigeria in the history books on Thursday November 26th 2015 by successfully undertaking the world's first e-commerce drone delivery to flag off its inaugural Black Friday sales. Apart from the innovative strategies, his Yudala Online is ushering in a revolution in customer experience and service. Google at the end of last year rated Yudala second best Air Peace among the top trending Nigerian brands in 2015.
An Economics graduate of the University of Lancaster, Prince also holds a certificate in International Business and Economics from Harvard. An alumnus of the prestigious Lagos Business School (LBS), Prince holds a firm belief that the youth hold the key to unlocking the full potential of the Nigerian economy and the only industry that will provide them with this opportunity is the ICT.
Linda Ikeji, Blogger
Linda Ikeji, (35yrs) blogger, writer, entrepreneur and former model. She studied Mass Communications at University of Lagos but struggled to make it as a practising journalist and run way model. She went into full blogging in 2007. Her blog, Lindaikeji.blog.com has become one of the most visited sites in Africa. In 2008 and 2009 she was begging her readers to place adverts for free on her site.
Today, she is worth multimillionaire with monthly revenues in the range of $35,000-$50,000. In August 2012, Forbes Africa described her as a success and case study of blogging. Linda began her business as a hobby; however, four years down the line, she started making money from blogging.
According to Ventures Africa, "The story of Linda Ikeji, Nigeria's most popular blogger, shows that you can create value, and therefore a business and influence, from whatever you're passionate about; and even when controversy abounds, there are many opportunities to do good."
Paul Orajiaka, Founder, Auldon Ltd
Paul Orajiaka, a 37 year-old Nigerian entrepreneur, is the founder of Auldon Limited, a manufacturer of African-themed toys which depict, promote and teach Africa's cultural heritage to children. He founded the company with less than $100; it now has annual revenues of more than $10 million.
Apart from Nigeria, Auldon's toys are now sought after in countries like South Africa, Ghana, Kenya, and some parts of Europe. Last year, Auldon launched the Unity Girl Dolls, a set of multi-cultural dolls clad in the traditional attires of Nigeria's major ethnic groups.
Orajiaka is currently studying for a Doctorate in Business Administration (DBA) at Henley Business School of the University of Reading, UK, majoring in Entrepreneurship. He studied accounting at University of Lagos (UNILAG) and Masters in Business Administration (MBA) from Lagos Business School, Pan-African University (PAN).
Seun Osewa, founder/CEO, Nairaland Forum
Seuon Osewa is the creator of Nairaland.com, Nigeria's largest online forum which he launched in March 2005. It currently has over 1.5 million registered members. Nairaland is ranked amongst the seven top most visited sites in Nigeria by Alexa.com.
Nairaland is credited to being the biggest African forum according to Forbes. Seun started Nairaland in 2005 for the purpose of income. He said he actually planned to be making N60,000 per month when he started but things came out too positive for him that he was getting much more than that. Today, he is a millionaire.
Seun created a "frontpage" for Nairaland forum to attract more visitors to the website and to make it easy for visitors to be informed. Years later Nairaland's success became really huge that the website became the most visited site in Nigeria and Africa.