Oil Recovery Makes Halliburton TOP PICK and 4 More HOT Stock Insights
Halliburton Company (NYSE:HAL) and Transocean (NYSE:RIG) shares are the two top picks of UBS, as the analysts react to the recent sell off of oil stocks, recommending that investors look for Diversified aggressively given compelling valuations, given expectations for an oil recovery, and reduced earnings risk.
Gaylord Entertainment Co. (NYSE:GET) keeps its Market Perform rating from Wells Fargo following an explosion at the firm’s Opryland that did cause damage. Wells expects that insurance will take care of the costs from the event, and that Marriott’s (NYSE:MAR) interest in purchasing the Gaylord brand should be unaffected.
Marriott International, Inc.’s price target was raised by Baird subsequent to its investor day, which took place in China. The analyst rates Marriott Outperform, and points out the company’s positive outlook, building momentum, and solid balance sheet.
Zumiez, Inc. (NASDAQ:ZUMZ) is rated Ourperform by Baird, which raised its price target on the firm after its announcement that it will purchase the European sports retailer Blue Tomato. Also cited was Zumiez’ increased comp and revenue guidance, as well as the complementary nature of its European acquisition.
Stifel Financial Corp. (NYSE:SF) comes in second with Wells Fargo, which prefers Raymond James (NYSE:RJF), as it thinks that Raymond James is less exposed to capital markets. The firm maintains an Outperform rating on Raymond James, with a Market Perform in Stifel, for which the analyst is more confident that Street estimates are probably too high. In addition, Wells opines that Jefferies (NYSE:JEF) stronger than expected second quarter results show that equities capital markets might have been weak.
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