Verizon’s Market Share Accelerates and 4 Stock Analyses to Watch
Google Inc. (NASDAQ:GOOG): ThinkEquity expects Google Inc. to report solid third quarter results as they believe that the search ad market was “relatively healthy” and the company’s new businesses continue to gain shares. The firm thinks that Google has a number of new products that should drive revenue and a Buy rating is reiterated.
IAC/InterActiveCorp. (NASDAQ:IACI): Oppenheimer expects Street estimates for IAC InterActiveCorp. to increase in the wake of the company’s acquisition of About.com and a more bullish outlook on organic search trends. The firm’s 2013 estimates are above consensus levels and they reiterate an Outperform rating on the stock.
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Raytheon Co. (NYSE:RTN): Bernstein believes that Raytheon Co. will benefit from high international sales. The firm expects the company’s 2013 results to surpass consensus estimates as they are driven by high margins. Bernstein identifies the company as their favorite large defense idea and maintains an Outperform rating.
Ruby Tuesday, Inc. (NYSE:RT): After Ruby Tuesday reported higher than expected first quarter earnings per share and same store sales, Wells Fargo believes the company’s strategy is gaining traction. The firm sees commodity pressure as a “mild nuisance at worst for the fiscal year 2013,” and they maintain an Outperform rating on their stock.
Verizon Communications Inc. (NYSE:VZ): After conducting checks, Wells Fargo believes that Verizon Wireless Communications Inc.’s market share gains have accelerated. The firm maintains an Outperform rating on their stock.
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