The Zacks Analyst Blog Highlights: Microsoft, Canadian National, BP, Monsanto and Fastenal

For Immediate Release

Chicago, IL -March 02, 2017 – 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 Microsoft (NASDAQ: MSFTFree Report ), Canadian National (NYSE: CNIFree Report ), BP (NYSE: BPFree Report ), Monsanto (NYSE: MONFree Report ) and Fastenal (NASDAQ: FASTFree Report ).

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Here are highlights from Wednesday’s Analyst Blog:

Top Research Reports for Thursday: MSFT, CNI, BP

Today’s Research Daily features new research reports on 16 major stocks, including Microsoft (NASDAQ: MSFTFree Report ), Canadian National (NYSE: CNIFree Report ) and BP (NYSE: BPFree Report ).

Microsoft shares lagged the Zacks Tech sector through the fall, but have led the way over the last six months (up +10.9% versus +8.2%) on greater appreciation for the company’s reorganization and repositioning. The Zacks analyst points to the company’s continuing enterprise strength, benefits from the Office 365 subscription model, strong growth prospects of Azure and promising new products.

The acquisition of AI startup Maluuba is a big positive for the company given the growing demand for artificial intelligence techniques throughout the world. The recent announcement of Xbox Game Pass, a subscription-based gaming service, will help Microsoft to win market share from the likes of GameStop. All in all, the company has emerged as a leader in the cloud space that promises momentum on a number of fronts. (You can read the full research report on Microsoft here . )

Buy-rated Canadian National shares have done really well since the election (up +9.1%) and have also posted healthy gains last year, but failed to outperform the Zacks Rail industry which gained 19.7% over the same period. This was primarily due to coal related headwinds. However, fourth quarter earnings exceeded expectations, driven by lower costs, while revenues increased on a year-over-year basis.

The analyst likes this Buy-rated stock’s initiatives to reward investors as well as the C$ 2.5 billion 2017 capital investment plan. The plan complements its efforts to promote safety along with enhancing productivity. (You can read the full research report on Canadian National here. )

BP ‘s shares have gained 12.3% over the last one year, outperforming the Zacks categorized Oil & Gas-International Integrated industry which gained 9.9% over the same period, as well as rival Royal Dutch Shell. The analyst is enthused by its latest announcement, that it expects the upstream and downstream segments to contribute significant cash flows over the next five years. Cash flows from the upstream operation will likely be between $ 13 billion and $ 14 billion annually.

Moreover, the downstream operation is expected to add $ 9-$ 10 billion yearly cash flows. However, volatility in commodity prices remains a concern. Moreover, the trailing 12-month return on capital is not very encouraging. (You can read the full research report on BP here. )

Other noteworthy reports we are featuring today include Monsanto (NYSE: MONFree Report ) and Fastenal (NASDAQ: FASTFree Report ).

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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.

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Microsoft Corporation (MSFT): Free Stock Analysis Report

Canadian National Railway Company (CNI): Free Stock Analysis Report

BP p.l.c. (BP): Free Stock Analysis Report

Monsanto Company (MON): Free Stock Analysis Report

Fastenal Company (FAST): Free Stock Analysis Report

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