The Zacks Analyst Blog Highlights: Comcast, eBay, Home Depot, HSN and Tivo
CHICAGO, June 14, 2012 /PRNewswire/ -- 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 Comcast Corporation (Nasdaq: CMCSA), eBay Inc. (Nasdaq: EBAY), Home Depot Inc. (NYSE: HD), HSN Inc (Nasdaq: HSNI) and Tivo Inc. (Nasdaq: TIVO).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Wednesday's Analyst Blog:
Comcast to Join with PayPal
Comcast Corporation (Nasdaq: CMCSA) and eBay Inc. (Nasdaq: EBAY) are at an early stage of discussion to enable Comcast's subscribers to buy products featured in television advertisements and pay via eBay's PayPal payment service. We believe that this is an effort by the company to compensate for the loss sustained from over-the-top video segment.
As part of the collaboration agreement, viewers with a PayPal account will be able to buy a product being advertised on television, donate money to political campaign and non-profit organization. Additionally, they can also ask advertisers to text information to their phones regarding a product and can collect coupons through PayPal to shop in retail stores like Home Depot Inc. (NYSE: HD).
Though innovative, this type of Enhanced TV Binary Interchange Format (EBIF) is not new for Comcast subscribers. The company already has an application that supports HSN Inc's (Nasdaq: HSNI) Shop By Remote product and can run on any type of set top box.
PayPal has already signed a similar deal with Tivo Inc. (Nasdaq: TIVO). Further, this deal with Comcast is an attempt by the online shopping giant to grab significant market share of the TV commerce business. According to Nielsen Co., on an average, the U.S. consumer watches 34 hours of television per week, among which 49% of them are ready to embrace the idea of making purchases through Television.We believe that this is a win-win situation for both the companies. Cable companies like Comcast Corporation, which has been trying this EBIF format for long, now has the support of its interactive platform, X1.
Furthermore, the cable MSO's will be able to take in higher fees for ads, since they would give the customers the ability to purchase from the television, and thus offset the reduction in revenue from other sources. On the other hand, PayPal, which already has 20% of the global e-commerce sales, can improve its registered customer base through the deal and can increase its topline by charging transaction fees for the service.
We maintain our long-term Neutral recommendation on Comcast Corporation. Currently, Comcast Corporation has a Zacks #3 Rank, implying a short-term Hold rating on the stock.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
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: http://at.zacks.com/?id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
SOURCE Zacks Investment Research, Inc.Back to top