Synchronoss, Blucora, Raven Industries, Google and Facebook highlighted as Zacks Bull and Bear of the Day

  Synchronoss, Blucora, Raven Industries, Google and Facebook highlighted as
                        Zacks Bull and Bear of the Day

PR Newswire

CHICAGO, June 20, 2013

CHICAGO, June 20, 2013 /PRNewswire/ --Zacks Equity Research highlights
Synchronoss (Nasdaq:SNCR-Free Report) as the Bull of the Day and Blucora
(Nasdaq:BCOR-Free Report) as the Bear of the Day. In addition, Zacks Equity
Research provides analysis onthe Raven Industries Inc. (Nasdaq:RAVN-Free
Report), Google Inc. (Nasdaq:GOOG-Free Report) and Facebook (Nasdaq:FB-Free


Here is a synopsis of all five stocks:

Bull of the Day:

Synchronoss (Nasdaq:SNCR-Free Report) After seeing some significant selling
yesterday, a big bounce for this cloud service provider is in order. It is a
Zacks Rank #1 (Strong Buy). It is the Bull of the Day.

The cloud is nebulous place / thing / idea. What major carriers like Vodafone,
AT&T and Verizon know is that the cloud is a space that they must play in if
they plan on competing in the future with tech powerhouses like Microsoft and
Google. Currently, the cloud for consumers is dominated by Google and its
Drive, but there are others like Dropbox, Box and the budding cloud services
that Synchronoss services that are available from the wireless carriers.

On the most recent conference call the company noted that they will be
focusing on the enterprise market. The mobile operator market is the focus
after a partner in the space asked SNCR to develop an enterprise based cloud
service. This was a big step for the company and a complete validation of what
they have been working towards.

SNCR is a provider of on-demand transaction management software to Tier One
communications service providers. The company's flagship ActivationNow and
ConvergenceNow software platforms automate, synchronize and simplify
electronic service creation and management of advanced wireline, wireless and
IP services across existing networks.

Looking to the earnings history, I see a stock that has beaten the number in
each of the last 6 reports. The most recent quarter was a beat of $0.03, which
translated into a positive earnings surprise of 17%. That was an increase from
the $0.02 beat reported for the December 2012 quarter, a 12.5% positive
earnings surprise and the 11,7% positive earnings surprise posted in the
September 2012 quarter.

Bear of the Day:

Blucora (Nasdaq:BCOR-Free Report) Tax season is over, but analysts are moving
estimates lower for this company despite an outsized recent beat. It is a
Zacks Rank #5 (Strong Sell). It is the Bear of the Day.

A lot of people might focus on the TaxAct side of the business and after Q1
and Q2, the revenues from that unit will almost always drop precipitously.
That is one reason analyst might have reined in estimates, but this unit is
growing on a year over year basis.

Blucora is engaged in providing internet-based solutions for consumers and
business partners. It owns and operates two Internet businesses. Blucora's
InfoSpace business provides online search and monetization solutions. The
Company's TaxACT business provides online tax preparation solutions to
consumers and professional preparers. Blucora was formerly known as InfoSpace
and is headquartered in Bellevue, Washington.

Of late, earnings estimates have declined. The Zacks Consensus Estimate for
2013 has slipped from $1.02 in March to $0.96 in April down to $0.76 in May.
That sort of decline is something makes a lot of people take notice is and is
the major reason this stock has its low Zack Rank.

The same could be said of the 2014 Zacks Consensus Estimate as it fell from
$1.54 in March, to $1.34 in April down to $1.03 in May. Earnings estimate
revisions are the largest component of the Zacks Rank that can influence a
change in rank.

Additional content:

Raven Collaborates with Google

Raven Industries Inc. (Nasdaq:RAVN-Free Report) has collaborated with Google
Inc. (Nasdaq:GOOG-Free Report) to provide high-speed wireless Internet
accessibility in rural, remote and under-served areas of the world by
utilizing high-tech balloons.

Raven Aerostar, a division of Raven, has been working for several months with
Google in a pilot project called Project Loon. The companies will share their
technologies in the project, which is still in its early stage.

Search engine giant Google will use the 60 feet tall high-tech balloons
designed by Raven as well as its flight control system. The system along with
the software developed by Google will direct the path of the balloons. These
high altitude balloons carried by the wind will be able to move in the right
direction providing high-speed Internet access.

Over the years, Internet has gradually become a necessity. However, a fast and
easily accessible Internet connection is still out of reach in the developing
nations and rural areas. With the help of this high altitude balloon
engineering, people can get improved Internet access.

This improved technology has the potential to change millions of lives through
improved medical care, access to knowledge and enriched agriculture. However,
the Aerostar segment will continue to face government uncertainty and sluggish
demand. This innovation is in line with its attempt to offset government
uncertainty by enhancing proprietary technology revenues, including the sale
of advanced radar systems, high-altitude research balloons and aerostats in
international markets.

In an attempt to obtain benefits of internet connectivity, Raven has also
launched a new website recently., the website designed by
Raven Industries Applied Technology Division, will allow its customers to
access information from anywhere. The visitors will also get user-friendly
experience connecting through Facebook (Nasdaq:FB-Free Report), allowing
better rendering of content on a mobile device and eliminates the need for
multiple versions of the company site.

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