The Zacks Analyst Blog Highlights:Soufun Holdings, Bank of America, Royal Caribbean Cruises, JPMorgan Chase and American

  The Zacks Analyst Blog Highlights:Soufun Holdings, Bank of America, Royal
            Caribbean Cruises, JPMorgan Chase and American Express

PR Newswire

CHICAGO, Aug. 21, 2013

CHICAGO, Aug. 21, 2013 /PRNewswire/ 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  theSoufun Holdings
(NYSE:SFUN-Free Report), Bank of America Corporation (NYSE:BAC-Free Report),
Royal Caribbean Cruises Ltd. (NYSE:RCL-Free Report), JPMorgan Chase & Co.
(NYSE:JPM-Free Report) and American Express Company (NYSE:AXP-Free Report).


Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of
the Day pick for free.

Here are highlights from Tuesday's Analyst Blog:

What Chinese Real Estate Crisis?

Looking for that Chinese real estate crisis, are you? All those empty blocks
of apartment houses, those leveraged loans, the crash in prices?

Well, you need to be updated with the following facts from Soufun Holdings
(NYSE:SFUN-Free Report) in China and think twice.

SouFun operates the leading real estate Internet portal in China, when
measured in terms of the number of page views in 2012 and in visitors to its

This $3.2 billion in market cap Mid Cap Growth stock moved to a Zacks Rank #1
with a longer-term Outperform rating on August 9, 2013. It is found in the
Business Services industry, which is ranked #85 out of 260 industries. 

SFUN pays a nice 4.8% dividend yield, and has a current forward 12-month P/E
ratio of 16. Analysts forecast SFUN earnings for 2014 to grow +18% annually;
to $3.11 a share from $2.63 a share in 2013. They forecast SFUN's annual sales
growth for 2014 to be +16%; after posting a likely +20% increase in 2013.

Through SouFun's Chinese language website above -- it can provide marketing,
e-commerce, listing and other value-added services for China's fast-growing
real estate and home-related industries. It is headquartered in Beijing,

SouFun's Internet portal is highly focused on the Chinese user experience.
However, SouFun currently maintains about 100 brick-and-mortar offices to
focus on local market needs, too. Its website and database cover more than
320 cities in China.

China Real Estate Market Strength Bodes Well for Soufun Holdings

Soufun stock recently jumped dramatically after China's National Bureau of
Statistics released July 2013 housing price figures. Prices climbed in 69 of
the 70 cities the government tracked from a year earlier, matching the data in
June and May.

The southern business center of Guangzhou posted the biggest gain, rising 17%
from a year earlier. Prices in Beijing and Shanghai increased 14% each. All
three cities had their biggest gains since the government changed its
methodology for housing price data in January 2011.

BofA Launches New Credit Card

The competition in the travel credit card market is set to intensify with the
launch of new credit cards by Bank of America Corporation (NYSE:BAC-Free
Report) in collaboration with Miami-based Royal Caribbean Cruises Ltd.
(NYSE:RCL-Free Report). The two companies renewed their multi-year affinity
partnership with the launch of credit cards, which will offer benefits to
loyalists of the cruise company.

The new credit cards offer exclusive benefits and are aimed to meet the
growing demand from frequent users of the Azamara Club Cruises, Celebrity
Cruises, and Royal Caribbean International brands.

The travel related credit cards were designed keeping in mind consumers' need
for flexibility in using points for travel-related expenses. The recently
unveiled cards provide ample flexibility in point usage and enhanced reward

Card Characteristics

The cards – "MyCruise Rewards" – give cardholders the ability to redeem points
not only with the cruise brand that they choose, but also across the other two
brands in the Royal Caribbean circle.

Additionally, cardholders can earn concessions on cruise-related packages and
redeem points for cruises, stateroom upgrading, specialty gifts, and onboard
credit across Azamara Club Cruises, Celebrity Cruises, and Royal Caribbean
International. Further, the cards offer double points for purchases on all
three cruise lines and one point for every dollar used on making other
purchases. All these benefits come without an annual fee.

Another novelty is that the credit cards provide a points-donation
opportunity. Cardholders will be able to contribute the cash value of their
points to each of the brands' non-profit associates. Celebrity Cruises has
partnered with The Breast Cancer Research Foundation, while Royal Caribbean is
associated with Make-A-Wish Foundation.


By issuing credit cards with better reward rates and additional new features,
BofA is geared to further consolidate its foothold in the market. According to
The Nilson Report, at present, BofA is the third largest credit card issuer by
purchase volume in the United States, trailing JPMorgan Chase & Co.
(NYSE:JPM-Free Report) and American Express Company (NYSE:AXP-Free Report).

Moreover, by offering bonus incentives, the company expects a significant
increase in its deposits to sustain revenues, which was adversely affected by
its plans to charge customers for debit card usage. This particular step by
the company made many of its customers opt out of using its debit cards. The
credit card incentives can hence, be viewed as the company's strategy to win
back customers.

BofA currently carries a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of
the Day pick for free.

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

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

About Zacks is a property of Zacks Investment Research, Inc., which was formed
in 1978. The later formation of the Zacks Rank, a proprietary stock picking
system; 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

Get the full Report on SFUN - FREE

Get the full Report on BAC - FREE

Get the full Report on RCL - FREE

Get the full Report on JPM - FREE

Get the full Report on AXP - FREE

Follow us on Twitter:

Join us on Facebook:

Zacks Investment Research is under common control with affiliated entities
(including a broker-dealer and an investment adviser), which may engage in
transactions involving the foregoing securities for the clients of such

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339

Past performance is no guarantee of future results. Inherent in any investment
is the potential for loss. This material is being provided for informational
purposes only and nothing herein constitutes investment, legal, accounting or
tax advice, or a recommendation to buy, sell or hold a security. No
recommendation or advice is being given as to whether any investment is
suitable for a particular investor. It should not be assumedthat any
investments in securities, companies, sectors or markets identified and
described were or will be profitable. All information is current as of the
date of herein andis subject to change without notice. Any views or opinions
expressed may not reflect those of the firm as a whole. Zacks Investment
Research does not engage in investment banking, market making or asset
management activities of any securities. These returns are from hypothetical
portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced
monthly with zero transaction costs. These are not the returns of actual
portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers
displayed in this press release.

SOURCE Zacks Investment Research, Inc.

Press spacebar to pause and continue. Press esc to stop.