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Critical Stock Analysis: Pfizer, Barrick Gold Corporation, Micron Technology, Wells Fargo, Zynga

Critical Stock Analysis: Pfizer, Barrick Gold Corporation, Micron Technology,
                              Wells Fargo, Zynga

PR Newswire

NEW YORK, November 1, 2013

NEW YORK, November 1, 2013 /PRNewswire/ --

Market Buzz Report, an investment community, reports Critical Insider
Catalysts For Pfizer Inc. (NYSE: PFE), Barrick Gold Corporation (NYSE: ABX ),
Micron Technology, Inc. (NASDAQ: MU), Wells Fargo & Co(NYSE: WFC), Zynga Inc
(NASDAQ: ZNGA).

Pfizer Inc. (NYSE: PFE) came out with better-than-expected quarter three
earnings due to cost cutting and increasing sales of cancer medicines which
were approved in the last two years. The largest U.S. drugmaker's shares
surged by1.7 percent with earnings of $2.59 billion vis-à-vis $3.21 billion in
last year's quarter.

Except for special charges of $572 million pertaining to asset writedown,
restructurings and other costs, the company earned 58 cents per share whereas
analysts had anticipated 56 cents per share.

Is PFE Going To Hit New Highs Soon? Get Free Trend Analysis Here
http://marketbuzzreport.com/index.php?code=PFE (Or Copy and paste the URL into
your browser)

Herman Saftlas, an analyst with S&P Capital increased the 12-month price
target $35 stating the firm would be come out with data about trials in the
next few months and there are some promising experimental drugs. The good part
about the company's earnings report was about the oncology drugs, which surged
by 24 percent to $407 million.

Oncology is now one of the biggest priorities for Pfizer with introduction of
Xalkori for lung cancer in 2011 and Inlyta for kidney cancer in 2012 as well
as Bosulif in the current year for chronic myelogenous leukemia.

The firm is hoping that these products become lucrative and is developing
cancer medicines having better potential including experimental treatment for
advanced breast cancer.

Barrick Gold Corporation (NYSE: ABX ) has announced dividend of 5 cents per
share for the quarter payable in December 16, 2013. Barrick wants to be the
best gold company by having operations in a safe and responsible manner.

Is ABX a Strong Buy After The Slump? Don't Miss This Special Analysts Here
http://marketbuzzreport.com/index.php?code=ABX (Or Copy and paste the URL
into your browser)

The dividend declaration depends on Board of Directors and would depend on the
firm's financial results, future prospects as well as cash requirements.

Bernstein Research, Jefferies and TheStreet have raised ratings for
semiconductor company Micron Technology, Inc.(NASDAQ:MU) whereas Wells Fargo
has downgraded shares. The company shares have surged by 1.7% to $17.12.

Bernstein Research analyst Mark Newman gave "outperform" rating and increased
the price target to $24. Newman stated that recovering dynamic random-access
memory (DRAM) production and the acquisition of Elpida are reasons for the
positive outlook.

Is MU The Best Pick In The Sector? Get Special Comparative Analysis Here
http://marketbuzzreport.com/index.php?code=MU (Or Copy and paste the URL into
your browser)

Jeffries & Co analyst Sundeep Bajikar has given "buy" rating with price target
of $30. Wells Fargo states that there has been a volatile past and there is
high-risk future which makes it an unattractive asset.

Wells Fargo & Co (NYSE: WFC)'s loan book is doing better than any other firm.
It is even better vis-à-vis previous year thanks to factors such as tougher
loan standards as well as higher house prices.

What Factors Should Investors Consider Before Buying WFC? Find Out Here
http://marketbuzzreport.com/index.php?code=WFC(Or Copy and paste the URL
into your browser)

The company came out with lowest quarterly loan loss rate in the last nine
years. Lower losses made it possible to set aside funds for covering bad loans
increasing profits by $600 million after taxes.

The improvement can be attributed to the 2009 move for tightening underwriting
standards for consumer loans such as stringent requirements for verification
of prospective homeowners' income. CFO Tim Sloan confirmed that residential
real estate loans have not had any losses.

Another reason was that post-crisis loans made up a huge share of the firm's
portfolio. About half of commercial loans as well as 45 percent of consumer
loans by third quarter end were done after the financial crisis.

The bank is not the only one to take advantage of the fact that consumers are
paying their bills. Even Bank of America's total loss rate declined to 0.73
percent in quarter three.

Wells Fargo chief risk officer Mike Loughlin had earlier stated that he
expected loss rates to be about 1 percent through the credit cycle.

Zynga Inc (NASDAQ: ZNGA) came out with first quarter results under Chief
Executive Officer Don Mattrick which had less losses as purchase of items
utilized in games was better than the forecast.

The loss was 2 cents a share for the maker of "Farmville" whereas analysts had
forecasted loss of 4 cents. On the other hand, its revenue plummeted to $202.6
million vis-à-vis $316.6 million a year ago. 

Has ZNGA Found The Turn Around Story and Ready to Hit New Highs? Get Free
Trend Analysis Here http://marketbuzzreport.com/index.php?code=ZNGA(Or Copy
and paste the URL into your browser)

The firm cut 154 jobs during this quarter and lowered work with outside
contractors for keeping expenses in check with shrinking revenue.

Mattrick was named chief executive officer in July and confirmed that
executive Clive Downie would be the chief operating officer from Nov. 4.

Zynga's average monthly mobile users were 51 million by September end
vis-à-vis 57 million three months earlier. Mattrick opined that it would take
some time for identifying best mobile opportunities.

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