For Immediate Release
Chicago, IL – October 22, 2020 – 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: Alibaba Group Holding Limited BABA, Berkshire Hathaway Inc. BRK.B, The Coca-Cola Company KO, Medtronic plc MDT and Fiserv, Inc. FISV.
Here are highlights from Wednesday’s Analyst Blog:
Top Research Reports for Alibaba, Berkshire Hathaway and Coca-Cola
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alibaba, Berkshire Hathaway and Coca-Cola. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Alibaba shares have underperformed the Zacks Internet Commerce industry in the year-to-date period (+46% vs. +63.2%) on the back of continued momentum in the company's growth profile in its home market that appears to have weathered the pandemic a lot better than many other parts of the world.
Further, Alibaba’s strengthening cloud business with its expanding customer base continues to drive its performance. Its New Retail strategy is also gaining momentum. This is aiding growth in Tmall Import, Hema fresh food grocery business and Intime Department Stores.
However, higher costs associated with new initiatives remain a major concern. Also, COVID-19 related economic uncertainties and macro headwinds in China are major concerns. In addition, rising competition from e-commerce players poses a risk.
(You can read the full research report on Alibaba here >>>)
Shares of Berkshire Hathaway have lost -0.3% over the past year against the Zacks Insurance - Property and Casualty industry’s fall of -4.7%. The Zacks analyst believes that Berkshire Hathaway is expected to benefit from its growing Insurance business as well as Manufacturing, Service and Retailing, and Finance and Financial Products segments and strategic acquisitions.
Berkshire's inorganic growth story remains impressive with strategic acquisitions. A strong cash position supports earnings-accretive bolt-on buyouts and indicates its financial flexibility. The non-insurance businesses are delivering improved results with increased revenues over the past few years.
A sturdy capital level provides further impetus. However, exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of the company. Also, huge capital expenditure remains a headwind.
(You can read the full research report on Berkshire Hathaway here >>>)
Coca-Cola shares have gained +9.5% over the past six months against the Zacks Soft Drinks Beverages industry’s rise of +8.3%. The Zacks analyst believes that Coca-Cola’s move to accelerate digital expansion would provide an avenue for sustainable long-term growth.
It is poised to gain from the streamlining of portfolio by exiting of Zombie brands that will help divert resources toward brands with more growth potential. It is also accelerating investments to expand presence in digital channel driven by shift in consumer preference amid coronavirus.
The company’s top line missed estimate on declines in away-from-home channels, which account for nearly half of its revenues. It also lost global value share in NARTD beverages driven by negative channel mix owing to softness in the away-from-home channel.
(You can read the full research report on Coca-Cola here >>>)
Other noteworthy reports we are featuring today include Medtronic and Fiserv.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Zacks Investment Research
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Medtronic PLC (MDT) : Free Stock Analysis Report
Fiserv, Inc. (FISV) : Free Stock Analysis Report
Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report
CocaCola Company The (KO) : Free Stock Analysis Report
Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report
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