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The Zacks Analyst Blog Highlights: Apple, Adobe, Anheuser-Busch, Tesla and General Mills

Zacks Equity Research
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For Immediate Release

Chicago, IL – November 22, 2017 – 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 Apple AAPL, Adobe ADBE, Anheuser-Busch BUD, Tesla TSLA and General Mills GIS.

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

Here are highlights from Tuesday’s Analyst Blog:

Top Analyst Reports for Apple, Adobe and Anheuser Busch

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 Apple, Adobe and Anheuser-Busch. 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 >>>

Apple’s shares are up +46.7% in the year-to-date period, handily outperforming the S&P 500 (up +15.7%) and the Zacks Technology sector (up +27.3%). Apple reported spectacular fourth quarter fiscal 2017 results with both top and bottom lines beating expectations. Steady iPhone sales, spurt in Services segment and a resurgent Macs and iPad business backed the impressive results.

Business in China saw massive reacceleration driven by iPhone, Services and Mac sales. In India revenues grew twofold. The company also gave a very encouraging outlook for the current quarter, which includes the holiday season, given the anticipation of strong performance by its latest smartphone, iPhone X.

Going forward, the Zacks analyst thinks foray into fast-growing technologies like automobile, AI & AR/VR are long-term drivers. But the new iPhone X at $999 is quite pricey, particularly for cost-sensitive markets like India. Intensifying competition from cheaper Chinese handset-makers cannot be ignored.

(You can read the full research report on Apple here >>>).

Shares of Adobe have gained +77.1% year to date, outperforming the Zacks Software industry which has increased +35.7% over the same period. The company’s fiscal third quarter earnings exceeded expectations backed by demand for the company’s Creative Cloud software tools.

The Zacks analyst likes Adobe’s market position, compelling product lines, continued innovation, solid adoption of Creative Cloud and Adobe marketing cloud.  Also, its acquisition of TubeMogul will help the company to build its position in the expanding Digital Marketing space. However, end-market recovery appears slow, which remains a matter of concern.

(You can read the full research report on Adobe here >>>).

Anheuser-Busch’s shares have underperformed the Zacks Alcoholic Beverages industry so far this year (+9.6% vs. +20.3%), largely due to the company’s dismal earnings history. The company’s last reported quarter marked its seventh straight earnings miss, while revenues missed expectations for the second consecutive quarter.

However, the Zacks analyst likes Anheuser-Busch’s robust brand portfolio and solid geographical reach. The company keeps introducing near beer alternatives, along with no- and low-alcohol beers to resonate with changing consumer demand. Anheuser-Busch is also likely to benefit from its constant expansion in the craft beer space, given the rising demand for this beer category.

Furthermore, SABMiller’s buyout has helped it gain a dominant share in the global beer market. However, it continues to anticipate increased cost of sales, owing to lingering currency woes and growth of premium brands. Also, volatility in some of key regions remains a threat.

(You can read the full research report on Anheuser-Busch here >>>).

Other noteworthy reports we are featuring today include Tesla and General Mills.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock 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 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.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

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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 assumed that 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 and is 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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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Tesla Inc. (TSLA) : Free Stock Analysis Report
 
Anheuser-Busch Inbev SA (BUD) : Free Stock Analysis Report
 
Apple Inc. (AAPL) : Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE) : Free Stock Analysis Report
 
General Mills, Inc. (GIS) : Free Stock Analysis Report
 
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