The Zacks Analyst Blog Highlights Berkshire Hathaway, Airbnb, Dominion Energy, Ford Motor and Ecolab
For Immediate Release
Chicago, IL – August 22, 2022 – 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: Berkshire Hathaway Inc. (BRK.B), Airbnb, Inc. ABNB, Dominion Energy, Inc. D, Ford Motor Co. F and Ecolab Inc. ECL.
Here are highlights from Friday’s Analyst Blog:
Top Research Reports for Berkshire Hathaway, Airbnb and Dominion Energy
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 Berkshire Hathaway Inc., Airbnb, Inc. and Dominion Energy, Inc. 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 >>>
Berkshire Hathaway shares have outperformed the Zacks Insurance - Property and Casualty industry over the past year (+5.2% vs. -0.7%). The company is one of the largest property and casualty insurance companies measured by premium volume. Berkshire's inorganic growth story remains impressive with strategic acquisitions.
A strong cash position supports earnings-accretive bolt-on buyouts and indicates the company's financial flexibility. Continued insurance business growth fuels increase in float, drive earnings and generates maximum return on equity. 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 Berkshire. Huge capital expenditure remains a headwind for the company.
(You can read the full research report on Berkshire Hathaway here >>>)
Airbnb shares have declined -18.8% over the past year against the Zacks Internet - Content industry's decline of -32.8%. The company ceased domestic operations in China in the reported quarter. This induced a weak performance in the Asia Pacific region. Further, uncertainties related to the ongoing coronavirus pandemic and rising competition in the online travel booking market remain major concerns.
However, Airbnb reported strong second quarter results, wherein revenues and earnings grew year over year. The top-line was driven by improvement in Nights & Experiences Booked in North America, EMEA and Latin America.
Further, increasing guest demand for non-urban nights drove active listings for non-urban destinations. Continuous recovery in both longer-distance and cross-border travel owing to a reduction in travel restrictions is continuously driving the top-line growth.
(You can read the full research report on Airbnb here >>>)
Dominion Energy shares have outperformed the Zacks Utility - Electric Power industry over the year-to-date basis (+10.7% vs. +8.0%). The company's planned investment will strengthen its electric and natural gas infrastructure and ensure high-quality services for customers. Contribution from organic as well as inorganic assets will boost its earnings.
The divestiture of Gas Transmission & Storage operations will increase Dominion's focus on regulated operations. New clean energy projects will help it achieve carbon neutrality by 2050.
However, Dominion's decision to discontinue the Atlantic Coast Pipeline after investing billions of dollars will impact long-term prospects. Risks of operating nuclear power plants and any failure by third-party producers to supply gas could impact profitability.
(You can read the full research report on Dominion Energy here >>>)
Other noteworthy reports we are featuring today include Ford Motor Co. and Ecolab Inc.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared+40.3%, +48.2%, +67.6%, +94.4%, and+95.3%. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
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.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Ford Motor Company (F) : Free Stock Analysis Report
Ecolab Inc. (ECL) : Free Stock Analysis Report
Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report
Dominion Energy Inc. (D) : Free Stock Analysis Report
Airbnb, Inc. (ABNB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
