U.S. Markets open in 8 hrs 50 mins
  • S&P Futures

    4,293.50
    -4.75 (-0.11%)
     
  • Dow Futures

    33,870.00
    -3.00 (-0.01%)
     
  • Nasdaq Futures

    13,665.75
    -15.50 (-0.11%)
     
  • Russell 2000 Futures

    2,023.00
    -0.80 (-0.04%)
     
  • Crude Oil

    88.83
    -0.58 (-0.65%)
     
  • Gold

    1,796.10
    -2.00 (-0.11%)
     
  • Silver

    20.19
    -0.08 (-0.38%)
     
  • EUR/USD

    1.0163
    -0.0002 (-0.0203%)
     
  • 10-Yr Bond

    2.7910
    0.0000 (0.00%)
     
  • Vix

    19.95
    +0.42 (+2.15%)
     
  • GBP/USD

    1.2050
    -0.0008 (-0.0687%)
     
  • USD/JPY

    133.4340
    +0.1620 (+0.1216%)
     
  • BTC-USD

    24,011.62
    -811.19 (-3.27%)
     
  • CMC Crypto 200

    568.75
    -22.01 (-3.73%)
     
  • FTSE 100

    7,509.15
    +8.26 (+0.11%)
     
  • Nikkei 225

    28,855.97
    -15.81 (-0.05%)
     

The Zacks Analyst Blog Highlights Citigroup, Prologis, Automatic Data Processing, Keurig Dr Pepper and CrowdStrike Holdings

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·4 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

For Immediate Release

Chicago, IL – June 8, 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: Citigroup Inc. C, Prologis, Inc. PLD, Automatic Data Processing, Inc. ADP, Keurig Dr Pepper Inc. KDP and CrowdStrike Holdings, Inc. CRWD

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Citigroup, Prologis and ADP

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 Citigroup Inc., Prologis, Inc. and Automatic Data Processing, 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 >>>

Citigroup shares have declined -13.6% over the year-to-date basis against the Zacks Banks - Major Regional industry's decline of -13.1%, reflecting the numerous investigations and lawsuits along with uncertainty around the new management team's turnaround plans.

However, the company is advancing with its strategy to exit the consumer banking business in 14 international markets, Citigroup completed the sale of its Australian consumer business to National Australia Bank Limited ("NAB"). It targets a return on average tangible common shareholder equity (RoTCE) of 11-12% for the next three to five years. Moreover, net interest income growth, decent liquidity and capital deployment plans are positives.

(You can read the full research report Citigroup here >>>)

Prologis shares have outperformed the Zacks REIT and Equity Trust - Other industry over the past year (+4.6% vs. -2.8%). The Zacks analyst believes that the company has the capacity to offer high-quality facilities in key markets and with its robust balance-sheet strength, it is well-poised to bank on the favorable trends in the industrial real estate industry. Along with the fast adoption of e-commerce, this asset category is poised to gain from a likely rise in inventory levels.

However, the rising supply of industrial real estate in several markets might fuel competition and curb pricing power. Also, the stabilization of e-commerce sales growth is a concern for rental rate growth.

(You can read the full research report Prologis here >>>)

ADP shares have outperformed the Zacks Outsourcing industry over the past year (+11.7% vs. +10.5%). The Zacks analyst believes that the company continues to enjoy a dominant position in the human capital management market through strategic buyouts like Celergo, WorkMarket, Global Cash Card and The Marcus Buckingham Company. It has a strong business model, high recurring revenues, good margins, robust client retention and low capital expenditure. Further, it continues to innovate, improve operations and invest in its ongoing transformation efforts.

However, ADP faces significant competition in each of its product lines. Failure to remain technologically updated might reduce the demand for its solutions and services. Rising expenses due to investment in transformation efforts remains a concern. High debt remains a concern.

(You can read the full research report ADP here >>>)

Other noteworthy reports we are featuring today include Keurig Dr Pepper Inc. and CrowdStrike Holdings, 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
 
Citigroup Inc. (C) : Free Stock Analysis Report
 
Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report
 
Prologis, Inc. (PLD) : Free Stock Analysis Report
 
Keurig Dr Pepper, Inc (KDP) : Free Stock Analysis Report
 
CrowdStrike (CRWD) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research