The Zacks Analyst Blog Highlights: Mastercard, Netflix, Qualcomm, Target and Uber
For Immediate Release
Chicago, IL – June 15, 2021 – 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: Mastercard Incorporated MA, Netflix, Inc. NFLX, Qualcomm Incorporated QCOM, Target Corporation TGT and Uber Technologies, Inc. UBER.
Here are highlights from Monday’s Analyst Blog:
Top Stock Reports for Mastercard, Netflix and Qualcomm
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 Mastercard, Netflix, and Qualcomm. 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 >>>
Shares of Mastercard have outperformed the Zacks Financial Transaction Services industry in the year-to-date period (+2.6% vs. +1.3%). The Zacks analyst believes that the company has benefited from several acquisitions that it executed. This has also helped it expand its addressable markets, drive new revenue streams and strengthen core product solutions.
The pandemic has accelerated the use of electronic forms of payment and has also led to greater adoption of digital and contactless solutions. This provides an opportunity for the company’s business to expedite the shift to digital forms of payment. However, steep costs might stress its margins. Its cross-border volumes will also remain suppressed due to COVID-led restrictions on travel and entertainment.
(You can read the full research report on Mastercard here >>>)
Netflix’s shares have lost -6% over the last six months against the Zacks Broadcast Radio and Television industry’s gain of +10.5%. The Zacks analyst, however, believes that Netflix is dominating the streaming space, on the back of heavy investments in the production and distribution of localized, foreign-language content.
Also, the launch of low-priced mobile plans is likely to expand Netflix’s subscriber base in Asia Pacific. However, weak content slate and delayed production due to the pandemic is expected to hurt Netflix’s prospects in the second quarter of 2021. Further, rising competition from Apple, Amazon, HBO Max, Disney+ and Peacock is a major headwind.
(You can read the full research report on Netflix here >>>)
Shares of Qualcomm have gained +4.5% in the past three months against the Zacks Wireless Equipment industry’s gain of +2.8%. The Zacks analyst believes that Qualcomm is benefiting from robust demand for smartphones globally and its ability to increase the scale of non-handset revenues.
With more than 700 5G designs, it is well positioned to gain solid 5G traction with greater long-term visibility. Also, the $1.4 billion NUVIA buyout is likely to boost Qualcomm’s position in the global 5G chipset arena. However, stiff competition from low-cost chip manufacturers remains a concern. Its margins have also declined due to high research and development expenses.
(You can read the full research report on QUALCOMM here >>>)
Other noteworthy reports we are featuring today include Target and Uber.
Bitcoin, Like the Internet Itself, Could Change Everything
Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.
Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 3 crypto-related stocks now >>
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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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QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report
Mastercard Incorporated (MA) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
Target Corporation (TGT) : Free Stock Analysis Report
Uber Technologies, Inc. (UBER) : Free Stock Analysis Report
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