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The Zacks Analyst Blog Highlights: Visa, Procter & Gamble, Coca-Cola, Wells Fargo & Company and NVIDIA

Zacks Equity Research

For Immediate Release

Chicago, IL – October 1, 2019 – 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: Visa Inc. V, The Procter & Gamble Company PG, The Coca-Cola Company KO, Wells Fargo & Company WFC and NVIDIA Corporation NVDA.

Here are highlights from Monday’s Analyst Blog:

Top Research Reports for Visa, Procter & Gamble 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 Visa Inc., The Procter & Gamble Company and The Coca-Cola Company. 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 >>>

Visa’s shares have outperformed the Zacks Financial Transaction Services industry over the past one-year period (+15.4% vs. +12.5%). The Zacks analyst believes that numerous acquisitions and alliances plus technology upgrades and effective marketing have paved the way for long-term growth and consistent increase in revenues.

Notably, the acquisition of Visa Europe is a long-term growth strategy for the company. Its international business has been expanding and adds diversification benefits. Its strong capital position is another positive.

However, high client incentives and expenses weigh on its operating margin. Also, adverse foreign exchange volatility imparts instability to the company’s earnings.

Shares of Procter & Gamble have gained 48.9% in the past one-year, outperforming the Zacks Soap and Cleaning Materials industry’s rise of 27.5%. The Zacks analyst believes that the company’s earnings is benefitting from its ongoing productivity efforts, while strong organic sales growth backed by higher shipment volumes and favorable price/mix boosted the top line.

The company also provided upbeat guidance for fiscal 2020. It is gaining from focus on product improvement, packaging and marketing initiatives, and productivity and cost-savings plan.

However, adverse foreign currency rates are hurting the company’s top and bottom lines. Moreover, global economic challenges and stiff competition poses concern.

Coca-Cola’s shares have gained 17.4% over the past one-year period, outperforming the Zacks Beverages - Soft Drinks industry’s rise of 11.4% over the same period. The Zacks analyst believes that Coca-Cola has done exceedingly well in the past year, owing to the execution of strategies to evolve as a consumer-centric total beverage company.

Ongoing productivity efforts and disciplined growth strategies as well as robust performance across segments are aiding its top and bottom lines. Its global re-franchising initiatives are also expected to boost margins.

However, it expects adverse currency rates to significantly mar comparable revenues and operating income in the third quarter and 2019.

Other noteworthy reports we are featuring today include Wells Fargo & Company and NVIDIA Corporation.

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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/performancefor information about the performance numbers displayed in this press release.