The Zacks Analyst Blog Highlights: Alibaba, Lowe's, American Express, Boeing and Moderna
The Zacks Analyst Blog Highlights: Alibaba, Lowe's, American Express, Boeing and Moderna
For Immediate Release
Chicago, IL – November 23, 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: Alibaba Group Holding Ltd. BABA, Lowe's Companies, Inc. LOW, American Express Company AXP, The Boeing Company BA and Moderna, Inc. MRNA.
Here are highlights from Monday’s Analyst Blog:
Top Analyst Reports for Alibaba, Lowe's and American Express
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 Alibaba, Lowe's and American Express. 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 Alibaba have underperformed the Zacks Internet Commerce industry over the past year (-48% vs. -31.5%). Strict business laws in China, lower mobile monetization, stiff competition from other players in the industry and integration risks are some of the major headwinds for BABA.
The Zacks analyst, however, believes that Alibaba has been benefiting from solid momentum across the Core Commerce segment as well as its robust New Retail strategy, which is gaining strong traction in the market. This is aiding growth in Tmall Import, Freshippo and Intime Department Stores. Alibaba’s strengthening cloud business on the back of its expanding customer base also continues to drive its performance.
(You can read the full research report on Alibaba here >>>)
Lowe's shares have gained +57.6% in the year to date period against the Zacks Building Products - Retail industry’s gain of +50.6%. The Zacks analyst believes that Lowe’s remains poised to benefit from demand for the home improvement market backed by investments in technology, merchandise category and strength in Pro business.
Lowe's second-quarter fiscal 2021 results benefited from the strong execution of strategies to meet broad-based demand. LOW’s new total home strategy that includes providing complete solutions for various types of home repair and improvement needs bodes well. The strategy is an extension of Lowe's retail-fundamentals approach.
(You can read the full research report on Lowe's here >>>)
Shares of American Express have gained +10% in the past six months against the Zacks Financial Miscellaneous Services industry’s gain of +8.4%. The Zacks analyst believes that improving revenues, increased T&E spending, strong balance sheet and a solid capital position are some of the major tailwinds.
Consumer spending on travel and entertainment, which carry higher margins for American Express, has been advancing well. With increasing use of its cards, however, expenses in the form of card member services and card member rewards are likely to go up. Marketing and business development expenses are also expected to rise.
(You can read the full research report on American Express here >>>)
Other noteworthy reports we are featuring today include Boeing and Moderna.
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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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The Boeing Company (BA): Free Stock Analysis Report
American Express Company (AXP): Free Stock Analysis Report
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Moderna, Inc. (MRNA): Free Stock Analysis Report
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
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