Best analyst reports for Alibaba, salesforce.com and Morgan Stanley
Thursday, May 27, 2021
Zacks Research Daily features the best research results from our team of analysts. Today, Research Daily presents new research reports on 16 major stocks, including Alibaba Group Holding Limited (BABA), salesforce.com, inc. (CRM) and Morgan Stanley (MS). These research reports were hand-selected from over 70 reports released today by our team of analysts.
You can see all today’s research reports here >>>
Actions of Ali Baba outperformed the Zacks Internet – Commerce industry in the last one year period (+ 6.2% vs. + 2.8%). Additionally, the Zacks analyst believes that Alibaba company’s fiscal fourth quarter results were driven by strong momentum in its Core Commerce segment. Business growth in China and in international trade remained positive. In addition, its strong New Retail strategy, which is gaining popularity in the market, remains a major asset.
Additionally, strengthening the company’s cloud business with its expanding customer base continues to drive performance. However, the growing competition from domestic and foreign e-commerce companies poses a serious risk. In addition, regulatory concerns and the higher costs associated with new initiatives remain major issues.
Actions of salesforce.com gained + 5.6% in the last three months against Zacks Computer – Software’s software industry gain of + 6.6%, reflecting the recent change in sentiment in ‘growing’ large-cap tech stocks . Zacks analyst, however, believes the company is benefiting from a robust demand environment as customers undergo a major digital transformation. The rapid adoption of its cloud-based solutions is driving demand for its products. Salesforce’s continued focus on introducing products that are more aligned with customer needs is driving its revenue. Another growth driver is the pursuit of contracts won on the international market.
Additionally, Slack’s recent acquisition agreement would position the company as a leader in enterprise team collaboration solutions and better compete with Microsoft’s Teams product. However, fierce competition is a concern. In addition, unfavorable currency fluctuations as well as increasing investments in international expansions and data centers are an overhang on short term profitability.
Actions of Morgan stanley outperformed the Zacks Financial – Investment Bank industry over the last one year period (+ 101.2% vs. + 91.0%). In addition, the company has an impressive history of profit surprises. Company earnings have beaten Zacks’ consensus estimate in each of the past four quarters.
The Zacks analyst believes the acquisitions of Eaton Vance and E * Trade Financial are in line with the company’s efforts to focus less on revenue streams driven by financial markets. These initiatives, along with the growing emphasis on business lending, are likely to continue to support financial services.
While steadily increasing spending, low interest rates and its heavy reliance on income driven by financial markets make Zacks analyst worried, a strong balance sheet position should continue to support financials. In addition, the company’s robust capital deployments reflect a strong liquidity position and will continue to enhance shareholder value.
Other interesting reports we feature today include BP plc (BP), Regeneron Pharmaceuticals, Inc. (REGN) and Ford Motor Company (F).
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Note: Sheraz Mian heads the Zacks Equity Research department and is a recognized expert in Global Profits. He is frequently cited in print and electronic media and publishes the weekly Income trends and Income overview reports. If you would like to receive an email notification every time Sheraz publishes a new article, please click here >>>
TransDigm’s new business opportunities, such as antimicrobial technology, are expected to boost its growth prospects, Zacks analyst said.
The Zacks analyst expects BP’s upstream outlook around the world to generate significant cash flow over the long term.
Ford’s pledge to invest $ 30 billion through 2025 in electric vehicles is expected to boost its electric mobility game. However, a global semiconductor supply crisis could hurt the company’s sales, according to the Zacks analyst.
According to Zacks analyst, efforts to increase omnichannel offerings, mobile apps and leverage the cloud-based point-of-sale platform will likely continue to help Rent-A-Center’s high end .
According to the Zacks analyst, drug label extensions like Eylea and Dupixent and the adoption of Libtayo are fueling Regeneron. Its efforts to develop its pipeline are positive, but the competition for Eylea is worrying.
According to the Zacks analyst, Equity Residential is likely to benefit from improving rental demand and occupancy levels, although high supply, pressure on rental rates and concessions may partly hamper the pace of the growth.
According to the Zacks analyst, Toll Brothers should benefit from strong fundamentals in the real estate market, geographic expansions and rising orders. Yet rising costs for land, labor and materials have hurt.
Zacks analyst is optimistic about Intuitive Surgical’s solid growth in da Vinci procedure volumes in recent months. The improvement in international sales is also stimulating optimism.
According to analyst Zacks, increased card sales volume, supported by alliances and partnerships, boosted its performance. However, rising expenses remain a concern for the company.
According to the Zacks analyst, Cambium is poised to benefit from strong demand for its point-to-multipoint, point-to-point and enterprise Wi-Fi solutions, as well as acceptance of its new products.
According to the Zacks analyst, Ultragenyx faced several pipeline setbacks in 2020, which does not bode well. Such setbacks could lead to higher operating expenses and the need for additional capital.
Zacks analyst is worried about the depreciation of the Brazilian real against the US dollar. In addition, despite the recent improvement, passenger revenues are well below 2019 levels.
According to the Zacks analyst, declining contributions from the company’s top five customers and the complexity of a large customer program are concerns for Dycom.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.