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The Zacks Analyst Blog Highlights: Netflix, PayPal, IBM, GE and HII

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For Immediate Release

Chicago, IL – October 15, 2020 – 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 Netflix, Inc. (NFLX - Free Report) , PayPal Holdings, Inc. (PYPL - Free Report) , International Business Machines Corporation (IBM - Free Report) , General Electric Company (GE - Free Report) and Huntington Ingalls Industries, Inc. (HII - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Stocks Reports for Netflix, PayPal and IBM

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 Netflix, Inc., PayPal Holdings, Inc. and International Business Machines Corporation. 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 >>>

Netflix shares have outperformed the Zacks Broadcast Radio and Television industry in the year to date period (+71.2% vs. +23.8%). The Zacks analyst believes that Netflix is dominating the streaming space, courtesy of its diversified content portfolio, which is attributable to heavy investments in the production and distribution of localized, foreign-language content. Additionally, launch of low-priced mobile plans in India, Indonesia, Malaysia, Philippines and Thailand is also expected to expand Netflix’s subscriber base in the Asia Pacific.

However, Netflix expects subscriber growth to decline in the second half of 2020 due to less demand. Absence of new seasons of popular shows like Money Heist and Stranger Things is likely to affect subscriber growth.

(You can read the full research report on Netflix here >>>)

PayPal shares have gained +100.5% over the past one-year period against the Zacks Internet - Software industry’s rise of +89.6%. The Zacks analyst believes that PayPal is benefiting from robust growth in total payments volume owing to increasing net new active accounts. Further, strengthening customer engagement on the company’s platform is a major positive. Furthermore, Venmo’s improving monetization efforts and rising adoption rate across various platforms are aiding the total active accounts.

However, increasing credit loss reserves owing to macroeconomic projections on account of coronavirus is a serious matter of concern. Further, intensifying digital payment competition is a risk.

(You can read the full research report on PayPal here >>>)

Shares of IBM have gained +5.4% over the past six months against the Zacks Computer - Integrated Systems industry’s rise of +6.1%. The Zacks analyst believes that IBM is witnessing solid uptake of cloud-based solutions and digital transformation offerings. Moreover, Red Hat buyout is enabling IBM in enhancing containerized software capabilities and strengthening competitive position in the hybrid cloud market. Improving position in the hosted cloud, security and analytics domains bodes well.

However, stiff competition in the cloud computing market from Amazon Web Services, Microsoft Azure, and Oracle Cloud, and high-debt levels remain woes. Additionally, adoption of cognitive applications and transaction processing platforms in May was affected by coronavirus pandemic, which remains a woe.

(You can read the full research report on IBM here >>>)

Other noteworthy reports we are featuring today include General Electric Company and Huntington Ingalls Industries, Inc.

Have You Seen Zacks’ 2020 Election Stock Report?

The upcoming election could be a massive buying opportunity for savvy investors. Trillions of dollars will shift into new market sectors after the election. The question is, which sectors will soar for each candidate? Zacks has put together a new special report to help readers like you target big profits.

The 2020 Election Stock Report reveals specific stocks you’ll want to own immediately after the results are announced – 6 if Trump wins, 6 if Biden wins. Past election reports have led investors to gains of +71%, +83%, even +185% in the following months. This year’s picks could be even more lucrative.

 Check out Zacks’ 2020 Election Stock Report >>

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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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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