We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Walmart, Home Depot, CVS Health and Booking Holdings
Read MoreHide Full Article
For Immediate Release
Chicago, IL – February 22, 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: Berkshire Hathaway Inc. (BRK.B - Free Report) , Walmart Inc. (WMT - Free Report) , The Home Depot, Inc. (HD - Free Report) , CVS Health Corporation (CVS - Free Report) and Booking Holdings Inc. (BKNG - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Research Reports for Berkshire Hathaway, Walmart and Home Depot
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 Berkshire Hathaway, Walmart and Home Depot. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Berkshire Hathaway shares have outperformed the Zacks Insurance - Property and Casualty industry in the year to date period (+5.1% vs. +4.5%). The Zacks analyst believes that continued insurance business growth fuels increase in float, drives earnings and generates maximum return on equity.
The non-insurance businesses are delivering improved results with increased revenues over the past few years. A sturdy capital level provides further impetus. Furthermore, a strong cash position supports earnings-accretive bolt-on buyouts and indicates the company's financial flexibility.
However, exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of Berkshire. Huge capital expenditure remains a headwind for the company.
Shares of Walmart have gained +5.4% in the last six months against the Zacks Supermarkets industry’s gain of +5.1%. The Zacks analyst believes that the company has been benefiting from a high pandemic-led demand, especially in the e-commerce channel that remained strong in all units.
However, the stock took a hit following the company’s fourth-quarter fiscal 2021 results, wherein earnings missed the Zacks Consensus Estimate. During the quarter, high COVID-19 costs and repayment of property tax relief in the U.K. hurt the adjusted operating income.
Additionally, management’s fiscal 2022 view suggests a decline in net sales and earnings per share, mainly due to divestitures. Nonetheless, earnings and sales grew year over year in the quarter, with U.S. comp sales rising for the 26th straight time.
Home Depot’s shares have gained +4.9% over the past three months against the Zacks Retail Building Products industry’s rise of +8%. The Zacks analyst believes that interconnected retail strategy and underlying technology infrastructure have helped boost web traffic in the recent past.
The company also gained from strong growth in its Pro and DIY customer categories. During the third-quarter fiscal 2020, the company witnessed continued strong demand for home improvement projects as customers spent more time at home during the coronavirus pandemic.
It is effectively adapting to the high-demand environment, driven by investments in its business over the years. However, soft margins have partly weighed on the company’s results.
Other noteworthy reports we are featuring today include CVS Health and Booking.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Walmart, Home Depot, CVS Health and Booking Holdings
For Immediate Release
Chicago, IL – February 22, 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: Berkshire Hathaway Inc. (BRK.B - Free Report) , Walmart Inc. (WMT - Free Report) , The Home Depot, Inc. (HD - Free Report) , CVS Health Corporation (CVS - Free Report) and Booking Holdings Inc. (BKNG - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Research Reports for Berkshire Hathaway, Walmart and Home Depot
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 Berkshire Hathaway, Walmart and Home Depot. 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 >>>
Berkshire Hathaway shares have outperformed the Zacks Insurance - Property and Casualty industry in the year to date period (+5.1% vs. +4.5%). The Zacks analyst believes that continued insurance business growth fuels increase in float, drives earnings and generates maximum return on equity.
The non-insurance businesses are delivering improved results with increased revenues over the past few years. A sturdy capital level provides further impetus. Furthermore, a strong cash position supports earnings-accretive bolt-on buyouts and indicates the company's financial flexibility.
However, exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of Berkshire. Huge capital expenditure remains a headwind for the company.
(You can read the full research report on Berkshire Hathaway here >>>)
Shares of Walmart have gained +5.4% in the last six months against the Zacks Supermarkets industry’s gain of +5.1%. The Zacks analyst believes that the company has been benefiting from a high pandemic-led demand, especially in the e-commerce channel that remained strong in all units.
However, the stock took a hit following the company’s fourth-quarter fiscal 2021 results, wherein earnings missed the Zacks Consensus Estimate. During the quarter, high COVID-19 costs and repayment of property tax relief in the U.K. hurt the adjusted operating income.
Additionally, management’s fiscal 2022 view suggests a decline in net sales and earnings per share, mainly due to divestitures. Nonetheless, earnings and sales grew year over year in the quarter, with U.S. comp sales rising for the 26th straight time.
(You can read the full research report on Walmart here >>>)
Home Depot’s shares have gained +4.9% over the past three months against the Zacks Retail Building Products industry’s rise of +8%. The Zacks analyst believes that interconnected retail strategy and underlying technology infrastructure have helped boost web traffic in the recent past.
The company also gained from strong growth in its Pro and DIY customer categories. During the third-quarter fiscal 2020, the company witnessed continued strong demand for home improvement projects as customers spent more time at home during the coronavirus pandemic.
It is effectively adapting to the high-demand environment, driven by investments in its business over the years. However, soft margins have partly weighed on the company’s results.
(You can read the full research report on Home Depot here >>>)
Other noteworthy reports we are featuring today include CVS Health and Booking.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
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.