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The Zacks Analyst Blog Highlights: Disney, Adobe, NextEra, Caterpillar and Enbridge

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For Immediate Release

Chicago, IL – February 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: The Walt Disney Company (DIS - Free Report) , Adobe Inc. (ADBE - Free Report) , NextEra Energy, Inc. (NEE - Free Report) , Caterpillar Inc. (CAT - Free Report)  and Enbridge Inc. (ENB - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Disney, Adobe and NextEra

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 Disney, Adobe and NextEra. 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 >>>

Disney shares have been stellar performers lately, benefiting from the growing popularity of Disney+, owing to a strong content portfolio and a cheaper bundle offering as reflected by first-quarter fiscal 2021 results.

Moreover, availability in the Nordics and Latin America will help in further expanding user base. Nevertheless, disruptions caused by the coronavirus outbreak are expected to hurt the top line in the near term. Disneyland parks and cruise line business remained closed in the fiscal first quarter.

Disney estimates that the coronavirus pandemic has hurt segmental operating income by $2.6 billion. Theatrical distribution was hampered as theaters remained closed. Moreover, a leveraged balance sheet remains a headwind.

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

Shares of Adobe have lost -1.7% in the last six months against the Zacks Software industry's gain of +11.4%. This recent underperformance notwithstanding, the Zacks analyst is optimistic about the company's long-term prospects and sees strong demand for its creative products.

The company's Creative Cloud, Document Cloud and Adobe Experience Cloud products are driving the top-line growth. Further, rising subscription revenues and solid momentum across the mobile apps are major positives.

Additionally, growth in emerging markets, robust online video creation demand and improving average revenue per user are tailwinds. However, lower end-market demand and exposure to Europe remain overhangs. High acquisition expenses do not bode well for its margin expansion.

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

NextEra shares have gained +2.2% over the past three months against the Zacks Electric Power industry's fall of -2.4%. The Zacks analyst believes that the company is on course to achieve the long-term growth goal, despite disruptions caused by the pandemic outbreak, through solid execution of organic expansion plans.

The company carried strategic acquisitions and its capital growth projects amid this crisis, and has ample liquidity to meet its current debt obligations. However, its nature of business is subject to complex and comprehensive federal, state, as well as other regulations.

Furthermore, if the planned nuclear plant outages last longer or an unplanned outage occurs, the company's operations and profitability might be hampered.

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

Other noteworthy reports we are featuring today include Caterpillar and Enbridge.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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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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