Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights: Facebook, Cisco Systems, Chevron, Mondelez International and Walgreens Boots Alliance

Read MoreHide Full Article

For Immediate Release

Chicago, IL – April 26, 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: Facebook, Inc. , Cisco Systems, Inc. (CSCO - Free Report) , Chevron Corporation (CVX - Free Report) , Mondelez International, Inc. (MDLZ - Free Report) and Walgreens Boots Alliance, Inc. (WBA - Free Report) .

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for Facebook, Cisco and Chevron

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 Facebook, Cisco Systems, and Chevron. 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 Facebook have underperformed the S&P 500 in the last one-year period (+57.1% vs. +66%). The Zacks analyst believes Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.

Increased engagement for its products like Instagram, WhatsApp and Messenger is another major growth driver. Meanwhile, advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.

Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, the company expects changes made by Apple in its iOS 14 platform to limit the latter's ability to track user-activity trend.

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

Cisco's shares have gained +37.5% over the last six months against the Zacks Computer Networking industry's gain of +36%. The Zacks analyst believes that Cisco is well-positioned to benefit from robust adoption of identity and access, advanced threat and unified threat management security solutions amid high growth in Internet traffic.

Moreover, strong demand for Catalyst 9000 family of switches amid expected increase in enterprise IT spending, and recovery across Europe, Middle East and Africa (EMEA), is encouraging.

Nonetheless, weakness in the enterprise end markets and coronavirus crisis-led supply chain constraints, is likely to weigh on revenues, at least in the near term. Further, weak demand for servers, remains a major concern.

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

Shares of Chevron have gained +11.8% in the past three months against the Zacks Integrated Oil industry's gain of +8.2%. The Zacks analyst believes that despite struggling with depressed demand stemming from the coronavirus pandemic, it has reiterated its commitment to its dividend on a number of occasions.

Meanwhile, Chevron's existing project pipeline is among the best in the industry, thanks to its premier position in the lucrative Permian Basin. Its Noble Energy takeover has expanded its footprint in the region and the DJ Basin along with the addition of cash-generating offshore assets in Israel.

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

Other noteworthy reports we are featuring today include Mondelez International and Walgreens Boots Alliance.

Zacks Top 10 Stocks for 2021

In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?

Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys.

Access Zacks Top 10 Stocks for 2021 today >>

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.

Published in