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The Zacks Analyst Blog Highlights: Chevron, Accenture, Anheuser-Busch InBev, VMware and Barclays
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For Immediate Release
Chicago, IL – June 17, 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: Chevron Corporation (CVX - Free Report) , Accenture plc (ACN - Free Report) , Anheuser-Busch InBev SA/NV (BUD - Free Report) , VMware, Inc. and Barclays PLC (BCS - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Chevron, Accenture and Anheuser-Busch
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 Chevron, Accenture, and Anheuser-Busch InBev. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Chevron shares have modestly underperformed the Zacks Integrated Oil industry in the year-to-date period (+33.7% vs. +36.2%), but the company remains well positioned in the oil patch following the Noble Energy takeover that has expanded its footprint in the DJ Basin and the Permian Basin along with the addition of cash-generating offshore assets in Israel.
However, the oil supermajor was not immune to last year’s commodity price crash, forcing it to reduce capital spending as well as suspend buybacks. Also, Chevron’s high oil price sensitivity remains a major concern. Moreover, the company’s reserve replacement ratio of 74% sheds light on its inability to add reserves to replace the amount of oil and gas produced.
Accenture shares have gained +8.7% over the last six months against the Zacks Consulting industry’s gain of +11.8%. The Zacks analyst believes that the company has been steadily gaining traction in its outsourcing and consulting businesses.
Strategic enhancement of its cloud and digital marketing suite through acquisitions and partnerships bodes well for Accenture. However, pricing pressure due to significant competition from the likes of Genpact, Cognizant and Infosys remain a major concern. Furthermore, global presence exposes it to foreign currency exchange rate fluctuations.
Shares of Anheuser-Busch have gained +25.2% in the past three months against the Zacks Alcoholic Beverages industry’s gain of +15.5%. The Zacks analyst believes that the company’s unique commercial strategy, strong brand portfolio, investments in digital platform and operation excellence has led to market share growth across the key markets.
Further, AB InBev remains keen on making the most of the investments it has made over the years as well as rapidly growing its digital platform, including BEES and Ze Delivery. Moreover, its premium portfolio reported revenue growth of 28% in the first quarter of 2021, representing more than 30% of its total revenues.
Other noteworthy reports we are featuring today include VMware and Barclays.
Zacks' Top Picks to Cash in on Artificial Intelligence
In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.
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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The Zacks Analyst Blog Highlights: Chevron, Accenture, Anheuser-Busch InBev, VMware and Barclays
For Immediate Release
Chicago, IL – June 17, 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: Chevron Corporation (CVX - Free Report) , Accenture plc (ACN - Free Report) , Anheuser-Busch InBev SA/NV (BUD - Free Report) , VMware, Inc. and Barclays PLC (BCS - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Chevron, Accenture and Anheuser-Busch
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 Chevron, Accenture, and Anheuser-Busch InBev. 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 >>>
Chevron shares have modestly underperformed the Zacks Integrated Oil industry in the year-to-date period (+33.7% vs. +36.2%), but the company remains well positioned in the oil patch following the Noble Energy takeover that has expanded its footprint in the DJ Basin and the Permian Basin along with the addition of cash-generating offshore assets in Israel.
However, the oil supermajor was not immune to last year’s commodity price crash, forcing it to reduce capital spending as well as suspend buybacks. Also, Chevron’s high oil price sensitivity remains a major concern. Moreover, the company’s reserve replacement ratio of 74% sheds light on its inability to add reserves to replace the amount of oil and gas produced.
(You can read the full research report on Chevron here >>>)
Accenture shares have gained +8.7% over the last six months against the Zacks Consulting industry’s gain of +11.8%. The Zacks analyst believes that the company has been steadily gaining traction in its outsourcing and consulting businesses.
Strategic enhancement of its cloud and digital marketing suite through acquisitions and partnerships bodes well for Accenture. However, pricing pressure due to significant competition from the likes of Genpact, Cognizant and Infosys remain a major concern. Furthermore, global presence exposes it to foreign currency exchange rate fluctuations.
(You can read the full research report on Accenture here >>>)
Shares of Anheuser-Busch have gained +25.2% in the past three months against the Zacks Alcoholic Beverages industry’s gain of +15.5%. The Zacks analyst believes that the company’s unique commercial strategy, strong brand portfolio, investments in digital platform and operation excellence has led to market share growth across the key markets.
Further, AB InBev remains keen on making the most of the investments it has made over the years as well as rapidly growing its digital platform, including BEES and Ze Delivery. Moreover, its premium portfolio reported revenue growth of 28% in the first quarter of 2021, representing more than 30% of its total revenues.
(You can read the full research report on Anheuser-Busch here >>>)
Other noteworthy reports we are featuring today include VMware and Barclays.
Zacks' Top Picks to Cash in on Artificial Intelligence
In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.
See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>
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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.