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The Zacks Analyst Blog Highlights Mastercard, Comcast, NextEra Energy, Mondelez International, and Freeport-McMoRan

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For Immediate Release

Chicago, IL – June 9, 2022 – 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: Mastercard Inc. (MA - Free Report) , Comcast Corp. (CMCSA - Free Report) , NextEra Energy, Inc. (NEE - Free Report) , Mondelez International, Inc. (MDLZ - Free Report) and Freeport-McMoRan Inc. (FCX - Free Report)

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for Mastercard, Comcast 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 Mastercard Inc., Comcast Corp., and NextEra Energy, Inc.. 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 >>>

Mastercard shares have outperformed the Zacks Financial Transaction Services industry over the past year (+0.7% vs. -30.3%) as well as rival Visa (-15.9%). The company's profit levels are rising thanks to increasing consumer spending. Numerous acquisitions are helping it to grow addressable markets and drive new revenue streams. The COVID-19 crisis accelerated the use of electronic payments with much greater adoption of digital and contactless solutions. The situation provides an opportunity for Mastercard's business to expedite its shift to digital mode. Its focus on the Southeast Asia and LatAm markets is expected to intensify.

The company is well-poised to gain from steady cash-generating abilities. A strong capital position allows the firm to pursue acquisitions and deploy capital. However, steep operating expenses might stress margins. High rebates and incentives may weigh on net revenues. As such, the stock warrants a cautious stance.

(You an read the full research report on Mastercard here >>>)

Comcast shares have declined -22.7% over the past year against the Zacks Cable Television industry's decline of -24.9%. The Zacks analyst believes that the company is persistently suffering from video-subscriber attrition due to cord-cutting. Moreover, a leveraged balance sheet is a major concern. Nevertheless, Comcast is benefiting from strength in broadband subscriber base and strong momentum in the wireless business. The company's strategy to provide high-speed Internet at an affordable price plays a pivotal role in providing connectivity and improving customer experience.

Moreover, COVID-led increased media consumption and the work-from-home and online-learning waves bode well for Comcast's Internet business. The company's streaming service Peacock gained significant traction within a short span and is a key catalyst in driving broadband sales. Strong free cash flow generation ability is noteworthy.

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

NextEra Energy shares have gained +12.3% over the past year against the Zacks Utility - Electric Power industry's gain of +13.6%. The Zacks analyst believes that the company through proper execution of organic projects and strategic acquisitions is expanding its operations and efficiently serving more customers. NextEra Energy currently has a lot of renewable projects in its backlog and the number is rising every quarter, which is aiding NextEra to cut emissions.

The merger of Gulf Power and FPL strengthens NextEra Energy's position in Florida. Improving Florida economy and FPL's reliable services is expanding its customer volume in every quarter. The company has ample liquidity to meet its near-term debt obligations. However, nature of its business is subject to complex federal, state and other regulations. Unfavorable weather conditions and an increase in supply costs adversely impact earnings.

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

Other noteworthy reports we are featuring today include Mondelez International, Inc. and Freeport-McMoRan Inc..

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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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