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The Zacks Analyst Blog Highlights Alibaba, General Electric, Honeywell International, Palo Alto Networks and Mondelez International

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For Immediate Release

Chicago, IL – February 15, 2024 – 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: Alibaba Group Holding Ltd. (BABA - Free Report) , General Electric Co. (GE - Free Report) , Honeywell International Inc. (HON - Free Report) , Palo Alto Networks, Inc. (PANW - Free Report) and Mondelez International, Inc. (MDLZ - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Research Reports for Alibaba, General Electric and Honeywell

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 Alibaba Group Holding Ltd., General Electric Co. and Honeywell International. 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 >>>

BABA 's shares have underperformed the Zacks Internet - Commerce industry over the past year (-30.6% vs. +40.1%). The Zacks analyst believes that a weak China market, sluggishness in online physical goods GMV at Taobao and Tmall marketplaces, and stiff competition from the domestic as well as foreign e-commerce companies have weighed down on the company's fortunes. Unfavorable global macroeconomic goings on have also been a hindrance.

However, the company's offline entertainment business segments, namely Damai and Alibaba Pictures have been a success. Also, solid momentum in the international commerce business is driving top-line growth.

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

General Electric's shares have outperformed the Zacks Diversified Operations industry over the last six months (+24.5% vs. -0.7%). The Zacks analyst believes that strength in the company's aerospace segment, gas power services and growth in grid and onshore wind businesses have been beneficial. The company has also made judicious acquisitions over time.

Yet, high costs and operating expenses, a soft offshore wind business and supply chain disruptions in the defense market continue to remain major headwinds.

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

Shares of Honeywell have outperformed the Zacks Diversified Operations industry over the past six months (+3.3% vs. -0.7%). Per the Zacks analyst, strength in the commercial aviation, aerospace and process solutions businesses augurs well for the company. New acquisitions like Compressor Controls are also likely to boost future growth.

However, supply chain issues, lower volumes in the warehouse and workflow solutions, high cost of procuring raw materials and foreign currency headwinds continue to remain major concerns.

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

Other noteworthy reports we are featuring today include Palo Alto Networks, Inc. and Mondelez International, 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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