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The Zacks Analyst Blog Highlights: AbbVie, Berkshire Hathaway, PepsiCo, BP and Twenty-First Century Fox

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For Immediate Release

Chicago, IL – April 18, 2018 – 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 AbbVie (ABBV - Free Report) , Berkshire Hathaway (BRK.B - Free Report) , PepsiCo (PEP - Free Report) , BP (BP - Free Report) and Twenty-First Century Fox (FOXA - Free Report) .

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

Top Analyst Reports for AbbVie, Berkshire and PepsiCo

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 AbbVie, Berkshire Hathaway and PepsiCo. 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 AbbVie have gained +45.5% in the past one year, outperforming the Zacks Large Cap Pharmaceuticals industry, which has gained +8.7% over the same period. AbbVie’s key drug Humira has been performing well based on strong demand trends, despite new competition.

Moreover, Imbruvica has multibillion dollar potential and AbbVie is exploring the possibility of label expansion into solid tumors and autoimmune diseases. AbbVie’s share performance is supported by a series of positive news including promising data from several pivotal studies, regulatory approvals, including its competitive HCV medicine Mavyret and two approvals for Imbruvica and settlement of its Humira patent disputes with Amgen.

In fact, Mavyret has become a major growth driver for AbbVie in a short time on the market. Also, several pivotal data readouts and regulatory milestones are expected in 2018. However, Viekira’s sales continue to be hurt by intensifying competition.

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

Buy-rated Berkshire Hathaway’s shares have gained +21.1% in the last year, outperforming the Zacks Property and Casualty Insurance industry which increased +17.4% during the same period. Berkshire’s inorganic story remains impressive with strategic acquisitions. A strong cash position allows it to make earnings-accretive bolt-on acquisitions.

Demand for utilities is expected to rise in the future and drive earnings growth. Continued insurance business growth also fuels increase in float. A sturdy capital level further adds impetus to the company. The insurance business generates maximum return on equity but its exposure to catastrophe loss remains a concern.

Huge capital expenses due to railroad operations also emerge as headwinds. Capital expenditure is estimated at $9.7 billion in 2019. The stock has seen the Zacks Consensus Estimate for 2018 and 2019 earnings moving north in the last 60 days.

(You can read the full research report on Berkshire Hathaway here >>>).

PepsiCo’s shares have decreased -8.4% year to date, underperforming the Zacks Soft Beverages industry, which has declined -3.6% over the same period. Growing health awareness has been hurting the CSD category of the company, resulting in a 5% volume decline in 2017 in North America. Earnings estimates have moved 0.2% up for 2018 but 0.2% down for 2019, over the last 30 days.

Meanwhile, PepsiCo has been doing well on the back of significant innovation, continued momentum in Frito-Lay business, revenue management strategies, improved productivity and cost-saving initiatives, along with better market execution.

Moreover, an improving economy, better industry pricing dynamics and a consistency in positive innovation bode well. It rolled out several products recently which management believes will drive sales and profits in 2018.

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

Other noteworthy reports we are featuring today include BP and Twenty-First Century Fox.

Breaking News: Cryptocurrencies Now Bigger than Visa

The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.

Zacks’ has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.

Click here to access these stocks. >>

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.

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