Monday, April 25, 2022
 
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 Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), and Chevron Corporation (CVX). 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 Alphabet have outperformed the Zacks Internet - Services industry over the past year (+4.2% vs. -10.6%) on the back of the company's strong leverage to favorable ad spending trends and leading cloud business, trends that the Zacks analyst believes will be further confirmed by the company's Q1 earnings report this week. Moreover, expanding data centers will continue to bolster its presence in the cloud space. Further, major updates in its search segment are enhancing the search results. Moreover, Google’s mobile search is gaining solid momentum.
 
The Zacks analyst believes that a strong focus on innovation of AI techniques and the home automation space should aid business growth in the long term. Further, its deepening focus on the wearables category remains a tailwind. Furthermore, the company’s growing efforts to gain foothold in the healthcare industry are other positives. Alphabet is expanding its presence in the autonomous driving space is contributing well. However, its growing litigation issues and increasing expenses are concerns.
 

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

Amazon shares have struggled lately, as the comapny is faced with margin pressures as a result of growing expenses associated with supply-chain constraints and labor supply shortages.

However, The Zacks analyst believes that the company is gaining on solid Prime momentum owing to ultrafast delivery services and strong content portfolio. Further, strengthening relationship with third-party sellers is a positive. Also, growing momentum across Amazon Music is contributing well. Additionally, strong adoption rate of AWS is aiding the company’s cloud dominance.
 

Also, expanding AWS services portfolio is continuously helping Amazon in gaining further momentum among the customers. Further, robust Alexa skills and expanding smart home products portfolio are positives. Additionally, the company’s strong global presence and solid momentum among the small and medium businesses remain tailwinds.
 

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

Shares of Chevron have outperformed the Zacks Oil and Gas - Integrated - International industry over the past year (+61.2% vs. +52.3%). The company is considered one of the best-placed global integrated oil firms to achieve sustainable production ramp-up. America’s No. 2 energy company’s existing project pipeline is among the best in the industry, thanks to its premier position in the lucrative Permian Basin.
 

However, Chevron was not immune to the commodity price crash of 2020, forcing it to cut spending substantially. The company’s high oil price sensitivity is a concern too. Moreover, the supermajor’s 10-year reserve replacement ratio of 100% is indicative of its inability to replace the amount of oil and gas produced. Finally, Chevron has been a laggard to jump into the net-zero bandwagon.
 

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

Other noteworthy reports we are featuring today include Berkshire Hathaway Inc. (BRK.B), AstraZeneca PLC (AZN) and Danaher Corporation (DHR).

Sheraz Mian
 
Director of Research
 

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>