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The Zacks Analyst Blog Highlights: AMZN, MA, AZN, NEE and AMD

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For Immediate Release

Chicago, IL – August 27, 2020 – 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 Amazon.com (AMZN - Free Report) , Mastercard (MA - Free Report) , AstraZeneca (AZN - Free Report) , NextEra Energy (NEE - Free Report) and Advanced Micro Devices (AMD - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for Amazon, Mastercard and AstraZeneca

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 Amazon.com, Mastercard and AstraZeneca. 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 >>>

Amazon was a star performer even prior to the Covid-19 pandemic, but the work-from-home environment in the post-pandemic period has been tailor made for the company. This is reflected in the stock's outsized year-to-date performance (up +81.1% vs. +6.9% for the broader market), a trend that the Zacks analyst sees as sustainable given the company's online standing and position in the cloud computing space. 

Additionally, solid Prime momentum owing to ultrafast delivery services and expanding content portfolio remained tailwind. Further, strengthening AWS services and its growing adoption rate contributed well. Additionally, improving Alexa skills and features remained a major positive.

Expanding smart home products offerings were tailwinds. However, accelerating coronavirus related expenses remain major concerns. Also, foreign exchange headwinds and rising cloud competition are risks.

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

Shares of Mastercard have gained +21.6% over the past six months against the Zacks Financial Transaction Services industry’s rise of +10.8%. The Zacks analyst believes that Mastercard’s strategic acquisitions, alliances and technology upgrades, along with product-diversification and geographic-expansion initiatives will augur well in the long term.

The company has undertaken several acquisitions to supplement organic efforts and diversify revenues over the years, which has helped expand its addressable markets and strengthen core product solutions. Investment in technology keeps it at the forefront of the rapidly-evolving payments industry.

It is also witnessing buoyant demand for its Data & Analytics and Cyber solutions. Its solid capital position enables investment in business. Also, its second-quarter earnings beat estimates on decreased rebates and incentives. However, escalating costs might put pressure on the company’s margins. It also cancelled its annual 2020 outlook for net revenues and operating expenses due to coronavirus-induced business loss.

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

AstraZeneca shares have gained +8.7% over the past three months against the Zacks Large Cap Pharmaceuticals industry’s rise of +5.3%. The Zacks analyst believes that AstraZeneca’s newer drugs, mainly cancer medicines Lynparza, Tagrisso and Imfinzi should keep driving revenues in 2020.

Its pipeline is strong with an abundance of catalysts lined up for 2020 including data on COVID-19 vaccine candidate, AZD1222. AstraZeneca has also engaged in external acquisitions and strategic collaborations to boost its pipeline while investing in geographic areas of high growth like China. Cost-cutting efforts should drive earnings.

However, its products like Nexium, Crestor and Seroquel are facing generic competition, which is hurting sales. The diabetes franchise also faces stiff competition while pricing pressure is hurting sales in the respiratory unit.

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

Other noteworthy reports we are featuring today include NextEra Energy and Advanced Micro Devices.

Zacks’ Single Best Pick to Double

From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

With users in 180 countries and soaring revenues, it’s set to thrive on remote working long after the pandemic ends. No wonder it recently offered a stunning $600 million stock buy-back plan.

The sky’s the limit for this emerging tech giant. And the earlier you get in, the greater your potential gain.

Click Here, See It Free >>

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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

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