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The Zacks Analyst Blog Highlights: Google, Facebook, Home Depot, Starbucks and HSBC Holdings

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For Immediate Release

Chicago, IL – March 18, 2021 – 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: Alphabet Inc. (GOOGL - Free Report) , Facebook, Inc. , The Home Depot, Inc. (HD - Free Report) , Starbucks Corporation (SBUX - Free Report) and HSBC Holdings plc (HSBC - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Stock Reports for Alphabet, Facebook and Home Depot

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, Facebook, and The Home Depot. 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 gained +18.9% in the past three months against the Zacks Internet Services industry’s gain of +12%. The Zacks analyst believes that Alphabet's strengthening cloud unit is aiding substantial revenue growth.

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, which is a major positive. Also, Google’s robust mobile search is gaining solid momentum.

Additionally, 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 wearables category remains a tailwind. However, the company’s growing litigation issues and increasing expenses might hurt profitability.

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

Facebook’s shares have gained +10.5% over the last six months against the S&P 500’s gain of +20.2%. The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.

Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.

The company expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. Moreover, increasing regulatory headwinds in the EU and other countries is a concern.

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

Home Depot shares have underperformed the Zacks Retail Building Products industry over the past year (+81.8% vs. +98.3%). The Zacks analyst believes that Home Depot’s interconnected retail strategy and underlying technology infrastructure have helped boost web traffic in fiscal 2020.

During the fourth-quarter fiscal 2020, the company witnessed continued strong demand for home improvement projects. Also, broad-based strength across its business and geographies led to comparable sales growth.

However, the company has been witnessing soft margins trend on higher expenses. Negative product mix and pressures from shrink and higher transportation costs have been headwinds.

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

Other noteworthy reports we are featuring today include Starbucks and HSBC Holdings.

+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities

In addition to the stocks you read about above, would you like to see Zacks’ top picks to capitalize on the Internet of Things (IoT)? It is one of the fastest-growing technologies in history, with an estimated 77 billion devices to be connected by 2025. That works out to 127 new devices per second.

Zacks has released a special report to help you capitalize on the Internet of Things’s exponential growth. It reveals 4 under-the-radar stocks that could be some of the most profitable holdings in your portfolio in 2021 and beyond.

Click here to download this report 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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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