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 Quick Quote GOOGL - Free Report) , Facebook, Inc. ( FB Quick Quote FB - Free Report) , The Home Depot, Inc. ( HD Quick Quote HD - Free Report) , Starbucks Corporation ( SBUX Quick Quote SBUX - Free Report) and HSBC Holdings plc ( HSBC Quick Quote 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 >>>
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.
) 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.
) 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.
) read the full research report on Home Depot here >>>
Other noteworthy reports we are featuring today include Starbucks and HSBC Holdings.
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