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The Zacks Analyst Blog Highlights: Amazon, PepsiCo, Chevron, CME Group and Fiserv

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For Immediate Release

Chicago, IL – July 9, 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: Amazon.com, Inc. (AMZN - Free Report) , PepsiCo, Inc. (PEP - Free Report) , Chevron Corporation (CVX - Free Report) , CME Group Inc. (CME - Free Report) and Fiserv, Inc. .

Here are highlights from Thursday’s Analyst Blog:

Top Analyst Reports for Amazon, PepsiCo and Chevron

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, PepsiCo and Chevron. 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 Amazon have underperformed the broader market in the year-to-date period (+12% vs. +17.6%). The Zacks analyst believes that the company has been gaining from solid Prime momentum on the back of ultra-fast delivery services and a strong content portfolio.

Moreover, a surge in online grocery shopping is another positive. A strong adoption rate of AWS is aiding the company’s cloud dominance, and an expanding AWS services portfolio is helping Amazon gain further momentum among its customers. However, accelerating coronavirus-related expenses remain a major risk for the company’s margin expansion.

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

PepsiCo’s shares have gained +6.8% over the last six months against the Zacks Soft Drinks Beverages industry’s gain of +8.5%. The Zacks analyst believes that despite the pandemic, PepsiCo remains financially sound to run its business and meet obligations. As of Mar 20, 2021, the company’s long-term debt declined 3.4% sequentially to $38,991 million.

Also, the robust fourth quarter results were driven by resilience and strength in the global snacks/foods business, along with accelerated growth in the beverage category. However, it witnessed soft margins on international acquisitions and unforeseen weather-related costs in the United States in February. Adverse currency rates remain a headwind.

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

Shares of Chevron have gained +1.3% in the past three months against the Zacks Integrated Oil industry industry’s gain of +2.2%. The Zacks analyst believes that Chevron’s acquisition of Noble Energy for $5 billion, has expanded its presence in the DJ Basin as well as the Permian Basin.

While the company has struggled with depressed demand, it recently hiked its dividend by 3.9% in a shareholder-friendly move. However, last year’s commodity price crash forced it to cut capital spending and suspend buybacks. Moreover, its reserve replacement ratio of 74% indicates its inability to add reserves to replace the amount of oil and gas produced.

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

Other noteworthy reports we are featuring today include CME Group and Fiserv.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Amazon.com, Inc. (AMZN) - free report >>

CME Group Inc. (CME) - free report >>

Chevron Corporation (CVX) - free report >>

PepsiCo, Inc. (PEP) - free report >>

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