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The Zacks Analyst Blog Highlights: Disney, Charter Communications, Boeing, Square and Ross Stores

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For Immediate Release

Chicago, IL – August 19, 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: The Walt Disney Company (DIS - Free Report) , Charter Communications, Inc. (CHTR - Free Report) , The Boeing Company (BA - Free Report) , Square, Inc. (SQ - Free Report) and Ross Stores, Inc. (ROST - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Stock Reports for Disney, Charter Communications and Boeing

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 The Walt Disney Company (DIS - Free Report) , Charter Communications, Inc. (CHTR - Free Report) , and The Boeing Company (BA - Free Report) . 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 Disney have outperformed the Zacks Media Conglomerates industry over the past year (+37.6% vs. +17.8%). The Zacks analyst believes that the company stands to benefit from an impressive Disney+ user growth rate that is driven by expanding international footprint and solid content portfolio is a key catalyst.

The company plans to launch its stand-alone general entertainment and sports streaming service, STAR+ in Latin America, on Aug 31. A slew of upcoming movies, including Shang Chi and the Legend of the Ten Rings, The King’s Man and Deep Water are expected to aid Studio Entertainment’s top line. Disney’s cruise line business, however, remains closed and the re-opened resorts are operating at a lower capacity.

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

Charter Communications shares have gained +29.8% over the last six months against the Zacks Cable TV industry’s gain of +18.7%. The Zacks analyst believes that Charter’s expanding residential and commercial Internet services, solid small & medium business (SMB) customer base and new 5G service offerings are key catalysts for growth.

Charter continues to witness solid Internet usage due to the coronavirus-induced work-from-home and online-learning routine. The company, however, persistently suffers from video-subscriber attrition, due to cord-cutting as well as intense competition from streaming services like Netflix, Disney+ and Amazon prime video.

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

Shares of Boeing have gained +3.9% in the year-to-date period against the Zacks Aerospace & Defense industry’s loss of -6.4%. The Zacks analyst believes that long-term prospects of the global services unit and increasing fiscal defense budget are expected to boost Boeing's growth.

The stock holds a strong solvency position, at least in the near term. The company, however, is experiencing supply chain shortages since a number of its suppliers have either suspended or reduced their operations. Boeing is consolidating its footprint by terminating leases and offloading properties, and this is likely to hurt its near-term earnings.

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

Other noteworthy reports we are featuring today include Square and Ross Stores.

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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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