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The Zacks Analyst Blog Highlights Alphabet, Marsh & McLennan, Pioneer Natural Resources, Texas Instruments and Palo Alto

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For Immediate Release

Chicago, IL – July 29, 2022 – 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) , Marsh & McLennan Companies, Inc. (MMC - Free Report) , Pioneer Natural Resources Company (PXD - Free Report) , Texas Instruments Inc. (TXN - Free Report) and Palo Alto Networks, Inc. (PANW - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Stock Reports for Alphabet, Marsh & McLennan and Pioneer Natural Resources

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 Inc., Marsh & McLennan Companies, Inc., and Pioneer Natural Resources Company. 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 shares have declined -16.7% over the past year against the Zacks Internet - Services industry's decline of -32.0%. The company's growing litigation issues and increasing expenses are concerns. However, strong cloud division 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. Moreover, Google's mobile search is gaining solid momentum. Also, 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 the wearables category remains a tailwind. Furthermore, the company's growing efforts to gain a foothold in the healthcare industry are other positives. Also, Alphabet's expanding presence in the autonomous driving space is contributing well.

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

Marsh & McLennan shares have outperformed the Zacks Insurance - Brokerage industry over the past year (+9.2% vs. -1.9%). The company is well-poised to grow on the back of significant investments and acquisitions made within its operating units, the launch of new products, digital capabilities and branching out into new businesses. Its increased stake in Marsh India will further buoy growth.

Its revenues have been increasing thanks to a wide geographic presence and strong client retention. The Risk and Insurance Services unit has been contributing to its revenue growth. It reported strong second-quarter results on improved performance of both the segments. Enhanced operations in Latin America, Asia Pacific and EMEA were major positives.

It has plans to deploy roughly $4 billion capital in 2022. However, its escalating operating expenses might weigh on the margins. High debt levels remain a concern. Its valuation remains stretched at the current level.

(You can read the full research report on Marsh & McLennan here >>>)

Pioneer Natural Resources shares have gained +66.1% over the past year against the Zacks Oil and Gas - Exploration and Production - United States industry's gain of +69.4. This company's divestment of its Delaware Basin assets has established itself as the only large-cap exploration and production pure play in the Midland Basin.

For 2022, the company projects total production at 623-648 MBoe/d, marking an increase from 617.3 MBoe/d reported last year. Coupled with higher oil prices, increased production will boost its bottom line. For the second quarter, the company announced a dividend payment of $7.38 per share of common stock, suggesting a 95.2% hike. Also, its debt to capitalization has been persistently lower than the industry over the past few years.

However, PXD has been bearing the brunt of increasing costs for the past few quarters. Also, the upstream energy player realized hedging losses of $135 million in the first quarter amid rising oil prices. As such, the stock warrants a cautious stance.

(You can read the full research report on Pioneer Natural Resources here >>>)

Other noteworthy reports we are featuring today include Texas Instruments Inc. and Palo Alto Networks, Inc.

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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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