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The Zacks Analyst Blog Highlights Exxon Mobil, Adobe, T-Mobile US, Marsh & McLennan and Schlumberger

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For Immediate Release

Chicago, IL – August 3, 2023 – 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: Exxon Mobil Corp. (XOM - Free Report) , Adobe Inc. (ADBE - Free Report) , T-Mobile US, Inc. (TMUS - Free Report) , Marsh & McLennan Companies, Inc. (MMC - Free Report) and Schlumberger Ltd. (SLB - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Stock Reports for Exxon Mobil, Adobe and T- Mobile U.S.

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 Exxon Mobil Corp., Adobe Inc. and T-Mobile US, Inc. 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 Exxon Mobil have outperformed the Oil and Gas - Integrated - International industry over the past year (+21.1% vs. +18.3%). The company's bellwether status and an optimal integrated capital structure has historically produced industry-leading returns make it a relatively lower-risk energy sector play.

In Stabroek Block, located off the coast of Guyana, Exxon Mobil has made many major discoveries that significantly improve its production outlook. The advantaged growth projects of Guyana have lower greenhouse gas intensity than most of the oil and gas-producing resources across the globe. Exxon Mobil also has a strong presence in the Permian Basin, the most prolific resource in the United States.

However, the firm reported weak second-quarter earnings owing to lower crude price realizations. The firm's dividend yield is lower than the composite stocks belonging to the industry. Thus, Exxon Mobil is lagging its peers when it comes to shareholders' returns.

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

Adobe's shares have outperformed the Zacks Computer - Software industry over the past year (+29.3% vs. +22.6%). The company is benefiting from strong demand for its creative products. The company's Creative Cloud, Document Cloud and Adobe Experience Cloud products are driving the top-line growth. Rising subscription revenues and solid momentum across the mobile apps are major positives.

Additionally, growth in emerging markets and robust online video creation demand remain tailwinds. Additionally, solid demand for Adobe's commerce offerings and growing adoption of Acrobat. The Zacks analyst remain optimistic about Adobe's market position, compelling product lines and continued innovation.

However, the ongoing tensions between Russia and Ukraine remain major headwinds for Digital Media segment. Also, high acquisition expenses do not bode well for its margin expansion.

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

Shares of T-Mobile US have declined -2.0% over the year-to-date period against the Zacks Wireless National industry's decline of -11.3%. The company's declining prepaid customer addition due to moderation of industry growth and low equipment revenues are major concerns. Stiff competition and saturation in the wireless market are straining margins.

Promotional offers and low-priced service plans to expand the customer base are putting pressure on profitability. High debt burden remains additional headwind. Nevertheless, its 5G network covers 98% of Americans and Ultra Capacity 5G covers 285 million people.

The company is gaining from its dedicated 5G spectrum asset with superior propagation, network leadership and industry-leading postpaid net customer addition. Low postpaid phone churn rate and strong growth in high-speed Internet customers are tailwinds.

(You can read the full research report on T-Mobile US here >>>)

Other noteworthy reports we are featuring today include Marsh & McLennan Companies, Inc. and Schlumberger Ltd.

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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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