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The Zacks Analyst Blog Oracle, Chevron, Linde, The Walt Disney, and Airbnb
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For Immediate Release
Chicago, IL – August 14, 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: Oracle Corp. (ORCL - Free Report) , Chevron Corp. (CVX - Free Report) , Linde plc (LIN - Free Report) , The Walt Disney Company (DIS - Free Report) and Airbnb, Inc. (ABNB - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Analyst Reports for Oracle, Chevron and Linde
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 Oracle Corp., Chevron Corp. and Linde plc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Oracle shares have handily outperformed the Zacks Computer - Software industry over the past year (+45.1% vs. +14.1%), reflecting momentum across its cloud business on the back of strong uptake of Oracle Cloud Infrastructure services and Autonomous Database offerings. Solid adoption of cloud-based applications, comprising NetSuite Enterprise Resource Planning (ERP) and Fusion ERP bodes well.
Oracle's Gen 2 Cloud is delivering better performance at a lower cost due to high bandwidth and low-latency RDMA networks. Partnerships with NVIDIA and Microsoft benefit Oracle. Oracle is partnering with NVIDIA to build the world's largest high-performance computer, an AI computer, with 16,000 GPUs.
The company also announced that it is launching a generative AI cloud service for enterprise customers. Shares have outperformed the industry year to date. However, stiff competition is hurting growth.
Shares of Chevron have gained +4.2% over the past year against the Zacks Oil and Gas - Integrated - International industry's gain of +14.7%. The company is considered one of the best-placed global integrated oil firms to achieve sustainable production ramp-up.
America's No. 2 energy firm's existing project pipeline is among the best in the industry, thanks to its premier position in the lucrative Permian Basin. As a reflection of these positives, we saw CVX's EPS jump 132% in 2022.
However, Chevron was not immune to the commodity price crash of 2020, forcing it to cut spending substantially. The company's high oil price sensitivity is a concern too. Moreover, the supermajor's 10-year reserve replacement ratio of 100% is indicative of its inability to replace the amount of energy produced.
Linde shares have outperformed the Zacks Chemical - Specialty industry over the past year (+24.6% vs. +4.5%), reflecting favorable outlook for industrial gases. The company's primary products in industrial gases include oxygen, which is used as life support in hospitals.
Linde has long-term contracts with on-site customers backed by minimum purchase requirements, thereby securing stable cashflows. In the profitable industrial gas market, the merger of Praxair and Linde has created an efficient player with considerable size advantages. Linde reported strong second quarter earnings aided by higher pricing from its Americas segment.
However, declining free cashflow is a concern, reflecting weakness in operating activities. Moreover, the company is extremely vulnerable to uncertainty associated with the slowdown of economic growth, as this could hurt demand for its industrial gases.
Other noteworthy reports we are featuring today include The Walt Disney Company and Airbnb, Inc..
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
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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The Zacks Analyst Blog Oracle, Chevron, Linde, The Walt Disney, and Airbnb
For Immediate Release
Chicago, IL – August 14, 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: Oracle Corp. (ORCL - Free Report) , Chevron Corp. (CVX - Free Report) , Linde plc (LIN - Free Report) , The Walt Disney Company (DIS - Free Report) and Airbnb, Inc. (ABNB - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Top Analyst Reports for Oracle, Chevron and Linde
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 Oracle Corp., Chevron Corp. and Linde plc. 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 >>>
Oracle shares have handily outperformed the Zacks Computer - Software industry over the past year (+45.1% vs. +14.1%), reflecting momentum across its cloud business on the back of strong uptake of Oracle Cloud Infrastructure services and Autonomous Database offerings. Solid adoption of cloud-based applications, comprising NetSuite Enterprise Resource Planning (ERP) and Fusion ERP bodes well.
Oracle's Gen 2 Cloud is delivering better performance at a lower cost due to high bandwidth and low-latency RDMA networks. Partnerships with NVIDIA and Microsoft benefit Oracle. Oracle is partnering with NVIDIA to build the world's largest high-performance computer, an AI computer, with 16,000 GPUs.
The company also announced that it is launching a generative AI cloud service for enterprise customers. Shares have outperformed the industry year to date. However, stiff competition is hurting growth.
(You can read the full research report on Oracle here >>>)
Shares of Chevron have gained +4.2% over the past year against the Zacks Oil and Gas - Integrated - International industry's gain of +14.7%. The company is considered one of the best-placed global integrated oil firms to achieve sustainable production ramp-up.
America's No. 2 energy firm's existing project pipeline is among the best in the industry, thanks to its premier position in the lucrative Permian Basin. As a reflection of these positives, we saw CVX's EPS jump 132% in 2022.
However, Chevron was not immune to the commodity price crash of 2020, forcing it to cut spending substantially. The company's high oil price sensitivity is a concern too. Moreover, the supermajor's 10-year reserve replacement ratio of 100% is indicative of its inability to replace the amount of energy produced.
(You can read the full research report on Chevron here >>>)
Linde shares have outperformed the Zacks Chemical - Specialty industry over the past year (+24.6% vs. +4.5%), reflecting favorable outlook for industrial gases. The company's primary products in industrial gases include oxygen, which is used as life support in hospitals.
Linde has long-term contracts with on-site customers backed by minimum purchase requirements, thereby securing stable cashflows. In the profitable industrial gas market, the merger of Praxair and Linde has created an efficient player with considerable size advantages. Linde reported strong second quarter earnings aided by higher pricing from its Americas segment.
However, declining free cashflow is a concern, reflecting weakness in operating activities. Moreover, the company is extremely vulnerable to uncertainty associated with the slowdown of economic growth, as this could hurt demand for its industrial gases.
(You can read the full research report on Linde here >>>)
Other noteworthy reports we are featuring today include The Walt Disney Company and Airbnb, Inc..
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
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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.