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The Zacks Analyst Blog Highlights Berkshire Hathaway, Adobe, Alibaba Group Holding, Blackstone and Mitsubishi UFJ Financial Group

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For Immediate Release

Chicago, IL – September 6, 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: Berkshire Hathaway Inc. (BRK.B - Free Report) , Adobe Inc. (ADBE - Free Report) , Alibaba Group Holding Ltd. (BABA - Free Report) , Blackstone Inc. (BX - Free Report) and Mitsubishi UFJ Financial Group, Inc. (MUFG - Free Report) .

Here are highlights from Tuesday’s Analyst Blog:

Top Research Reports for Berkshire Hathaway, Adobe and Alibaba

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 Berkshire Hathaway Inc., Adobe Inc. and Alibaba Group Holding Ltd. 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 >>>

Berkshire Hathaway shares have outperformed the Zacks Insurance - Property and Casualty industry over the year-to-date period (+17.3% vs. +11.8%). The company is one of the largest property and casualty insurance companies measured by premium volume. Berkshire's inorganic growth story remains impressive with strategic acquisitions.

A strong cash position supports earnings-accretive bolt-on buyouts and indicates the financial flexibility. Continued insurance business growth fuels increase in float, drive earnings and generates maximum return on equity. The non-insurance businesses are delivering improved results with increased revenues over the past few years. A sturdy capital level provides further impetus.

However, exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of Berkshire. Huge capital expenditure remains a headwind for the company.

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

Shares of Adobe have outperformed the Zacks Computer - Software industry over the year-to-date period (+67.4% vs. +41.3%). 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. We 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 >>>)

Alibaba shares have gained +7.9% over the year-to-date period against the Zacks Internet - Commerce industry's gain of +43.9%, reflecting the macroecnomic uncertainty surrounding its home maket. The company's solid momentum across the China and international commerce retail businesses is driving its top-line growth. Notably, China commerce retail business is driven by rising online physical goods GMV at Taobao and Tmall.

Further, International retail business is riding on solid combined order growth. Moreover, strength across the Cainiao logistics services, owing to robust domestic consumer logistics and international fulfillment solution services is a plus.

This apart, strength across cloud computing business and local services is a tailwind. However, macroeconomic uncertainties are concerns. Additionally, normalization of cloud demand as offline activities are resuming, is an overhang.

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

Other noteworthy reports we are featuring today include Blackstone Inc. and Mitsubishi UFJ Financial Group, 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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