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The Zacks Analyst Blog Highlights Alibaba Group, TotalEnergies, ConocoPhillips, Elevance Health and The Charles Schwab

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For Immediate Release

Chicago, IL – September 20, 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: Alibaba Group Holding Limited (BABA - Free Report) , TotalEnergies SE (TTE - Free Report) , ConocoPhillips (COP - Free Report) , Elevance Health, Inc. (ELV - Free Report) and The Charles Schwab Corp. (SCHW - Free Report) .

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Alibaba, Total Energies, ConocoPhillips and More

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 Alibaba Group Holding Limited, TotalEnergies SE and ConocoPhillips. 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 >>>

Alibaba shares have gained +1.4% over the past year against the Zacks Internet - Commerce industry's gain of +13.2%, reflecting the uncertain macroeconomic outlook for its home market. 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 >>>)

Shares of TotalEnergies have outperformed the Zacks Oil and Gas - Refining and Marketing industry over the past year (+43.7% vs. +32.1%). The company continues to benefit from startups, well-spread LNG assets and an expanding upstream portfolio that has exposure to rapidly growing hydrocarbon-producing regions. Lower exposure to mature assets acts as a tailwind.

The company streamlines its portfolio through acquisitions and divestitures. TotalEnergies is steadily investing to expand its renewable operation and aims to achieve net-zero emissions by 2050.

However, the company's production has been impacted by security-related production cuts in some regions. TotalEnergies remains exposed to acquisition-related risks as these assets contribute a sizable volume to production. A natural decline in production and its withdrawal from Russia might affect profitability.

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

ConocoPhillips' shares have outperformed the Zacks Oil and Gas - Integrated - United States industry over the past year (+16.7% vs. +14.6%). The company has secured a solid production outlook, thanks to its decades of drilling inventories across its low-cost and diversified upstream asset base. The resource base represents the company's strong footprint in prolific acres in the United States, comprising Eagle Ford shale, Permian Basin and Bakken shale.

Also, the company is better positioned to rely on its strong balance sheet to withstand any adverse business scenario. However, due to the inflationary market, the company's overall operating and production expenses continue to increase, hurting the bottom line.

ConocoPhillips' exploration and production activities are exposed to extreme volatility in oil and gas prices, making the overall business scenario of the upstream energy player extremely choppy.

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

Other noteworthy reports we are featuring today include Elevance Health, Inc. and The Charles Schwab Corp.

Director of Research

Sheraz Mian

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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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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