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The Zacks Analyst Blog Highlights Oracle, Booking Holdings, The Charles Schwab, Palo Alto Networks and Chipotle Mexican Grill
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For Immediate Release
Chicago, IL – November 2, 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) , Booking Holdings Inc. (BKNG - Free Report) , The Charles Schwab Corp. (SCHW - Free Report) , Palo Alto Networks, Inc. (PANW - Free Report) and Chipotle Mexican Grill, Inc. (CMG - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Oracle, Booking Holdings and Charles Schwab
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., Booking Holdings Inc. and The Charles Schwab Corp. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Shares of Oracle have gained +28.4% over the year-to-date period against the Zacks Computer - Software industry's gain of +38.7%. The company is benefiting from the ongoing momentum across its cloud business, driven by the strong uptake of Oracle Cloud Infrastructure 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 VMWare and Microsoft are helping Oracle win new clientele.
ORCL is launching a generative AI cloud service for enterprise customers. Its share buybacks and dividend policy are noteworthy. However, higher spending on product enhancements, especially toward the cloud platform, amid increasing competition in the cloud domain is likely to limit margin expansion.
Booking Holdings shares have outperformed the Zacks Internet - Commerce industry over the year-to-date period (+38.4% vs. +34.6%). The company is benefiting from a substantial improvement in booking trends driven by growing demand for travel. This, in turn, is helping lower cancellation rates.
Booking Holdings expects room night growth to increase at a low double-digit rate on a year-on-year basis in the third quarter. Solid growth in domestic bookings is driving growth. The company is experiencing solid momentum in international regions, which is a positive. Strong growth in rental cars, airline ticket units and booked room nights is another positive.
Solid momentum across the agency, merchant, advertising and other businesses is a tailwind. Further, strengthening alternative accommodation business and flight capabilities are major positives. However, intensifying competition is a headwind.
Shares of Charles Schwab have outperformed the Zacks Financial - Investment Bank industry over the past six months (+4.8% vs. -4.4%). The company's inorganic growth efforts, expenses are expected to remain elevated, thus hurting the bottom line to an extent.
Schwab's trading revenues are expected to be under pressure in the near term amid the uncertain market conditions. Nevertheless, Schwab's acquisitions, likely to be earnings accretive, have reinforced its position as a leading brokerage player.
Offering commission-free trading has led to a rise in client assets and brokerage accounts. Amid high interest rates, margins will likely grow.
Other noteworthy reports we are featuring today include Palo Alto Networks, Inc. and Chipotle Mexican Grill, 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 Highlights Oracle, Booking Holdings, The Charles Schwab, Palo Alto Networks and Chipotle Mexican Grill
For Immediate Release
Chicago, IL – November 2, 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) , Booking Holdings Inc. (BKNG - Free Report) , The Charles Schwab Corp. (SCHW - Free Report) , Palo Alto Networks, Inc. (PANW - Free Report) and Chipotle Mexican Grill, Inc. (CMG - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Oracle, Booking Holdings and Charles Schwab
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., Booking Holdings Inc. and The Charles Schwab Corp. 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 Oracle have gained +28.4% over the year-to-date period against the Zacks Computer - Software industry's gain of +38.7%. The company is benefiting from the ongoing momentum across its cloud business, driven by the strong uptake of Oracle Cloud Infrastructure 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 VMWare and Microsoft are helping Oracle win new clientele.
ORCL is launching a generative AI cloud service for enterprise customers. Its share buybacks and dividend policy are noteworthy. However, higher spending on product enhancements, especially toward the cloud platform, amid increasing competition in the cloud domain is likely to limit margin expansion.
(You can read the full research report on Oracle here >>>)
Booking Holdings shares have outperformed the Zacks Internet - Commerce industry over the year-to-date period (+38.4% vs. +34.6%). The company is benefiting from a substantial improvement in booking trends driven by growing demand for travel. This, in turn, is helping lower cancellation rates.
Booking Holdings expects room night growth to increase at a low double-digit rate on a year-on-year basis in the third quarter. Solid growth in domestic bookings is driving growth. The company is experiencing solid momentum in international regions, which is a positive. Strong growth in rental cars, airline ticket units and booked room nights is another positive.
Solid momentum across the agency, merchant, advertising and other businesses is a tailwind. Further, strengthening alternative accommodation business and flight capabilities are major positives. However, intensifying competition is a headwind.
(You can read the full research report on Booking Holdings here >>>)
Shares of Charles Schwab have outperformed the Zacks Financial - Investment Bank industry over the past six months (+4.8% vs. -4.4%). The company's inorganic growth efforts, expenses are expected to remain elevated, thus hurting the bottom line to an extent.
Schwab's trading revenues are expected to be under pressure in the near term amid the uncertain market conditions. Nevertheless, Schwab's acquisitions, likely to be earnings accretive, have reinforced its position as a leading brokerage player.
Offering commission-free trading has led to a rise in client assets and brokerage accounts. Amid high interest rates, margins will likely grow.
(You can read the full research report on Charles Schwab here >>>)
Other noteworthy reports we are featuring today include Palo Alto Networks, Inc. and Chipotle Mexican Grill, 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.