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The Zacks Analyst Blog Highlights Visa, Adobe, TotalEnergies, General Electric and Waste Management

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For Immediate Release

Chicago, IL – December 29, 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: Visa Inc. (V - Free Report) , Adobe Inc. (ADBE - Free Report) , TotalEnergies SE (TTE - Free Report) , General Electric Co. (GE - Free Report) and Waste Management, Inc. (WM - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for Visa, Adobe and TotalEnergies

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 Visa Inc., Adobe Inc. and TotalEnergies SE. 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 >>>

Visa's shares have outperformed the Zacks Financial Transaction Services industry over the past year (+27.3% vs. +23.7%). The company's stock performance is consistently driven by strategic acquisitions and alliances fostering long-term growth.

Visa's fourth quarter fiscal 2023 earnings beat estimates, fueled by increased payments and sustained investments in technology. The ongoing shift to digital payments is advantageous for Visa, with strong domestic volumes supporting overall performance. A robust cash position enables the company to enhance shareholder value.

However, elevated operating expenses pose margin challenges. Increased client incentives may impact the top line. Additionally, it is witnessing a declining cash volume from the Asia Pacific and CEMEA regions. As such the stock warrants a cautious stance.

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

Shares of Adobe have outperformed the Zacks Computer - Software industry over the past year (+81.5% vs. +60.4%). The company's Creative Cloud, Document Cloud and Adobe Experience Cloud products drove the top-line growth. Further, rising subscription revenues and solid momentum across the mobile apps were positives.

Growth in emerging markets, robust online video creation demand and solid adoption of Acrobat are tailwinds. The Zacks analyst remain optimistic about Adobe's market position, compelling product lines, continued innovation, strategic acquisitions and solid adoption of cloud applications. Also, the company's growing generative AI efforts remain a plus.

However, the ongoing tensions between Russia and Ukraine remain 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 TotalEnergies have outperformed the Zacks Oil and Gas - Refining and Marketing industry over the past year (+14.9% vs. +12.2%). 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. Multi-energy portfolio acts as a tailwind for TotalEnergies.

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. The company 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 >>>)

Other noteworthy reports we are featuring today include General Electric Co. and Waste Management, 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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