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The Zacks Analyst Blog Highlights: Chevron, Boeing, Netflix, Morgan Stanley and S&P Global

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For Immediate Release

Chicago, IL – July 13, 2018 – 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 Chevron (CVX - Free Report) , Boeing (BA - Free Report) , Netflix (NFLX - Free Report) , Morgan Stanley (MS - Free Report) and S&P Global (SPGI - Free Report) .

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for Chevron, Boeing and Netflix

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 Chevron, Boeing and Netflix. 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 >>>

Strong Buy-ranked Chevron’s shares have risen +18.6% in the past year, marginally underperforming the Zacks Integrated Oil industry's +20.1% increase, while larger rival Exxon Mobil has seen its scrip go up a meager +2% over the same time period. Shares of Chevron are up nearly 100% off its August 2015 lows and poised for further capital appreciation, riding on its healthy earnings growth prospects.

The Zacks analyst thinks the company’s ‘oilier’ nature of its volume mix positions it to benefit from strengthening oil prices in its upstream business with less encumbrance from its smaller downstream unit. Chevron’s existing oil and gas development project pipeline is among the best in the industry, targeting volume growth of 4-7% in 2018. The production increase will be driven by the Australian LNG megaprojects, as well as Chevron’s stellar Permian operations.

The company’s balance sheet also seems healthy enough and the dividend yield of nearly 4% should remain safe going forward. Apart from rising commodity prices, conservative capital spending and cost control would ensure rapidly improving cash flow.

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

Shares of Boeing have surged +65.2% in the last year, outperforming the Zacks Aerospace & Defense sector, which gained +28.3% during the same time period. The Zacks analyst emphasizes that the company is the largest aircraft manufacturer in the world in terms of revenues, orders and deliveries.

Considering the huge global demand for commercial jets, Boeing has been enjoying an enormous flow of orders from all over the world. In this regard, the company’s 20-year market outlook forecasts commercial jetliner demand to increase by 3.6%. Boeing expects single-aisle jets to be the major driver behind this demand growth.

However, this aerospace giant continues to face challenges from stiff competition. Boeing’s 787 Dreamliner's deferred production cost remains a cause of concern for Boeing. Although the company is witnessing declining deferred costs, it hasn’t been able to completely waive off these costs.

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

Netflix’s shares have increased +118.1% year to date, significantly outperforming the Zacks Broadcast Radio and Television industry’s gain of +41% during the same period. The Zacks analyst thinks continuing subscriber additions and expanding original content portfolio will help the company to sustain growth going forward.

Moreover, rapid international penetration and expanding regional content are major growth drivers. However, the company has mixed record of earnings surprises in recent quarters. The company’s increasing marketing spends and higher investments on original and acquired content will continue to hurt profitability, at least in the near term.

Saturation in the domestic market poses a concern. The company’s increase in subscription charges in the U.S. might lead to a backlash on subscriber growth going forward. Further, rising competition from players like Amazon and Apple is a major headwind.

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

Other noteworthy reports we are featuring today include Morgan Stanley and S&P Global.

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Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

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