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The Zacks Analyst Blog Highlights: Visa, Charter, Biogen, BP and BB&T

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For Immediate Release

Chicago, IL –February 11, 2019 – 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 (V - Free Report) , Charter Communications (CHTR - Free Report) , Biogen (BIIB - Free Report) , BP plc (BP - Free Report) and BB&T .

Here are highlights from Friday’s Analyst Blog:

Top Research Reports for Visa, Charter Communications and Biogen

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, Charter Communications and Biogen. 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 (+20.5% vs. +16%). Visa’s first-quarter fiscal 2019 earnings beat expectations and increased year over year. The results were driven by growth in payments volume, cross-border volume and processed transactions, and a lower tax rate.

The Zacks analyst thinks Visa’s strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for long-term growth and consistent increase in revenues. Visa is well poised to gain from growing electronic payment processing and a solid brand name. Its strong capital position enables investments in business.

Nevertheless, high client incentives and operating expenses, and foreign exchange volatility might put pressure on margins. Softness in cross border volumes is another concern.

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

Shares of Charter Communications have outperformed the Zacks Cable TV industry over the past year (-1.4% vs. -5.1%). Charter’s fourth-quarter 2018 revenues increased on growth in Internet, video, advertising and commercial revenues. Growth in Internet customers and rate adjustments aided Internet revenues in the reported quarter.

Additionally, Charter’s Spectrum Internet Gig service, which uses DOCSIS 3.1 technology, is available across its entire footprint. The Zacks analyst thinks this service, which provides enhanced Internet speed is expected to further boost subscriber growth. Moreover, Charter’s All Digital initiative, which will help the company offer advanced products and services and enhance video picture quality is now complete across its entire residential and business footprint.

However, Charter’s bottom line suffered due to higher interest expense. The company continues to struggle in a saturated and competitive multi-channel U.S. video market.

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

Biogen’s shares have outperformed the Zacks Biomedical and Genetics industry in the past year (-2.5% vs. -17.1%). Biogen beat estimates for earnings and sales in Q4. Biogen has a strong position in the MS market. The Zacks analyst likes the company’s efforts to diversify beyond MS to other areas like Alzheimer’s, Parkinson's and stroke among others.

Meanwhile, its newest drug Spinraza is performing well and has multi-billion dollar potential. Biogen’s efforts to regularly in-license assets to build its pipeline are encouraging since several of them have transformative potential. Several data readouts are expected in 2019 with multiple potential launches in the early 2020s.

However, its core MS business, excluding Ocrevus royalties, has been largely flat. Also, potential competition to Spinraza from competitors’ gene therapy programs for SMA is a concern. Though Biogen’s CNS pipeline is attractive, it is a high-risk area.

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

Other noteworthy reports we are featuring today include BP plc and BB&T.

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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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Biogen Inc. (BIIB) - free report >>

BP p.l.c. (BP) - free report >>

Visa Inc. (V) - free report >>

Charter Communications, Inc. (CHTR) - free report >>

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