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The Zacks Analyst Blog Highlights: Walmart, AT&T, Tesla, General Motors and Verizon

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For Immediate Release

Chicago, IL – February 5, 2020 – 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 Walmart Inc. (WMT - Free Report) , AT&T Inc. (T - Free Report) ,Tesla, Inc. (TSLA - Free Report) , General Motors Company (GM - Free Report) and Verizon Communications Inc. (VZ - Free Report) .

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Walmart, AT&T and Tesla

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 Walmart Inc., AT&T Inc. and Tesla, Inc. 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 >>>

Walmart’s shares have outperformed the Zacks Retail - Supermarkets industry over the past one-year period (+19.6% vs. +16.0%) and the Zacks analyst believes that Walmart’s shares have outpaced the industry in the past year, backed by focus on strengthening e-commerce and store operations. These factors helped the company retain its sturdy comps trend in third-quarter fiscal 2020, wherein earnings marked its seventh straight beat and U.S. comps rose for the 21st straight time.

The company, by the way, is making efforts to improve its International unit by shifting focus to profitable countries. However, Flipkart’s addition was a drag on Walmart’s bottom line, which is expected to continue in fiscal 2020. This along with a compelling pricing strategy and tariff-related worries is a threat to margins.

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

Shares of AT&T have gained 24.7% in the past one-year period against the Zacks Wireless National industry’s rise of 17.8%. The Zacks analyst believes that the company remains committed to its three-year financial framework, which is expected to drive significant improvement in margins and bottom-line growth with sustained investments and debt reduction. It aims to deploy a standards-based, nationwide mobile 5G network in 2020. AT&T anticipates gaining a competitive edge over rivals through edge computing services and healthy dividend payout.

However, the company is witnessing a steady decline in linear TV subscribers and legacy services. Its wireline division is facing loss in access line due to competitive pressure from VoIP service providers.

(You can read the full research report on AT&T here >>>)

Tesla’s shares have outperformed the Zacks Automotive – Domestic industry over the past one-year period (+142.7% vs. +45.0%). The Zacks analyst believes that with Model 3 sedan being its flagship vehicle, Tesla has established itself as a leader in the EV segment. Rising Model 3 delivery, which forms bulk of the automaker’s overall deliveries, is aiding the company’s top-line growth. Tesla’s upcoming product launches, including Model Y and Semi Truck, are expected to further boost prospects.

However, with China being an important market for Tesla, economic slowdown in the country is weighing on the firm. Tesla’s massive debt and high capex also play spoilsports.

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

Other noteworthy reports we are featuring today include General Motors Company and Verizon Communications Inc.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.7% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>

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