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The Zacks Analyst Blog Highlights: AbbVie, Accenture, TOTAL, Amazon.com and Intuit

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For Immediate Release

Chicago, IL – February 12, 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: AbbVie (ABBV - Free Report) , Accenture (ACN - Free Report) , TOTAL , Amazon.com (AMZN - Free Report) and Intuit (INTU - Free Report) .

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Research Reports for AbbVie, Accenture, TOTAL and Others

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 AbbVie, Accenture and TOTAL. 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 >>>

AbbVie’s shares have outperformed the Zacks Large-Cap Pharmaceuticals industry in the past six months (+46.8% vs. +15.9%). The Zacks analyst believes that AbbVie’s key drug, Humira is performing well based on strong demand trends despite new competition.

AbbVie has been successful in expanding approvals for its cancer drugs, Imbruvica and Venclexta. Moreover, it has an impressive late-stage pipeline. It gained approvals for two new drugs with significant potential, Skyrizi (risankizumab) and Rinvoq, in 2019. Both are off to a strong start.

The acquisition of Allergan, if successful, should diversify AbbVie’s revenue base and accelerate its non-Humira business. However, sales erosion due to direct biosimilar competition to Humira in international markets is a big headwind.  Also, the decline in HCV sales is a concern. 

Shares of Accenture have gained +35.7% over the past year against the Zacks Consulting industry's rise of +27.1%. The Zacks analyst believes that Accenture has been steadily gaining traction in its outsourcing and consulting businesses.

The company has been strategically enhancing its cloud and digital marketing suite through acquisitions and partnerships. The company’s strong operating cash flow has helped it reward its shareholders in the form of dividends and share repurchases, and pursue opportunities in areas that show true potential. Accenture is currently a global leader in the Salesforce implementation service space.

However, Accenture continues to face pricing pressure due to significant competition from strong companies like Genpact, Cognizant and Infosys. Global presence exposes Accenture to foreign currency exchange rate fluctuations. Buyout-related integration risks is a concern.

TOTAL’s shares have lost -9.7% over the past three months against the Zacks Integrated International Oil industry's fall of -11.7%. The Zacks analyst believes that company has been benefiting from startups, renewable projects, its LNG portfolio and expanding upstream portfolio that has above industry-average exposure to faster-growing hydrocarbon producing regions.

Streamlining the asset portfolio and syncing the same with long-term objectives are going to boost its performance and strengthen operations. Cost-saving initiatives are also aiding it to boost margins.

However, TOTAL's operations in some politically-troubled regions and increasing competition might affect profitability. Due to its global presence, the company is exposed to risks associated with pursuing business abroad.

Other noteworthy reports we are featuring today include Amazon.com and Intuit.

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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


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Amazon.com, Inc. (AMZN) - free report >>

Accenture PLC (ACN) - free report >>

Intuit Inc. (INTU) - free report >>

AbbVie Inc. (ABBV) - free report >>

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