Highlights from Zacks analyst blog: Visa, Broadcom, Morgan Stanley, Sanofi and MercadoLibre

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Chicago, IL – November 19, 2021 – Zacks.com announces the list of stocks featured on the Analysts Blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and financial markets. Stocks recently featured in the blog include: Visa Inc. V, Broadcom Inc. AVGO, Morgan Stanley MS, Sanofi SNY, and MercadoLibre, Inc. MELI.

Here are highlights from Thursday’s analyst blog:

Best Analyst Reports for Visa, Broadcom and Morgan Stanley

Zacks Research Daily features the best research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Visa, Broadcom and Morgan Stanley. These research reports were handpicked from over 70 reports released today by our team of analysts.

You can see all today’s research reports here >>>

Actions of Visa outperformed Zacks’ financial transaction services business over the past year (-0.6% vs. -17.1%). The Zacks analyst believes that Visa continues to benefit from the acquisition of Visa Europe, a steadily increasing business volume and a strong balance sheet. Numerous buyouts and alliances have paved the way for long-term growth and consistent revenue generation.

Continued efforts to stay technologically up to date have solidified Visa’s position in the payments market. Another positive point is the switch to digital payment. However, high operating expenses and increased customer incentives weighed on margins. Amazon’s decision to withdraw Visa credit cards in the UK starting next year is another major concern.

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

Broadcom stocks have gained 33.1% in the period since the start of the year against the industry’s + 39.4% gain in Zacks Electronics – Semiconductors, but things appear to be improving for it. Zacks analyst believes Broadcom has benefited from its expanding product portfolio, multiple target markets, accretive acquisitions and strong cash flow.

In the third quarter of fiscal 2021, AVGO’s revenues benefited from increased demand for wireless solutions as well as momentum in networking and broadband solutions. Synergies from CA acquisitions and Symantec’s corporate security activities also contributed to results. However, customer concentration, increased competition and integration risks from frequent acquisitions continue to weigh on Broadcom’s margins.

(You can read the full Broadcom research report here >>>)

Actions of Morgan stanley gained + 15.2% in the past six months against the + 6.8% gain of Zacks’ investment banking industry. Zacks analyst believes Morgan Stanley has focused less on sources of income driven by capital markets. This is clear from the acquisitions of Eaton Vance and E * Trade Financial.

However, the increased focus on business loans should continue to support its finances. Robust capital deployment activities indicate a strong balance sheet. Uncertainties in the capital markets remain a major concern for Morgan Stanley, however. The persistent increase in spending is also expected to hurt short-term results.

(You can read the full Morgan Stanley research report here >>>)

Other noteworthy reports we feature today include Sanofi and MercadoLibre.

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Click to get this free report

Morgan Stanley (MS): Free Stock Analysis Report

Sanofi (SNY): Free Stock Analysis Report

Visa Inc. (V): Free Stock Analysis Report

Broadcom Inc. (AVGO): Free Stock Analysis Report

MercadoLibre, Inc. (MELI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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