For immediate release
Chicago, IL – March 3, 2022 – Zacks.com announces the list of stocks featured in the analyst 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: Mastercard Inc. MA, Wells Fargo & Co. WFC, United Parcel Service, Inc. UPS, Intuit Inc. INTU and EOG Resources, Inc. EOG.
Here are highlights from Wednesday’s analyst blog:
Best inventory reports for Mastercard, Wells Fargo and UPS
Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Mastercard Inc., Wells Fargo & Co. and United Parcel Service, Inc. These research reports have been handpicked from over 70 reports released by our analyst team today.
You can see all today’s research reports here >>>
Shares of MasterCard have outperformed the Zacks financial transaction services sector over the past six months (+1.3% vs -21.6%). The Zacks analyst believes the company’s profit levels are rising thanks to increased consumer spending. This helped the company report strong fourth quarter results.
Numerous acquisitions help it develop addressable markets and generate new revenue streams. The COVID-19 crisis has accelerated the use of electronic payments with much greater adoption of digital and contactless solutions. The situation presents an opportunity for Mastercard’s business to accelerate its transition to digital mode.
The company is well positioned to take advantage of stable cash generation capabilities. A strong capital position allows the company to pursue acquisitions and deploy capital. However, high operating costs could weigh on margins. High discounts and incentives can weigh on bottom line.
(You can read the full Mastercard research report here >>>)
Shares of Wells Fargo have outperformed the industry Zacks Banks – Major Regional over the past year (+33.4% vs. +4.4%). The company’s surprise story is impressive, with earnings beating Zacks’ consensus estimate for the past four quarters. The Zacks analyst believes the growing deposit balance, driven by encouraging economic trends, is bolstering the company’s liquidity position.
Given its strong financial position, the company’s capital deployment activities appear sustainable. Improving credit quality is a tailwind. Still, the loss of revenue from portfolio sales remains a concern. Nonetheless, progress on efficiency initiatives has propelled expense control and savings. This is expected to continually help Well Fargo’s bottom line.
(You can read the full Wells Fargo research report here >>>)
Shares of United Parcel Service outperformed the Zacks Transportation – Air Cargo and Freight industry over the past year (+28.2% vs. +6.6%). The Zacks analyst believes that similar to the first three quarters of 2021, upbeat demand for e-commerce related package deliveries helped UPS results in the fourth quarter of 2021.
UPS’s efforts to reward its shareholders are also commendable. In the latest shareholder-friendly decision, the UPS board of directors approved a quarterly dividend increase of 49% to $1.52 per share (annualized: $6.08) in February. In 2021, UPS paid dividends worth $3.4 billion. UPS is also active on the buyout front. The company’s robust free cash flow generation ($10.9 billion in 2021, more than double 2020 actuals) is supporting its shareholder-friendly business.
However, high operating costs (up 9.7% in 2021) hurt the bottom line. With the price of oil moving north, fuel costs (up 48.9% in 2021) are rising and driving up total costs.
(You can read the full United Parcel Service research report here >>>)
Other noteworthy reports we feature today include Intuit Inc. and EOG Resources, Inc.
Bitcoin, like the internet itself, could change everything
Blockchain and cryptocurrency have sparked one of the most exciting topics of discussion of a generation. Some call it the “Internet of Money” and predict that it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree that we are still in the early stages of this technology and as it develops, it will create several investment opportunities.
Zacks just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and other cryptocurrencies with far less volatility than buying them outright.
See 3 Crypto-Related Stocks Now >>
Zacks Investment Research
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7 best stocks for the next 30 days
Just Released: Experts distill 7 elite stocks from the current Zacks No. 1 Ranking 220 Strong Buys list. They consider these tickers “most likely for early price increases.”
Since 1988, the full list has beaten the market more than 2 times with an average gain of +25.4% per year. So be sure to give your immediate attention to these 7 handpicked ones.
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Click to get this free report
Wells Fargo & Company (WFC): Free Inventory Analysis Report
Mastercard Incorporated (MA): Free Inventory Analysis Report
United Parcel Service, Inc. (UPS): Free Inventory Analysis Report
EOG Resources, Inc. (EOG): Free Stock Analysis Report
Intuit Inc. (INTU): Free Inventory Analysis Report
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Zacks Investment Research
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