For immediate release
Chicago, IL – May 31, 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: Meta Platforms, Inc. FB, Visa Inc. V, Verizon Communications Inc. VZ, United Parcel Service, Inc. UPS and Canadian Natural Resources Ltd. CNQ
Here are highlights from Friday’s analyst blog:
Top analyst reports for Meta, Visa and Verizon
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 Meta Platforms, Inc., Visa Inc. and Verizon Communications Inc.. These research reports have been handpicked from the nearly 70 reports published by our team of analysts today.
You can see all of today’s research reports here >>>
Metaplatforms shares are down -41.7% over the past year compared to the -59.0% decline in the Internet Industry – Zacks Software and the -4.4% decline in the broader S&P 500 index. Changes to Apple’s iOS as well as engagement headwinds are weighing on the stock. Apple’s iOS changes have made ad targeting difficult, which in turn has increased the cost of results.
Measuring these outcomes has also become difficult. Meta expects these factors to hurt advertising revenue growth through 2022. Meta’s guidance for the second quarter reflects macroeconomic and currency concerns. Cost inflation and supply chain disruptions are expected to impact advertisers’ budgets.
However, Meta is enjoying steady user growth across all regions, especially in Asia-Pacific. Increased engagement for its products like Instagram, WhatsApp, Messenger and Facebook has been a major growth driver.
(You can read the full Meta Platform research report here >>>)
Visa the shares are down -7% over the past year compared to a -1.7% decline in rival Mastercard and a -31.6% decline in Zacks’ financial transaction services sector. The company’s market-leading position provides some stability and visibility in the current uncertain environment, but it still faces a number of near-term challenges, including weak margin prospects due to rising operating expenses, the negative impact of the ramp-up customer incentives on revenue growth and exposure to the Russian-Ukrainian situation.
However, numerous buyouts and alliances paved the way for long-term growth and consistently boosted its revenue. The company’s investments in technology are strengthening its position in the payments market. A transition of payments to digital mode is a godsend. Deployments of coronavirus vaccines and the gradual upturn in consumer confidence will continue to drive spending, in turn increasing business volumes. With its strong cash position, it remains committed to increasing its shareholder value. The strength of its balance sheet is commendable.
(You can read the full Visa research report here >>>)
Verizon Communications shares are down -5.2% over the past year against the -5.3% drop in domestic industry Zacks Wireless. The company offered a mixed outlook for 2022 due to the challenging macroeconomic environment. A fiercely competitive market and heavy spending on lucrative promotions and discounts to attract customers are likely to hurt its profitability. High auctioning expenditures for midband spectrum are expected to further jeopardize margins.
However, the company plans to accelerate the availability of its 5G Ultra Wideband network with the rollout of C-band, covering 175 million people by the end of 2022. Its growth strategy includes 5G mobility, national broadband and advanced mobile computing and business solutions. Verizon is building the entire network infrastructure to deliver the most amazing 5G experience to customers. It offers various blended rates in wireless and home broadband plans, which has led to strong customer additions.
(You can read the full Verizon research report here >>>)
Other noteworthy reports we are featuring today include United Parcel Service, Inc. and Canadian Natural Resources Ltd.
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Past performance is not indicative of future results. The potential for loss is inherent in any investment. This document is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold any security. No recommendation or advice is given as to whether any investment is suitable for any particular investor. It should not be assumed that investments in the securities, companies, sectors or markets identified and described have been or will be profitable. All information is current as of the date hereof and is subject to change without notice. The views or opinions expressed may not reflect those of the company as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management of securities. These returns come from hypothetical portfolios composed of stocks with Zacks Rank = 1 that have been rebalanced monthly without transaction fees. These are not the returns of actual stock portfolios. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for more information on the performance figures displayed in this press release.
Zacks names ‘only one best choice for doubling up’
From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.
It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could jump in at any moment.
This company could rival or surpass other recent Zacks stocks which are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.
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Visa Inc. (V): Free Stock Analysis Report
Verizon Communications Inc. (VZ): Free Stock Analysis Report
United Parcel Service, Inc. (UPS): Free Inventory Analysis Report
Canadian Natural Resources Limited (CNQ): Free Stock Analysis Report
Meta Platforms, Inc. (FB): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.