Zacks analyst blog spotlights Amazon, Accenture, Comcast, Morgan Stanley and Caterpillar

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Chicago, IL – July 1, 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: Amazon.com, Inc. AMZN, Accenture plc ACN, Comcast Corp. CMCSA, Morgan Stanley MS and Caterpillar Inc. CAT.

Here are highlights from Thursday’s analyst blog:

Top research reports for Amazon, Accenture and Comcast

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 Amazon.com, Inc., Accenture plc and Comcast Corp. These research reports have been handpicked from the approximately 70 reports published by our team of analysts today.

You can see all research reports from today here >>>

Amazon Stocks have lagged the broader market considerably of late, down -37.4% year-to-date versus a -20.3% drop for the S&P 500 Index. Amazon missed early estimates in each of the past four quarters as growth slowed in the post-pandemic period. Rising costs and overcapacity also appear to be headwinds.

That said, Amazon remains the undisputed leader in e-commerce and cloud computing. Winning on strong Prime momentum through lightning-fast delivery services and a robust content portfolio. In addition, the strengthening of relationships with third-party sellers is a positive point.

Plus, the growing momentum on Amazon Music is helping nicely. Additionally, AWS’s high adoption rate contributes to the company’s cloud dominance. Additionally, the expansion of the AWS service portfolio continually helps Amazon gain traction with customers.

Strong Alexa skills and expanding smart home product portfolio are positives. Additionally, the company’s strong global presence and solid momentum among small and medium-sized businesses remain tailwinds.

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

Accenture Stocks have slightly underperformed the Zacks advisory services sector over the past year (-4.0% vs. -2.5%).

While Accenture faces a number of near-term challenges, such as increased competition from strong companies such as Genpact, Cognizant and Infosys, and exposure to currency fluctuations due to its global status, it has continued to gain ground in its outsourcing and consultancy activities. businesses.

The company has strategically enhanced its cloud and digital marketing suite through buyouts and partnerships. The company’s strong operating cash flow has helped it reward its shareholders in the form of dividend payouts and share buybacks, and seek out opportunities in areas that show real potential.

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

Comcast shares are down -29.7% over the past year against Zacks Cable TV industry decline of -31.5%. The company is constantly suffering from video subscriber attrition due to cord cutting. Additionally, a leveraged balance sheet is a major concern. However, Comcast is benefiting from the strength of the broadband subscriber base and strong momentum in the wireless business.

The company’s strategy to provide high-speed Internet access at an affordable price plays a central role in providing connectivity and improving the customer experience. Additionally, the COVID-induced increase in media consumption and waves of work-from-home and online learning bode well for Comcast’s internet business.

The company’s Peacock streaming service has grown in popularity in a short time and is a key catalyst in boosting broadband sales. The strong ability to generate free cash flow is remarkable.

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

Other noteworthy reports we feature today include Morgan Stanley and Caterpillar.

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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.

Free: See our best stock and our 4 finalists >>

Click to get this free report

Amazon.com, Inc. (AMZN): Free Stock Analysis Report

Morgan Stanley (MS): free stock analysis report

Accenture PLC (ACN): Free Inventory Analysis Report

Caterpillar Inc. (CAT): Free Inventory Analysis Report

Comcast Corporation (CMCSA): 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.

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