For immediate release
Chicago, IL – December 17, 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 on the blog include: Alphabet Inc. GOOGL, Bank of America Corporation BAC, S&P Global Inc. SPGI, ServiceNow, Inc. NOW and The Boeing Company BA.
Here are highlights from Thursday’s analyst blog:
Best Analyst Reports for Alphabet, Bank of America and S&P Global
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 Alphabet, Bank of America, and S&P Global. 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 Alphabet outperformed the S&P 500 over the past year (+ 67.7% vs. + 28.9%). The Zacks analyst believes that Alphabet’s dominant position in the research market, an expanding cloud footprint and a stronger presence in the smart home market are some of the main tailwinds.
Major updates to GOOGL’s search segment improve search results. Google’s mobile search has also gained momentum. The focus on innovation in AI techniques and the home automation space is likely to foster long-term business growth. GOOGL’s focus on its portable accessories category is a major asset.
(You can read the full Alphabet research report here >>>)
Bank of America stocks have gained + 48.9% during the year-to-date period against the industry gain of Zacks’ large regional banks of + 34.5%. The Zacks analyst believes that Bank of America’s efforts to improve revenue growth, a strong balance sheet and expansion into new markets will support Bank of America.
Advances in technology should continue to foster cross-selling opportunities. Opening new branches, improving digital capabilities and expense management initiatives as well as a strong balance sheet and liquidity position should help its finances. However, the bank’s reliance on the volatile nature of trading income for growth in commission income is cause for concern.
(You can read the full Bank of America research report here >>>)
Actions of Global S&P have gained + 20.3% in the last six months against the Zacks Business – Information Services industry gain of + 4.2%. The Zacks analyst believes that the acquisitions allow S&P Global to innovate, increase differentiated content and develop new products.
SPGI remains well positioned to take advantage of the growing demand for business information services. Effective management execution has helped him generate strong cash flow to use for growth initiatives. S&P Global, however, remains vulnerable to proceedings, investigations and inquiries regarding the ratings provided, resulting in legal action, damages or fines.
(You can read the full research report on S&P Global here >>>)
Other noteworthy reports we feature today include ServiceNow and Boeing.
Zacks investment research
800-767-3771 ext 9339
Past performance is no guarantee of future results. The potential for loss is inherent in any investment. This material 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 an investment is suitable for a particular investor. It should not be assumed that any investment in any identified and described securities, companies, sectors or markets was 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 securities asset management activities. These returns come from hypothetical portfolios made up of stocks with a Zacks rank = 1 that have been rebalanced monthly without any transaction costs. These are not the returns of actual equity portfolios. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for more information on the performance numbers displayed in this press release.
Bitcoin, like the internet itself, could change everything
Blockchain and cryptocurrency have sparked one of the most exciting talking points in a generation. Some call it the “Internet of Money” and predict that it could change the way money works forever. If this is true, it could do to banks what Netflix did to Blockbuster and Amazon to Sears. Experts agree that we are 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 much less volatility than buying them directly.
See 3 Crypto Related Stocks Now >>
Click to get this free report
The Boeing Company (BA): Free Inventory Analysis Report
Bank of America Corporation (BAC): Free Stock Analysis Report
ServiceNow, Inc. (NOW): Free Stock Analysis Report
Alphabet Inc. (GOOGL): Free Stock Analysis Report
S&P Global Inc. (SPGI): Free share analysis report
To read this article on Zacks.com, click here.
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.