Highlights from Zacks analyst blog: Alibaba, Lowe’s, American Express, Boeing and Moderna
For immediate release
Chicago, IL – November 23, 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. Recent actions featured in the blog include: Alibaba Group Holding Ltd. BABA, Lowe’s Companies, Inc. LOW, American Express Company AXP, The Boeing Company BA and Moderna, Inc. MRNA.
Here are highlights from Monday’s analyst blog:
Best Analyst Reports for Alibaba, Lowe’s, and American Express
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 Alibaba, Lowe’s, and American Express. 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 Ali Baba underperformed Zacks’ internet commerce industry over the past year (-48% vs. -31.5%). Strict trade laws in China, weaker mobile monetization, fierce competition from other players in the industry, and integration risks are some of the main hurdles for BABA.
The Zacks analyst, however, believes that Alibaba has benefited from strong momentum in the Core Commerce segment as well as its strong New Retail strategy, which is gaining ground in the market. This promotes the growth of the Tmall Import, Freshippo and Intime department stores. Strengthening Alibaba’s cloud business through its expanding customer base also continues to drive its performance.
Lowe’s stocks have gained + 57.6% during the period since the start of the year against the industry gain of + 50.6% Zacks Building Products – Retail. Zacks analyst believes Lowe’s remains poised to benefit from demand for the home improvement market, supported by investments in technology, merchandise category and the strength of the Pro sector.
Lowe’s results for the second quarter of fiscal 2021 benefited from strong execution of strategies to meet widespread demand. LOW’s new complete home strategy, which includes providing complete solutions for various types of home repair and improvement needs, bodes well. The strategy is an extension of Lowe’s retail fundamentals approach.
Actions of American Express gained + 10% in the past six months against the gain of + 8.4% in the miscellaneous financial services industry of Zacks. The Zacks analyst believes that improving revenues, increasing T&E spending, a strong balance sheet and a strong capital position are some of the main tailwinds.
Consumer spending on travel and entertainment, which generates higher margins for American Express, has grown well. With the increasing use of its cards, however, spending in the form of card member services and card member rewards is likely to increase. Marketing and business development spending is also expected to increase.
Other noteworthy reports we present today include Boeing and Moderna.
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