For Immediate Release
Chicago, IL – December 17, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Alphabet (NASDAQ:GOOGL) Inc. GOOGL, Bank of America Corporation (NYSE:BAC) BAC, S&P Global Inc. SPGI, ServiceNow (NYSE:NOW), Inc. NOW and The Boeing Company (NYSE:BA) BA.
Here are highlights from Thursday’s Analyst Blog:
Top Analyst Reports for Alphabet, Bank of America and S&P Global
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alphabet, Bank of America, and S&P Global. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Shares of Alphabet have 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 search market, an expanding cloud footprint and a strengthening presence in the smart home market are some of the major tailwinds.
Major updates in GOOGL’s search segment are enhancing the search results. Google’s mobile search has also been gaining solid momentum. Focus on innovation of AI techniques and the home automation space is likely to aid business growth in the long term. GOOGL’s deepening focus on its wearables category is a major positive.
(You can read the full research report on Alphabet here >>>)
Bank of America shares have gained +48.9% in the year to date period against the Zacks Major Regional Banks industry’s gain of +34.5%. The Zacks analyst believes that Bank of America’s efforts to improve revenue growth, strong balance sheet, and expansion into new markets will support Bank of America.
Technological advancement is likely to continue aiding cross selling opportunities. Opening of new branches, enhancing digital capabilities and initiatives to manage expenses along with a strong balance sheet and liquidity position should aid its financials. The bank’s dependence on the volatile nature of the trading revenues for fee income growth is a concern though.
(You can read the full research report on Bank of America here >>>)
Shares of S&P Global have gained +20.3% in the last six months against the Zacks Business - Information Services industry’s gain of +4.2%. The Zacks analyst believes that acquisitions enable S&P Global to innovate, increase differentiated content and develop new products.
SPGI remains well poised to gain from the growing demand for business information services. Effective management execution has helped it generate solid cash flow to be utilized for growth initiatives. S&P Global, however, remains vulnerable to proceedings, investigations and inquiries with respect to the ratings provided, leading to legal charges, damages or fines.
(You can read the full research report on S&P Global here >>>)
Other noteworthy reports we are featuring today include ServiceNow and Boeing.
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The Boeing Company (BA): Free Stock 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 Stock Analysis Report
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