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The Zacks Analyst Blog Apple, Meta, The Procter & Gamble and Genie Energy

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For Immediate Releases

Chicago, IL – November 27, 2024 – Zacks.com announces the list of stocks and 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 including Apple Inc. (AAPL - Free Report) , Meta Platforms, Inc. (META - Free Report) , The Procter & Gamble Co. (PG - Free Report) and Genie Energy Ltd. (GNE - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for Apple, Meta and Procter & Gamble

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 Apple Inc., Meta Platforms, Inc. and The Procter & Gamble Co., as well as a micro-cap stock, Genie Energy Ltd. These research reports have been hand-picked from roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Apple shares have lagged the Zacks Tech sector (+21.7% vs. +27.6%) and the S&P 500 index (+21.7% vs. +25.7%) in the year-to-date period. The stock's recent underperformance notwithstanding, the Zacks analyst remains optimistic about Apple's long-term outlook on the back of strong growth in Services revenues, an expanding content portfolio of Apple TV+ and Apple Arcade and introduction of Apple Intelligence have helped and are going to help the company grow.

However, weakness in iPhone sales particularly in China is a major headwind.

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

Meta shares have outperformed the Zacks Internet - Software industry over the past year (+68.8% vs. +45.3%), reflecting steady user growth globally. Increased engagement for its platforms has been a major growth driver. META has been leveraging AI to improve the potency of its platform offerings.

Yet, monetization of these AI services will take considerable time, which is a concern.

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

Shares of Procter & Gamble have outperformed the Zacks Soap and Cleaning Materials industry over the last six months (+7.3% vs. +6.9%). Per the Zacks analyst, the company has been gaining from a strategy that focuses on sustainability and adaptability, responding to the evolving demands of consumers and society. It has been focused on productivity and cost-saving plans to boost margins.

However, PG has been witnessing headwinds related to the market issues in Greater China, geopolitical tensions, and financial impacts from currency volatility.

(You can read the full research report on Procter & Gamble here >>>)

Shares of Genie Energy have underperformed the ZacksUtility – Electric Power industry over the past year (-36.3% vs. +20.8%). Per the Zacks analyst, the company faced revenue decline, margin contraction and pressure from lower electricity sales, with RCEs and meter counts decreasing. Additionally, increased captive insurance liability and dependence on favorable market conditions pose risks. Volatility in solar projects and fluctuating energy prices add uncertainty.

Yet, Genie Energy is benefited by its diversified revenue streams. Also, significant growth in the GREW segment and strategic investments in utility-scale solar projects indicate long-term revenue streams.

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

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.

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