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The Zacks Analyst Blog Netflix, BP p.l.c., Constellation Energy, Tucows and Bridger Aerospace Group

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Chicago, IL – December 12, 2024 – 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 including Netflix, Inc. (NFLX - Free Report) , BP p.l.c. (BP - Free Report) , Constellation Energy Corp. (CEG - Free Report) , Tucows Inc. (TCX - Free Report) and Bridger Aerospace Group Holdings, Inc. (BAER - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for Netflix, BP and Constellation Energy

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 Netflix, Inc., BP p.l.c. and Constellation Energy Corp., as well as two micro-cap stocks, Tucows Inc. and Bridger Aerospace Group Holdings, Inc. 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 >>>

Netflix’s shares have outperformed the Zacks Broadcast Radio and Television industry over the past year (+97.3% vs. +61.5%). The Zacks analyst believes that Netflix is benefiting from its growing subscriber base, thanks to a robust content portfolio and healthy engagement levels with about two hours of viewing per member per day, indicating strong member retention. The planned launch of an in-house ad tech platform in 2025 also bodes well.

However, stiff competition in the streaming space from the likes of Apple, Amazon Prime Video and Disney+ is a headwind.

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

BP’s shares have underperformed the Zacks Oil and Gas – Integrated - International industry over the past year (-13.4% vs. +8.5%). The Zacks analyst believes that BP's high debt-to-capital ratio and recent asset impairments reflect balance sheet vulnerabilities. Refining margins face pressure, signaling possible profit declines in BP’s downstream segment.

Yet, the company’s robust upstream portfolio is primed for growth, with new projects like Seagull and Coconut set to boost production. BP’s recent acquisition of Lightsource BP underscores its renewable energy expansion, ensuring resilience as energy transitions accelerate.

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

Shares of Constellation Energy have outperformed the Zacks Alternative Energy - Other industry over the past year (+102.9% vs. +62.0%). Per the Zacks analyst, the company’s strategic investment plans and its focus on continuing to expand its renewable portfolio drive its earnings performance. It expects to increase nuclear output and implement plans to upgrade plants to achieve more output with no incremental operation and maintenance (O&M) expenses.

However, Constellation Energy is subject to risks related to non-performance by its suppliers and fluctuation in weather conditions. The company’s retail business is subject to strong competition. The supply markets for nuclear fuel, natural gas and oil are subject to price fluctuations.

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

Tucows’ shares have underperformed the Zacks Internet - Content industry over the last six months (-14.2% vs. +1.5%). The Zacks analyst believes that rising debt and liquidity concerns due to declining cash raise risks for the company. Depreciation costs and challenges in customer acquisition add pressure as Ting competes with larger ISPs. Continued pressure in this stable business could affect the overall performance. Slower fiber network expansion and increasing competition can hinder growth.

Yet, Tucows' Ting fiber internet service continues to see strong subscriber growth. The company witnessed cost management and efficiency gains and completed a major asset-backed securitization, helping fund its fiber expansion while reducing capital risk.

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

Bridger’s shares have underperformed the Zacks Aerospace - Defense industry over the last six months (-57.9% vs. -8.5%). The Zacks analyst believes that high leverage and debt servicing pressures, seasonal revenue dependence, ongoing losses and execution risks in international expansion pose significant challenges.

Yet, the company's fleet, including CL-415EAF "Super Scoopers" and advanced surveillance aircraft, secures its strong market position and ensures a stable income. The acquisition of FMS Aerospace aids. The expansion into international markets also offers growth potential.

(You can read the full research report on Bridger 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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