Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights: Wal-Mart, Procter & Gamble, NVIDIA, Cigna and McKesson

Read MoreHide Full Article

For Immediate Release

Chicago, IL – December 26, 2017 – 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 Wal-Mart (WMT - Free Report) , Procter & Gamble (PG - Free Report) , NVIDIA (NVDA - Free Report) , Cigna (CI - Free Report) and McKesson (MCK - Free Report) .

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for Walmart, Procter & Gamble and NVIDIA

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 Wal-Mart, Procter & Gamble and NVIDIA. 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 >>>

Buy-rated Wal-Mart’s shares have been strong performers lately, with the stock up +31% over the last six months, outperforming the S&P 500's +10.1% gain in the same time period. Wal-Mart Stores, recently announced plans to drop the “hyphen” and “stores” from its name to officially emerge as an omnichannel retailer.

The company has been riding on its splendid past record, which derives strength from constant e-commerce initiatives, like buyouts, alliances, and improved delivery systems. Thanks to these trends, along with solid traffic, Walmart’s third-quarter fiscal 2018 marked its ninth and 13th straight quarter of positive earnings surprise and comps growth, respectively.

Also, the company’s international business (particularly Mexico and China) remains a growth driver. These factors, along with a strengthening foothold in the online grocery space place the company well. This is evident from management’s raised view for fiscal 2018. However, stiff competition and macroeconomic woes like volatile consumer spending remain threats.

(You can read the full research report on Wal-Mart here >>>).

Shares of Procter & Gamble have underperformed the Zacks Soap and Cleaning Materials industry so far this year (+9% vs. +17.5%). The Zacks analyst likes its strong brand recognition, diversified portfolio, impressive product development capabilities and marketing prowess as well as strong cash flow productivity.

The company is investing in its brands and products as well as redesigning the supply chain to improve productivity and organic growth. However, slowing market growth, weak volumes and organic sales have been hurting sales. Soft consumer-spending environment in developed markets and uncertainties in emerging countries also add to the worries.

That said, P&G is speeding up innovations and investments to counter softening industry growth. Its productivity improvements and cost-saving efforts are also consistently helping to boost profit level.

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

Strong Buy-rated NVIDIA’s shares have surged over the last year, gaining in excess of +78.5% versus the Zacks General Semiconductor industry’s +43.9% gain, thanks to the company’s positive record of earnings surprises in the recent quarters. NVIDIA’s sustained efforts toward attaining robust position in several emerging industries such as Artificial Intelligence (AI), deep learning and driverless cars industry, makes the Zacks analyst optimistic about its growth prospects.

NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs remain positives. The company’s focus on GRID platforms can increase GPU adoption in data centers, giving it an advantage against its competitors.

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

Other noteworthy reports we are featuring today include Cigna and McKesson.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com

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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.