Highlights from Zacks Analyst Blog: Salesforce, AT&T, Boeing, Biogen and Arthur J. Gallagher & Co

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Chicago, IL – October 26, 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 on the blog include: salesforce.com, inc. CRM, AT&T Inc. T, The Boeing Company BA, Biogen Inc. BIIB, and Arthur J. Gallagher & Co. AJG.

Here are highlights from Monday’s analyst blog:

Best analyst reports for sales force, AT&T and Boeing

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 Salesforce, AT&T and Boeing. These research reports were handpicked from the roughly 70 reports released by our team of analysts today.

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

Actions of selling power slightly underperformed Zacks’ computer software industry over the cumulative period (+ 31.5% vs. + 35.6%), however, the company continues to benefit from a robust demand environment as customers are undergoing a major digital transformation. The Zacks analyst believes that the diversity of cloud offerings, customer strength, strategic acquisitions and partnerships are the main drivers of the company’s growth.

The recent acquisition of Slack is likely to position the company as a leader in the space of enterprise team collaboration solutions. However, it faces stiff competition from Microsoft Corp. and Oracle in the cloud-based CRM market. Adverse currency fluctuations along with growing investments in international expansions and data continue to weigh on near-term profitability.

(You can read the full salesforce research report here >>>)

AT&T stocks have gained + 0.1% over the past year versus a loss of -0.3% for the Zacks Wireless domestic industry. The Zacks analyst believes the company saw early momentum in its core market areas, thanks to the strength of 5G, fiber and HBO Max subscribers.

With a customer-centric business model, AT&T is experiencing healthy momentum in its postpaid wireless business with a lower churn rate and increased adoption of higher tier unlimited plans. However, it reported mixed results in the third quarter of 2021, as good wireless traction was partially offset by a lower contribution from the divested businesses. The company is also grappling with a decline in its traditional wireline and Internet telephony services.

(You can read the full research report on AT&T here >>>)

Actions of Boeing gained + 19.2% in the last six months against the Zacks Aerospace & Defense industry gain of + 11.3%. Risks related to supply chain shortages due to the ongoing pandemic as well as lower deliveries compared to Airbus weighed on its margins.

The Zacks analyst, however, believes that the long-term outlook for the global service unit and the increased budget for tax defense should boost Boeing’s growth. The company’s business activity rebounded significantly in the second quarter. The outlook for the aerospace giant’s defense activity remains optimistic.

(You can read the full Boeing research report here >>>)

Other noteworthy reports we present today include Biogen and Arthur J. Gallagher & Co.

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

More news on the stock: it’s bigger than the iPhone!

She could become the mother of all technological revolutions. Apple has only sold one billion iPhones in 10 years, but a new breakthrough is expected to generate over 77 billion devices by 2025, creating a market of $ 1.3 trillion.

Zacks has just published a special report that highlights this rapidly emerging phenomenon and 4 tickers to take advantage of it. If you don’t buy now, you could get started in 2022.

Click here for the 4 professions >>

Click to get this free report

The Boeing Company (BA): Free Inventory Analysis Report

Biogen Inc. (BIIB): Free Stock Analysis Report

AT&T Inc. (T): Free Stock Analysis Report

salesforce.com, inc. (CRM): Free stock analysis report

Arthur J. Gallagher & Co. (AJG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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