Immediate release
Chicago, Illinois – September 23, 2021 – Zacks.com publishes a selection of stocks from the analyst blog. The Zacks Equity Research Analyst discusses the latest news and events affecting the stock and financial markets every day. Stocks that have recently appeared on the blog include: United Parcel Service, Inc. UPS, ServiceNow, Inc. NOW, CVS Health Corporation CVS, Booking Holdings Inc. BKNG and Altria Group, Inc. MO.
Here are the highlights of the analyst blog on Wednesday:
Top inventory reports from UPS, ServiceNow and CVS Health
The Zacks Research Daily showcases the best research results of our team of analysts. Today’s research daily features new research reports on 16 major stocks, including United Parcel Service, ServiceNow, and CVS Health. These research reports are carefully selected from approximately 70 reports released today by our team of analysts.
you can see All the research reports today are here >>>
Shares United Parcel Service The performance over the past year was better than Zacks Transportation-air and freight industry (+17.2% vs. +14.1%). The Zacks analyst applauded UPS’s efforts to repay its shareholders through dividends and buybacks, and acknowledged that despite the coronavirus outbreak, the company still paid $3.6 billion in dividends.
The company’s board of directors also approved a new $5 billion share repurchase program in August, while maintaining its pro-shareholder position. UPS’s solid liquidity status and environmental protection methods are also impressive. However, UPS’s high operating expenses are worrisome.
(you can Read the full research report on United Parcel Service here >>>)
Serve immediately In the past six months, the share price of the Zacks IT services industry has risen by +18.7%, while the share price of Zacks has risen by 38.5%. Zacks analysts believe that its dominance in the ITSM and ITOM markets, the growing Fortune 500 customer base, and the enhancement of products through strategic acquisitions are key catalysts for growth.
ServiceNow also benefited from strong growth in subscription revenue. Based on the widespread adoption of its digital workflow solutions, it expects that subscription fees in 2021 will increase year by year. Fierce competition in the non-ITSM product field and excessive valuation are the company’s main obstacles.
(you can Read the full research report on ServiceNow here >>>)
Shares CVS Health In the past three months, the Zacks retail pharmacy and pharmacy industry has suffered a loss of -2.2%, while it has risen by +1.7% in the past three months. Zacks analysts believe that the growing demand for PBM and specialty pharmacies, coupled with the substantial growth of the retail business, remain key positive factors.
The second-quarter revenues of all three operating divisions exceeded the company’s expectations. The increase in guidance for the whole year also reflects that this bullish trend may continue into 2021. However, pressure to reduce the reimbursement rate of generic drugs, bleak retail performance and pressure on profit margins are some of the main obstacles.
(you can Read the full research report on CVS Health here >>>)
Other notable reports that we will highlight today include Booking Holdings and Altria Group.
Media contact
Zacks Investment Research
800-767-3771 extension. 9339
https://www.zacks.com
Past performance does not guarantee future results.Inherent in any investment is a potential loss. This material is for reference only and does not constitute investment, legal, accounting or tax advice, nor does it constitute advice to buy, sell or hold securities. It will not provide any suggestions or opinions on the suitability of any investment for a particular investor. It should not be assumed that any investment in the identified and described securities, companies, industries or markets has been or will be profitable. All information is up-to-date as of the date of publication of this article and is subject to change without notice. Any views or opinions expressed may not reflect the views or opinions of the company as a whole. Zacks Investment Research does not engage in any securities investment banking, market making or asset management activities. These returns come from hypothetical portfolios that consist of stocks with Zacks Rank = 1 that are rebalanced every month with zero transaction costs. These are not returns from the actual portfolio of stocks. The S&P 500 Index is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers shown in this press release.
Want the latest advice from Zacks Investment Research? Today, you can download the 7 best stocks for the next 30 days.Click to get this free report
United Parcel Service, Inc. (UPS): Free inventory analysis report
Altria Group, Inc. (MO): Free stock analysis report
CVS Health Corporation (CVS): Free stock analysis report
ServiceNow, Inc. (NOW): Free stock analysis report
Booking Holdings Inc. (BKNG): Free stock analysis report
To read this article on Zacks.com, click here.
Zacks Investment Research
#United #Parcel #Service #ServiceNow #CVS #Health #Booking #Holdings #Altria #Group
More from Source