Main research reports for Alphabet, AT&T and Schwab
Wednesday, November 24, 2021
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 Alphabet Inc. (GOOGL), AT&T Inc. (T) and The Charles Schwab Corp. (SCHW). These research reports were handpicked from over 70 reports released today by our team of analysts.
You can see all today’s research reports here >>>
Actions of Alphabet outperformed the S&P 500 over the past year (+ 65.3% vs. + 31.9%). The Zacks analyst believes that Alphabet’s focus on innovation, strategic acquisitions and Android OS should continue to generate strong cash flow.
Alphabet’s strong cloud division also contributed to substantial revenue growth. The expansion of data centers is expected to continue to strengthen its presence in the cloud space. Google’s mobile search is gaining momentum. The focus on innovation in AI techniques and the home automation space is also expected to foster long-term business growth.
(You can read the full Alphabet research report here >>>)
AT&T stocks have lost -7.4% in the period since the start of the year against an industry loss of -9.1% for Zacks Wireless National, but things appear to be improving for the business. Zacks analyst believes AT&T is well positioned to benefit from solid growth in subscriber numbers thanks to a strong cash position and a strong business model.
AT&T aims to separate its media assets and merge them with Discovery’s complementary assets to focus more on core operations and unlock value by monetizing the assets. AT&T, however, has seen a steady decline in subscribers to linear TV, traditional services and the wireline division, with its margins shrinking as it tries to entice customers with discounts and giveaways.
(You can read the full research report on AT&T here >>>)
Actions of Schwab gained + 16.1% in the last six months against the industry gain of + 6.9% of Zacks Financial – Investment Bank. Zacks analyst expects Schwab’s inorganic growth efforts and initiatives to boost business revenue to increase profitability.
Strategic acquisitions have helped Schwab strengthen its position as a leading brokerage firm. This should increase its margins in the coming quarters. Of major concern, however, is interest rates close to zero with no chance of an increase in the short term. Steadily increasing operating expenses should also weigh on margins in the short term.
(You can read the full research report on Schwab here >>>)
Other noteworthy reports we present today include American Tower Corp. (AMT), General Electric Co. (GE) and American International Group, Inc. (AIG).
Note: Sheraz Mian heads Zacks’ equity research department and is a renowned expert on aggregate earnings. He is frequently cited in the print and electronic media and publishes the weekly Income trends and Income overview reports. If you would like to receive an email notification every time Sheraz publishes a new article, please click here >>>
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General Electric Company (GE): Free Inventory Analysis Report
American Tower Corporation (AMT): Free Stock Analysis Report
AT&T Inc. (T): Free Stock Analysis Report
American International Group, Inc. (AIG): Free Stock Analysis Report
The Charles Schwab Corporation (SCHW): Free Stock Analysis Report
Alphabet Inc. (GOOGL): 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.