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The Zacks Analyst Blog Highlights: Pfizer, Netflix, Dominion, Costco and Charles Schwab

The Zacks Analyst Blog Highlights: Pfizer, Netflix, Dominion, Costco and Charles Schwab Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="For Immediate Release” data-reactid=”18″>For Immediate Release

Chicago, IL –November 25, 2019 – 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: Pfizer PFE, Netflix NFLX, Dominion Energy D, Costco Wholesale COST and Charles Schwab SCHW.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Here are highlights from Friday’s Analyst Blog:” data-reactid=”20″>Here are highlights from Friday’s Analyst Blog:

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Top Research Reports for Pfizer, Netflix and Dominion Energy” data-reactid=”21″>Top Research Reports for Pfizer, Netflix and Dominion 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 Pfizer, Netflix and Dominion Energy. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="You can see&nbsp;all of&nbsp;today’s&nbsp;research reports here &gt;&gt;&gt;” data-reactid=”23″>You can see all of today’s research reports here >>>

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Pfizer’s shares have underperformed the Zacks Large-Cap Pharmaceuticals industry year to date (-13.6% vs. +4.7%). The Zacks analyst believes that the Consumer Healthcare joint venture with Glaxo, the Array acquisition and the pending merger of Upjohn unit with Mylan, if successful, will make Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines.” data-reactid=”24″>Pfizer’s shares have underperformed the Zacks Large-Cap Pharmaceuticals industry year to date (-13.6% vs. +4.7%). The Zacks analyst believes that the Consumer Healthcare joint venture with Glaxo, the Array acquisition and the pending merger of Upjohn unit with Mylan, if successful, will make Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines.

The smaller Pfizer should see better revenue growth as the Lyrica LOE cliff will go away. Pfizer expects continued strong growth of key brands like Ibrance, Xeljanz and Eliquis to drive sales in the future quarters. Pfizer is also strengthening its pipeline and hopes to launch new innovative medicines in the next five years, which can drive long-term growth.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on Pfizer here &gt;&gt;&gt;)” data-reactid=”26″>(You can read the full research report on Pfizer here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Shares of Netflix have gained 7% in the past three months against the Zacks Broadcast Radio and Television industry’s rise of 7.1%. The Zacks analyst believes that upcoming streaming services from Disney, Apple, Comcast and AT&amp;T pose a significant threat to Netflix’s streaming dominance.&nbsp;” data-reactid=”27″>Shares of Netflix have gained 7% in the past three months against the Zacks Broadcast Radio and Television industry’s rise of 7.1%. The Zacks analyst believes that upcoming streaming services from Disney, Apple, Comcast and AT&T pose a significant threat to Netflix’s streaming dominance. 

Netflix’s third-quarter 2019 subscriber addition rate faltered primarily due to a price hike in the United States, which, however aided ARPU growth on a year-over-year basis. Management now expects net additions in the paid subscriber base to decline in 2019 due to higher churn rate and increased competition.

Moreover, high streaming content obligation and increased spending are expected to hurt free cash flow generation. Nevertheless, a solid content portfolio and expanding bundle-offerings through partnerships with Telefonica, KDDI, AT&T, Comcast, DISH, Verizon, Charter, Altice, T-Mobile and Sky bode well for the streaming platform.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on Netflix here &gt;&gt;&gt;)” data-reactid=”30″>(You can read the full research report on Netflix here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Dominion Energy’s shares have gained 6.4% over the past six months against the Zacks Electric Power industry’s rise of 4.9%. The Zacks analyst believes that the company is benefiting from organic growth projects and acquisition synergies.” data-reactid=”31″>Dominion Energy’s shares have gained 6.4% over the past six months against the Zacks Electric Power industry’s rise of 4.9%. The Zacks analyst believes that the company is benefiting from organic growth projects and acquisition synergies.

The company’s third-quarter earnings were better than expected and improved from the year-ago figure. The improvement was due to strong contribution from its business units. The company’s long-term capital spending plan of $26B for expansion of electric transmission and distribution, addition of renewable assets, natural gas facilities and midstream assets is a major positive. Contribution from the new Southeast Energy segment is also contributing to its performance.

However, the company’s future earnings may be largely affected by share dilution. Further, ongoing delay and rising cost of the Atlantic Coast Pipeline project may impact the company’s profitability.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on Dominion Energy here &gt;&gt;&gt;)” data-reactid=”34″>(You can read the full research report on Dominion Energy here >>>)

Other noteworthy reports we are featuring today include Costco Wholesale and Charles Schwab.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The Hottest Tech Mega-Trend of All” data-reactid=”36″>The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it’s predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce “the world’s first trillionaires,” but that should still leave plenty of money for regular investors who make the right trades early.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See Zacks’ 3 Best Stocks to Play This Trend &gt;&gt;” data-reactid=”38″>See Zacks’ 3 Best Stocks to Play This Trend >>

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