Top Analyst Reports for Alphabet, Amazon & Johnson & Johnson

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Monday, November 18, 2019” data-reactid=”18″>Monday, November 18, 2019

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="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 Alphabet (GOOGL), Amazon (AMZN) and Johnson &amp; Johnson (JNJ). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.” data-reactid=”19″>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 Alphabet (GOOGL), Amazon (AMZN) and Johnson & Johnson (JNJ). 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=”20″>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="Alphabet’s shares have outperformed the Zacks Internet Services industry year to date (+27.6% vs. 9.5%). The Zacks analyst believes that the company’s strong focus on innovation of AI techniques and the home automation space should aid business growth in the long term. Also, its strong focus on bolstering presence in the cloud market is encouraging.” data-reactid=”21″>Alphabet’s shares have outperformed the Zacks Internet Services industry year to date (+27.6% vs. 9.5%). The Zacks analyst believes that the company’s strong focus on innovation of AI techniques and the home automation space should aid business growth in the long term. Also, its strong focus on bolstering presence in the cloud market is encouraging.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Alphabet reported weak third-quarter earnings due to heavy investment in cloud computing and hardware businesses. However, Google’s robust mobile search is a positive. Notably, it has agreed to acquire Fitbit for roughly $2.1 billion. ” data-reactid=”22″>Alphabet reported weak third-quarter earnings due to heavy investment in cloud computing and hardware businesses. However, Google’s robust mobile search is a positive. Notably, it has agreed to acquire Fitbit for roughly $2.1 billion.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This deal will likely help the company to accelerate innovation in the wearables category. However, the company’s growing litigation issues and competition might hurt profitability.” data-reactid=”23″>This deal will likely help the company to accelerate innovation in the wearables category. However, the company’s growing litigation issues and competition might hurt 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 Alphabet here &gt;&gt;&gt;)” data-reactid=”24″>(You can read the full research report on Alphabet here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Shares of Amazon have lost 6.4% in the past six months against S&amp;P 500’s rise of 9.6%. The Zacks analyst believes that the company benefited from solid Prime momentum owing to robust grocery services and strong content portfolio.&nbsp;” data-reactid=”25″>Shares of Amazon have lost 6.4% in the past six months against S&P 500’s rise of 9.6%. The Zacks analyst believes that the company benefited from solid Prime momentum owing to robust grocery services and strong content portfolio. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Moreover, Prime Free One Day service helped Amazon in gaining traction across customers. Further, strengthening AWS services and its growing adoption rate contributed well to the third-quarter results. Improving Alexa skills and features remains a major positive. Expanding smart home products offerings are tailwinds.” data-reactid=”26″>Moreover, Prime Free One Day service helped Amazon in gaining traction across customers. Further, strengthening AWS services and its growing adoption rate contributed well to the third-quarter results. Improving Alexa skills and features remains a major positive. Expanding smart home products offerings are tailwinds.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="However, rising transportation cost related to its free one-day shipping service remains an overhang and is likely to escalate further. Amazon also expects foreign exchange headwinds to continue impacting the top line.” data-reactid=”27″>However, rising transportation cost related to its free one-day shipping service remains an overhang and is likely to escalate further. Amazon also expects foreign exchange headwinds to continue impacting the top line.

<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 Amazon here &gt;&gt;&gt;)” data-reactid=”28″>(You can read the full research report on Amazon here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Johnson &amp; Johnson’s shares have gained 2% over the past three months against the Zacks Large Cap Pharmaceuticals industry’s rise of 6.3%. The Zacks analyst believes that J&amp;J is witnessing significant generic/biosimilar headwinds in the Pharma unit in 2019.” data-reactid=”29″>Johnson & Johnson’s shares have gained 2% over the past three months against the Zacks Large Cap Pharmaceuticals industry’s rise of 6.3%. The Zacks analyst believes that J&J is witnessing significant generic/biosimilar headwinds in the Pharma unit in 2019.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="However, the unit is performing above-market levels supported by contribution from new drugs like Tremfya and successful label expansion of cancer drugs like Imbruvica and Darzalex and immunology drug, Stelara. J&amp;J is also making rapid progress with its pipeline/line extensions. It has already gained FDA approval for two new drugs in 2019, Balversa and Spravato. ” data-reactid=”30″>However, the unit is performing above-market levels supported by contribution from new drugs like Tremfya and successful label expansion of cancer drugs like Imbruvica and Darzalex and immunology drug, Stelara. J&J is also making rapid progress with its pipeline/line extensions. It has already gained FDA approval for two new drugs in 2019, Balversa and Spravato.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Share buybacks and restructuring initiatives should provide bottom-line support. However, headwinds like biosimilar/generic competition and pricing pressure remain. Moreover, J&amp;J faces numerous lawsuits, which allege personal injuries to patients caused by the use of its products.” data-reactid=”31″>Share buybacks and restructuring initiatives should provide bottom-line support. However, headwinds like biosimilar/generic competition and pricing pressure remain. Moreover, J&J faces numerous lawsuits, which allege personal injuries to patients caused by the use of its products.

<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 Johnson &amp; Johnson here &gt;&gt;&gt;)” data-reactid=”32″>(You can read the full research report on Johnson & Johnson here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other noteworthy reports we are featuring today include UnitedHealth (UNH), Boeing (BA) and PetroChina (PTR).” data-reactid=”33″>Other noteworthy reports we are featuring today include UnitedHealth (UNH), Boeing (BA) and PetroChina (PTR).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="7 Best Stocks for the Next 30 Days” data-reactid=”34″>7 Best Stocks for the Next 30 Days

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”” data-reactid=”35″>Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.5% per year. So be sure to give these hand-picked 7 your immediate attention.” data-reactid=”36″>Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.5% per year. So be sure to give these hand-picked 7 your immediate attention.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See them now &gt;&gt;” data-reactid=”37″>See them now >>

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Mark Vickery
Senior Editor” data-reactid=”38″>Mark Vickery
Senior Editor

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly&nbsp;Earnings Trends&nbsp;and&nbsp;Earnings Preview&nbsp;reports. If you want an email notification each time Sheraz publishes a new article, please&nbsp;click here&gt;&gt;&gt;” data-reactid=”39″>Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Strong Service and Benefit Business Aids UnitedHealth (UNH)” data-reactid=”48″>Strong Service and Benefit Business Aids UnitedHealth (UNH)