For Immediate Release
Chicago, IL – March 17, 2022 – 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: Morgan Stanley MS, PetroChina Company Ltd. PTR, Duke Energy Corp. DUK, O'Reilly Automotive, Inc. ORLY and The Travelers Companies, Inc. TRV.
Here are highlights from Wednesday’s Analyst Blog:
Top Analyst Reports for Morgan Stanley, PetroChina and Duke 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 Morgan Stanley, PetroChina Company Ltd., and Duke Energy Corp. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
You can see all of today's research reports here >>>
Shares of Morgan Stanley have outperformed the Zacks Financial - Investment Bank industry over the past year (+3.0% vs. -3.8%). The Zacks analyst believes that the company has been continuously making efforts to focus less on the capital markets-driven revenue sources. The acquisitions of Eaton Vance and E*Trade Financial are a step in this direction. Increased focus on corporate lending will keep supporting financials in the quarters ahead.
Also, the company's robust capital deployment activities reflect a solid liquidity position, through which it will enhance shareholder value. However, elevated expenses due to investments in franchise will likely hurt profits. Relatively lower interest rates and uncertainty about the performance of the capital markets make us apprehensive.
(You can read the full research report on Morgan Stanley here >>>)
Shares of PetroChina have underperformed the Zacks Oil and Gas - Integrated – International industry over the past year (+14.2% vs. +26.8%), although higher oil prices are expected to support the state-run giant's upstream unit in the near-to-medium term, per the Zacks analyst. As is evident from the nine-month results, PetroChina's exploration & production segment has been benefiting from the stunning turnaround in commodity prices.
However, the historic oil price crash of 2020 hit PetroChina hard even as the volatility in commodity swings make things challenging for the company. Investors are also worried over PetroChina's limited progress in expanding its international exposure and its weak oil production growth prospects.
(You can read the full research report on PetroChina here >>>)
Shares of Duke Energy have outperformed the Zacks Utility - Electric Power industry over the past year (+16.2% vs. +8.3%). Duke Energy is a premier utility service provider that invests heavily in infrastructure and expansion projects.
During the 2022-2026 period, the company projects to spend the capital of $63 billion while $130 billion over the next decade. It has lowered its carbon emissions by 44% since 2005 and aims at electrifying all its light-duty vehicles by 2030. Renewables are projected to be Duke Energy's largest source of energy by 2050.
However, the Zacks analyst believes that the company's ability to achieve a net-zero target by 2050 at a cost-effective price could be at risk due to higher technological resources prices. Also fluctuating energy prices may impact Duke Energy's results.
(You can read the full research report on Duke Energy here >>>)
Other noteworthy reports we are featuring today include O'Reilly Automotive, Inc., and The Travelers Companies, Inc.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Morgan Stanley (MS) : Free Stock Analysis Report
Duke Energy Corporation (DUK) : Free Stock Analysis Report
The Travelers Companies, Inc. (TRV) : Free Stock Analysis Report
PetroChina Company Limited (PTR) : Free Stock Analysis Report
O'Reilly Automotive, Inc. (ORLY) : Free Stock Analysis Report
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