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The Zacks Analyst Blog Highlights: Alibaba, Disney, Morgan Stanley, Enbridge and Honda

For Immediate Release

Chicago, IL –December 12, 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: Alibaba Group BABA, Disney DIS, Morgan Stanley MS, Enbridge ENB and Honda Motor HMC.

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for Alibaba, Disney and Morgan Stanley

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 Alibaba Group, Disney and Morgan Stanley. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

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You can see all of today’s research reports here >>>

Alibaba’s shares have outperformed the Zacks Internet Commerce industry year to date (8.2% vs. 8.1%). The Zacks analyst believes that the company’s increasing investments, uncertain economy and macro headwinds in China are major concerns. Also, rising competition poses a risk.

Alibaba reported strong fiscal second-quarter earnings driven by steady improvement in core commerce and solid growth in metrics. Further, Alibaba’s strengthening cloud business with its expanding customer base drove its performance. Notably, the New Retail strategy has gained momentum in the markets served by the company. This aided growth in Tmall Import and Hema fresh food grocery businesses.

(You can read the full research report on Alibaba here >>>)

Shares of Disney have gained 7% in the past three months against the Zacks Media Conglomerates industry’s rise of 6.1%. The Zacks analyst believes that Disney is expected to benefit from its solid slate of theatrical releases in the near term.

Disney reported impressive fourth-quarter fiscal 2019 results, driven by a solid top-line performance in the Studio Entertainment and DTC businesses. However, higher operating losses in the DTC segment and Media Networks’ operating income decline hurt profitability.

Moreover, Disney+ has gained more than 10 million subscribers within 24 hours of its launch, making it a key catalyst for the company’s prospects. However, the company anticipates higher operating losses in the DTC & International segment due to the ongoing investments. Moreover, increasing operating expenses related to domestic parks and resorts are expected to negatively impact profitability.

(You can read the full research report on Disney here >>>)

Morgan Stanley's shares have gained 15.1% over the past six months against the Zacks Investment Banking industry's rise of 10.2%. The Zacks analyst believes that the acquisition of Solium Capital is in sync with the company’s efforts to further strengthen its wealth management business.

The company has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Moreover, steady loan growth, strong balance sheet position and the company's continued focus on its corporate lending business are expected to continue to aid profitability.

However, weaknesses in investment banking and trading are expected to hinder fee income growth to some extent and hurt the company’s top line. Given the decline in interest rates and a tough operating backdrop, the company’s performance is expected to remain sluggish in the near term.

(You can read the full research report on Morgan Stanley here >>>)

Other noteworthy reports we are featuring today include Enbridge and Honda Motor.

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Zacks Investment Research

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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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The Walt Disney Company (DIS) : Free Stock Analysis Report
 
Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report
 
Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report
 
Morgan Stanley (MS) : Free Stock Analysis Report
 
Enbridge Inc (ENB) : Free Stock Analysis Report
 
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