Published on 31 Aug 2022 on Zacks via Yahoo Finance
Top Analyst Reports for Alphabet, Goldman Sachs & Anheuser-Busch
Wednesday, August 31, 2022 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 Inc. (GOOGL), The Goldman Sachs Group, Inc. (GS) and Anheuser-Busch InBev SA/NV (BUD). 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 >>>
Alphabet shares have declined -24.8% over the past year against the Zacks Internet - Services industry’s decline of -29.4%. The softening ad-spedning outlook is the primary headwind, with growing litigation issues and increasing expenses add to the list to the of concerns about the stock. Nevertheless, a strong cloud division is aiding substantial revenue growth. Moreover, expanding data centers will continue to bolster its presence in the cloud space.
Further, major updates in its search segment are enhancing the search results. Moreover, Google’s mobile search is gaining solid momentum. Also, strong focus on innovation of AI techniques and the home automation space should aid business growth in the long term.