Published on 28 Jul 2022 on Zacks via Yahoo Finance
Thursday, July 28, 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), Marsh & McLennan Companies, Inc. (MMC), and Pioneer Natural Resources Company (PXD). 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 -16.7% over the past year against the Zacks Internet - Services industry’s decline of -32.0%. The company’s growing litigation issues and increasing expenses are concerns. However, strong cloud division is aiding substantial revenue growth. Moreover, expanding data centers will continue to bolster its presence in the cloud space.