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The Zacks Analyst Blog Highlights Continental Resources, SVB Financial, Hewlett Packard Enterprise, International Paper

For Immediate Release

Chicago, IL – October 6, 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: MSCI Inc. MSCI, Continental Resources, Inc. CLR, SVB Financial Group SIVB, Hewlett Packard Enterprise Co. HPE, and International Paper Co. IP

Here are highlights from Wednesday’s Analyst Blog:

Top Analyst Reports for MSCI, Continental Resources and SVB Financial

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 MSCI Inc., Continental Resources, Inc. and SVB Financial Group. 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 >>>

MSCI shares have declined -24.5% over the past year against the Zacks Business - Software Services industry's decline of -28.5%. The company has a leveraged balance sheet, which is a concern. Nevertheless, its top line benefited from solid growth in recurring subscriptions.

MSCI is gaining strong demand for custom and factor index modules, recurring revenue business model and the growing adoption of its ESG solution in the investment process. MSCI's expanding portfolio of climate tools is noteworthy. Acquisitions have enhanced MSCI's ability to provide climate-risk assessment and assist investors with climate-risk disclosure requirements.

MSCI's new portfolio foot-printing tool has extended climate analysis to municipal bonds and securitized products. Moreover, a strong traction from client segments like wealth management, banks and hedge funds is a positive.

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

Continental Resources shares have outperformed the Zacks Oil and Gas - Exploration and Production - United States industry over the past year (+42.2% vs. +40.4%). The company has a premier position in the Bakken region, which is one of the largest onshore oilfields in the United States. Its operations in the SCOOP and STACK plays of Oklahoma generate huge profits.

Continental Resources has acquired Delaware Basin assets from Pioneer Natural Resources, marking its entry into the prolific Permian Basin. The acquisition has brightened its long-term production outlook. Also, the company has maintained its average oil production upward to 200,000-210,000 Bbls/d for the year. With high oil prices, higher production is expected to boost the company's profitability.

However, Continental's significant exposure to debt is concerning. Higher production costs will affect its bottom-line. Also, the aggressive capital budget remains a headwind for the company. As such, the stock warrants a cautious stance.

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

SVB Financial shares have underperformed the Zacks Banks - West industry over the past year (-44.5% vs. -23.2%). Several macroeconomic and geopolitical concerns will likely continue to weigh on its financials in the next few quarters. Additionally, elevated expenses are expected to hurt the bottom line to an extent.

However, the company has an impressive earnings surprise history. The company's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Higher rates, growth in loans and deposit balances, efforts to improve non-interest income, and the company's global expansion strategy will likely keep aiding financials.

The acquisitions of Boston Private, MoffettNathanson and the debt investment business of WestRiver Group are expected to be earnings accretive and will help SVB Financial further cement its foothold in the innovation economy.

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

Other noteworthy reports we are featuring today include Hewlett Packard Enterprise Co., and International Paper Co..

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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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International Paper Company (IP) : Free Stock Analysis Report
 
MSCI Inc (MSCI) : Free Stock Analysis Report
 
Continental Resources, Inc. (CLR) : Free Stock Analysis Report
 
SVB Financial Group (SIVB) : Free Stock Analysis Report
 
Hewlett Packard Enterprise Company (HPE) : Free Stock Analysis Report
 
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