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The Zacks Analyst Blog Highlights McDonald's, BlackRock, BP, SAP and Fiserv

For Immediate Release

Chicago, IL – November 29, 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: - McDonald's Corp. MCD, BlackRock, Inc. BLK, BP p.l.c. BP, SAP SE SAP and Fiserv, Inc. FISV

Here are highlights from Monday’s Analyst Blog:

Top Research Reports for McDonald's, BlackRock and BP

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 McDonald's Corp., BlackRock, Inc. and BP p.l.c.. 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 >>>

McDonald's shares have outperformed the Zacks Retail - Restaurants industry over the past year (+9.8% vs. -3.3%). The company's increased focus on menu innovation and loyalty program expansion is commendable. It is also undertaking every effort to drive growth in international markets.

Robust digitalization will help the company in driving long-term growth and capturing market share. It is planning to open more than 1,800 restaurants globally in 2022, which includes 500 openings in the United States and IOM segment and 1,300 (including nearly 800 in China) inaugurations in the IDL market.

However, restaurant closures in Russia and Ukraine, coupled with inflationary pressures on labor and commodities, remain headwinds. The company stated that recovery in China remains challenging due to ongoing COVID resurgences and related lockdowns.

(You can read the full research report on McDonald's here >>>)

Shares of BlackRock have underperformed the Zacks Financial - Investment Management industry over the past year (-20.5% vs. -18.6%). The company is facing elevated expenses (mainly owing to higher administration costs) which are expected to hurt the company's bottom line. Also, the company's high dependence on overseas revenues is worrisome. The rise in equity market volatility and a fall in asset prices make us apprehensive.

However, BlackRock has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Its third-quarter 2022 results were aided by lower costs.

BlackRock continues to restructure the equity business, which, along with strategic acquisitions, will keep supporting revenue growth, and help expand market share and footprints globally. Robust assets under management (AUM) balance will likely further support the top line.

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

BP's shares have gained +34.7% over the past year against the Zacks Oil and Gas - Integrated - International industry's gain of +54.4%. The company has a strong portfolio of upstream projects, backing impressive production growth. The company boasted that the target of adding a net production of 900 thousand barrels of oil equivalent per day by 2021 from key projects has been met successfully.

BP has set an aggressive energy transition plan to capitalize on the mounting demand for clean energy. Currently, high oil prices are aiding the company's upstream operations. Notably, BP announced plans to execute a $3.5-billion share buyback, which is expected to be completed before reporting the third-quarter results.

However, the company's balance sheet is considerably more levered than most peers, thereby limiting its financial flexibility. Also, increasing costs and expenses has been adversely affecting the energy giant's income. As such, the stock warrants a cautious stance.

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

Other noteworthy reports we are featuring today include SAP SE and Fiserv, Inc..

Why Haven't You Looked at Zacks' Top Stocks?

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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.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BP p.l.c. (BP) : Free Stock Analysis Report

BlackRock, Inc. (BLK) : Free Stock Analysis Report

McDonald's Corporation (MCD) : Free Stock Analysis Report

Fiserv, Inc. (FISV) : Free Stock Analysis Report

SAP SE (SAP) : Free Stock Analysis Report

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Zacks Investment Research