Main Action Reports for Berkshire Hathaway, CocaCola and Oracle – June 4, 2021


Friday, June 4, 2021

Zacks Research Daily features the best research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), The CocaCola Company (KO) and Oracle Corporation (ORCL). These research reports were handpicked from the roughly 70 reports released by our team of analysts today.

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

Berkshire Hathaway Stocks outperformed the Zacks Insurance – Property and Casualty sector in the last one-year period (+ 45.5% vs. + 31.4%) thanks to the financial conglomerate’s impressive investments over the years. A strong cash position supports accretive business buyouts and indicates the financial flexibility of the business.

The continued growth of the insurance business is fueling increased free float, driving earnings and generating maximum return on equity. Non-insurance activities perform better with increased revenues in recent years. A strong level of capital provides additional impetus.

However, exposure to catastrophic losses induces earnings volatility and also affects Berkshire’s property and casualty underwriting results. Huge capital expenditure remains a hindrance for the company.

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

Actions of Coca Cola slightly outperformed the Zacks Beverage Industry – Non-Alcoholic Beverages over the past three months (+ 9.6% vs. + 7.8%), driven by its strong surprise earnings trend that continued into Q1 2021 This is the sixth consecutive quarter of the earnings beat.

Additionally, the first row exceeded estimates after reporting a failure in the previous quarter. Additionally, revenue grew 5% year over year, while organic revenue increased 6%. The Zacks analyst believes that the company’s revenue benefited from a better price / mix ratio and increased sales of concentrates. The gains from aggressive cost management helped margins. The company is poised to take advantage of the rationalization of the portfolio and the acceleration of investments to expand its digital presence.

However, continued pressure on the out-of-home channel, which accounts for almost half of its revenues, has affected revenues. Additionally, gains in the global value share of NARTD beverages were offset by a negative channel mix.

(You can read the full CocaCola research report here >>>)

Oracle stocks have outperformed the Zacks Computer – Software industry during the period since the start of the year (+ 25.3% versus + 8.9%). Zacks analyst believes that Oracle is benefiting from the continued momentum seen across its cloud business, through strong adoption of data cloud solutions, enterprise resource planning (ERP) offerings ) and stand-alone database.

In addition, the strong adoption of cloud-based solutions, including NetSuite ERP and Fusion ERP, bodes well. Additionally, companies like MercadoLibre, Xactly, 8×8 and Zoom Video have selected Oracle Cloud Infrastructure services, which is testament to the strength of its cloud offerings. Strong demand for the Oracle Cloud @ Customer Dedicated Region supported by ML is also expected to drive revenue. In addition, the partnership with Accenture promotes prospects.

However, increased spending on product improvement in a context of strong competition in the cloud market is likely to limit the expansion of margins.

(You can read the full Oracle research report here >>>)

Other noteworthy reports we feature today include Bristol-Myers Squibb Company (BMY), General Motors Company (GM) and FedEx Corporation (FDX).

5 actions in the process of doubling

Each has been selected by a Zacks expert as the # 1 favorite stock to earn + 100% or more in 2020. Each comes from a different industry and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stock in this report is flying under Wall Street’s radar, which provides a great opportunity to get into the ground floor.

Today, discover these 5 potential circuits >>

Sheraz Mian

Research Director

Note: Sheraz Mian heads the equity research department at Zacks and is a renowned expert on aggregate earnings. He is frequently cited in print and electronic media and publishes the weekly Income trends and Income overview reports. If you would like to receive an email notification every time Sheraz publishes a new article, please click here >>>

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