Top Analyst Reports for Alibaba, Linde & Abbott

Mark Vickery
6 min read

In This Article:

Tuesday, October 15, 2024

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 Alibaba Group Holding Ltd. (BABA), Linde plc (LIN) and Abbott Laboratories (ABT), as well as a micro-cap stock Value Line, Inc. (VALU). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

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 >>>

Alibaba’s shares have outperformed the Zacks Internet - Commerce industry year-to-date (+42.1% vs. +24.3%). The company is benefiting from strong momentum in its international commerce retail business, driven by strength in AliExpress’ Choice. Growing international commerce wholesale business, thanks to strength in cross-border-related value-added services, is a tailwind.

Expanding China's wholesale commerce business is a positive. Robust local consumer services and Cainiao logistics services are further driving top-line growth. Strength in Lazada, AliExpress and Trendyol is expected to continue benefiting Alibaba’s international business. Solid adoption of public cloud products remains a plus.

However, rising expenses related to new initiatives, and sluggish China commerce retail business are a concern. Macroeconomic uncertainties and unfavorable foreign exchange fluctuations are risks.

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

Shares of Linde have outperformed the Zacks Chemical - Specialty industry year-to-date (+17.4% vs. -13.9%). The company, being a global leader in industrial gas manufacturing, supplies a wide range of essential gases to industries such as energy, steel, healthcare, manufacturing and electronics. The firm secures long-term contracts with key on-site clients featuring minimum purchase agreements, helping to stabilize earnings during economic downturns.

With a track record of raising dividends for 31 consecutive years, Linde remains committed to rewarding shareholders, supported by its robust business model. However, increasing competition for new projects poses challenges to the company's return on investment.

Additionally, the volatility of energy prices, particularly for natural gas and diesel fuel, presents a significant concern about profitability. Increasing regulatory burdens may negatively impact the industrial gas producer’s overall financial health.

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

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