Thursday, September 29, 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 Berkshire Hathaway Inc. (BRK.B), Exxon Mobil Corp. (XOM) and Walmart Inc. (WMT). 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 >>>Berkshire Hathaway shares have underperformed the Zacks Insurance - Property and Casualty industry over the past year (-0.5% vs. +0.4%). The company’s exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of Berkshire. Huge capital expenditures remain a headwind for the company.However, Berkshire Hathaway is one of the largest property and casualty insurance companies measured by premium volume. Berkshire's inorganic growth story remains impressive with strategic acquisitions. A strong cash position supports earnings-accretive bolt-on buyouts and indicates the company's financial flexibility.Continued insurance business growth fuels increase in float, drive earnings and generates maximum return on equity. The non-insurance businesses are delivering improved results with increased revenues over the past few years. A sturdy capital level provides further impetus.(You can read the full research report on Berkshire Hathaway here >>>)Exxon Mobil shares have outperformed the Zacks Oil and Gas - Integrated – International industry over the past year (+51.1% vs. +27.2%). The company’s bellwether status and an optimal integrated capital structure that has historically produced industry-leading returns make it a relatively lower-risk energy sector play. The company made three oil discoveries in the Stabroek Block, which will increase its recoverable resources estimates to 11 billion oil-equivalent barrels.ExxonMobil also has a strong presence in the prolific Permian Basin, where it expects to boost production volumes by 25% in 2022. The company reported strong second-quarter earnings, owing to higher realized commodity prices and solid refinery utilization.ExxonMobil generated cash flow of $20.9 billion from operations and asset divestments in the second quarter. Also, it has significantly lower debt exposure than other integrated majors. Hence, ExxonMobil is considered a preferred energy firm to own now.(You can read the full research report on Exxom Mobil here >>>)Walmart shares have underperformed the Zacks Retail - Supermarkets industry over the past year (-4.5% vs. -3.0%). The company’s consolidated operating income and earnings per share view suggest a decline from the year-ago period figures. The company is encountering cost pressure associated with fuel prices, supply chain and excess inventory. Cost inflation and markdowns hurt its gross margin in the second quarter.However, Walmart has been benefiting from its robust omnichannel operations due to its efforts to enhance both store and online experience. Walmart has been particularly gaining from its efforts to boost delivery services through acquisitions and partnerships.The company’s U.S. comp sales continued to benefit from an increased market share in grocery in the second quarter of fiscal 2023, wherein the top line grew year over year. Management raised its net sales view for fiscal 2023.(You can read the full research report on Walmart here >>>) Other noteworthy reports we are featuring today include Alibaba Group Holding Ltd. (BABA), Accenture plc (ACN), and American Express Co. (AXP).Mark VickerySenior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>Today's Must ReadBerkshire (BRK.B) Continues to Gain From Insurance BusinessExxonMobil (XOM) Banks on Permian and Guyana AssetsWalmart (WMT) Gains on E-Commerce Efforts, Hurt by Cost WoesFeatured ReportsWholesale & Cloud Businesses Momentum Aids Alibaba (BABA)Per the Zacks analyst, growing China and International Commerce businesses are benefiting Alibaba's wholesale business. Further, expanding cloud business is contributing well to its top line.Accenture (ACN) Gains on Service Demand Despite Talent CostPer the Zacks analyst, Accenture is steadily gaining traction in its outsourcing and consulting businesses, backed by high demand for services. A competitive talent market remains a concern.Solid Investments Aid Duke Energy (DUK), Weak Solvency WoesPer the Zacks analyst, Duke Energy's investment in infrastructure and expansion projects tend to boost its long-term growth prospects. However, its weak solvency position remains a bottleneck.Market Share Gains Aid Keurig Dr Pepper's (KDP) Top LinePer the Zacks analyst, Keurig witnesses market share gains from higher household penetration in hot and cold beverages, which is likely to continue. This is supported by marketing and innovation plansSurging Orders to Drive Fortive (FTV) Amid High LeveragePer the Zacks analyst,, Fortive's performance is gaining from increased orders for both software and hardware offerings. However, stiff competition and leveraged balance sheet remain concerns.A Wide Array of Services Continue to Aid AMN Healthcare (AMN)The Zacks analyst is upbeat about AMN Healthcare's expanded portfolio serving a diverse and growing healthcare talent-related needs despite its operation in a fiercely competitive niche space.AmEx (AXP) to Gain From Rising Consumer Spending & BuyoutsPer the Zacks analyst, increased consumer spending and economic recovery will boost volumes, and buyouts would trigger inorganic growth for American Express. Yet, rising costs hurt the bottom line.New UpgradesPaylocity Holding (PCTY) Benefits From Growing Customer BasePer the Zacks Analyst, Paylocity Holding is benefiting from its differentiated employee strategy, comprehensive product offerings and on-demand pay facility, that are helping it win new customers.Cactus (WHD) to Gain From Higher Wellhead Equipment SalesThe Zacks analyst is upbeat about Cactus witnessing higher sales of its wellhead and production-related equipment, which will translate into increased cash flows.Cracker Barrel (CBRL) Rides on Off-premise Business ModelPer the Zacks analyst, Cracker Barrel is benefitting from solid off-premise sales, digital efforts and loyalty program. Also, focus on menu offerings with reduced complexity bode well. New DowngradesCommodity Costs, High Debt Ail Scotts Miracle-Gro (SMG)The Zacks analyst is concerned that higher commodity costs will exert pressure on Scotts Miracle-Gro's margins. Its high debt level is another concern.Higher Input & Production Costs Hurt Kronos Worldwide (KRO)Per the Zacks analyst, a spike in raw material costs due to disruptions in global supply chains will weigh on the company's bottom line. It also faces headwind from higher production costs.Expenses, Tough Operating Backdrop Hurt SVB Financial (SIVB)Per the Zacks analyst, elevated operating expenses are likely to hurt SVB Financial's bottom line. Geopolitical and recessionary fears are other headwinds, which will likely weigh on its financials. FREE Report: The Metaverse is Exploding! Don’t You Want to Cash In? Rising gas prices. The war in Ukraine. America's recession. Inflation. It's no wonder why the metaverse is so popular and growing every day. Becoming Spider Man and fighting Darth Vader is infinitely more appealing than spending over $5 per gallon at the pump. And that appeal is why the metaverse can provide such massive gains for investors. But do you know where to look? Do you know which metaverse stocks to buy and which to avoid? In a new FREE report from Zacks' leading stock specialist, we reveal how you could profit from the internet’s next evolution. Even though the popularity of the metaverse is spreading like wildfire, investors like you can still get in on the ground floor and cash in. Don't miss your chance to get your piece of this innovative $30 trillion opportunity - FREE.>>Yes, I want to know the top metaverse stocks for 2022>>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 Accenture PLC (ACN): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report American Express Company (AXP): Free Stock Analysis Report Berkshire Hathaway Inc. (BRK.B): Free Stock Analysis Report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research