The Zacks Analyst Blog T-Mobile, Salesforce, Alibaba and Old Point Financial

Group 1: T-Mobile US, Inc. (TMUS) - T-Mobile's shares have outperformed the Zacks Wireless National industry over the past year, with a growth of +62.2% compared to +45.5% for the industry [4] - The company achieved a significant increase in service revenues, driven by the addition of 6.1 million postpaid net customers in 2024, marking the best performance in the industry [4][5] - Solid growth in free cash flow indicates efficient capital management, positioning the company well for growth initiatives, debt repayment, and dividends [5] Group 2: Salesforce, Inc. (CRM) - Salesforce shares have underperformed the Zacks Computer - Software industry over the past year, declining by -12.8% compared to -6% for the industry [7] - The company is experiencing strong demand due to customers undergoing digital transformation, which is positively impacting revenue [8] - Continued international deal wins and the acquisition of Slack enhance its competitive position, with projected revenue growth at a CAGR of 8.9% through fiscal 2025-2028 [9] Group 3: Alibaba Group Holding Ltd. (BABA) - Alibaba's shares have outperformed the Zacks Internet - Commerce industry over the past year, increasing by +49.3% compared to +4.8% for the industry [10] - The company's growth is supported by the monetization of Taobao and Tmall, as well as strong performance in its international commerce retail business [10][11] - Despite strong performance, non-GAAP earnings of $2.93 per ADS fell short of estimates, indicating a complex growth narrative [11] Group 4: Old Point Financial Corp. (OPOF) - Old Point Financial shares have significantly outperformed the Zacks Banks - Southeast industry, with a growth of +158.2$2.02 for 2024 and projected 2025 EPS, supporting a valuation upside at 12.5X forward P/E [12][13] - Efficiency improvements are evident with a 2% drop in noninterest expenses and an improved efficiency ratio, contributing to a ROAE of 9.96% and ROAA of 0.77% [13]