Tuesday, February 8, 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 Microsoft Corp. (MSFT), Amazon.com, Inc. (AMZN), and Tesla, Inc. (TSLA). 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 >>>

Shares of Microsoft have outperformed the S&P 500 over the past year (+24.5% vs. +16.3%). The Zacks analyst believes that Microsoft has been benefiting from strength in its Azure cloud platform amid accelerated global digital transformation. Continuation of remote work and mainstream adoption of hybrid/flexible work model has been boosting Teams’ user growth.

Recovery in advertising and job market has been supporting LinkedIn and Search revenues. Solid uptake of new Xbox consoles is aiding the gaming segment performance. Microsoft has also been witnessing growth in user base of its different applications including Microsoft 365 suite, Dynamics and Power Platform. Stiff competition in the cloud space is likely to dent margins, though.

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

Amazon shares have lost -11.7% in the past six months against the S&P 500’s fall of -4.3%, however, things seem to improving for it. The Zacks analyst believes that Amazon continues to benefit from its Prime program, delivery and logistic system in the e-commerce space. A dominant position in cloud market is another positive.

Strengthening AWS services portfolio and its growing adoption rate has also been contributing well. A robust smart home products portfolio has been boosting it revenues. Amazon’s strong global presence and solid momentum among the small and medium businesses remain positives. Growing capabilities in grocery, pharmacy, Amazon Care, Kuiper and Zoox remain other tailwinds.

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

Shares of Tesla have gained +27.2% in the last six months against the Zacks Domestic Automotive industry’s gain of +11.6%. The Zacks analyst believes that robust demand for Models 3 and Y has been buoying Tesla's revenues.

Despite the global chip crunch, Tesla’s vehicle deliveries jumped 90% in 2021. Tesla’s ambitious production plan in China bode well as the country has the biggest EV market. Tesla's energy and storage revenues have also been growing on the back of strong performances of Megapack and Powerwall products.

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

Other noteworthy reports we are featuring today include ConocoPhillips (COP), Starbucks Corp. (SBUX) and Zoetis Inc. (ZTS).

Mark Vickery
Senior 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>>>