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The Zacks Analyst Blog Highlights: Microsoft, JPMorgan, Honeywell International, Novo Nordisk and Starbucks

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For Immediate Release

Chicago, IL – April 20, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Microsoft Corporation (MSFT - Free Report) , JPMorgan Chase & Co. (JPM - Free Report) , Honeywell International Inc. (HON - Free Report) , Novo Nordisk A/S (NVO - Free Report) and Starbucks Corporation (SBUX - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Microsoft, JPMorgan and Honeywell

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, JPMorgan Chase, and Honeywell International. 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 slightly underperformed the S&P 500 over the past year (+48.5% vs. +51.2%). The Zacks analyst believes that Microsoft is benefiting from momentum in Azure, impressive Teams user growth triggered by coronavirus-led digital transformation, work-from-home, online learning wave and tele healthcare trends.

Further, the company is gaining from growing user base of its different applications including Microsoft 365 suite, and Dynamics. However, macroeconomic weakness in job market and lower spend on advertising due to coronavirus pandemic are likely to put pressure on LinkedIn and Search revenues.

Moreover, delays in consulting business are anticipated to limit growth. Increasing expenditure on Azure enhancements amid stiff competition from Amazon Web Services, is likely to impede margin expansion.

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

JPMorgan's shares have gained +51.8% over the last six months against the Zacks Major Regional Banks industry's gain of +57.2%. The Zacks analyst believes that branch openings in new regions, inorganic expansion efforts and a strong mortgage banking business are likely to keep supporting financials.

While the Fed's accommodative policy and near-zero rates are expected to hurt interest income and margins, gradual economic recovery will likely lead to rise in demand for loans. However, coronavirus-induced economic downturn has not only hampered business activities but also continues to hurt loan demand.

Its impressive capital deployments reflect earnings strength and solid balance sheet. These capital deployment actions are likely to enhance shareholder value.

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

Shares of Honeywell have gained +11% in the past three months against the Zacks Diversified Operations industry's gain of +10.7%. The Zacks analyst believes that strength in defense and space businesses as well as solid demand for warehouse automation products are likely to boost Honeywell's revenues in the quarters ahead.

Also, strong demand for personal protective equipment, along with a strong backlog conversion rate, will act as major tailwinds. Furthermore, increased commercial and operational excellence initiatives are likely to improve its near-term profitability.

The company believes that the coronavirus outbreak-led market downturn and weak commercial aerospace will adversely impact its near-term results. Given its extensive geographic presence, its business is subject to political, economic and geopolitical risks.

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

Other noteworthy reports we are featuring today include Novo Nordisk and Starbucks.

Zacks Top 10 Stocks for 2021

In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?

Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys.

Access Zacks Top 10 Stocks for 2021 today >>

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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