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The Zacks Analyst Blog Highlights: Tesla, JPMorgan, Oracle, Amgen and Lam Research

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For Immediate Release

Chicago, IL – September 29, 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: Tesla, Inc. (TSLA - Free Report) , JPMorgan Chase & Co. (JPM - Free Report) , Oracle Corporation (ORCL - Free Report) , Amgen Inc. (AMGN - Free Report) and Lam Research Corp. (LRCX - Free Report) .

Here are highlights from Tuesday’s Analyst Blog:

Top Analyst Reports for Tesla, JPMorgan and Oracle

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 Tesla, JPMorgan and Oracle. 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 Tesla have handily outperformed the Zacks Domestic Automotive industry over the past year (+85.6% vs. +46.8%) on the back of increasing automotive revenues as well as energy generation and storage revenues. 

Rising Model 3/Y delivery has also been aiding the company’s growth. Its Shanghai operations are likely to boost revenues further, capitalizing on China’s huge EV market. Construction of Berlin and Texas gigafactories are well on track, with production expected to commence this year. The company’s high research and development (R&D) as well as selling, general and administrative (SG&A) costs are major concerns though.

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

JPMorgan shares have gained +9% in the last three months against the Zacks Major Regional Banks industry’s gain of +7.2%. The Zacks analyst believes that JPMorgan's robust loan and deposit balances, strategic acquisitions, as well as the initiatives to expand the branch network in new markets will keep supporting its profitability.

Its earnings strength and a solid balance sheet is likely to enhance shareholder value. Despite the economic recovery, pandemic-related woes continue to weigh on the company’s prospects. Near-zero interest rates, fee income growth challenges and mounting costs are some of the other major headwinds that keep might weigh on JPMorgan’s revenue growth in the near term.

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

Shares of Oracle have gained +43.5% in the year to date period against the Zacks Computer Software industry’s gain of +29.2%. The Zacks analyst believes that Oracle’s growing cloud business and its latest autonomous database bodes well for the long term.

The company's software-as-a-service (SaaS), infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) products are likely to grow strongly over the next few years as enterprises increasingly transition to the cloud. Sturdy demand for the Oracle Dedicated Region Cloud@Customer is also anticipated to drive the top line. Stiff competition, lawsuits as well as high integration risks are likely to impact Oracle though.

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

Other noteworthy reports we are featuring today include Amgen and Lam Research.

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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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