Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights: JPMorgan Chase & Co., Nike, Inc., and Union Pacific Corporation

Read MoreHide Full Article

For Immediate Release

Chicago, IL – January 18, 2022 – 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: JPMorgan Chase & Co. (JPM - Free Report) , Nike, Inc. (NKE - Free Report) , and Union Pacific Corporation (UNP - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for JPMorgan, Nike and Union Pacific

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 JPMorgan Chase & Co. (JPM), Nike, Inc. (NKE), and Union Pacific Corporation (UNP). 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 JPMorgan lost ground following last week's Q4 earnings report when the company beat EPS estimates but modestly missed on revenues. More important than the top-line miss was management's outlook on the costs side that were significantly above what analysts were projecting. These issues aside, the Zacks analyst sees the company as well positioned given its diversified business, strategic add-on acquisitions, as well as the initiatives to expand into new markets.

Opening new branches, digitization initiatives, and a robust IB pipeline are expected to support JPMorgan's financials. JPM is likely to keep enhancing shareholder value through impressive capital deployment activities. Lower interest rates in the near term, however, weigh on its margins. Normalization of the trading business is another major headwind.

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

Nike shares have lost -5.7% over the past six months against the Zacks Shoes and Retail Apparel industry’s loss of -5.8%. Nike expects to experience volatility in fiscal 2022 on the back of disruptions caused by the COVID-variants. The inventory supply is also likely to significantly lag consumer demand in the year across brands.

The Zacks analyst, however, believes that return of sports activity, reopening of stores and continued growth of Nike Digital due to rapid digitization efforts aided Nike’s Q2 revenues. Nike Direct business also benefited from robust growth in North America Direct, including record sales during the Black Friday week. NKE remains on track to deliver on its fiscal 2025 outlook.

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

Shares of Union Pacific have gained +9.5% in the last three months against the Zacks Rail industry’s gain of +5.6%. The Zacks analyst is impressed with Union Pacific's efforts to reward its shareholders even during the current uncertain times. UNP's strong free cash flow generating ability also supports its shareholder-friendly activities.

In December 2021, Union Pacific's board announced a 10% hike in its quarterly dividend. Management anticipates share repurchases worth roughly $7 billion in 2021. Uptick in freight revenues as economic activities pick up the pace is another major positive. Increase in expenditure on fuel, however, has been weighing on the margins.

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

Other noteworthy reports we are featuring today include  BlackRock, Inc. (BLK) and Lam Research Corp. (LRCX).

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com                                      

https://www.zacks.com                                                   

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/performancefor information about the performance numbers displayed in this press release.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


JPMorgan Chase & Co. (JPM) - free report >>

NIKE, Inc. (NKE) - free report >>

Union Pacific Corporation (UNP) - free report >>

Published in