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The Zacks Analyst Blog Highlights Exxon Mobil, T-Mobile US, Intuitive Surgical, Texas Instruments and Infosys

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For Immediate Release

Chicago, IL – November 1, 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: Exxon Mobil Corp. (XOM - Free Report) , T-Mobile US, Inc. (TMUS - Free Report) , Intuitive Surgical, Inc. (ISRG - Free Report) , Texas Instruments Inc. (TXN - Free Report) and Infosys Ltd. (INFY - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for ExxonMobil, T-Mobile and Intuitive Surgical

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 Exxon Mobil Corp., T-Mobile US, Inc. and Intuitive Surgical, Inc.. 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 Exxon Mobil have outperformed the Zacks Oil and Gas - Integrated - International industry over the past year (+69.3% vs. +41.6%). The company's bellwether status and an optimal integrated capital structure that has historically produced industry-leading returns make it a relatively lower-risk energy sector play.

Exxon Mobil has made more than 30 discoveries in offshore Guyana since 2015. ExxonMobil also has a strong presence in the prolific Permian Basin, where it expects to boost production volumes by 25% in 2022. The energy major has significantly lower debt exposure than composite players belonging to the industry. XOM recently reported strong third-quarter earnings owing to higher prices and production, and strong refining margins.

However, the company has been constantly bearing the brunt of increasing expenses, adversely affecting the income. Also, the aggressive capital budget remains a headwind for the company. As such, the stock warrants a cautious stance.

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

Shares of T-Mobile have outperformed the Zacks Wireless National industry over the past year (+28.2% vs. -13.8%). The company reported relatively modest third-quarter 2022 results with industry-leading growth in postpaid and broadband customers driven by superior 5G network and focus on customers. It is on track to complete the Sprint customer network decommissioning by the year-end.

T-Mobile has augmented its 5G footprint by introducing 5G Home Internet services in several states. With healthy demand trends, T-Mobile has raised the guidance for 2022 across the board.

However, it operates in a fiercely competitive and almost saturated U.S. telecom market, which lowers its growth potential to some extent. Several promotional activities to lure additional customers are further eroding its profitability. Furthermore, it is engaging in leasing strategy to gain customers, thereby exposing it to credit risk. Debt obligation woes also persist.

(You can read the full research report on T-Mobil here >>>)

Intuitive Surgical's shares have declined -30.7% over the past year against the Zacks Medical - Instruments industry's decline of -33.5%. The company is facing stiff competition in the global MedTech space and rising costs remain a concern. Nevertheless, its da Vinci procedure volume demonstrated strong recovery in the first nine months of 2022, a trend likely to continue in upcoming quarter.

Intuitive Surgical's revenue growth in the quarter under review reflected a rise in revenues from procedures, system placements and services across all markets. Per management, strong U.S. dollar, lingering supply chain issues and inflation hurt operating margin.

Despite this challenging environment, Intuitive Surgical witnessed healthy customer demand for its products in the quarter under review. A stable liquidity position is an added plus.

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

Other noteworthy reports we are featuring today include Texas Instruments Inc. and Infosys Ltd.

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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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