The Zacks Analyst Blog Highlights: Johnson & Johnson, Home Depot, Toyota, Oracle and Intuit

TM JNJ HD ORCL INTU

For Immediate Release

Chicago, IL – December 21, 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: Johnson & Johnson (JNJ - Free Report) , The Home Depot, Inc. (HD - Free Report) , Toyota Motor Corporation (TM - Free Report) , Oracle Corporation (ORCL - Free Report)  and Intuit Inc. (INTU - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Johnson & Johnson, The Home Depot and Toyota

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 Johnson & Johnson, Home Depot and Toyota. 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 Johnson & Johnson have underperformed the Zacks Large Cap Pharmaceuticals industry over the past year (+12.7% vs. +24.9%), however, things seem to be improving for it. The Zacks analyst believes that Johnson & Johnson’s efforts to diversify make it relatively resilient amid macroeconomic turmoil.

JNJ is making rapid progress with its pipeline and line extensions. Several pivotal data readouts and regulatory milestones are expected in the near term. The Medical Devices segment is demonstrating a recovery after its sales were hurt in the early stages of the pandemic. Sales of the Consumer unit are improving. Numerous lawsuits that allege personal injuries to patients, caused by the use of its products, remains a major headwind though.

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

The Home Depot shares have gained +49.1% in the year to date period against the Zacks Retail Building Products industry’s gain of +45.6%. The Zacks analyst believes that Home Depot has been benefiting significantly from the execution of its One Home Depot plan, which focuses on expanding supply chain, technology investments and digital enhancements.

HD reported six straight quarters of earnings and sales beat reported in third-quarter fiscal 2021. Results gained from continued demand for home-improvement projects, robust housing market and ongoing investments. Home Depot, however, reported soft gross margin in the fiscal third quarter mainly driven by higher cost of goods sold arising from higher transportation costs and mix of products sold.

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

Shares of Toyota Motor Corporation have gained +2.9% in the last six months against the Zacks Foreign Automotive industry’s loss of -10%. The Zacks analyst believes that Toyota’s focus on developing electric and driverless cars is likely to boost revenues, going forward.

TM projects fiscal 2022 operating income at ¥2.8 trillion, up 27.4% year over year. Strategic collaborations with Subaru and Mazda are likely to aid Toyota’s ambitious e-mobility goals. High capex and R&D expenses on advanced technologies, however, are expected to dent near-term margins for the firm. Toyota's high debt levels has also been weighing on its financial flexibility.

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

Other noteworthy reports we are featuring today include Oracle and Intuit.

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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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