
Top Research Reports for salesforce, Shopify & AstraZeneca

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
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 salesforce.com (CRM), Shopify (SHOP), and AstraZeneca (AZN). 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 Salesforce have underperformed the Zacks Computer Software industry in the year-to-date period (+10.7% vs. +15.9%), but the Zacks analyst sees the company as well positioned to benefit from a robust demand environment as customers are undergoing a major digital transformation.
Moreover, the recent deal to acquire Slack would position the company to be a leader in enterprise team collaboration solution space and better compete with Microsoft’s Teams product. However, unfavorable currency fluctuations along with increasing investments in international expansions and data centers are an overhang on the near-term profitability.
(You can read the full research report on salesforce here >>>)
Shopify shares have gained +14.3% over the last six months against the Zacks Internet Services industry’s gain of +27.2%, reflecting the market's skepticism about the company's outlook in the post-pandemic world.
An uptick in Shopify Shipping, Shopify Payments and Shopify Capital has consistently driven the top line. Additionally, partnerships with TikTok, Walmart and Facebook are likely to expand merchant base. However, higher investments on product development amid stiff competition in the e-commerce space will limit margin expansion in the near term.
(You can read the full research report on Shopify here >>>)
Shares of AstraZeneca have gained +17.2% in the past three months against the Zacks Large Cap Pharmaceuticals industry’s gain of +9.7%. The Zacks analyst believes that AstraZeneca’s products like Nexium and Seroquel are facing generic competition, which are weighing on its sales.
However, newer drugs such as Tagrisso and Imfinzi are likely to keep driving revenues. The company also has a strong pipeline with a spate of phase III data readouts lined up for the current year. It has also engaged in external acquisitions and strategic collaborations to boost its pipeline while investing in high growth geographic areas like China.
(You can read the full research report on AstraZeneca here >>>)
Other noteworthy reports we are featuring today include Prologis (PLD), Micron Technology (MU) and Ecolab (ECL).
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Sheraz Mian
Director of Research
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Get the latest research report on AZN - FREE
Get the latest research report on CRM - FREE
Get the latest research report on ECL - FREE
Get the latest research report on PLD - FREE
Get the latest research report on MU - FREE
Get the latest research report on SHOP - FREE