For Immediate Release
Chicago, IL – November 12, 2020 – 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: Facebook, Inc. (
FB Quick Quote FB - Free Report) , Verizon Communications Inc. ( VZ Quick Quote VZ - Free Report) , Toyota Motor Corporation ( TM Quick Quote TM - Free Report) , Novo Nordisk A/S ( NVO Quick Quote NVO - Free Report) , Applied Materials, Inc. ( AMAT Quick Quote AMAT - Free Report) and General Motors Company ( GM Quick Quote GM - Free Report) . Here are highlights from Tuesday’s Analyst Blog: Top Research Reports for Facebook, Verizon 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 Facebook, Verizon Communications and Toyota Motor. 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 >>> Facebook shares have outperformed the S&P 500 in the year-to-date period (+35% vs. +10.4%), with the company benefiting from steady user growth across all regions, particularly Asia Pacific.
Increased engagement for its products like Instagram, WhatsApp, Messenger and Facebook Watch is a major growth driver. However, Facebook expects user-base growth to be flat or slightly down in the United States and Canada in the fourth quarter of 2020, sequentially.
The company expects ad-revenue growth on a year-over-year basis to be better than the third quarter’s growth rate, driven by continued strong advertiser demand during the holiday season. However, changes made by Apple and Google in their mobile operating systems and browser platforms have limited Facebook’s ability to track user-activity trend, which is a headwind.
) read the full research report on Facebook here >>>
Verizon have gained +2.3% over the past year against the Zacks Wireless National industry’s fall of -0.7%. The Zacks analyst believes that Verizon is likely to benefit from a disciplined network strategy, including accelerated 5G deployment despite economic uncertainties stemming from the COVID-19 crisis.
The company has been building its 5G Ultra Wideband network to enable innovations that will support the evolving customer behavior. Verizon expects to witness strong 5G momentum heading into the fourth quarter of 2020 backed by customer-centric business model and diligent execution of operational plans.
The company updated its earlier guidance for 2020 based on the resilient earnings performance and projected trends. However, Verizon is facing challenges within the media business due to sluggish advertising trends. It operates in a fiercely competitive U.S. wireless market that strains margins. The company is spending heavily on promotion and lucrative discounts to attract customers, which further erodes profitability.
) read the full research report on Verizon here >>> Toyota Motor shares have gained +19% over the past six months against the Zacks Foreign Automotive industry’s rise of +36.6%. The Zacks analyst believes that the Japan-based auto giant’s array of brands such as Lexus and Scio position it well and are expected to boost the top and bottom lines.
With electric vehicles (EV) becoming the hottest trend, Toyota aims to achieve half of the global sales from EVs by 2025. Toyota’s partnership with Subaru and Mazda is likely to drive its electrification plans. Amid the gradual recovery of the auto market, Toyota has boosted its fiscal 2021 guidance.
However, fiscal 2021 sales are still expected to decline year over year, thanks to the coronavirus pandemic. High R&D expenses, as well as increased labor and raw material costs are likely to dent near-term margins. Elevated leverage and declining cash flows of the firm may restrict financial flexibility.
) read the full research report on Toyota Motor here >>>
Other noteworthy reports we are featuring today include Novo Nordisk, Applied Materials and General Motors.
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