For Immediate Release
Chicago, IL – January 26, 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: NIKE, Inc. (
NKE Quick Quote NKE - Free Report) , Amgen Inc. ( AMGN Quick Quote AMGN - Free Report) , Morgan Stanley ( MS Quick Quote MS - Free Report) , Vertex Pharmaceuticals Incorporated ( VRTX Quick Quote VRTX - Free Report) and Moderna, Inc. ( MRNA Quick Quote MRNA - Free Report) . Here are highlights from Monday’s Analyst Blog: Top Stock Reports for Nike, Amgen and Morgan Stanley
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including NIKE, Amgen and Morgan Stanley. 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 >>> NIKE shares have outperformed the Zacks Shoes and Retail Apparel industry over the past year (+39% vs. +35.5%). The Zacks analyst believes that even as stores reopen, NIKE witnesses strong digital trends, which demonstrates the strength of its brands and investments made over the past several years to improve digital consumer experiences.
Digital sales for the NIKE brand improved in double digits across EMEA, Greater China and APLA along with triple-digit growth in North America. Moreover, it started the holiday season on a strong note with record online sales during the Black Friday week.
However, it is witnessing lower revenues at the wholesale business and NIKE-owned stores. Higher restructuring costs and continued investments in digital capabilities also acted as headwinds. SG&A expenses are envisioned to grow in low-single digit in fiscal 2021.
) read the full research report on NIKE here >>>
Amgen have lost -0.1% in the last six months against the Zacks Biomedical and Genetics industry’s gain of +7.7%. The Zacks analyst believes that Amgen’s drugs like Prolia, Evenity, Repatha, Aimovig, Otezla and biosimilars are driving sales, increasing competition for its legacy products is hurting the same.
Amgen is also progressing with its pipeline while regularly pursuing “external opportunities”. Amgen expects several important data readouts from its innovative pipeline, which could be catalysts for the stock. Amgen boasts a strong biosimilars portfolio, which is an important source of revenues. However, pricing and competitive pressure are concerns.
Though trends have improved, sales of physician-administered drugs are being hurt by COVID-19 related business disruption. Amgen’s shares have underperformed the industry in the past year. Estimates have gone down slightly ahead of Q4 results. Amgen has a positive record of earnings surprise in recent quarters.
) read the full research report on Amgen here >>> Morgan Stanley shares have gained 47.3% over the past three months against the Zacks Investment Banking industry’s rise of +43.8%. The Zacks analyst believes that the planned acquisition of Eaton Vance and the buyout of E*Trade Financial are in sync with its efforts to focus less on capital markets driven sources.
These efforts, along with increasing focus on corporate lending, are likely to support financials. Further, the company’s solid capital deployments will continue enhancing shareholder value.
The company’s earnings have surpassed the Zacks Consensus Estimate in three of the trailing four quarters. The company’s fourth-quarter 2020 results reflect efforts from business diversification, and solid trading and investment banking performance. A strong balance sheet is likely to aid growth.
) read the full research report on Morgan Stanley here >>>
Other noteworthy reports we are featuring today include Vertex Pharmaceuticals and Moderna.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
Zacks Investment Research
800-767-3771 ext. 9339
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.