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The Zacks Analyst Blog Highlights: United Parcel Service, 3M, Texas Instruments, Costco and Advanced Micro Devices

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For Immediate Release

Chicago, IL – April 30, 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: United Parcel Service, Inc. (UPS - Free Report) , 3M Company (MMM - Free Report) , Texas Instruments Incorporated (TXN - Free Report) , Costco Wholesale Corporation (COST - Free Report) and Advanced Micro Devices, Inc. (AMD - Free Report) .

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for UPS, 3M and More

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 United Parcel Service, and 3M Company. 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 >>>

United Parcel Service shares have gained +28.5% over the last three months against the Zacks Transportation - Air Freight and Cargo industry’s gain of +24.5%. The Zacks analyst believes that an exponential e-commerce growth has been aiding UPS amid the ongoing pandemic.

The company performed very well in the first-quarter 2021, reporting better-than-expected earnings per share and revenues. The results were aided by an expanded volume of deliveries. Further, strong free cash flow generation is another positive for the company.

However, high operating expenses pose concerns. Moreover, management's decision to not provide any earnings and revenue guidance for 2021 sheds light on the uncertainty ahead.

(You can read the full research report on United Parcel Service here >>>)

Shares of 3M have gained +23.4% in the past six months against the Zacks Diversified Operations industry’s gain of +30.9%. The Zacks analyst believes that 3M is well-positioned to benefit from its solid product portfolio, marketing activities, as well as shareholder-friendly policies.

In first-quarter 2021, the company’s earnings and sales surpassed estimates by 23.11% and 5.92%, respectively. Further, increased demand for respirators boosted sales by $190 million during the quarter.

However, inflation in raw materials and logistic costs are predicted to hurt earnings in the quarters ahead. Also, debt-related woes, international exposure and restructuring charges are other major concerns for the company.

(You can read the full research report on 3M here >>>)

Other noteworthy reports we are featuring today include Texas Instruments, Costco Wholesale and Advanced Micro Devices.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>

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