For Immediate Release
Chicago, IL – May 13, 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: QUALCOMM Incorporated (
QCOM Quick Quote QCOM - Free Report) , Applied Materials, Inc. ( AMAT Quick Quote AMAT - Free Report) , General Motors Company ( GM Quick Quote GM - Free Report) , Sony Group Corporation ( SONY Quick Quote SONY - Free Report) and Marathon Petroleum Corporation ( MPC Quick Quote MPC - Free Report) . Here are highlights from Wednesday’s Analyst Blog: Top Research Reports for Qualcomm, Applied Materials and General Motors
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 Qualcomm, Applied Materials, and General Motors. 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 >>>
Qualcomm have outperformed the Zacks Wireless Equipment industry in the last one-year period (+64.5% vs. +56.9%). The Zacks analyst believes that the chip maker is benefiting from robust demand for smartphones globally and its ability to increase the scale of non-handset revenues.
With more than 700 5G designs, Qualcomm is well positioned to benefit from solid 5G traction with greater long-term visibility. Meanwhile, the company is focused on retaining its leadership in the market with innovative product launches. However, aggressive competition from low-cost chip manufacturers is a concern. Also, it is susceptible to risks arising from weaker handset shipments, especially in China.
) read the full research report on QUALCOMM here >>> Applied Materials shares have gained +62% over the last six months against the Zacks Semiconductor Equipment - Wafer Fabrication industry's gain of +51.3%. The Zacks analyst believes that Applied Materials is driven by strong momentum across Semiconductor Systems and Applied Global Services.
Further, solid demand for silicon in several applications across various markets remains a tailwind. Also, increased customer spending in foundry and logic on the back of rising need for specialty nodes in automotive, power, 5G rollout, IoT, communications and image sensor markets, is a major positive. However, market uncertainties continue to persist. Also, rising competition poses risk to the company's market position.
) read the full research report on Applied Materials here >>>
General Motors have gained +2.4% in the past three months against the Zacks Domestic Automotive industry's loss of -19.2%. The Zacks analyst believes that General Motors' hot-selling brands like Chevrolet Silverado and Equinox along with upcoming electric vehicle (EV) launches are expected to boost the firm's prospects.
The company's Ultium Drive system and collaborations with Honda and EVgo are likely to scale up its e-mobility prowess. Notably, the firm aims to spend more than $27 billion through 2025 to launch gen-next EVs and self-driving vehicles. However, high product launch costs, R&D expenses and global chip shortage are anticipated to weigh on the firm's 2021 operating income.
) read the full research report on General Motors here >>>
Other noteworthy reports we are featuring today include Sony Group and Marathon Petroleum.
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