For Immediate Release
Chicago, IL – June 18, 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: Apple Inc. (
AAPL Quick Quote AAPL - Free Report) , The Home Depot, Inc. ( HD Quick Quote HD - Free Report) , Sanofi ( SNY Quick Quote SNY - Free Report) , Applied Materials, Inc. ( AMAT Quick Quote AMAT - Free Report) and CVS Health Corporation ( CVS Quick Quote CVS - Free Report) . Here are highlights from Thursday’s Analyst Blog: Top Stocks Reports for Apple, Home Depot and Sanofi
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 Apple, The Home Depot, and Sanofi. 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 >>>
Apple have underperformed the S&P 500 in the year-to-date period (-0.8% vs. +13.2%) on persistent worries that the iPhone maker may struggle in the post-pandemic world as demand for its products was pulled forward.
This is a plausible view, but the Zacks analyst believes that Apple should continue to benefit from momentum in the Services segment, driven by App Store, Cloud Services, Music, advertising and AppleCare.
Apple's near-term prospects are bright, driven by new iPhones that support 5G, revamped iPad and Mac line-up of devices, healthcare-focused Apple Watch, and an expanding App Store ecosystem. Also, its focus on user privacy, as reflected by its latest iOS 15, iPadOS 15, macOS Monterey, and watchOS 8 updates, is a game changer. However, Apple refrained from providing any guidance due to uncertainties triggered by the COVID-19 pandemic.
) read the full research report on Apple here >>> The Home Depot shares have gained +13.4% over the last six months against the Zacks Retail Building Products industry's gain of +10.1%. The Zacks analyst expects this momentum to continue as the company executes its One Home Depot plan, which focuses on expanding supply chain, technology investments and digital enhancements.
The company is also effectively adapting to the continued boom in renovations and construction activities, driven by investments in its business over the years. However, increased penetration of lumber products in the company's sales mix continue to hurt gross margin. Also, continued pressure from shrink and higher transportation costs are major headwinds.
) read the full research report on The Home Depot here >>>
Sanofi have gained +10.7% in the past three months against the Zacks Large Cap Pharmaceuticals industry's gain of +10.8%. The Zacks analyst believes that Sanofi's Specialty Care unit is on a strong footing, particularly with regular label expansion of Dupixent.
Meanwhile, its R&D pipeline is strong and several data readouts are expected in 2021. Further, the 2020 Synthorx and Principia acquisitions have strengthened its R&D pipeline.
However, weak performance of the Diabetes unit and generic competition for many drugs remain major headwinds for the company. Meanwhile, the ongoing pandemic has resulted in a slowdown of new patient starts of certain drugs as well as deferral of some vaccinations.
) read the full research report on Sanofi here >>>
Other noteworthy reports we are featuring today include Applied Materials and CVS Health.
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