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The Zacks Analyst Blog Highlights: Walmart, Intel, HSBC, Uber and Lam Research

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For Immediate Release

Chicago, IL – October 7, 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: Walmart Inc. (WMT - Free Report) , Intel Corporation (INTC - Free Report) , HSBC Holdings plc (HSBC - Free Report) , Uber Technologies, Inc. (UBER - Free Report) and Lam Research Corporation (LRCX - Free Report) .

Here are highlights from Wednesday’s Analyst Blog:

Top Stock Reports for Walmart, Intel and HSBC

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 Walmart, Intel, and HSBC. 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 >>>

Shares of Walmart have modestly underperformed the Zacks Supermarkets industry over the past year (-1.6% vs. -0.6%), however, the company is likely to gain momentum in the near term backed by its strategic growth efforts and solid omnichannel capabilities.

The Zacks analyst believes that Walmart has been benefiting from a burgeoning demand for essential items due to the pandemic-induced increased at-home consumption. Walmart has been focusing on strengthening its delivery capabilities further, in a bid to boost e-commerce sales. This fueled the company’s performance in the second quarter, wherein earnings and sales rose year on year.

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

Intel shares have lost -17.5% in the last six months against the Zacks General Semiconductor industry’s gain of +13.9%. Declining average selling price (ASPs), stiff competition from ARM-based devices, and production delays pertaining to 7 nm ramp up remain as major headwinds for the company

The Zacks analyst, however, believes that Intel’s leading position in the PC market, robust IoT & ADAS domains and a headway in process technology are likely to keep driving revenues in the near term. Improving demand from enterprise and government end-markets is expected to aid data center top-line growth.

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

Shares of HSBC have lost -3.3% over the past three months against the Zacks Foreign Banks industry’s gain of +0.2%. The company’s investments in China and the U.K. are likely to result in higher costs and hurt the bottom line.

The Zacks analyst, however, believes that a robust capital position and restructuring efforts will support its expansion efforts. The company's strong brand value and widespread network helps it attract clients. HSBC aims to continue identifying and removing low-return risk-weighted assets (RWAs), and expects to exceed its $100-billion gross RWA reduction target by the end of 2022.

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

Other noteworthy reports we are featuring today include Uber and Lam Research.

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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.

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