For Immediate Release
Chicago, IL – November 2, 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: Meta Platforms, Inc. (
FB Quick Quote FB - Free Report) , NVIDIA Corporation ( NVDA Quick Quote NVDA - Free Report) , Toyota Motor Corp. ( TM Quick Quote TM - Free Report) , The Coca-Cola Company ( KO Quick Quote KO - Free Report) and S&P Global Inc. ( SPGI Quick Quote SPGI - Free Report) . Here are highlights from Monday’s Analyst Blog: Top Stock Reports for Meta, NVIDIA and Toyota
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 Meta Platforms, NVIDIA, and Toyota Motor. 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 >>>
Meta, Facebook's new name, have underperformed the S&P 500 over the past year (+23.8% vs. +42.6%) as the company has had to deal with unfavorable publicity that increases the odds of some negative regulatory action. That said, the company is witnessing steady user growth across all regions, particularly Asia Pacific. The Zacks analyst believes that it has been benefiting from increasing mobile ad revenues, growing adoption of Stories by advertisers across Instagram, core Facebook app and Messenger, and initiatives to improve security.
Meta’s strong balance sheet and cash flow generating ability remains a key catalyst. The changes made by Apple in its iOS 14 update that limit the its ability to track user-activity trend is likely to hurt the company though. Increasing regulatory headwinds in the EU and other countries is another concern.
) read the full research report on Meta here >>> NVIDIA shares have gained 96% in the year to date period against the Zacks General Semiconductor industry’s gain of +49.3%. The Zacks analyst believes that NVIDIA has been benefiting from significant growth opportunities in ray-traced gaming, rendering, high-performance computing, AI as well as self-driving cars.
A surge in Hyperscale demand has been supporting the growth of the company’s Data Center business. Expansion of NVIDIA GeForce NOW is expected to drive its user base. Collaboration with Mercedes-Benz is also expected to strengthen NVIDIA’s presence in the autonomous vehicles as well as other automotive electronics space.
) read the full research report on NVIDIA here >>>
Toyota have gained +17.5% over the past six months against the Zacks Foreign Automotive industry’s gain of +11%. The Zacks analyst believes that Toyota’s focus on developing electric and driverless cars is likely to boost revenues in the quarters ahead.
The firm projects fiscal 2022 operating income to rise +13.8% year over year. Focus on electric vehicles (EVs) and driverless cars is another key catalyst. High capex and research and development (R&D) expenses on advanced technologies have been weighing on its margins though. Toyota also slashed its production forecast for fiscal 2022, amid the global dearth of chips.
) read the full research report on Toyota here >>>
Other noteworthy reports we are featuring today include Coca-Cola and S&P Global.
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