For Immediate Release
Chicago, IL – December 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: Microsoft Corporation (
MSFT Quick Quote MSFT - Free Report) , NVIDIA Corporation ( NVDA Quick Quote NVDA - Free Report) , Medtronic plc ( MDT Quick Quote MDT - Free Report) , The Progressive Corporation ( PGR Quick Quote PGR - Free Report) and Vertex Pharmaceuticals Inc. ( VRTX Quick Quote VRTX - Free Report) . Here are highlights from Monday’s Analyst Blog: Top Stock Reports for Microsoft, NVIDIA and Medtronic
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 Microsoft, NVIDIA and Medtronic. 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 >>>
Microsoft have outperformed the S&P 500 over the past year (+52% vs. +25%). The Zacks analyst believes that Microsoft has been benefiting significantly from strength in its Azure cloud platform amid accelerated global digital transformation.
Microsoft Teams’ user growth has also been gaining on the back of the continued remote working trend as well as the mainstream adoption of hybrid/flexible work model. Solid uptake of new Xbox consoles is aiding the gaming segment performance. MSFT is also witnessing growth in the user base of its different applications, including Microsoft 365 suite, Dynamics and Power Platform.
) read the full research report on Microsoft here >>> NVIDIA shares have gained +135.3% in the year to date period against the Zacks General Semiconductor industry’s gain of +68.7%. The Zacks analyst believes that NVIDIA has been benefiting from the coronavirus-induced work and learn-from-home wave, as well as the strong growth in GeForce desktop and notebook Graphic Processing Units.
A surge in Hyperscale demand remains a tailwind for the company’s Data Center business. Expansion of NVIDIA GeForce NOW is expected to drive user base. Solid uptake of artificial intelligence-based smart cockpit infotainment solutions is another positive. Collaboration with Mercedes-Benz is also expected to further strengthen NVIDIA’s presence in the autonomous vehicles space.
) read the full research report on NVIDIA here >>>
Medtronic have lost -13% in the last six months against the Zacks Medical Products industry’s loss of -7.3%; however, things seem to be improving for the company. The Zacks analyst believes that all of MDT’s major business groups have been reporting consistent gains, which highlights sustainability across groups and regions.
Medtronic’s second-quarter fiscal 2022 earnings beat the Zacks Consensus Estimate and it registered organic growth in the Cardiovascular, Neuroscience and Diabetes segments. The quarter’s gross and operating margins showed improvements on a year-over-year basis. MDT, however, continues to reel under pressure from health system labor shortages as well as the ongoing pandemic.
) read the full research report on Medtronic here >>>
Other noteworthy reports we are featuring today include The Progressive and Vertex Pharma.
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