For Immediate Release
Chicago, IL – January 21, 2022 – 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: NVIDIA Corporation (
NVDA Quick Quote NVDA - Free Report) , Chevron Corporation ( CVX Quick Quote CVX - Free Report) , and Accenture plc ( ACN Quick Quote ACN - Free Report) . Here are highlights from Thursday’s Analyst Blog: Top Stock Reports for NVIDIA, Chevron and Accenture
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 NVIDIA Corporation (
NVDA), Chevron Corporation ( CVX), and Accenture plc ( ACN). 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 >>>
NVIDIA have massively outperformed the Zacks General Semiconductor industry over the past year (+80.9% vs. +33.3%) on the back of the chipmaker's leverage to all major emerging trends in the broader technology space, ranging from artificial intelligence to analytics and gaming. The company is also seen as a major player in the AR/VR space and stands to benefit from developments on the metaverse front.
The surge in Hyperscale demand remains a tailwind for NVIDIA’s Data Center business. Expansion of NVIDIA GeForce NOW is expected to drive the user base. Collaboration with Mercedes-Benz is likely to further strengthen NVIDIA’s presence in the autonomous vehicles space. A solid line-up of advanced graphics cards has made it a favorite graphics card provider among PC makers.
) read the full research report on NVIDIA here >>> Chevron shares have gained +16.7% over the past three months against the Zacks Integrated Oil industry’s gain of +9.2%. The Zacks analyst believes that Chevron seems one of the best-placed global integrated oil companies to achieve sustainable production ramp-up. The company's average output during the first nine months of 2021 was 3,093 thousand oil-equivalent barrels per day.
Chevron acquired Noble Energy for $5 billion, which expanded its presence in the DJ Basin and the Permian Basin. CVX’s existing project pipeline is among the best in the industry, thanks to its premier position in the lucrative Permian Basin. Chevron, however, has been forced to cut spending substantially due to last year’s price crash. High oil price sensitivity is another major concern.
) read the full research report on Chevron here >>>
Accenture have gained +10.2% in the last three months against the Zacks Consulting industry’s gain of +9.9%. The Zacks analyst believes that Accenture has been gaining traction in its outsourcing and consulting businesses on the back of high demand for services that not only improve operating efficiencies but also save costs.
ACN has also been making strides toward enhancing its cloud and digital marketing suite through buyouts and partnerships. Strong operating cash flow has helped it reward its shareholders through dividend payments and share repurchases. Pricing pressure, foreign currency fluctuations and buyout-related integration risks continue to weigh on its margins.
) read the full research report on Accenture here >>>
Other noteworthy reports we are featuring today include American Express Co. (
AXP) and HCA Healthcare, Inc. ( HCA). Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
As one investor put it, “curing and preventing hundreds of diseases…what should that market be worth?” This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Zacks Investment Research
800-767-3771 ext. 9339
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.