Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights Apple, NVIDIA, McDonald's, Cisco Systems and Vertex Pharmaceuticals

Read MoreHide Full Article

For Immediate Release

Chicago, IL – June 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: Apple Inc. (AAPL - Free Report) , NVIDIA Corp. (NVDA - Free Report) , McDonald's Corp. (MCD - Free Report) , Cisco Systems, Inc. (CSCO - Free Report) and Vertex Pharmaceuticals Inc. (VRTX - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Stock Reports for Apple, NVIDIA and McDonald's

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 Inc., NVIDIA Corp. and McDonald's Corp. 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 shares have declined -0.1% over the past year against the S&P 500's decline of -12.4%. The company expects COVID-induced supply chain disruptions and industry-wide silicon shortages to hurt the top line by $4-8 billion. Unfavorable forex conditions along with the absence of Russian revenues is also expected to hurt the top line.

Nevertheless, Apple is benefiting from continued momentum in the Services and robust performance from iPhone, Mac, Wearables and an expanding App Store ecosystem. Also, the availability of new Mac Studio and new iPad Air is expected to drive top-line growth.

Apple TV+ is gaining recognition due to award-winning shows. This bodes well for the Services segment. Services revenue growth is expected to be in strong double digits for the June quarter.

(You can read the full research report Apple here >>>)

NVIDIA shares have declined -13.8% over the past year against Zacks Semiconductor - General industry's decline of -19.1%. The company's management expects COVID-19 pandemic to negatively impact near-term revenues. Moreover, the U.S.-China trade war remains a key concern.

However, NVIDIA is benefiting from the coronavirus-induced work and learn-from-home wave. It is also benefiting from strong growth in GeForce desktop and notebook Graphic Processing Units, which is boosting gaming revenues. Moreover, a surge in Hyperscale demand remains a tailwind for the company's Data Center business. Expansion of NVIDIA GeForce NOW is expected to drive its user base.

Further, a solid uptake of artificial intelligence-based smart cockpit infotainment solutions is a boon. Additionally, collaboration with Mercedes-Benz is expected to further strengthen NVIDIA's presence in the autonomous vehicles and other automotive electronics space.

(You can read the full research report NVIDIA here >>>)

McDonald's shares have outperformed the Zacks Retail - Restaurants industry over the past year (+2.8% vs. -20.9%). The company continues to impress investors with robust comps growth. Strong drive-thru presence and its investments in delivery and digitization over the past few years have aided McDonald's in countering the pandemic. Robust digitalization will help the company in driving long-term growth and capturing market share.

The company is focusing on store expansion. It is planning to open more than 1,800 restaurants globally in 2022. The company is also benefiting from the robust loyalty program. It is very optimistic about building the world's largest loyalty program.

The loyalty program is likely to drive sales and average checks. However, coronavirus-related woes persist. In the first quarter of 2022, comps in the China market were hurt by the pandemic.

(You can read the full research report McDonald's here >>>)

Other noteworthy reports we are featuring today include Cisco Systems, Inc. and Vertex Pharmaceuticals Inc.

Why Haven't You Looked at Zacks' Top Stocks?

Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.

See Stocks Free >>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com

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.

Published in