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The Zacks Analyst Blog Highlights General Motors, Ford , Honda, Toyota and Stellantis

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For Immediate Release

Chicago, IL – August 31, 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: Microsoft Corp. (MSFT - Free Report) , Amazon.com, Inc. (AMZN - Free Report) , Walmart Inc. (WMT - Free Report) , Novo Nordisk A/S (NVO - Free Report) , and Norfolk Southern Corp. (NSC - Free Report)

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Microsoft, Amazon and Walmart

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 Corp., Amazon.com, Inc. and Walmart Inc.. 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 shares have declined -11.4% over the past year against the Zacks Computer - Software industry's decline of -19.3%. The company's  increased spending on Azure enhancements amid stiff competition in the cloud space from Amazon is likely to dent margins. Nevertheless, the company's performance is benefiting from strength in its Azure cloud platform amid accelerated global digital transformation.

Teams' user growth is gaining from continuation of remote work and mainstream adoption of hybrid/flexible work models. Recovery in advertising and job market boosted LinkedIn and Search revenues. Solid uptake of new Xbox consoles is aiding the gaming segment performance.

The company is witnessing growth in the user base of its different applications including Microsoft 365 suite, Dynamics and Power Platform. Microsoft expects Surface revenues to grow in the mid-teens range, driven by strong demand for premium devices.

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

Amazon.com shares have declined -25.2% over the past year against the Zacks Internet - Commerce industry's decline of -33.9%. The company's growing expenses associated with supply-chain constraints and labor supply shortages remain a concern. However, Amazon is gaining on solid Prime momentum owing to ultrafast delivery services and strong content portfolio. Further, strengthening relationships with third-party sellers is a positive.

Also, growing momentum across Amazon Music is contributing well. Additionally, the strong adoption rate of AWS is aiding the company's cloud dominance. Also, expanding AWS services portfolio is continuously helping Amazon in gaining further momentum among the customers.

Further, robust Alexa skills and expanding smart home products portfolio are positives. Additionally, the company's strong global presence and solid momentum among the small and medium businesses remain tailwinds.

(You can read the full research report on Amazon.com here >>>)

Walmart shares have declined -8.8% over the past year against the Zacks Retail - Supermarkets industry's decline of -7.4%. The company's consolidated operating income and earnings per share view suggest a decline from the year-ago period figures. It is also encountering cost pressure associated with fuel prices, supply chain and excess inventory. Cost inflation and markdowns hurt its gross margin in the second quarter.

However, Walmart has been benefiting from its robust omnichannel operations due to its efforts to enhance both store and online experience. It has been particularly gaining from its efforts to boost delivery services through acquisitions and partnerships.

The company's U.S. comp sales continued to benefit from an increased market share in grocery in the second quarter of fiscal 2023, wherein the top line grew year over year. Management raised its net sales view for fiscal 2023.

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

Other noteworthy reports we are featuring today include Novo Nordisk A/S, and Norfolk Southern Corp..

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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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