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The Zacks Analyst Blog Highlights Coca-Cola, Toyota Motor, McDonald's, Equinix and Enbridge
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For Immediate Release
Chicago, IL – July 12, 2023 – 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: Coca-Cola Co. (KO - Free Report) , Toyota Motor Corp. (TM - Free Report) , McDonald's Corp. (MCD - Free Report) , Equinix, Inc. (EQIX - Free Report) and Enbridge Inc. (ENB - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Top Stock Reports for Coca-Cola, Toyota 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 The Coca-Cola Co., Toyota Motor Corp. and McDonald's Corp.. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
Coca-Cola shares have underperformed rival Pepsi (PEP) (-7.1% vs. +1.4%) as well as the broader market (-7.1% vs. +15.7%) this year. The company is witnessing pressures from higher supply chain costs, higher marketing spends and currency headwinds.
Nevertheless, KO's results benefited from the continued momentum in its business in the last quarterly release on April 24th. Sales gained from revenue growth across its operating segments, aided by an improved price/mix and a rise in concentrate sales. It is poised to gain from innovations and accelerating digital investments. It provided an upbeat guidance for 2023.
Shares of Toyota Motor have outperformed the Zacks Automotive - Foreign industry over the past year (+5.9% vs. -0.2%). Continued demand for vehicles and robust product line-up is set to fuel sales volumes of Toyota. To capitalize on the accelerated global shift to green cars, the auto giant is deepening focus on manufacturing electric and fuel-cell vehicles, which will bolster the company's product competitiveness.
Toyota Motor's commitment to return capital to shareholders and upbeat fiscal 2024 view spark confidence. However, commodity cost inflation is expected to weigh on gross margins. Supply-chain disruptions and a tough labor market will provide headwinds.
Unfavorable foreign currency translations and high R&D expenses are also likely to limit profits. Also, elevated leverage of the firm may restrict its financial flexibility to tap onto growth opportunities. Thus, investors are advised to wait for a better entry point.
McDonald's shares have outperformed the Zacks Retail - Restaurants industry over the past six months (+11.6% vs. +6.8%). The company's upside is fueled by strong comps performance, digital initiatives, marketing campaigns and loyalty programs.
McDonald's is increasing its focus on menu innovation, as it believes that the strengthening of the core menu, solid marketing and improved pricing are likely to pave the way for additional growth in the upcoming periods. The company is also undertaking efforts to drive growth in international markets.
Robust digitalization is likely to help the company support long-term growth. Earnings estimates for 2023 have moved north in the past 30 days, depicting analysts' optimism over the stock's growth prospects.
Other noteworthy reports we are featuring today include Equinix, Inc. and Enbridge Inc.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
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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The Zacks Analyst Blog Highlights Coca-Cola, Toyota Motor, McDonald's, Equinix and Enbridge
For Immediate Release
Chicago, IL – July 12, 2023 – 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: Coca-Cola Co. (KO - Free Report) , Toyota Motor Corp. (TM - Free Report) , McDonald's Corp. (MCD - Free Report) , Equinix, Inc. (EQIX - Free Report) and Enbridge Inc. (ENB - Free Report) .
Here are highlights from Tuesday’s Analyst Blog:
Top Stock Reports for Coca-Cola, Toyota 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 The Coca-Cola Co., Toyota Motor 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 >>>
Coca-Cola shares have underperformed rival Pepsi (PEP) (-7.1% vs. +1.4%) as well as the broader market (-7.1% vs. +15.7%) this year. The company is witnessing pressures from higher supply chain costs, higher marketing spends and currency headwinds.
Nevertheless, KO's results benefited from the continued momentum in its business in the last quarterly release on April 24th. Sales gained from revenue growth across its operating segments, aided by an improved price/mix and a rise in concentrate sales. It is poised to gain from innovations and accelerating digital investments. It provided an upbeat guidance for 2023.
(You can read the full research report on Coca-Cola here >>>)
Shares of Toyota Motor have outperformed the Zacks Automotive - Foreign industry over the past year (+5.9% vs. -0.2%). Continued demand for vehicles and robust product line-up is set to fuel sales volumes of Toyota. To capitalize on the accelerated global shift to green cars, the auto giant is deepening focus on manufacturing electric and fuel-cell vehicles, which will bolster the company's product competitiveness.
Toyota Motor's commitment to return capital to shareholders and upbeat fiscal 2024 view spark confidence. However, commodity cost inflation is expected to weigh on gross margins. Supply-chain disruptions and a tough labor market will provide headwinds.
Unfavorable foreign currency translations and high R&D expenses are also likely to limit profits. Also, elevated leverage of the firm may restrict its financial flexibility to tap onto growth opportunities. Thus, investors are advised to wait for a better entry point.
(You can read the full research report on Toyota Motor here >>>)
McDonald's shares have outperformed the Zacks Retail - Restaurants industry over the past six months (+11.6% vs. +6.8%). The company's upside is fueled by strong comps performance, digital initiatives, marketing campaigns and loyalty programs.
McDonald's is increasing its focus on menu innovation, as it believes that the strengthening of the core menu, solid marketing and improved pricing are likely to pave the way for additional growth in the upcoming periods. The company is also undertaking efforts to drive growth in international markets.
Robust digitalization is likely to help the company support long-term growth. Earnings estimates for 2023 have moved north in the past 30 days, depicting analysts' optimism over the stock's growth prospects.
(You can read the full research report on McDonald's here >>>)
Other noteworthy reports we are featuring today include Equinix, Inc. and Enbridge Inc.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
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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.