For immediate release
Chicago, IL – October 1, 2021 – Zacks.com announces the list of stocks featured on the Analysts Blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and financial markets. Recent stocks featured in the blog include: Eli Lilly and Company LLY, Costco Wholesale Corporation COST, Applied Materials, Inc. AMAT, Illumina, Inc. ILMN and Norfolk Southern Corporation NSC.
Here are highlights from Thursday’s analyst blog:
Best inventory reports for Eli Lilly, Costco and Applied Materials
Zacks Research Daily features the best research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Eli Lilly, Costco and Applied Materials. These research reports were handpicked from the roughly 70 reports released by our team of analysts today.
You can see all today’s research reports here >>>
Actions of Eli lilly outperformed the Zacks Large Cap Pharmaceuticals industry over the past year (+ 64.1% vs. + 18.3%). Zacks analyst believes that higher demand for drugs like Trulicity, Taltz and others has boosted the company’s revenue growth.
An excellent pipeline for cancer, diabetes and Alzheimer’s disease treatments is expected to continue to support Lilly’s growth through 2025. Generic competition for several drugs, increasing pressure on prices in the United States and however, price reductions in certain international markets remain major obstacles. .
(You can read the full research report on Eli Lilly here >>>)
Costco Shares have gained + 14.7% in the past three months against the retail industry’s 2.4% gain from Zacks Discount, but things appear to be improving for the tech giant . Zacks analyst believes the strategy of selling products at sharply discounted prices has helped them stay on track for growth as cash-strapped customers continue to depend on Costco as an option for products. basic necessities at low cost.
Costco’s net sales rose 17.5% to $ 61.4 billion in the fourth quarter of fiscal 2021 – the 16-week period ended August 29, 2021 – from $ 52.3 billion l ‘last year. Strong competition from physical stores and online retailers and prudent consumer spending, however, may hurt Costco’s performance in the near term.
(You can read the full Costco research report here >>>)
Actions of Applied materials gained + 49.4% during the year-to-date period versus the Zacks Semiconductor Equipment – Wafer Fabrication industry gain of + 45.7%. Zacks analyst believes that the strength of the 3D NAND market, the innovation strategy and the growth of the Chinese market will boost the company.
Rising customer spend in foundry and the logic of the ever-growing need for specialized nodes in the automotive, energy, 5G deployment, IoT, communications and sensors markets image, is a major asset. A high fixed cost structure, a slowdown in the smartphone market, weak demand for chips and macroeconomic uncertainties are major concerns, however.
(You can read the full applied materials research report here >>>)
Other noteworthy reports we present today include Illumina and Norfolk Southern Corp.
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Zacks names “the best single pick to double”
Among thousands of stocks, 5 Zacks experts each chose their favorite to soar + 100% or more in the coming months. Of these 5, research director Sheraz Mian chooses one to have the most explosive advantage of all.
You’ve known this company from its past glory days, but few would expect it to be ready for a monster turnaround. Fresh out of a successful repositioning and flush with A-List celebrity mentions, it could rival or overtake other recent Zacks stocks which are expected to double as Boston Beer Company which climbed + 143.0% in just a bit. more than 9 months and Nvidia which climbed + 175.9% in a year.
Free: see our best stock and 4 finalists >>
Want the latest recommendations from Zacks Investment Research? Today you can download 7 best stocks for the next 30 days. Click to get this free report
Eli Lilly and Company (LLY): Get Free Report
Norfolk Southern Corporation (NSC): Get a Free Report
Illumina, Inc. (ILMN): Get a Free Report
Costco Wholesale Corporation (COST): Get a Free Report
Applied Materials, Inc. (AMAT): Get a Free Report
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