For Immediate Release
Chicago, IL – November 19, 2024 – 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: Thermo Fisher Scientific Inc. TMO, NextEra Energy, Inc. NEE and Lowe's Companies, Inc. LOW.
Here are highlights from Monday’s Analyst Blog:
Top Analyst Reports for Thermo Fisher, NextEra Energy and Lowe'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 Thermo Fisher Scientific Inc., NextEra Energy, Inc. and Lowe's Companies, Inc. These research reports have been hand-picked from roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Thermo Fisher’s shares have underperformed the Zacks Medical – Instruments industry over the past year (+9.4% vs. +15.7%). The Zacks analyst believes that difficult macroeconomic conditions leading to disruptions in economic activity, global supply chains and labor markets are creating a challenging business environment for Thermo Fisher. Also, over the past few quarters, the company has been experiencing a continuous decline in COVID testing-related demand, with impact especially felt in the Life Science Solution business.
However, recent product launches, including a pre-transplant risk assessment assay and the international CorEvitas Adolescent Atopic Dermatitis, have helped. Also, Thermo Fisher’s continuous efforts to prioritize its partnership with customers to drive innovation and improve patient care bode well.
(You can read the full research report on Thermo Fisher here >>>)
NextEra’s shares have outperformed the Zacks Utility - Electric Power industry over the past year (+33.2% vs. +19.6%). The Zacks analyst believes that organic projects and acquisitions, renewable projects and efficient cost management is benefiting the company.
Yet, due to the nature of NextEra Energy’s business, it is subject to complex rules and regulations. Risks in operating nuclear power-based generation units, unfavorable weather conditions, and increasing supply costs hinder results.
(You can read the full research report on NextEra here >>>)
Shares of Lowe’s have underperformed the Zacks Building Products - Retail industry over the last two years (+28.1% vs. +34.8%). Per the Zacks analyst, market risks, intense competition, and a decline in DIY spending have ailed the stock.
However, improved product availability, timely delivery, and an expanded assortment, complemented by a rewards program have benefited. Strategic growth initiatives such as store expansion and enhanced customer experiences aim to position the company as a top omnichannel retailer.
(You can read the full research report on Lowe’s here >>>)
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.
Today you can access their live picks without cost or obligation.
Media Contact
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.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention.
NextEra Energy, Inc. (NEE) : Free Stock Analysis Report
Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report
Thermo Fisher Scientific Inc. (TMO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
