Back to top

Image: Bigstock

The Zacks Analyst Blog Highlights Thermo Fisher Scientific, Eaton, Palo Alto, Keurig Dr Pepper and Yum! Brands

Read MoreHide Full Article

For Immediate Release

Chicago, IL – July 9, 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 - Free Report) , Eaton Corporation plc (ETN - Free Report) , Palo Alto Networks, Inc. (PANW - Free Report) , Keurig Dr Pepper Inc. (KDP - Free Report) and Yum! Brands, Inc. (YUM - Free Report) .

Here are highlights from Monday’s Analyst Blog:

Top Analyst Reports for Thermo Fisher, Eaton and Palo Alto Networks

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., Eaton Corporation plc and Palo AltoNetworks, 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 >>>

Thermo Fisher shares have outperformed the Zacks Medical - Instruments industry over the past year (+4.5% vs. +0.6%). The Zacks analyst believes that by utilizing the PPI Business System, by expanding bioproduction purification resin capacity and through introduction of the Axiom PangenomiX Array, Thermo Fisher has been showing strong financial results. Innovation and improvement in patient care and a strong solvency position have also boosted the company’s position.

Yet, year-over-year decline in revenues in Life Science Solutions and Laboratory Products and Biopharma Services have ailed.

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

Eaton shares have outperformed the Zacks Manufacturing – Electronics industry over the past year (+56.3% vs. +23.8%). The Zacks analyst believes that expansion via mergers and acquisitions, rising demand from the new AI data center and reduction in production costs have been benefitting the company.

However unpredictable currency translation, cyber security threats, changes in tax rates and security breaches remain major headwinds. The shortage of raw materials and supplier insolvencies might impact production and operations.

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

Shares of Palo Alto have underperformed the Zacks Internet – Software industry over the last six months (+13.9% vs. +20.2%). Per the Zacks analyst, the company’s high acquisition-related expenses are denting its margins. Softening IT spending amid macroeconomic headwinds might also hurt its near-term prospects. Forex headwinds and higher marketing and sales expenses are likely to continue hurting its profitability.

Yet, continuous deal wins and the increasing adoption of its next-generation security platforms, sustained focus on product innovation, the shift to subscription-based services and normalization of its supply chain across platforms are going to boost the company’s prospects.

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

Other noteworthy reports we are featuring today include Keurig Dr Pepper Inc. and Yum! Brands, Inc.

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.

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