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The Zacks Analyst Blog Highlights Toyota Motor, RTX and Micron
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For Immediate Release
Chicago, IL – December 3, 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: Toyota Motor Corp. (TM - Free Report) , RTX Corp. (RTX - Free Report) and Micron Technology, Inc. (MU - Free Report) .
Here are highlights from Monday’s Analyst Blog:
Top Analyst Reports for Toyota, RTX and Micron
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 Toyota Motor Corp., RTX Corp. and Micron Technology, Inc. These research reports have been hand-picked from roughly 70 reports published by our analyst team today.
Toyota’s shares have outperformed the Zacks Automotive – Foreign industry over the past two years (+19.2% vs. +0.6%). The Zacks analyst believes that Toyota is taking strategic steps, including restoring production, optimizing inventory to manage incentives and reducing complexity to streamline operations and improve efficiency. It is also ramping up investment in electrification with solid-state batteries and an expanding lineup.
However, high R&D expenses on advanced technologies and alternative fuels for the development of electric and autonomous vehicles are causing some pain in the near term.
RTX’s shares have outperformed the Zacks Aerospace - Defense industry over the past year (+46.6% vs. -3.9%). The Zacks analyst believes that the company continues to receive ample orders for its wide range of combat-proven defense products from the Pentagon and its foreign allies. Improving commercial air traffic has also been bolstering the company.
Yet, rising crude prices tend to put cost pressure on airlines that may impact commercial OEM producers like RTX. The company may also be affected if China enforces its announced sanctions against its missile and defense unit. Supply-chain challenges also pose a threat.
Shares o fMicron have underperformed the Zacks Computer – Integrated Systems industry over the last six months (-23.6% vs. -0.3%). Per the Zacks analyst, the U.S./China trade war poses a major threat to the company. Also, Micron’s near-term prospects look gloomy as weakening consumer spending is negatively impacting demand for memory chips used in personal computers and smartphones.
However, improved market conditions, strong sales executions, robust growth across multiple business units, positive impact of inventory improvement in the data center and stabilization in other end-markets have benefited the company.
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.
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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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The Zacks Analyst Blog Highlights Toyota Motor, RTX and Micron
For Immediate Release
Chicago, IL – December 3, 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: Toyota Motor Corp. (TM - Free Report) , RTX Corp. (RTX - Free Report) and Micron Technology, Inc. (MU - Free Report) .
Here are highlights from Monday’s Analyst Blog:
Top Analyst Reports for Toyota, RTX and Micron
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 Toyota Motor Corp., RTX Corp. and Micron Technology, 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 >>>
Toyota’s shares have outperformed the Zacks Automotive – Foreign industry over the past two years (+19.2% vs. +0.6%). The Zacks analyst believes that Toyota is taking strategic steps, including restoring production, optimizing inventory to manage incentives and reducing complexity to streamline operations and improve efficiency. It is also ramping up investment in electrification with solid-state batteries and an expanding lineup.
However, high R&D expenses on advanced technologies and alternative fuels for the development of electric and autonomous vehicles are causing some pain in the near term.
(You can read the full research report on Toyota here >>>)
RTX’s shares have outperformed the Zacks Aerospace - Defense industry over the past year (+46.6% vs. -3.9%). The Zacks analyst believes that the company continues to receive ample orders for its wide range of combat-proven defense products from the Pentagon and its foreign allies. Improving commercial air traffic has also been bolstering the company.
Yet, rising crude prices tend to put cost pressure on airlines that may impact commercial OEM producers like RTX. The company may also be affected if China enforces its announced sanctions against its missile and defense unit. Supply-chain challenges also pose a threat.
(You can read the full research report on RTX here >>>)
Shares o fMicron have underperformed the Zacks Computer – Integrated Systems industry over the last six months (-23.6% vs. -0.3%). Per the Zacks analyst, the U.S./China trade war poses a major threat to the company. Also, Micron’s near-term prospects look gloomy as weakening consumer spending is negatively impacting demand for memory chips used in personal computers and smartphones.
However, improved market conditions, strong sales executions, robust growth across multiple business units, positive impact of inventory improvement in the data center and stabilization in other end-markets have benefited the company.
(You can read the full research report on Micron 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.
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.