Monday, February 14, 2022
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 Alphabet Inc. (GOOGL), Texas Instruments Inc. (TXN) and Linde plc (LINEN). These research reports have been handpicked from the approximately 70 reports published today by our team of analysts.
You can see all today’s research reports here >>>
Shares of Alphabet outperformed the S&P 500 over the past year (+28.2% vs. +13.7%). The Zacks analyst believes Alphabet’s dominant search market, expanding cloud footprint and stronger presence in the smart home market are key drivers of growth.
Strong momentum in the search, advertising, cloud and YouTube businesses also supported revenue. Major updates in its search segment are improving search results and Google’s mobile search is constantly gaining popularity. The focus on artificial intelligence and the home automation space is likely to drive long-term business growth. Growing litigation issues remain a concern for Alphabet, however.
(You can read the full Alphabet research report here >>>)
Texas Instruments shares are down -12.3% over the past six months against the industry’s +6.3% rise Zacks General Semiconductor, although things appear to be improving. The Zacks analyst believes Texas Instruments continues to benefit from strong demand in the high-margin automotive and industrial verticals.
Solid investment in new growth paths remains a tailwind. TXN’s long-life product portfolio and efficient manufacturing strategies are further positives. The steady increase in demand for electronic components also supported revenues. However, the uncertainties linked to the pandemic continue to weigh on margins.
(You can read the full Texas Instruments research report here >>>)
Shares of Linde lost -11.5% over the past three months against Zacks Oil & Gas Services industry’s +0.5% gain. Higher cost of sales hurt Linde’s bottom line. LIN has also paid a lower dividend yield than the industry over the past two years.
The Zacks analyst, however, believes that with the improvement in industrial production worldwide, Linde should benefit from the recovery in industrial gas demand. LIN recently announced strong fourth quarter results due to higher prices and volumes in the electronics, energy and chemicals end markets.
(You can read the full Linde research report here >>>)
Other notable reports we feature today include Deere & Co. (OF), The TJX Companies, Inc. (TJX) and MetLife, Inc. (ENCOUNTER).
Note: Sheraz Mian leads the equity research department at Zacks and is a well-known expert on overall earnings. He is frequently quoted in the written and electronic press and publishes the weekly Earnings Trends and Earnings overview reports. If you would like to receive an email notification whenever Sheraz publishes a new article, please click here>>>