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Top Stock Reports for Adobe, Thermo Fisher & BHP Group

Today's Research Daily features new research reports on 16 major stocks, including Adobe Inc. (ADBE), Thermo Fisher Scientific Inc. (TMO), and BHP Gro...

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This story originally appeared on Zacks

Tuesday, August 31, 2021

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 Adobe Inc. (ADBE), Thermo Fisher Scientific Inc. (TMO), and BHP Group (BHP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

- Zacks

You can see all of today’s research reports here >>>

Shares of Adobe have modestly outperformed the Zacks Software industry in the year to date period (+33.1% vs. +32.5%) as the company continues to benefit from strong demand for its cloud products. The company’s Creative Cloud, Document Cloud and Adobe Experience Cloud products have been supporting its top-line growth.

Rising subscription revenues and solid momentum across the mobile apps remain major positives. Growth in emerging markets, robust online video creation demand, strong Acrobat adoption and improving average revenue per user remain tailwinds. Lower end-market demand and high acquisition expenses remain major overhangs though.

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

Thermo Fisher shares have gained +20.8% over the last six months against the Zacks Medical Instruments industry’s gain of +10.1%. The Zacks analyst believes that it has been expanding its inorganic growth profile on the back of several takeovers.

The company witnessed strong end market growth in the second quarter on the back of robust fundamentals in the life sciences, strong economic activity globally and strong pandemic response. Its second-quarter 2021 COVID-19 response revenues, however, declined to $1.9 billion from the prior quarter’s $2.9 billion. Foreign currency fluctuations and competitive landscape are other major threats to the company.

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

Shares of BHP Group have lost -13.2% in the past three months against the Zacks Mining - Miscellaneous industry’s loss of -9.9%, however, BHP Group’s fiscal 2021 revenues and underlying attributable profit improved year over year.

The Zacks analyst believes that strong cash generation, investment in growth projects and higher operational efficacy, as well as solid long-term outlook for metal prices bode well for BHP Group. Exit of petroleum business, investment in growth projects and decision to unify its dual-listed structure will aid growth as well. The spread of the Delta variant is likely to play a spoil sport for the company. Higher input costs and the recent drop in iron ore prices also remain concerns.

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

Other noteworthy reports we are featuring today include Philip Morris International Inc. (PM), Atlassian Corporation Plc (TEAM) and Chubb Limited (CB).

Sheraz Mian

Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>



Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. 

See 3 crypto-related stocks now >>



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

 

BHP Group Limited Sponsored ADR (BHP): Free Stock Analysis Report

 

Philip Morris International Inc. (PM): Free Stock Analysis Report

 

Chubb Limited (CB): Free Stock Analysis Report

 

Thermo Fisher Scientific Inc. (TMO): Free Stock Analysis Report

 

Adobe Inc. (ADBE): Free Stock Analysis Report

 

Atlassian Corporation PLC (TEAM): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research