Subscribe to Entrepreneur for $5
Subscribe

Top Research Reports for Home Depot, salesforce & Pfizer

Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), salesforce.com, inc. (CRM), and Pfizer I...

By
This story originally appeared on Zacks

Friday, September 24, 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 The Home Depot, Inc. (HD), salesforce.com, inc. (CRM), and Pfizer Inc. (PFE). 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 Home Depot have modestly outperformed the Zacks Retail Building Products industry over the past year (+28.5% vs. +25.8%). The Zacks analyst acknowledges the fact that the One Home Depot plan, which focuses on expanding supply chain, technology investments and digital enhancements has proved to be greatly beneficial for the company.

Steady growth in Pro and DIY customer categories is another major catalyst for growth. It has also been effectively adapting to the demand for renovations and construction activities, driven by prudent investments. Increased penetration of lumber products and continued pressure from higher transportation costs are major concerns though. The company also witnessed year-over-year moderation in its comparable store sales growth in second-quarter fiscal 2021.

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

salesforce shares have gained +37% in the last six months against the Zacks Computer Software industry’s gain of +29.4%. The Zacks analyst believes that diverse cloud offerings, clientele strength, strategic acquisitions and partnerships have been driving the company’s growth.

salesforce’s sustained focus on introducing more aligned products and continued deal wins in the international market have been boosting its top line. Slack’s acquisition is also likely to position the company as a leader in the enterprise team collaboration solution space. Cut-throat competition, currency fluctuations and increased spending on international expansions and data centers have been weighing on the company’s near-term prospects though.

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

Shares of Pfizer have gained +14.3% in the past three months against the Zacks Large-Cap Pharmaceuticals industry’s gain of +1.9%. The Zacks analyst believes that its sustainable pipeline with multiple late-stage programs is likely to drive growth.

Its COVID-19 vaccine candidate has now been approved for emergency use in several countries, thereby becoming a key contributor to the top line. The Consumer Healthcare JV with Glaxo and the merger of Upjohn unit with Mylan has made Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines. Currency headwinds and pricing pressure, however, remain as major headwinds.

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

Other noteworthy reports we are featuring today include Sony Group Corporation (SONY), International Business Machines Corporation (IBM) and Zoetis Inc. (ZTS).

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>>>



Time to Invest in Legal Marijuana

If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.

After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.

You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.

Today, Download Marijuana Moneymakers FREE >>



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

 

salesforce.com, inc. (CRM): Free Stock Analysis Report

 

International Business Machines Corporation (IBM): Free Stock Analysis Report

 

Pfizer Inc. (PFE): Free Stock Analysis Report

 

The Home Depot, Inc. (HD): Free Stock Analysis Report

 

Zoetis Inc. (ZTS): Free Stock Analysis Report

 

Sony Corporation (SONY): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research