Top Stock Reports for Thermo Fisher, McDonald's & Union Pacific
Tuesday, August 10, 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 Thermo Fisher Scientific Inc. (TMO), McDonald's Corporation (MCD), and Union Pacific Corporation (UNP). 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 >>>
Shares of Thermo Fisher have outperformed the Zacks Medical Instruments industry over the past year (+33.2% vs. +17.2%) on the back of the company's acquisitions-driven growth profile. The notable transaction in that respect are the Advanced Bioprocessing buyout from BD and Patheon.
The company delivered a strong performance in the second quarter of 2021 on the back of accelerated growth in its Base business. Strong end market growth was driven by robust fundamentals in the life sciences, strong economic activity globally and strong pandemic response. A slowdown in COVID-19 testing demand in the past few months, however, led to a huge fall in the company’s pandemic response revenues.
(You can read the full research report on Thermo Fisher here >>>)
McDonald's shares have gained +10.3% over the last six months against the Zacks Restaurants industry’s gain of +11.1%, however, it’s second-quarter 2021 earnings and revenues handily beat the Zacks Consensus Estimate. The Zacks analyst believes that the company’s efforts to strengthen its position through various sales initiatives as well as its increased focus on franchising bode well.
More than 80% of the company’s restaurants across 100 markets globally provide delivery. It has been making every effort to drive growth in international markets. Earnings estimates for 2021 have witnessed upward revisions lately. Pandemic-induced uncertainties as well as weak comps in France and Germany, are major concerns for the company.
(You can read the full research report on McDonald's here >>>)
Shares of Union Pacific have gained +7.4% in the year to date period against the Zacks Rail industry’s gain of +5.5%. The Zacks analyst is impressed with the company's efforts to reward its shareholders despite the prevalent uncertainties induced by the pandemic.
With economic activities gaining pace, overall volumes are improving. In second-quarter 2021, overall volumes improved 22% year over year with the metric improving at all three units, bulk, industrial and premium owing to higher shipments. Increase in expenses on fuel, however, is leading to an uptick in operating costs.
(You can read the full research report on Union Pacific >>>)
Other noteworthy reports we are featuring today include Booking Holdings Inc. (BKNG), Gilead Sciences, Inc. (GILD) and Uber Technologies, Inc. (UBER).
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>>>
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
Union Pacific Corporation (UNP) : Free Stock Analysis Report
Gilead Sciences, Inc. (GILD) : Free Stock Analysis Report
McDonalds Corporation (MCD) : Free Stock Analysis Report
Thermo Fisher Scientific Inc. (TMO) : Free Stock Analysis Report
Booking Holdings Inc. (BKNG) : Free Stock Analysis Report
Uber Technologies, Inc. (UBER) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
