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The Zacks Analyst Blog Highlights: United Parcel Service, 3M, Texas Instruments, Costco and Advanced Micro Devices

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·4 min read
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For Immediate Release

Chicago, IL – April 30, 2021 – 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: United Parcel Service, Inc. UPS, 3M Company MMM, Texas Instruments Incorporated TXN, Costco Wholesale Corporation COST and Advanced Micro Devices, Inc. AMD.

Here are highlights from Thursday’s Analyst Blog:

Top Research Reports for UPS, 3M and More

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 United Parcel Service, and 3M Company. 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 >>>

United Parcel Service shares have gained +28.5% over the last three months against the Zacks Transportation - Air Freight and Cargo industry’s gain of +24.5%. The Zacks analyst believes that an exponential e-commerce growth has been aiding UPS amid the ongoing pandemic.

The company performed very well in the first-quarter 2021, reporting better-than-expected earnings per share and revenues. The results were aided by an expanded volume of deliveries. Further, strong free cash flow generation is another positive for the company.

However, high operating expenses pose concerns. Moreover, management's decision to not provide any earnings and revenue guidance for 2021 sheds light on the uncertainty ahead.

(You can read the full research report on United Parcel Service here >>>)

Shares of 3M have gained +23.4% in the past six months against the Zacks Diversified Operations industry’s gain of +30.9%. The Zacks analyst believes that 3M is well-positioned to benefit from its solid product portfolio, marketing activities, as well as shareholder-friendly policies.

In first-quarter 2021, the company’s earnings and sales surpassed estimates by 23.11% and 5.92%, respectively. Further, increased demand for respirators boosted sales by $190 million during the quarter.

However, inflation in raw materials and logistic costs are predicted to hurt earnings in the quarters ahead. Also, debt-related woes, international exposure and restructuring charges are other major concerns for the company.

(You can read the full research report on 3M here >>>)

Other noteworthy reports we are featuring today include Texas Instruments, Costco Wholesale and Advanced Micro Devices.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>

Media Contact

Zacks Investment Research

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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.


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
 
3M Company (MMM) : Free Stock Analysis Report
 
United Parcel Service, Inc. (UPS) : Free Stock Analysis Report
 
Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report
 
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
 
Texas Instruments Incorporated (TXN) : Free Stock Analysis Report
 
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