Zacks Analyst Blog Highlights Oracle, Texas Instruments, Caterpillar, Lowe’s Companies and Enbridge
For immediate release
Chicago, IL – June 16, 2022 – Zacks.com announces the list of stocks featured in the analyst blog. Every day, Zacks Equity Research analysts discuss the latest news and events impacting stocks and financial markets. Stocks recently featured in the blog include: Oracle Corp. ORCL, Texas Instruments Inc. TXN, Caterpillar Inc. CAT, Lowe’s Companies, Inc. LOW and Enbridge Inc. ENB.
Here are highlights from Wednesday’s analyst blog:
Top Inventory Reports for Oracle, Texas Instruments and Caterpillar
Zacks Research Daily features top research results from our team of analysts. Today’s Research Daily features new research reports on 16 major stocks, including Oracle Corp., Texas Instruments Inc. and Caterpillar Inc. These research reports have been handpicked from the nearly 70 reports published by our analyst team today.
You can see all research reports from today here >>>
Oracle equities have notably held up better than the peer group in the current market turmoil (the stock is down -6.9% over the past year compared to the -13.0% decline) of Zacks Computer – Software industry, despite increasing spending on product enhancements, especially towards cloud platform, amid growing cloud competition. That said, Oracle continues to benefit from continued momentum in its cloud business, driven by strong adoption of Oracle Cloud Infrastructure services and Autonomous Database offerings.
The massive adoption of cloud-based applications, including NetSuite Enterprise Resource Planning (ERP), Fusion ERP and Fusion Human Capital Management (HCM), bodes well. Strong demand for Oracle Dedicated Region [email protected] is expected to drive revenue. Partnerships with Accenture and Microsoft help Oracle win new customers. The company’s stock buybacks and dividend policy are outstanding.
(You can read the full Oracle research report here >>>)
Texas Instruments stocks have fallen -15.1% over the past year against the decline of the semiconductor industry – overall -17.6%. The Zacks analyst believes weakness in the personal electronics market remains a headwind. Additionally, heightened market competition and uncertainties related to the coronavirus are of concern. However, the company is benefiting from a strong rebound in the automotive market. In addition, the strong demand environment in the industrial, communications equipment and enterprise systems markets is a major plus.
In addition, strong momentum in the analog segment, thanks to a robust signal chain and power product lines, is contributing well to revenues. In addition, the strong Embedded Processing segment made a good contribution. Notably, solid investments in new growth paths and competitive advantages remain tailwinds. The company’s long-life product portfolio and efficient manufacturing strategies are further positives.
(You can read the full Texas Instrument research report here >>>)
caterpillar since the beginning of the year (+1.3% against -0.9%). The Zacks analyst believes that due to soaring commodity prices and the energy transition trend, a thriving mining sector will help the resource industries segment. Its dividend yield and payout ratio are higher than those of its peers. A strong liquidity position, investments in service expansion and digital initiatives will help Caterpillar generate exceptional long-term returns.
However, the company’s revenue and profit grew year-over-year for five consecutive quarters on the back of its cost-cutting measures, strong end-market demand and pricing actions that contributed to offset the impact of ongoing supply chain challenges and cost pressures. We expect the company’s adjusted earnings per share for 2022 to grow 20% on revenue up 14%. The Construction Industries segment is expected to benefit from increased construction activity in the United States and other parts of the world.
(You can read the full Caterpillar research report here >>>)
Other noteworthy reports we’re featuring today include Lowe’s Companies, Inc. and Enbridge Inc.
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Texas Instruments Incorporated (TXN): Free Stock Analysis Report
Caterpillar Inc. (CAT): Free Inventory Analysis Report
Lowe’s Companies, Inc. (LOW): Free Stock Analysis Report
Oracle Corporation (ORCL): Free Inventory Analysis Report
Enbridge Inc (ENB): Free Inventory Analysis Report
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