The Zacks Analyst Blog Highlights: Exxon Mobil, Thermo Fisher Scientific, Costco, Applied Materials and Automatic Data Processing

For Immediate Release

Chicago, IL – March 25, 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: Exxon Mobil Corporation

XOM

, Thermo Fisher Scientific Inc.

TMO

, Costco Wholesale Corporation

COST

, Applied Materials, Inc.

AMAT

and Automatic Data Processing, Inc.

ADP

.

Here are highlights from Wednesday’s Analyst Blog:


Top Research Reports for Exxon Mobil, Thermo Fisher and Costco

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 Exxon Mobil, Thermo Fisher Scientific and Costco. 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 >>>



Exxon Mobil

shares have outperformed the Zacks Integrated International Oil industry over the past year (+52.7% vs. +27.1%). The Zacks analyst believes that major discoveries in the Stabroek Block have enhanced prospects for ExxonMobil’s upstream businesses.

ExxonMobil’s bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management’s track record of capex discipline across the commodity price cycle make it a relatively lower-risk energy sector play.

Also, the leading integrated energy company has significant lower debt exposure as compared to other integrated majors. Overall, ExxonMobil is not focusing aggressively on production in order to win back investors but instead is making every effort to preserve shareholder’s capital while lowering costs.

(You can



read the full research report on Exxon Mobil here >>>



)


Thermo Fisher

’s shares have gained +6.7% over the last six months against the Zacks Medical Instruments industry’s gain of +3.6%. The Zacks analyst believes that Thermo Fisher is expanding inorganic growth profile with several takeovers including the Advanced Bioprocessing buyout from BD and Patheon.

The company ended the fourth quarter as well as full-year 2020 with better-than-expected numbers. It delivered an outstanding quarterly performance with strong organic growth leveraging on capacity to extend support amid pandemic.

A strong capital structure looks also encouraging. However, the coronavirus outbreak has massively disrupted the global supply chain. Foreign currency fluctuations and competitive landscape are major downsides.

(You can



read the full research report on Thermo Fisher here >>>



)

Shares of

Costco

have lost -6.8% in the past three months against the Zacks Discount Retail industry’s loss of -1.4%. The Zacks analyst believes that the company’s growth strategies, better price management, decent membership trend and increasing penetration of e-commerce business reinforce its position.

Costco put up a decent performance in second-quarter fiscal 2021, wherein both the top and the bottom lines grew year over year. While earnings missed the Zacks Consensus Estimate, revenues surpassed the same.

Also, Costco maintained a stellar comps run. However, weak margins remain a concern. Any deleverage in SG&A rate as well incremental wages and sanitation costs cannot be ignored.

(You can



read the full research report on Costco here >>>



)

Other noteworthy reports we are featuring today include Applied Materials and Automatic Data Processing.

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Zacks Investment Research

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[email protected]


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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.

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