Positive

From Nasdaq: 2024-10-30 16:24:00

In today’s Zacks Research Daily, reports on major stocks like Amazon.com, Johnson & Johnson, Boston Scientific Corp, and micro-cap stock Armanino Foods of Distinction are highlighted. Amazon.com continues to outperform, benefiting from strong Prime momentum and AWS adoption. Johnson & Johnson faces challenges in its MedTech segment but is making progress with its pipeline. Boston Scientific is seeing strength in its target markets, while Armanino Foods is experiencing record-breaking financial performance and market dominance.

The Zacks Research Daily also features reports on CME Group Inc., The Bank of New York Mellon Corp., Leidos Holdings, Inc., and other companies. CME Group is set to grow with higher clearing and transaction fees. Leidos is poised to benefit from increasing U.S. defense budgetary funds. The Research Daily also includes reports on companies like First Solar, Applied Industrial, and Boyd Gaming, outlining their respective opportunities and challenges.

Zacks also highlights the top semiconductor stock to watch, which has significant growth potential in the rapidly expanding semiconductor manufacturing market. With strong earnings growth and a growing customer base, this stock is positioned to capitalize on the demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to grow from $452 billion in 2021 to $803 billion by 2028.

For more detailed information and analysis on these stocks and others, readers can access the full research reports on the Zacks Research Daily website.



Read more at Nasdaq: Top Stock Reports for Amazon.com, Johnson & Johnson and Boston Scientific