Top Stock Reports highlight positive performance and growth expectations for Cisco, Abbott, and Coca-Cola
From Zacks Investment Research: 2025-01-24 17:32:24
Today’s Zacks Research Daily highlights 16 major stocks, including Cisco Systems, Abbott Laboratories, and The Coca-Cola Co. Cisco’s shares have outperformed the industry, with subscriptions accounting for over half of its total revenues. The company’s Splunk acquisition expands its software-based solutions and strengthens its security portfolio. Abbott’s shares have outperformed the industry, with positive momentum driven by Freestyle Libre and Alinity systems. However, headwinds such as COVID-19 testing-related sales runoff and tough macro conditions impact growth. Coca-Cola’s shares have also outperformed the industry, with strong sales and earnings results in Q3 2024. The company expects organic revenue growth of 10% for 2024.
Read more at Zacks Investment Research: Top Stock Reports for Cisco, Abbott & Coca-Cola – January 24, 2025