Top analysts report strong prospects for Meta Platforms, Tesla, and Thermo Fisher Scientific.

From Nasdaq: 2024-10-28 16:16:00

The Zacks Research Daily showcases new reports on major stocks, including Meta Platforms, Inc. (META), Tesla, Inc. (TSLA), Thermo Fisher Scientific Inc. (TMO), and micro-cap stock Where Food Comes From, Inc. (WFCF). Meta Platforms benefits from user growth and AI utilization, while Tesla thrives in energy generation and storage. Thermo Fisher’s growth is fueled by product launches and customer partnerships. Where Food Comes From sees revenue growth from verification services but faces challenges in product sales and rising expenses.

Meta Platforms has outperformed the Zacks Internet – Software industry with steady user growth and strong engagement across its platforms. Tesla’s long-term prospects remain strong, supported by its Energy Generation & Storage segment and AI advancements. Thermo Fisher Scientific is utilizing the PPI Business System to navigate tough economic conditions and drive strong financial performance. Where Food Comes From demonstrates strong revenue growth in core verification services but faces challenges in product sales and rising expenses.

Where Food Comes From, Inc. has underperformed in the Zacks Consumer Services – Miscellaneous industry due to challenges in the cattle industry and declining product sales. The company shows strong revenue growth in verification services but faces issues with profitability due to rising expenses. Expansions into new services position WFCF for growth despite challenges.

Other noteworthy reports featured today include Citigroup Inc. (C), Regeneron Pharmaceuticals, Inc. (REGN), and General Dynamics Corp. (GD). Citigroup’s streamlining efforts aid amidst rising costs, while Regeneron benefits from Dupixent profits but faces challenges with Eylea. General Dynamics gains from defense orders but experiences supply chain issues.

Aon’s new business growth and retention aid profitability but high costs are a concern. Las Vegas Sands benefits from capital investments but faces challenges with high costs. TechnipFMC is poised to benefit from its Next-Gen Subsea Suite. Under Armour gains from strategic brand transformation efforts. Amphenol benefits from end-market strength and diversification. Wabtec rides on dividends, buybacks, and the Freight Segment’s performance. Rogers Communication benefits from internet subscriber growth. Valero faces challenges from high crude prices impacting refining margins. A. O. Smith experiences weakness in the North America segment. Western Digital faces stiff competition and high debt burden.



Read more at Nasdaq: Top Analyst Reports for Meta Platforms, Tesla & Thermo Fisher Scientific