The Zacks Analyst Blog Highlights Berkshire Hathaway, Cisco Systems, Raytheon Technologies, The TJX Companies and Bayer Aktiengesellschaft

For Immediate Release

Chicago, IL – November 2, 2022 – 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: Berkshire Hathaway Inc. (BRK.B), Cisco Systems, Inc. CSCO, Raytheon Technologies Corp. RTX, The TJX Companies, Inc. TJX and Bayer Aktiengesellschaft BAYRY.

Here are highlights from Tuesday’s Analyst Blog:

Top Analyst Reports for Berkshire Hathaway, Cisco and Raytheon

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 Berkshire Hathaway Inc. (BRK.B), Cisco Systems, Inc. (CSCO) and Raytheon Technologies Corp. (RTX). 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 >>>

Berkshire Hathaway shares have gained +2.5% over the past year against the Zacks Insurance - Property and Casualty industry's gain of +3.8%. The company is one of the largest property and casualty insurance companies measured by premium volume. Berkshire's inorganic growth story remains impressive with strategic acquisitions. A strong cash position supports earnings-accretive bolt-on buyouts and indicates the company's financial flexibility.

Continued insurance business growth fuels increase in float, drives earnings and generates maximum return on equity. The non-insurance businesses are delivering improved results with increased revenues over the past few years. A sturdy capital level provides further impetus.

However, exposure to catastrophe loss induces earnings volatility and also affects the property and casualty underwriting results of Berkshire. Huge capital expenditure remains a headwind for the company.

(You can read the full research report on Berkshire Hathaway here >>>)

Cisco Systems shares have performed in-line with the Zacks Computer - Networking industry over the past two years (+26.5% vs. +26.3%). The company is benefiting from healthy uptake of identity and access, advanced threat and unified threat management security solutions amid high growth in Internet traffic.

The buyout of Acacia is a key catalyst. Cisco's expanding portfolio with the launch of Silicon One-based 8000 routers, Nexus Cloud, Calisti and Panoptica. Cisco also announced AppDynamics Cloud, a next-gen version of its observability platform for cloud native applications.

Cisco's investments across its security business, focusing on cloud-based offerings, is expected to drive growth. Cisco provided a strong outlook for first-quarter fiscal 2023 and fiscal 2023.

(You can read the full research report on Cisco Systems here >>>)

Raytheon Technologies shares have outperformed the Zacks Aerospace - Defense Equipment industry over the past year (+8.0% vs. -0.1%). The company continues to receive ample orders for its combat-proven defense products from the Pentagon.

A steady recovery in commercial air traffic has been boosting commercial OEM as well as commercial aftermarket sales for Raytheon in recent times. The stock holds a solid solvency position yet it is feeling the pinch of economic sanctions imposed by governments in response to Russia's invasion in Ukraine.

However, a comparative analysis of its trailing 12-month Price/Book ratio reflects a relatively gloomy picture. The appreciating U.S. dollar along with inflationary pressure has been burdening airlines, which may pose a risk to the stock.

(You can read the full research report on Raytheon Technologies here >>>)

Other noteworthy reports we are featuring today include The TJX Companies, Inc. and Bayer Aktiengesellschaft.

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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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The TJX Companies, Inc. (TJX) : Free Stock Analysis Report
 
Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report
 
Berkshire Hathaway Inc. (BRK.B) : Free Stock Analysis Report
 
Bayer Aktiengesellschaft (BAYRY) : Free Stock Analysis Report
 
Raytheon Technologies Corporation (RTX) : Free Stock Analysis Report
 
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