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The Zacks Analyst Blog Highlights Costco Wholesale, NIKE, Fiserv, UnitedHealth and America Movil

For Immediate Release

Chicago, IL – April 22, 2024 – 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: Costco Wholesale Corp. COST, NIKE, Inc. NKE, Fiserv, Inc. FI, UnitedHealth Group Inc. UNH and América Móvil, S.A.B. de C.V. AMX.

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for Costco, NIKE and Fiserv

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 Costco Wholesale Corp., NIKE, Inc. and Fiserv, Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

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You can see all of today's research reports here >>>

Costco's shares have outperformed the Zacks Retail – Discount Stores industry over the past year (+40.6% vs. +18.9%). The Zacks analyst believes that strategic investments, a customer-centric approach, merchandise initiatives, and an emphasis on membership growth have been aiding the company. A favorable product mix, steady store traffic, pricing power and strong liquidity position have also helped.

However, stiff competition from BJ's Wholesale Club and Sam's Club, exposure to foreign currency fluctuations and a competitive disadvantage in stock price remain major headwinds.

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

NIKE's shares have outperformed the Zacks Shoes and Retail Apparel industry over the past year (-23.1% vs. -24.4%). The Zacks analyst believes that continued progress on Consumer Direct Acceleration strategy, compelling product innovation and digital leadership have been helping NIKE stay ahead of its industry's performance. The company expects strong gross margin execution and disciplined cost management going forward.

Yet, NIKE is witnessing inflationary pressures. Elevated demand creation expenses lead to higher SG&A expenses.

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

Shares of Fiserv have outperformed the Zacks Financial Transaction Services industry over the last six months (+32.9% vs. +16.7%). Per the Zacks analyst, the company's broad and diverse customer base, and continued technology upgrades have aided. A diversified product portfolio, acquisitions, and customer and shareholder rewards have also been driving growth.

However, maintaining strong and long-term client relationships has been a difficult task amid stiff competition. Acquisition of many companies also incur integration risk. The company deals with sensitive data, exposing it to cyber threats.

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

Other noteworthy reports we are featuring today include UnitedHealth Group Inc. and América Móvil, S.A.B. de C.V..

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Zacks Investment Research

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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.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NIKE, Inc. (NKE) : Free Stock Analysis Report

UnitedHealth Group Incorporated (UNH) : Free Stock Analysis Report

America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report

Costco Wholesale Corporation (COST) : Free Stock Analysis Report

Fiserv, Inc. (FI) : Free Stock Analysis Report

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Zacks Investment Research