Top Analyst Reports for JPMorgan, NVIDIA & Toyota Motor

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="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 JPMorgan Chase (JPM),&nbsp;NVIDIA (NVDA) and Toyota Motor (TM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.” data-reactid=”20″>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 JPMorgan Chase (JPM), NVIDIA (NVDA) and Toyota Motor (TM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="You can see&nbsp;all of&nbsp;today’s&nbsp;research reports here &gt;&gt;&gt;” data-reactid=”21″>You can see all of today’s research reports here >>>

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="JPMorgan&nbsp;shares have outperformed the Zacks Major Regional Banks industry in the year-to-date period (-28.5% vs. -33.5%), but have otherwise struggled given the unfavorable interest rate environment. The Zacks analyst believes that while the macro backdrop remains unhelpful, JPMorgan remains well positioned given branch openings in new regions, acquisition of InstaMed, the recent reversal in mortgage banking business and focus on credit card operation.” data-reactid=”26″>JPMorgan shares have outperformed the Zacks Major Regional Banks industry in the year-to-date period (-28.5% vs. -33.5%), but have otherwise struggled given the unfavorable interest rate environment. The Zacks analyst believes that while the macro backdrop remains unhelpful, JPMorgan remains well positioned given branch openings in new regions, acquisition of InstaMed, the recent reversal in mortgage banking business and focus on credit card operation.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Also, the company will be keeping the dividend level unchanged in the third quarter, following the clearance of annual stress test results. Also, the company has an impressive earnings surprise history. It has outpaced the Zacks Consensus Estimate in three of the trailing four quarters.” data-reactid=”27″>Also, the company will be keeping the dividend level unchanged in the third quarter, following the clearance of annual stress test results. Also, the company has an impressive earnings surprise history. It has outpaced the Zacks Consensus Estimate in three of the trailing four quarters.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="However, the Fed’s accommodative policy and near-zero rates are expected to hurt the bank’s interest income and margins. Further, coronavirus-induced economic downturn will likely continue to hamper business activities. Thus, loan growth will likely be muted in the near term.” data-reactid=”28″>However, the Fed’s accommodative policy and near-zero rates are expected to hurt the bank’s interest income and margins. Further, coronavirus-induced economic downturn will likely continue to hamper business activities. Thus, loan growth will likely be muted in the near term.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on JPMorgan here &gt;&gt;&gt;)” data-reactid=”29″>(You can read the full research report on JPMorgan here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="NVIDIA has long been viewed as play on the video gaming space given the company’s leadership position in the GPU space. But the company has establised itself in all key areas such cloud, AI and analytics. No doubt it has been such a stock market overachiever, with the momentum expected to continue after its quarterly report on Wednesday that is expected to show datacenter revenues exceeding gaming receipts for the first time.&nbsp;” data-reactid=”30″>NVIDIA has long been viewed as play on the video gaming space given the company’s leadership position in the GPU space. But the company has establised itself in all key areas such cloud, AI and analytics. No doubt it has been such a stock market overachiever, with the momentum expected to continue after its quarterly report on Wednesday that is expected to show datacenter revenues exceeding gaming receipts for the first time. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The company is also benefiting from strong growth in GeForce desktop and notebook GPUs, which is boosting gaming revenues. Moreover, a surge in Hyperscale demand remains a tailwind for the company’s Data Center business. The company expanded NVIDIA GeForce NOW in the last quarter, which is expected to drive user base.” data-reactid=”31″>The company is also benefiting from strong growth in GeForce desktop and notebook GPUs, which is boosting gaming revenues. Moreover, a surge in Hyperscale demand remains a tailwind for the company’s Data Center business. The company expanded NVIDIA GeForce NOW in the last quarter, which is expected to drive user base.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Further, the solid uptake of AI-based smart cockpit infotainment solutions is a boon. Additionally, its latest collaboration with Mercedes-Benz is expected to further strengthen NVIDIA’s presence in the autonomous vehicles and other automotive electronics space. However, in the near term, management expects a $100-million negative impact of the coronavirus menace on revenues. Moreover, the U.S.-China trade war remains a key concern.” data-reactid=”32″>Further, the solid uptake of AI-based smart cockpit infotainment solutions is a boon. Additionally, its latest collaboration with Mercedes-Benz is expected to further strengthen NVIDIA’s presence in the autonomous vehicles and other automotive electronics space. However, in the near term, management expects a $100-million negative impact of the coronavirus menace on revenues. Moreover, the U.S.-China trade war remains a key concern.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on NVIDIA here &gt;&gt;&gt;)” data-reactid=”33″>(You can read the full research report on NVIDIA here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Toyota Motor&nbsp;shares have gained +14.6% over the past three months against the Zacks Foreign Automotive industry’s rise of +20.1%. The Zacks analyst believes that an expanding portfolio of product lines is driving Toyota’s prospects.” data-reactid=”34″>Toyota Motor shares have gained +14.6% over the past three months against the Zacks Foreign Automotive industry’s rise of +20.1%. The Zacks analyst believes that an expanding portfolio of product lines is driving Toyota’s prospects.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In order to capitalize on the accelerated global shift to electric cars, the Japanese auto giant is focusing on developing electric and autonomous vehicles. The company is working on hydrogen fuel stations in collaboration with various partners. The firm aims to achieve half its global sales from electric vehicles by 2025.” data-reactid=”35″>In order to capitalize on the accelerated global shift to electric cars, the Japanese auto giant is focusing on developing electric and autonomous vehicles. The company is working on hydrogen fuel stations in collaboration with various partners. The firm aims to achieve half its global sales from electric vehicles by 2025.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="However, Toyota expects consolidated vehicle sales of 7.2 million units, indicating a decline from roughly 9 million units recorded in fiscal 2020 amid the coronavirus pandemic crisis. High research and development expenses on advanced technologies for the development of EVs and driverless cars are also likely to dent near-term margins. Its high debt levels also remain a concern.” data-reactid=”36″>However, Toyota expects consolidated vehicle sales of 7.2 million units, indicating a decline from roughly 9 million units recorded in fiscal 2020 amid the coronavirus pandemic crisis. High research and development expenses on advanced technologies for the development of EVs and driverless cars are also likely to dent near-term margins. Its high debt levels also remain a concern.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="(You can&nbsp;read the full research report on Toyota Motor here &gt;&gt;&gt;)” data-reactid=”37″>(You can read the full research report on Toyota Motor here >>>)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other noteworthy reports we are featuring today include Sanofi (SNY), Fidelity National Information Services (FIS) and American Express (AXP).” data-reactid=”38″>Other noteworthy reports we are featuring today include Sanofi (SNY), Fidelity National Information Services (FIS) and American Express (AXP).

<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Looking for Stocks with Skyrocketing Upside?” data-reactid=”39″>Looking for Stocks with Skyrocketing Upside?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.” data-reactid=”40″>Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.” data-reactid=”41″>Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.