Wednesday, September 28, 2022The 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 Broadcom Inc. (AVGO), Comcast Corp. (CMCSA) and Equinor ASA (EQNR). 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 >>>Broadcom shares have declined -5.4% over the past year against the Zacks Electronics - Semiconductors industry’s decline of -22.0%. Increasing competition, along with high debt levels, are persistent overhangs for the company. However, the top-line growth was driven by strength in cloud and service provider segments.Networking is riding on strong adoption of Broadcom’s next-gen merchant switching and routing solutions by hyperscalers, enterprises and service providers. Aggressive adoption of its next-generation server storage solutions by hyperscalers is expected to drive top-line growth.Broadcom expects fiscal fourth-quarter networking and server storage revenues to grow 30% and 45% on a year-over-year basis, respectively. Upbeat fourth-quarter fiscal 2022 guidance is encouraging. The VMware acquisition will aid prospects over the long term.(You can read the full research report on Broadcom here >>>)Comcast shares have declined -44.8% over the past year against the Zacks Cable Television industry’s decline of -49.0%. The company second-quarter 2022 results reflected slowing broadband user-base additions, primarily due to reversal of pandemic trends and increased competition. It also persistently suffers from video-subscriber attrition due to cord-cutting. Moreover, a leveraged balance sheet is a major concern.Nevertheless, the company benefited from a growing wireless subscriber base. Comcast’s plan to transition to DOCSIS 4.0 is noteworthy in this regard. The technology will help it in expanding much faster and at a lower cost compared to competitors.Recovery in park and movie business bodes well for Comcast’s profitability. Its streaming service Peacock is a key catalyst in driving broadband sales. Strong free cash flow generation ability is noteworthy.(You can read the full research report on Comcast here >>>)Equinor shares have outperformed the Zacks Oil and Gas - Refining and Marketing industry over the past year (+31.2% vs. +15.9%). The company is one of the premier integrated energy companies, with operations spreading across 30 countries. The company reaffirmed production growth expectations at 2% for 2022.In the second quarter, it made three commercial discoveries on the Norwegian Continental Shelf, making its production outlook bright. To combat climate change, the company is actively investing in renewable energy projects, comprising power generation from solar and wind energy. Also, it announced the increase of the share buy-back program of up to $6 billion for 2022.However, the company’s balance sheet has significant debt exposure as compared to the composite stocks in the industry. Also, the company is not being able to capture the potential profit growth from commodity prices that have reached record highs. As such, the stock warrants a cautious stance.(You can read the full research report on Equinor here >>>)Other noteworthy reports we are featuring today include Chevron Corp. (CVX), Intuit Inc. (INTU), and Sanofi (SNY).Mark VickerySenior EditorNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>Today's Must ReadStrong Demand for Networking Products Aids Broadcom (AVGO)Broadband Subscriber Gain Drives Comcast's (CMCSA) ProspectsEquinor (EQNR) Leads Energy Transitions, Debts Remain HighFeatured ReportsIntuit (INTU) Rides on Product Refresh, Higher SubscriptionsPer the Zacks analyst, Intuit is benefiting from frequent product refreshesu, which help it to gain customers. Moreover, increase in subscriptions is driving stable revenue growth for the company.Sanofi (SNY) Relies on Dupixent and Vaccines to Drive GrowthDupixent has become the key top-line driver for Sanofi. The Zacks analyst believes its leading vaccine portfolio has become the primary top-line driver. Its R&D pipeline is strong.Cigna (CI) Gains From Improving Top Line Amid High CostsPer the Zacks analyst, Cigna gains from a healthy revenue stream, driven by buyouts and enhanced products suite. However, high costs continue to weigh on margins.Dividends & Buybacks Boost CSX's Prospects Despite Cost WoesThe Zacks analyst is impressed with CSX's efforts to reward its shareholders. However, high operating expenses, mainly due to elevated fuel costs, are hurting its bottom line.Las Vegas Sands (LVS) Banks on Macau Business Amid High Debt Per the Zacks analyst, Las Vegas Sands' planned investment in new capital projects in Macau and improving visitations are likely to drive growth. Yet high debt remains a concern.Steady Investment & Renewable Focus Aid Eversource (ES)Per the Zacks analyst, Eversource's investment of $18.1 billion within 2022-2026 time period will boost clean electricity generation, fortify its infrastructure and increase reliability of its serviceLoans, Fee Income Aid Prosperity Bancshares (PB), Costs AilPer the Zacks analyst, high loan demand, robust fee income growth and a solid balance sheet position will support Prosperity Bancshares amid weakness in mortgage banking business and high costs.New UpgradesChevron (CVX) Boosts Permian Position with Noble BuyThe Zacks analyst believes that Chevron's Noble Energy takeover has expanded its footprint in the lucrative Permian Basin along with the addition of cash-generating offshore assets in Israel.nOwl Rock (ORCC) to Grow on Acquisitions & New InvestmentsPer the Zacks analyst, Owl Rock's strategic buyouts will generate substantial additional credit resources. Also, new investment commitments will boost its bottom line.Rising Farm Income, Infrastructure Demand Aid Lindsay (LNN)Per the Zacks analyst, Lindsay will gain on improving farm income which will support irrigation equipment demand and the momentum in infrastructure segment backed by demand for Road Zipper projects.New DowngradesQorvo (QRVO) Plagued by Supply Chain Woes, Pricing PressuresPer the Zacks analyst, Qorvo is likely to be plagued by strained margins driven by intense pricing pressures, COVID mitigation efforts in China, supply chain disruptions and prolonged Ukraine war.Higher Operating Costs to Hurt Abercrombie's (ANF) MarginsPer the Zacks analyst, Abercrombie's margins have been affected by elevated product costs, digital fulfillment expenses and inflation rate. Higher costs are likely to persist throughout fiscal 2022.Kohl's (KSS) Hurt by Product Cost Inflation, SG&A ExpensesPer the Zacks analyst, Kohl's gross margin remains troubled by escalated freight expenses and product cost inflation. Higher investments in key strategic initiatives are raising SG&A costs. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock And 4 Runners UpWant 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 Sanofi (SNY): Free Stock Analysis Report Chevron Corporation (CVX): Free Stock Analysis Report Comcast Corporation (CMCSA): Free Stock Analysis Report Intuit Inc. (INTU): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Equinor ASA (EQNR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research