The Zacks Analyst Blog Highlights Tesla, Bank of America, Alibaba, Seneca Foods and Nathan's Famous

For Immediate ReleaseChicago, IL – January 14, 2025 – 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: Tesla, Inc. TSLA, Bank of America Corp. BAC, Alibaba Group Holding Ltd. BABA, Seneca Foods Corp. SENEA and Nathan's Famous, Inc. NATH.Here are highlights from Monday’s Analyst Blog:Top Stock Reports for Tesla, Bank of America and AlibabaThe 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 Tesla, Inc., Bank of America Corp. and Alibaba Group Holding Ltd., as well as two micro-cap stocks Seneca Foods Corp. and Nathan's Famous, Inc. The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.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 >>>Tesla shares have outperformed the Zacks Automotive - Domestic industry over the past year (+73.4% vs. +47.8%), likely reflecting the expectation that the worst of the company's competitive challenges that had been weighing on its margins was behind it. The company’s annual deliveries contracted for the first time ever in 2024, but its long-term growth story remains intact driven by its thriving Energy Generation & Storage segment, expansive Supercharger network and AI advancements.Energy deployments doubled in 2024 and the upward trajectory is set to continue, thanks to the strong reception of its Megapack and Powerwall products. Progress in the autonomous vehicle domain, including plans to launch robotaxi services in 2025, position the company well for sustained growth.Despite potential rebate cuts under a Trump presidency, Tesla is well-positioned to thrive without subsidies, thanks to its cost efficiency and unmatched scale. Tesla’s robust balance sheet, with a high liquidity buffer, supports continued innovation and expansion. As such, we are bullish on the stock.(You can read the full research report on Tesla here >>>)Shares of Bank of America have modestly lagged peer JPMorgan's performance over the past year (+37% vs. +43.4%), but have handily outperformed the S&P 500 index over the same time period (+37% vs. +23%). The stock's strong recent momentum reflects optimism about the operating environment characterized by an easing Fed and expectations of pro-growth and less stringent regulatory policies from the Trump administration. Many in the market expect this performance to get a boost from this week's Q4 earnings release (the company reports Q4 results the morning of Thursday, January 16th).The Zacks analyst projects non-interest income to rise 9.7% in 2024 and only 1.8% in 2025. Due to continued investments in the franchise, costs will remain high. We expect total non-interest expenses to rise 1.2% in 2024. While high funding costs are still a concern, the company’s net interest income (NII) will be positively impacted by rate cuts. We project NII to witness a CAGR of 3.3% by 2026.The company plans to open financial centers in new and existing markets and improve digital capabilities. These will support the top line. We project total revenues to grow 3.1% in 2024.(You can read the full research report on Bank of America here >>>)Alibaba shares have gained +7.8% over the past year against the Zacks Internet - Commerce industry’s gain of +37.8%, with uncertainty about China's economic outlook weighing on the stock. The company is benefiting from strong momentum across its international commerce retail business. Solid combined order growth in AIDC’s retail businesses and strength in AliExpress’ Choice are contributing well.Growing international commerce wholesale business, thanks to strength in cross-border-related value-added services, is a tailwind. Expanding China's wholesale commerce business remains a major positive. Robust local consumer services and Cainiao logistics services are further driving top-line growth.Strength in Lazada, AliExpress and Trendyol is expected to continue benefiting Alibaba’s international business. However, rising expenses related to new initiatives are a concern. Macroeconomic uncertainties and unfavorable foreign exchange fluctuations remain risks.(You can read the full research report on Alibaba here >>>)Shares of Seneca Foods have outperformed the Zacks Food - Miscellaneous industry over the past year (+22.0% vs. -10.2%). This microcap company with market capitalization of $491.59 million demonstrates strong sales momentum with 3.4% growth in net sales for the first six months of fiscal 2025, driven by a 9.9% increase in case volumes (excluding co-pack).Strategic inventory reductions and improved cash flow highlight financial discipline, while its diversified product mix, including brands like Libby’s and Green Giant, supports market leadership in packaged fruits and vegetables.Despite these strengths, rising costs from weather impacts, higher LIFO charges, and a 46.3% decline in net earnings in second-quarter fiscal 2025 present significant profitability risks. For the first six months of fiscal 2025, gross margins fell to 11.7%. Increased interest expenses, competitive pressures, raw material volatility and customer concentration further underscore challenges in sustaining growth.(You can read the full research report on Seneca Foods here >>>)Nathan's Famous shares have outperformed the Zacks Retail - Restaurants industry over the past year (+6.1% vs. +5.9%). This microcap company with market capitalization of $313.66 million has shown consistent growth, with second-quarter fiscal 2025 revenues up 6.1% year over year to $41.1 million and net income up 5.6% to $6 million.The Branded Product Program grew 4.5% in the first half of fiscal 2025, driven by higher hot dog sales and pricing, while licensing royalties rose 12.1% in the first half of fiscal 2025, with Smithfield Foods contributing $20.6 million. Despite expanding its franchise network by 21 locations and the iconic brand and international footprint supporting long-term growth, challenges include declining franchise fees, high debt levels and cost pressures from rising beef prices and labor inflation.Heavy reliance on Smithfield and variability in company-owned location performance underscore risks. Competitive pressures and regulatory uncertainties could further impact margins and growth.(You can read the full research report on Nathan's Famous here >>>)Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comPast 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.Free: 5 Stocks to Buy As Infrastructure Spending SoarsTrillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.In, you’ll discover 5 surprising stocks positioned to profit the most from the spending spree that’s just getting started in this space.Download How to Profit from the Trillion-Dollar Infrastructure Boom absolutely free today.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 Bank of America Corporation (BAC): Free Stock Analysis Report Seneca Foods Corp. (SENEA): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Alibaba Group Holding Limited (BABA): Free Stock Analysis Report Nathan's Famous, Inc. (NATH): Get Free ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks