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The Zacks Analyst Blog Highlights Air Products and Chemicals, Southern Copper Corporation, Discover Financial Services, Skyworks Solutions and Healthpeak Properties

For Immediate Release

Chicago, IL – October 5, 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: Air Products and Chemicals, Inc. APD, Southern Copper Corporation SCCO, Discover Financial Services DFS, Skyworks Solutions, Inc. SWKS, and Healthpeak Properties, Inc. PEAK

Here are highlights from Tuesday’s Analyst Blog:

Top Stock Reports for Air Products, Southern Copper and Discover Financial

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 Air Products and Chemicals, Inc., Southern Copper Corporation and Discover Financial Services. 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 >>>

Air Products and Chemicals shares have held up better than the peer group as well as the broader market, with the stock down -2.9% over the past year vs. -8.7% decline for the Zacks sub-industry and -15% decline for the S&P 500 index. The Zacks analysts discusses the challenges facing the company like the impact of higher power and fuel costs on margins and currency headwinds, but sees Air Products' strong cash flows and history of shareholder returns offsetting these issues.

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Strategic investments in high-return projects, new business deals and acquisitions are expected to drive the company's results in fiscal 2022. Also, Air Products is committed to maximize returns to shareholders leveraging strong cash flows. It will also benefit from productivity actions. The acquisition of PBF Energy plants is also contributing to its results.

(You can read the full research report on Air Products and Chemicals here >>>)

Southern Copper shares have modestly underperformed the Zacks Mining - Non Ferrous industry over the past year (-15.1% vs. -13.3%). The company anticipates copper production in 2022 to be lower year over year reflecting the suspension of operations at Cuajone as well as temporary reduction in ore grades.

Production is expected to recover in 2023 and reach 971,000 tons with the Peruvian production coming back on track and new production at Pilares, El Pilar and Buenavista. Its strict cost control measures will help offset the impact of inflated fuel, labor and operating costs.

Even though copper prices have declined lately, it will be supported by growth in public infrastructure investment in the United States and the global initiatives to address climate change. This will support Southern Copper's top-line performance. Backed by industry-leading copper reserves as well as growth investments, the company is well poised to continue delivering solid results.

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

Discover Financial shares have declined -26.4% over the past year against the Zacks Financial - Consumer Loans industry's decline of -38.0% on the back of rising macroeconomic worries. Exacerbating the macro headwinds are the company's weak margins outlook and expectations of rising provisions for loan losses.

However, Discover Financial's integrated digital banking and payments model, as well as the ongoing economic recovery is buoying its performance. Expanding global payments operations and an attractive core business poise the company well for growth.

Several digital transformation efforts bode well for DFS. Its strong balance sheet is a major positive, highlighted by a healthy liquidity portfolio. The company's solid financial position enables it to deploy capital through share buybacks and dividend payments.

(You canread the full research report on Discover Financial here >>>)

Other noteworthy reports we are featuring today include Skyworks Solutions, Inc., and Healthpeak Properties, Inc..

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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
 
Air Products and Chemicals, Inc. (APD) : Free Stock Analysis Report
 
Discover Financial Services (DFS) : Free Stock Analysis Report
 
Skyworks Solutions, Inc. (SWKS) : Free Stock Analysis Report
 
Southern Copper Corporation (SCCO) : Free Stock Analysis Report
 
Healthpeak Properties, Inc. (PEAK) : Free Stock Analysis Report
 
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Zacks Investment Research