Top Stock Reports for Broadcom, Visa & Home Depot

Thursday, April 2, 2026

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 Broadcom Inc. (AVGO), Visa Inc. (V) and The Home Depot, Inc. (HD), as well as a micro-cap stock BayFirst Financial Corp. (BAFN). 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 >>>

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You can read today's AWS here >>> Pre-markets Lower on Concerns About Iran

Today's Featured Research Reports

Broadcom’s shares have outperformed the Zacks Electronics - Semiconductors industry over the past year (+100% vs. +98.4%). The company is experiencing strong momentum fueled by growth in AI semiconductors and continued success with its VMware integration. Strong demand for its networking products and custom AI accelerators (XPUs) has been noteworthy.

Broadcom’s AI segment benefits from custom accelerators and advanced networking technology that support large-scale AI deployments with improved performance and efficiency. Broadcom expects second-quarter fiscal 2026 AI revenues to surge 140% year over year to $10.7 billion.

AVGO’s networking portfolio is gaining from the strong demand for Tomahawk 6 products. The acquisition of VMware has benefited Infrastructure software solutions. A rich partner base is a key catalyst. However, gross margin in the fiscal second quarter is expected to be flat sequentially. High debt level is a headwind.

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

Shares of Visa have declined -11.7% over the past year against the Zacks Financial Transaction Services industry’s decline of -19.1%. The company faces rising client incentives and expenses, which can affect margin growth. The Zacks analyst expects FY26 adjusted costs to rise 11%. Regulatory pressures and potential legislative changes pose additional risks to its fee structure. Regional softness warrants monitoring. The Zacks analyst reiterates our Neutral recommendation on the stock.

Nevertheless, Visa’s strong market position is underpinned by consistent volume-driven growth, acquisitions and technological leadership in digital payments. Expansion in cross-border volumes, rising transactions and investments in AI and stablecoin infrastructure enhance its prospects.

Visa’s first-quarter fiscal 2026 earnings beat estimates. Total revenue rose 15% YoY in the first quarter, along with 12% cross-border growth. A robust financial position, with ample liquidity and shareholder returns, further supports long-term growth.

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

Home Depot’s shares have declined -8.1% over the past year against the Zacks Retail - Home Furnishings industry’s decline of -9%. The company’s sales and EPS miss in fourth-quarter fiscal 2025. Weak storm-related demand, sluggish big-ticket spending, and margin pressure hurt results. Muted comps and operating deleverage are weighing on profitability, while a cautious outlook reflects persistent housing weakness and limited demand recovery.

Nevertheless, Home Depot’s growth strategy is well-supported by its integrated retail model, digital investments, and Pro-focused initiatives. Seamless connectivity across stores, online platforms, and supply chain is enhancing customer experience and driving higher engagement.

The Pro segment continues to outperform, supported by targeted investments and expanding ecosystem capabilities. The SRS acquisition is contributing to sales growth and market share gains, with early synergy benefits emerging.

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

Shares of BayFirst Financial have underperformed the Zacks Banks - Southeast industry over the past year (-59.1% vs. +21.1%). This microcap company with a market capitalization of $26.58 million is facing near-term challenges, including elevated credit costs tied to legacy SBA runoff, an unfavorable deposit mix increasing funding costs, and a smaller loan base following strategic repositioning. Intense competition may further constrain growth and pricing. Valuation appears attractive at a deep discount to peers.

Nevertheless, BayFirst is undergoing a significant balance sheet transformation, exiting SBA 7(a) lending and completing loan sales to reduce earnings volatility, strengthen capital ratios and reposition as a traditional community bank with improved predictability. Expense rationalization initiatives are driving lower operating costs, supporting margin expansion and operating leverage in 2026.

The company’s core strength lies in its Tampa Bay–Sarasota franchise, diversified loan portfolio and growing fee-based income from treasury management, enhancing revenue stability.

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

Other noteworthy reports we are featuring today include Applied Materials, Inc. (AMAT), Accenture plc (ACN) and UBS Group AG (UBS).

Mark Vickery
Senior Editor

Note: 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 Read

Strong Demand for Networking Products Aids Broadcom (AVGO)

Visa (V) Rides On Cross Border Volume Growth, Expenses High

Home Depot (HD) Gains from Integrated Retail Strategy Push

Featured Reports

Acquisition Strategy Aid Accenture (ACN), Talent Costs Ail
Per the Zacks analyst, Accenture's buyout strategy helps in channeling its business in high-growth areas, deepening industry and functional expertise. A competitive talent market remains a concern.

Business Expansion Efforts Aid UBS Group AG (UBS) Amid Rising Costs
Per the Zacks analyst, UBS Group's expansion through strategic partnerships and acquisitions underscores strong inorganic growth. However, elevated integration and technology costs remain a concern.

Grainger (GWW) Gains from Solid Volume Amid Cost Woes
Per the Zacks analyst, Grainger is poised well to gain from the volume growth in its end markets. However, elevated costs will remain headwinds.

Defense Orders Drive Huntington Ingalls (HII) Amid Labor Shortage
Per the Zacks analyst, Huntington Ingalls is likely to benefit from increasing defense orders from the Pentagon and US allies. Yet labor shortage result in delays and likely impact operating results.

Summit's (SMMT) Lead Candidate Progressing Well, Dependency a Woe
While Summit's progress with its experimental cancer drug is encouraging, the lack of pipeline diversification beyond this drug concerns the Zacks analyst.

Sunoco's (SUN) Extensive Motor Fuel Distribution Network Aids
Per the Zacks analyst, Sunoco benefits from its extensive distribution network, supported by long-term agreements with more than 9,000 facilities, ensuring reliable cash flows.

Strong Volume Gains Highlight Lamb Weston's (LW) Growth
Per the Zacks analyst, Lamb Weston is benefiting from strong volume gains. Total volumes rose 7% in the third quarter of fiscal 2026, led by a 12% volume increase in North America.

New Upgrades

Applied Materials (AMAT) Rides on Strength in AGS Segment
Per the Zacks analyst, strong recurring services, growing parts sales and expanding subscription business are benefiting Applied Materials' Applied Global Services (AGS) segment.

HubSpot (HUBS) Rides on Growing Customer Base, AI Integration
Per the Zacks analyst, steady multi-hub adoption from enterprise customers will likely drive HubSpot's top line. A strong focus on AI integration across the portfolio is a positive.

Flowserve Pump Division Segment to Benefit Flowserve (FLS)
Per the Zacks analyst, Flowserve will gain from strength in the Flowserve Pump Division segment, driven by solid momentum in aftermarket business. The company's shareholders add to its appeal.

New Downgrades

High Labor Costs and Aircraft Delivery Delays Hurt Allegiant (ALGT)
The Zacks analyst is worried about the aircraft delivery delays, which are hurting Allegiant's fleet-related plans. High labor costs remain another cause for concern.

Macroeconomic Woes, Tough Rivalry Weigh on Chemed (CHE)
The Zacks analyst is concerned with Chemed's exposure to macroeconomic pressures, including tariffs and inflation, which may affect its results. Fierce competitive pressures add to the risks.

Soft OSB Segment and Macro Woes Hurt Louisiana-Pacific (LPX)
Per the Zacks analyst, Louisiana-Pacific is facing pressure from lower selling prices and reduced OSB sales volumes due to a weaker housing market and ongoing affordability challenges.

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.

See

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Accenture PLC (ACN): Free Stock Analysis Report

Visa Inc. (V): Free Stock Analysis Report

UBS Group AG (UBS): Free Stock Analysis Report

The Home Depot, Inc. (HD): Free Stock Analysis Report

Applied Materials, Inc. (AMAT): Free Stock Analysis Report

Broadcom Inc. (AVGO): Free Stock Analysis Report

BayFirst Financial Corp. (BAFN): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research