Top Stock Reports for Procter & Gamble, Lam Research & Texas Instruments

Wednesday, December 3, 2025

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 The Procter & Gamble Co. (PG), Lam Research Corp. (LRCX) and Texas Instruments Inc. (TXN), as well as two micro-cap stocks SandRidge Energy, Inc. (SD) and Crown Crafts, Inc. (CRWS). 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 >>>

Ahead of Wall Street

The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.

You can read today's AWS here >>> ADP Disappoints: -32K Private Sector Jobs Last Month

Today's Featured Research Reports

Shares of Procter & Gamble have declined -14.5% over the past year against the Zacks Consumer Products - Staples industry’s decline of -14.7%. The company’s strong portfolio, innovations, and productivity efforts reinforce its ability to deliver sustainable growth. Earnings and sales beat the Zacks Consensus Estimate and increased year over year in Q1 fiscal 2026. 

PG expects 1–5% all-in sales growth and flat to up 4% organic sales gains in fiscal 2026, supported by cost savings. The Zacks analyst expect organic sales to rise 2% in fiscal 2026. Robust cash flow funds dividends and share buybacks, with $15 billion planned shareholder returns in fiscal 2026. 

PG’s consistent execution positions it well to balance growth, resilience, and shareholder value creation. However, elevated commodity costs, tariff pressures, higher interest expenses, and macroeconomic woes continue to weigh on margins and earnings visibility.

(You can read the full research report on Procter & Gamble here >>>)

Lam Research’s shares have outperformed the Zacks Electronics - Semiconductors industry over the past year (+101% vs. +70.1%). The company is riding on its strength across 3D DRAM and advanced packaging technologies. Growing etch and deposition intensity owing to increasing technology inflections in 3D architectures is a plus.

A rebound in the System business due to improving memory spending is an upside. Strategic investments in research and development activities position it well to capitalize on the growing wafer fab equipment (WFE) spending. Foundry/logic, DRAM and NAND investments are expected to be higher year over year. Solid demand related to high-bandwidth memory is a plus. 

The Zacks model estimates suggest total revenues are expected to witness a CAGR of 8.5% through fiscal 2026 to 2028. However, global spending on mature nodes is likely to remain soft in the near term. Growing trade and tariff tensions between the United States and China are a concern.

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

Shares of Texas Instruments have underperformed the Zacks Semiconductor - General industry over the past year (-6.8% vs. +24.8%). The company’s overall growth might be impacted by a slow recovery in the industrial market as customers are cautiously spending amid ongoing macroeconomic uncertainties. Rising manufacturing costs and the growing tech war between the United States and China are other concerns.

Nevertheless, Texas Instruments is benefiting from solid data center demand, which is boosting its prospects in the enterprise systems market. A sustained focus on expanding its product portfolio across the Analog and Embedded Processing segments helps capture market share. 

Texas Instruments’ deepening focus on internal manufacturing and advanced technology infusion is another positive. The Zacks model estimates indicate that revenues may witness a CAGR of 8.7% through 2025-2027. Its robust cash flows and aggressive shareholder return policies instill confidence in its long-term prospects.

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

SandRidge Energy’s shares have outperformed the Zacks Oil and Gas - Integrated - United States industry over the past year (+34.5% vs. -9.3%). This microcap company with a market capitalization of $527.34 million offers a large development runway in the Cherokee shale, supported by strong early well results, high working interest and a leasehold that is largely held by production, giving flexibility to pace activity and expand inventory. 

Margins are climbing as oil volumes rise and costs stay tight, lifting revenues and EBITDA, while the balance sheet remains debt-free. Cash generation funds a steady capital return program, with rising quarterly dividends and continued buybacks reinforcing disciplined capital use. Converting proved undeveloped sites into producing wells is expanding reserves and supporting long-term NAV growth. 

SandRidge Energy also carries meaningful leverage to improve gas markets, aided by flexible hedging and a portfolio that can shift between oil and gas development. Its focus on safe, low-emission operations enhances reliability and supports efficient field performance.

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

Shares of Crown Crafts have underperformed the Zacks Textile - Home Furnishing industry over the past year (-33.2% vs. -11%). This microcap company with a market capitalization of $29.33 million is facing risks which include tariff-related margin pressure, category weakness, high inventory, reliance on Walmart/Amazon, licensing renewals and limited liquidity. Valuation reflects execution risk but offers upside if margins and diversification gains hold.

Nevertheless, Crown Crafts' Baby Boom acquisition expands its portfolio and retail reach, helping offset softness in bedding and diaper bags. Management sees Baby Boom as a long-term growth driver and is restructuring sourcing to lower tariff exposure. Strong cash flow and disciplined spending have preserved liquidity and supported a consistent dividend.

Cost synergies and internal consolidation are expected to streamline operations through fiscal 2027. Manhattan Toy is stabilizing, aided by SKU cuts, better design, unified distribution and a revamped e-commerce platform boosting DTC and international sales.

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

Other noteworthy reports we are featuring today include Vertex Pharmaceuticals Inc. (VRTX), Phillips 66 (PSX) and Waste Connections, Inc. (WCN).

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

P and G's (PG) Productivity and Cost Savings Plan to Boost Margins

Lam Research (LRCX) Benefits From Etch and Deposition Strength

Texas Instruments (TXN) Gains From Robust Data Center Demand

Featured Reports

Vertex (VRTX) Cystic Fibrosis Sales Up; Focus on New Drugs
The Zacks analyst says Vertex's cystic franchise sales are up due to higher sales of Trikafta and contribution from new drug, Alyftrek. However sales of new drugs, Journavx and Casgevy, has been slow.

Phillips 66 (PSX) Set to Gain From Major Asset Divestments
Per the Zacks analyst, Phillips 66 is sharpening its strategic focus by selling non-core assets and channeling proceeds into higher-return priorities, positioning the company for stronger cash flows.

Waste Connections (WCN) Market Expands Despite Low Liquidity
Per the Zacks analyst, Waste Connections is well-positioned to capitalize on global waste management market expansion, boosting the top and bottom lines. Low liquidity is concerning.

Smart Investments and Customer Additions Aid Atmos Energy (ATO)
Per the Zacks analyst, Atmos Energy will benefit from long-term capital expenditure plan. Industrial customer additions and constructive rate outcomes will boost its performance.

Focus on Fee-Based Business Drives Principal Financial (PFG)
Per the Zacks analyst, focus on fee-based business, improving assets under management and spread and risk businesses help Principal Financial earn steadily. Yet, rising expenses weigh on margins.

Acquisitions Boost RS' Prospects Amid Tariff-related Headwinds
Per the Zacks Analyst Reliance is enhancing its operations through strategic acquisitions and buyouts that help diversify its offerings. However tariffs on imported metals could weigh on profitability

Lattice (LSCC) Rides on Healthy Demand, Portfolio Strength
Per the Zacks analyst, solid momentum in the AI server market will likely drive Lattice's top line. Strong focus on expanding the FPGA portfolio through innovations is a tailwind.

New Upgrades

AI-Powered Semiconductor Test Demand Aids Teradyne's (TER) Prospects
Per the Zacks analyst, Teradyne benefits from strong semiconductor test demand as customers accelerates production of a wide range of AI accelerators, networking, memory and power devices.

NovaSeq X Success, Strong Solvency Boosts Illumina (ILMN)
The Zacks analyst is impressed with Illumina building momentum with the NovaSeq X transition, mainly in the clinical markets. Also, its cash reserves exceed debt, signaling solid financial footing.

Hain Celestial's (HAIN) Structural Reset Drives Early Efficiency Gains
Per the Zacks analyst, Hain Celestial's structural reset is driving lower SGA, a move to a regional model and strong cost discipline. It expects over $60 million productivity savings in fiscal 2026.

New Downgrades

Rising Operating Expenses and High Debt to Ail CarMax (KMX)
Per the Zacks analyst, higher marketing spend can hurt CarMax's margins. High long-term debt-to-capital ratio compared to the industry also remains a concern.

High Costs, Weak Liquidity Hurts Starwood Property (STWD)
Per the Zacks analyst, rising non-interest expenses due to investment in franchise expansion hurt Starwood Property's growth. Weak liquidity position is an added woe.

Watsco (WSO) Battles Demand Slowdown and HVAC Market Pressures
Per the Zacks analyst, Watsco faces demand softness, rising costs and a tough HVAC market as regulatory shifts and weak consumer sentiment pressure near-term growth.

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

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

Zacks Investment Research